Cargo News

"Geopolitical disruptions continue to cloud the dry bulk market outlook. The effective closure of the Strait of Hormuz remains the largest source of uncertainty, while attacks on ships and port infrastructure in the Black Sea have added another layer of risk,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.Typically, around 4% of dry bulk demand sails via the Strait of Hormuz. Alternative routes have softened the impact of the disruption but have been unable to replace pre-war volumes.

Global commodity prices are set to surge 23% in 2026, the World Bank said on Wednesday, citing rising energy prices and disruptions to cargo shipping during the Middle East war, grain shipment problems in the Black Sea and high demand for safe-haven assets such as gold.Oil, natural gas, food and metals prices all rose sharply this year as global shocks mounted, the World Bank said in its latest Commodity Markets Outlook. It said the situation could worsen if the conflict in the…

Seven Japanese companies have agreed to develop an integrated ammonia fuel supply chain and build four ammonia-fueled car carriers, establishing a commercial bunkering operation in Japan's Chubu region to support the vessels when they enter service in 2030.The agreement brings together shipowners NYK Line and Kawasaki Kisen Kaisha (“K” LINE), shipbuilders Imabari Shipbuilding, Shin Kurushima Dockyard, Nihon Shipyard and Kyokuyo Shipyard, as well as energy company JERA.The project encompasses green ammonia procurement…

The St. Louis Metro Port system remains the nation’s most efficient inland port system, according to the latest U.S. Army Corps of Engineers data, ranking first in cargo tonnage per river mile and fourth in total tonnage among seven major inland port districts.In 2024, the 70-mile port system handled 24.8 million tons of cargo, averaging 354,286 tons per river mile. That figure was more than double the efficiency of each of the three higher-volume inland port districts.“Maintaining…

"During the first nine months of 2026, clean product volumes loaded on LR2 tankers fell 28% year-on-year following disruptions in the Strait of Hormuz. Despite the lower volumes, tonne-mile demand increased 2% year-on-year,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.LR2 product tankers loaded on average 2.1 million barrels per day (mbpd) of clean products during the first three quarters of 2026, 0.8 mbpd less than in the same period of 2025. In 2025, more than 40% of clean product volumes carried by LR2s were loaded in the Persian Gulf, equivalent to 1.2 mbpd.

CMA CGM and logistics group DSV have signed an agreement targeting a reduction of 12,000 tonnes of CO2 emissions over two years through the use of lower-carbon marine fuels.Under the agreement, DSV will use CMA CGM’s ACT+ low-carbon shipping solution, with the targeted emissions reductions achieved through second-generation UCOME-based biofuels.CMA CGM said ACT+ can reduce CO2 emissions by up to 83% compared with conventional shipping fuel through the use of lower-carbon fuels, including biofuels and BioLNG.

Liberty Global Logistics (LGL) and Hyundai Glovis signed an Memorandum of Understanding (MoU) to evaluate the feasibility of developing and operating a small modular reactor (SMR)-powered Pure Car and Truck Carrier (PCTC), initially targeting service between the United States and South Korea.The MoU moves the nuclear-powered ship project beyond conceptual design toward examining the regulatory, infrastructure, technical and commercial hurdles required for actual operation. LGL will evaluate the U.S.

Ongoing fleet renewal by niche player Cool Carriers indicates continuing competitiveness at scale of the specialized, pallet-optimized reefership.Not so long ago, it seemed that the unrelenting march of containerization and ever-widening influence of the powerful ocean container line entities would finally usurp the conventional, breakbulk refrigerated cargo vessel. However, Limassol, Cyprus-headquartered Cool Carriers, the largest operator in the sector, displays remarkable resilience…

Marsa Maroc has selected a Liebherr LPS 550 portal slewing crane for bulk cargo operations at the Port of Casablanca, marking the first deployment of Liebherr's LPS crane series in Africa.The rail-mounted crane, which is set to enter service at the Moroccan port, features an electric drive and a 48-metre boom. Its portal design allows cargo operations while preserving space along the quay.The order expands Marsa Maroc's fleet of Liebherr equipment following the delivery of three…

Qatar Gas Transport Company Limited (Nakilat) celebrated the naming of the latest LPG/Ammonia carrier to join its fleet during a special ceremony held at the HD Hyundai Samho shipyard in Yeongam, South Korea.Energy North is set to enter service on the second of October 2026, is the first under Nakilat's program to build six new vessels at the HD Hyundai Samho shipyard, comprising two LNG carriers and four LPG/ammonia carriers.Mr. Abdullah Al Sulaiti, the Chief Executive Officer of Nakilat…

"During the first three quarters of 2026, US dry bulk shipments to China have grown 104% y/y, driven by a 176% y/y increase in the shipment of grains. Volumes between the two countries weakened in 2025 amid rising trade tensions and higher tariffs. However, an agreement reached in November 2025 lowered tariffs on US grains and set import targets for US soya beans, allowing shipments to partly recover in 2026,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.US coal and petcoke shipments to China have also strengthened so far this year, with coal up 44% y/y and petcoke up 33% y/y.

