Two Chinese container ships reversed course after attempting to exit the Gulf via the Strait of Hormuz on Friday, according to ship-tracking data, even after Iran said Chinese vessels could pass through the waterway. The vessels, CSCL Indian Ocean and CSCL Arctic...

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The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was up for a third session on Friday, rising about 0.8% to 2,031 points. The capesize index, which typically transport 150,000-ton cargoes including iron ore...

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A record high number of LR2s are now trading in the dirty market. While this shift first began to emerge in October 2025, the recent conflict has clearly accelerated the trend, with LR2 increasingly deployed into dirty trades as the market shows better economics. The...

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EcoNavis Solutions has completed retrofit installation of its Eco Boss Cap to a second vessel operated by Thailand-based Kaizen Ship Management. The successful installation marks the first repeat order for the energy-saving propeller technology since market...

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Leading AI-powered data collection and analysis platform, Kaiko Systems, is warning that unreliable operational data is emerging as a major commercial risk in shipping, particularly for smaller fleet operators. Issues such as unsynchronised reports, missing...

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Chinese shipping giant COSCO Shipping’s container liner unit ‌ began restoring services to key Middle East routes after Iran signaled that non-hostile vessel could transit the Strait of Hormuz under certain conditions. COSCO Shipping Lines said on Tuesday that it...

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