Industry
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news · July 1, 2026
This week's maritime briefing covers the UK ETS extension to shipping, a $1.27bn COSCO bulker order and Mediterranean port win, a new CEO at Ocean Network Express, and US action against cartel fuel smuggling.
technology · July 1, 2026
Norwegian contractor Aker Solutions secures a new European offshore wind HVDC substructure deal, while GomSpace signs a 24.4 MSEK contract to deliver additional CubeSats for maritime surveillance specialist Unseenlabs.
freight · July 1, 2026
Two major maritime stories dominate this briefing: a strategic warning over Chinese dominance in Europe's electric shortsea shipping infrastructure, and Diana Shipping's extended hostile tender offer for Genco Shipping & Trading.
safety · July 1, 2026
A container vessel has run aground in the Strait of Hormuz after reportedly transiting outside the shipping corridor designated by Iran, according to Iranian media reports cited by Seatrade Maritime.
ports · July 1, 2026
Maritime Global Network has completed updating all 2,773 port profiles in its global directory with current contact details, coordinates, and authority information.
freight · July 1, 2026
Agricultural chemicals specialist FMC Corporation has reached an agreement for a $400 million minority equity investment from Belgium-based Tessenderlo Group, enabling the company to meet its approximately $1 billion debt paydown target.
energy · July 1, 2026
Commonwealth Fusion Systems has become the first international partner in the UK Atomic Energy Authority's LIBRTI programme, signalling growing global collaboration in fusion energy technology with potential long-term implications for maritime power systems.
energy · July 1, 2026
The benchmark diesel price used to calculate most fuel surcharges has fallen for the eighth straight week, even as futures markets tell a different story relative to crude oil prices.
news · July 1, 2026
Global shipping markets face continued uncertainty as Iran escalates Hormuz rhetoric and the UN warns of lasting economic damage, while domestically Great Lakes Dredge & Dock marks a historic fleet milestone and U.S. retailers accelerate China orders ahead of tariff hikes.
energy · July 1, 2026
Shell has cautioned that shipping disruptions in the Strait of Hormuz stemming from the Iran conflict could stall global LNG trade growth through 2026, though the energy major expects the market to recover in 2027 and projects sharply rising demand by 2050.
energy · July 1, 2026
Shell Offshore Inc. has agreed to sell its 50% non-operated working interest in the Na Kika platform and associated fields in the Gulf of America to Talos Energy, marking a significant deepwater asset transfer between two major offshore operators.
environment · July 1, 2026
Consulting and technology firm ICF has been awarded a $14 million contract by the California Department of Transportation to accelerate statewide infrastructure projects and streamline environmental compliance services.
freight · July 1, 2026
A Florida court dismisses C.H. Robinson from a high-profile broker liability case, spot freight rates hit record highs ahead of the July 4th holiday, and industry leaders weigh in on AI's transformative — but measured — impact on supply chain employment.
freight · July 1, 2026
Coal mining giant Peabody has named Bryan Quinn as President of Global Operations, a leadership change with potential implications for seaborne thermal and metallurgical coal supply chains.
regulatory · July 1, 2026
A new consulting report challenges the national security rationale behind the Trump administration's Jones Act waiver, while a U.S. congressman calls for deployment of a Navy hospital ship to earthquake-stricken Venezuela.
technology · June 30, 2026
myMechanic's Dealer-Connect platform aims to streamline roadside repair workflows by replacing manual phone-based coordination with automated digital dispatch, offering potential efficiency gains for commercial fleet operators.
energy · June 30, 2026
Air Products has cancelled its Louisiana Clean Energy Complex project, taking a significant pre-tax charge, while finalising a renewable ammonia supply agreement with Yara from the NEOM Green Hydrogen Project in Saudi Arabia.
energy · June 30, 2026
Air Products has cancelled its Louisiana Clean Energy Complex project, taking a significant pre-tax charge, while finalising a renewable ammonia supply agreement with Yara linked to the NEOM Green Hydrogen Project in Saudi Arabia.
energy · June 30, 2026
Air Products has confirmed it will not proceed with the Louisiana Clean Energy Complex, taking a pre-tax charge in Q3, while finalising a renewable ammonia supply agreement with Yara tied to the NEOM Green Hydrogen Project in Saudi Arabia.
environment · June 30, 2026
Intelligence platform Sofar Ocean warns that a strengthening El Niño weather pattern could significantly disrupt global shipping operations this autumn, adding further complexity to an already challenging industry environment.