Maritime news
Headlines aggregated from the maritime press. Links go straight to the source — Seafarer Index does not reproduce full articles.
- Coal Hits Three-Year HighHellenic Shipping News · 10/7/2026
Coal futures climbed above $150 per ton, reaching their highest level since September 2023 after Australia’s High Court rejected an appeal by Mach Energy Australia over the planned expansion of its coal mine in NSW. The court found that planning authorities had failed to adequately account for emissions generated by cu
- Labrador Trough vs the Pilbara and South Australia: Who will win the green iron race?Hellenic Shipping News · 10/7/2026
The Canadian government has announced one of the largest investments in clean energy (CAD70 billion), which could support the development of high-grade iron ore and pair it with clean power to produce green iron. In addition, the Labrador Trough Clean Power, Critical Minerals and Infrastructure Corridor (the Labrador T
- MMI Daily Iron Ore Index Report October 7 2026Hellenic Shipping News · 10/7/2026
Seaborne indices and mainstream brand quotations continued to soften, although not every product declined. On Oct 7, the MMi 61% index fell to USD 91.25/dmt and the 65% to 109.70, with their spread widening slightly to USD 18.45. PB, Newman and Mac Fines each lost USD 0.40, while Jimblebar Fines and SP10 were unchanged
- Soybeans Rebound on Brazil Planting DelaysHellenic Shipping News · 10/7/2026
Soybean futures climbed toward $13.1 per bushel, bouncing off from multi-week lows as slower planting in Brazil and signs of continued export demand lifted prices. About 7.3% of soybean crop in Brazil, the world’s largest exporter, had been planted as of Thursday, below 9% a year earlier, with consultancy AgRural estim
- Vitol CEO says current Middle East flows enough to prevent $200/barrel scenarioHellenic Shipping News · 10/7/2026
The Middle East has exported around 12 million barrels per day of crude oil and 2 million bpd of refined products in the last 7 to 10 days, according to Vitol CEO Russell Hardy. Hardy told the Energy Intelligence Forum in London that this flow of 10 million to 14 million bpd is maintaining energy ...
- The Commodities Feed: Oil stuck between improving supply and Persian Gulf risksHellenic Shipping News · 10/7/2026
Energy – Persian Gulf supply risks offset stronger oil flows The oil market traded under pressure for much of the session yesterday, with ICE Brent trading down towards $97/bbl. However, with supply risks from the Persian Gulf still very real — with continued attacks on ships — the market still managed to settle above
- Crude inventories fall more than expected, boosting oil pricesHellenic Shipping News · 10/7/2026
The American Petroleum Institute (API) has released its latest data on U.S. crude oil inventories, revealing a significant decline that has exceeded market forecasts. The API Weekly Crude Stock report showed a decrease of 2.090 million barrels in U.S. crude inventories. This figure contrasts sharply with market expecta
- Pyxis lifts MR earnings with two-year CITGO dealSplash247 · 10/7/2026
Nasdaq-listed Pyxis Tankers has locked one of its MR product tankers into a two-year charter with CITGO Petroleum at $31,000 per day, securing about $21.8m in net charter revenue. The Greece-based owner has fixed the 2017-built, 50,145 dwt Pyxis Lamda for 24 months, plus or minus 30 days at the charterer’s option. The
- Houthis Attack Aden Airport as Fighting Intensifies in YemengCaptain · 10/7/2026
Yemen's Houthis attacked Aden's international airport with ballistic missiles and explosive-laden drones on Wednesday, the country's Transport Ministry said, as fighting between the Iran-aligned group and Saudi-backed government forces intensified.
