Maritime News
Latest shipping industry updates, IMO regulations, and seafarer news — updated daily.
Indian rice exporters fear cost surge from potential domestic fuel hike
Indian rice exporters expressed concerns over a possible rise in domestic fuel prices, which could aggravate the current…
13 May 2026
Metals industry backs new US tariff actions, but clash on targets
Industry groups across the US metals and mining sectors agreed that trade action is needed to counter excess capacity an…
13 May 2026
Soybeans Hold Near 2-Year High
Soybean futures held above $12 per bushel, moving close to a two-year high reached on March 12, after the USDA projected…
13 May 2026
Copper Rallies to Fresh All-Time High
Copper futures climbed to around $6.6 per pound on Wednesday, reaching fresh all-time highs on the back of stronger Chin…
13 May 2026
Oil prices snap 3-day rally ahead of Trump-Xi talks; Hormuz risks persist
Oil prices fell on Wednesday after climbing for three straight sessions, as traders weighed continued disruption to ship…
13 May 2026
HSBC raises 2026 Brent crude forecast to $95 on Hormuz closure
HSBC raised its 2026 average Brent price forecast to $95 per barrel last week, pointing to an extended effective closure…
13 May 2026
Behind Big Oil’s first-quarter beat: The quiet rise of trading desks
Oil and gas giants benefited significantly from their trading desks through the first quarter, shining a light on a comm…
13 May 2026
Oil inventories decline but miss forecast, signaling mixed demand
The American Petroleum Institute (API) has released its latest data on U.S. crude oil inventories, revealing a decline i…
13 May 2026
Japan PM says no immediate need for extra energy conservation amid Middle East conflict
Japanese Prime Minister Sanae Takaichi said May 11 that the country does not see any immediate need for additional energ…
13 May 2026
MMI Daily Iron Ore Index Report May 13 2026
Today, the DCE Iron ore futures fluctuated upward today, with the most-traded contract I2609 closing at 820 yuan/mt, up …
13 May 2026
European stocks open higher as Trump heads to China amid Iran stalemate
European stocks were on the front foot on Wednesday, with an impasse between the U.S. and Iran in focus as President Don…
13 May 2026
Norden expands owned fleet with handysize quartet
Danish owner and operator Norden has expanded its fleet by acquiring four handysize bulkers. The four acquired vessels w…
13 May 2026
Petronas charters five newbuild LNG carriers from MISC
Malaysia’s Petronas has signed a 20-year time charter agreement with compatriot MISC for five newbuild 174,000 cbm LNG c…
13 May 2026
Real Life Incident: Collision Of Container Ship and General Cargo Ship Leads To Sinking And Fatalities
A container ship collided with a small general cargo ship at night in clear weather under slight sea conditions, immedia…
13 May 2026
Real Life Incident: Collision and Sinking of Small Craft in Shipping Lane
An eight-metre pleasure craft was struck by a passing bulk carrier while anchored for the night in a shipping lane off t…
13 May 2026
Real Life Incident: Crew Saved but Ship Lost
A ship with new management and a new crew sailed in ballast. The new crew reportedly did not verify the status of the ba…
13 May 2026
Real Life Incident: Pin Holes Create Pathway To Fatal Reckoning
A bulk carrier loaded feed wheat into the vessel’s two holds. Once loading was complete, a specialised fumigation contra…
13 May 2026
Europe Swaps Russian Gas Dependence for U.S. LNG Reliance as Middle East Turmoil Tightens Squeeze
Europe’s rush to quit Russian pipeline gas has created a new energy vulnerability: growing dependence on U.S. liquefied …
13 May 2026
Maritime industry challenges: what the next decade holds
The maritime industry is the backbone of global trade, responsible for transporting nearly 90% of the world’s goods. Fro…
13 May 2026
Chinese Supertanker Attempts Hormuz Passage, Data Show
A Chinese supertanker carrying two million barrels of Iraqi crude was attempting to sail through the Strait of Hormuz on…
13 May 2026
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