- Weekly tanker and dry bulk time charter rates - 7 OctoberSeatrade Maritime · 10/7/2026
Dry bulk and tanker shipping time charter rates
- Commodity trader takes Pelagic handysize for up to 11 monthsSplash247 · 10/7/2026
Cyprus-based shipowner and fund manager Pelagic Partners has fixed its handysize bulker UBC Houston to an unnamed major commodity trader for up to 11 months. The 2015-built, 39,000 dwt vessel has secured a nine-to-11-month time charter at $17,250 per day, Pelagic said. The company did not identify the charterer. The Ch
- HD Hyundai gathers Korean heavyweights for marine nuclear test centreSplash247 · 10/7/2026
HD Hyundai Heavy Industries has brought together 11 other South Korean shipbuilding, nuclear and academic organisations to create a marine small modular reactor testing hub, adding further momentum to its increasingly ambitious push into nuclear-powered shipping. The SMR Marine Technology Demonstration Center brings to
- Crunch time for North Sea oil and gas fields Rosebank and JackdawSeatrade Maritime · 10/7/2026
North Sea could become ‘uninvestable’ if oil and gas fields off the Scottish coast do not get the go-ahead from the UK Government
- Damen sets up shop in PanamaSeatrade Maritime · 10/7/2026
The Dutch shipyard group adds to a repair facility in Curacao and partnerships in Colombia
- Container battery fire risks prompt US labeling legislationSeatrade Maritime · 10/7/2026 · accident
Bill targets import ocean containers moving inland, echoing recent safety pushes at the IMO
- Busan shipmanager launches Arctic LNG fleet pushSplash247 · 10/7/2026
New South Korean shipmanager IOB has started operations with four ice-class LNG carriers and is already targeting a move into full icebreaking Arc7 tonnage. The Busan-based company says it currently has four Arc4 LNG carriers under management, with plans to add three to six Arc7 vessels in 2027, followed by additional
- Aframax Rio blaze underscores widening Black Sea threatSplash247 · 10/7/2026
The Aframax Rio was ablaze off Sochi on Tuesday after being struck by unmanned surface vessels, adding another tanker casualty to a rapidly worsening Black Sea security picture. Russia’s transport ministry said the Liberia-flagged aframax was attacked off the Russian resort city, triggering a major fire and an oil spil
- FMC threatens COSCO with $16.7m penalty over delayed paymentSplash247 · 10/7/2026 · wages
COSCO is facing a potential civil penalty of up to $16.7m in the US after taking more than seven months to pay a comparatively small reparations award ordered by the Federal Maritime Commission (FMC). The FMC has issued an order to show cause asking the Chinese carrier to explain why it should not be penalised …
- Twelve injured in latest Hormuz attackSplash247 · 10/7/2026
Twelve seafarers have been injured after the Panama-flagged tanker On Peace was struck by a projectile while transiting the Strait of Hormuz yesterday, the latest casualty in what has become the most intense spell of attacks on commercial shipping since the US-Iran war began in February. The vessel, owned by Dubai-base
- Asia’s Maritime Community to Take Centre Stage at Upcoming WISTA 2026The Maritime Executive · 10/7/2026
- MarinePALS and SEAker to Link Cadet Training RecordsThe Maritime Executive · 10/7/2026 · training
- Stena Line’s Port of Gothenburg Terminal Relocation One Step CloserThe Maritime Executive · 10/7/2026
- Saudi Bypass Pipeline Quickly Rebounded After Attack, Export Data ShowsThe Maritime Executive · 10/7/2026
- Solstad Offshore exercises $125m CSV purchase optionSplash247 · 10/7/2026
Norwegian offshore vessel owner Solstad Offshore has exercised an option to buy the 2016-built Normand Maximus CSV. A subsidiary of Solstad Offshore entered into a bareboat charterparty for the vessel on October 7, 2022, with the vessel’s owner and a subsidiary of Solstad Maritime, Maximus Shipping. Under the deal, Sol
- Petronas moves to appraise major oil find off MalaysiaSplash247 · 10/7/2026
Malaysia’s Petronas is preparing to drill the Megah-2 appraisal well offshore Sabah, with Seadrill’s drillship West Capella reportedly lined up for the campaign. The well will appraise the Megah discovery in Deepwater Block 3K, one of Malaysia’s largest oil discoveries in around two decades. Estimates have put the disc
- Aramco taps KBR for major field upgrade workSplash247 · 10/7/2026
Houston-based engineering and construction services giant KBR has been awarded a project by Aramco to support facility upgrades across the Marjan offshore field in the Arabian Gulf. Under the contract, KBR will provide engineering and project execution services to support key offshore processing, gas compression, and p
- TechnipFMC secures fresh Brazil subsea awardSplash247 · 10/7/2026
Offshore contracting giant TechnipFMC has secured a subsea contract from Petrobras to supply flexible pipe systems for several pre-salt developments offshore Brazil. The award, made after a competitive tender, covers the design, engineering, and manufacture of flexible flowlines. TechnipFMC booked the contract in its t
- Seafarers Now Command Huge Bonuses for Hormuz TransitsThe Maritime Executive · 10/7/2026
- VLCC rates push to $1.2m per day for Gulf of Oman loadingSeatrade Maritime · 10/7/2026
A DHT Holdings tanker has been fixed at $1.2m per day as multiple fixtures exceed the million dollars daily for Gulf of Oman loading
- Quick Action Stops OSV From Sinking at Dock in the NetherlandsThe Maritime Executive · 10/7/2026 · accident
- HD Hyundai Delivers World's First "Lashing-Free" Containership to CMA CGMThe Maritime Executive · 10/7/2026
- After Russian Threats, Macron Puts Nuclear Deterrent at the ForefrontThe Maritime Executive · 10/7/2026
- Chemical Concerns Pause Plan to Dredge North Carolina Port ChannelThe Maritime Executive · 10/6/2026
- CMA CGM selects Wärtsilä 34DF Engines for 12 New Container VesselsThe Maritime Executive · 10/6/2026
- FMC Threatens COSCO with Large Civil Penalty for Delayed PaymentThe Maritime Executive · 10/6/2026 · wages
- Baltic dry bulk freight index hits six-week lowHellenic Shipping News · 10/6/2026
The Baltic Exchange’s dry bulk freight index dropped to its lowest point in six weeks on Tuesday, pulled down by declining capesize rates. The main Baltic index, which monitors rates for capesize, panamax and supramax vessels, fell 68 points, or 2.2%, to 3,002 points. This marks the index’s weakest level since August 2
- Newbuilding Activity BoomingHellenic Shipping News · 10/6/2026
Fresh newbuilding contracting activity has been recorded over the past week. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity remained exceptionally strong this week, with 83 new orders, the highest weekly total reported by BRL outside holiday weeks. Activity was broad-based, with
- Clarksons’ ClarkSea Index At All-Time High, Surpassing 2008 RecordHellenic Shipping News · 10/6/2026
Clarksons Research, the data and intelligence arm of the Clarksons Group, have reported an all-time high for their cross-market “barometer” of shipping rates, the ClarkSea Index. Reviewing third quarter developments across the shipping markets, Steve Gordon, Global Head of Clarksons Research, commented: ClarkSea Index
- Latin America’s commodity exporters face El Niño, costly freight and a shifting US trade pictureHellenic Shipping News · 10/6/2026
El Niño shifts the balance for South American crops El Niño is firmly established, with Oceanic Niño Index (ONI) levels above 2, and Kpler expects it to last at least until February. The weather pattern typically brings less rain to eastern Australia, India and northern Brazil, and better rainfall to southern Brazil, n
- Europe remains top destination for US LNG in September amid winter storage rebuildHellenic Shipping News · 10/6/2026
More than half of US LNG cargoes delivered in September landed in Europe, keeping the region the primary destination for American supply as buyers worked to rebuild gas inventories ahead of winter, an analysis of S&P Global Energy CERA data showed Oct. 5. Europe plus Turkey received 76 of the 143 US LNG cargoes deliver
- Capital Maritime Finance Corp. (CMF): A New Chapter for Greek Shipping Capital MarketsHellenic Shipping News · 10/6/2026
Capital Maritime Finance Corp. (CMF), backed by Greek shipowner and investor Evangelos Marinakis, is preparing to enter the Athens Stock Exchange with a modern container fleet, long-term contracted revenues and an ambitious newbuilding programme — offering investors exposure to one of the fastest-evolving segments of g
- Second Greek-linked ship hit in Hormuz within daysHellenic Shipping News · 10/6/2026
A Greek-flagged LNG carrier controlled by the Angelicoussis Shipping Group was struck by an unidentified projectile while leaving the Strait of Hormuz, in the latest incident to hit commercial shipping along one of the world’s most important energy routes. The Maran Gas Mystras, operated by Maran Gas Maritime, was hit
- Iran insists it controls Hormuz as rial hits record low and exports dry upHellenic Shipping News · 10/6/2026
Iran’s military insisted it retained full control of Hormuz and the foreign minister said the strait could reopen within seven days if Tehran’s conditions were met, after US Treasury Secretary Bessent said Iran had not loaded a single barrel of crude onto tankers in September. Iran’s military said on Monday it retained
- Banchero Costa Weekly Market Report, Week 40 2026Hellenic Shipping News · 10/6/2026
After a slight decline in 2024, when global crude oil loadings decreased by -0.2% y-o-y, things picked up in 2025, Source: banchero costa & c s.p.a
- ENGINE: East of Suez Fuel Availability OutlookHellenic Shipping News · 10/6/2026
Singapore and Malaysia Singapore’s bunker market remains tight despite “average demand”, with recommended lead times for VLSFO holding at around 10-15 days, unchanged from the previous week. Most suppliers continue to operate with low stocks, while delays in cargo arrivals due to the ongoing conflict in the Middle East
- Intermodal Weekly Market Report Week 40 2026 Broker’s InsightHellenic Shipping News · 10/6/2026
The diesel market saw a series of notable developments last week, against a backdrop of elevated prices and mounting Source: Intermodal
- Russia September crude exports rise 8% on month, despite fresh sanctionsHellenic Shipping News · 10/6/2026 · enforcement
Russia exported 4.088 million barrels/day of seaborne crude in September, up 8% month over month and up 3% year over year, despite ongoing sanctions, ship tracking data from S&P Global Energy showed Oct. 5. US President Donald Trump signed legislation on Sept. 18 allowing him to impose tariffs of up to 100% on goods im
- LNG Bunker Snapshot: Rotterdam premium rises as Singapore holds steadyHellenic Shipping News · 10/6/2026
Weekly changes in LNG bunker prices: • ARA up by $12/mt to $1,432/mt • Singapore down by $1/mt to $1,566/mt • Baltics up by $12/mt to $1,537/mt ARA Rotterdam’s LNG bunker price has edged higher, reversing two consecutive weeks of declines. A higher premium over TTF has driven the increase, going from $2.48/MMBtu ($129/
- CMA CGM selects Wärtsilä 34DF engines to support efficient, lower-emission operations for 12 new container vesselsHellenic Shipping News · 10/6/2026
Technology group Wärtsilä will supply a total of 36 Wärtsilä 34DF dual fuel engines for 12 new 18,000 TEU container vessels being built for French operator CMA CGM at the Jiangnan Shipyard in China. The vessels will run on LNG, supporting CMA CGM’s ambition to operate lower‑emission deep‑sea container ships. The engine
- Shipping industry takes OSCAR Campaign beyond £4 millionHellenic Shipping News · 10/6/2026
The shipping industry has once again shown what it can achieve when it comes together, raising an incredible £495,000 at this year’s OSCAR Dragon Boat Race, taking the total raised for Great Ormond Street Hospital for Children to £4 million. The OSCAR Dragon Boat Race has become a major annual event in the London marit