American Roll-On/Roll-Off Carrier Group Inc. (ARC Group) has added ARC Freedom to its U.S.-flagged fleet.ARC Freedom (IMO 9505041) is a Large Car and Truck Carrier (LCTC) designed to transport automobiles, trucks, heavy equipment and other rolling and project cargo. The vessel will operate as part of the Maritime Security Program (MSP), providing commercially active U.S.-flag capacity that can be made available to support Department of War requirements.“Freedom has always been inseparable from America’s identity,” said Eric Ebeling, President and CEO of ARC.

"Disruptions and strong growth in head-haul trades continue to support the container shipping market in 2026, but accelerating fleet growth could weaken the supply/demand balance in 2027,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.BIMCO continues to forecast two scenarios. The “SoH Closed” scenario assumes that the Strait of Hormuz remains effectively closed throughout 2026 and 2027, while the “SoH Open” scenario assumes normal transit conditions throughout 2027. In both scenarios…

"Caribbean Basin have year-to-date increased by 234 million barrels year-on-year according to data from Signal Ocean. This is equal to an additional 880k barrels per day, and a 45% jump compared to 2025,“ says Niels Rasmussen, Chief Shipping Analyst at BIMCO.Adjusting for an increase in barrels transhipped via the Bahamas, we estimate that exports from the Caribbean Basin so far have added 210 million new crude oil and heavy product barrels. The increase equals 790k barrels per day.

NYK Line, with Japan Marine United Corporation, Nihon Shipyard Co., Ltd., Mitsubishi Gas Chemical Company, Inc., and Kokuka Sangyo Co., Ltd., completed the world’s first ship-to-ship (STS) ammonia bunkering operation to an ammonia-fueled vessel on September 17. At a quay within Japan Marine United Corporation’s Ariake Shipyard, ammonia fuel was transferred from the ammonia carrier Shoei Maru via the STS method to an ammonia-fueled medium gas carrier (AFMGC) scheduled for delivery in November 2026.

"Since the start of July, Panama Canal bulker transits have fallen 22% y/y. Bulkers have faced increased competition for transit slots from other sectors, especially tankers, as the US has boosted energy exports to Asia. El Niño is also expected to lead to lower water levels, which mean transit restrictions and thus heightened competition for available capacity,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.The canal is commonly used on trade routes between the east and west coasts of the Americas, as well as some routes between the Americas and East Asia or Europe.

On September 1, Brittany Ferries stopped transporting live farm animals including unweaned calves.The move marks another milestone in a campaign by NGOs to end long-distance live transport and ensure animal welfare legislation is effectively enforced. It has been led by a partnership of animal welfare protection groups including: Ethical Farming Ireland, Compassion in World Farming, Eurogroup for Animals, Eyes on Animals, FOUR PAWS, L214, Southampton Animal Action and Welfarm.The…

From Canada to Argentina, oil producers across the Americas have enjoyed a windfall during the Iran war by capturing market share lost by Middle Eastern exporters. The renewed focus on energy security globally could transform this emergency response into a lasting structural change.Oil production in the Americas has become a viable alternative to the Middle East's vast hydrocarbon resources since the outbreak of the Iran war and the closure of the Strait of Hormuz six months ago, which disrupted roughly a fifth of global oil supplies.

Cheniere Energy, Inc. has announced the achievement of two significant milestones: the substantial completion of the Corpus Christi Liquefaction Stage 3 Project (CCL Stage 3) in Texas, and the production and export of its 5,000th cargo of LNG from its U.S. Gulf Coast operations. Cheniere has reached the 5,000th cargo milestone faster than any other LNG producer worldwide.CCL Stage 3 achieved substantial completion on August 28, when Bechtel Energy, Cheniere’s engineering, procurement and construction contractor…

Venezuela's dilapidated oil port terminals are imposing a de facto export cap on the country's resurgent crude production, with tankers having to wait up to 30 days to load because of ageing infrastructure, power outages and quality issues, according to shipping data, sources and documents.The delays are putting roadblocks on a U.S. plan to quickly boost Venezuela's oil exports following a flagship pact with global trading houses. The fight for infrastructure looks likely to intensify…

Seven commodity ships sailed along the Strait of Hormuz on Thursday, just half the previous day's tally, showed data from shiptracker Kpler, amid concern over risk to Middle East shipping as U.S.-Iran peace talks remain in limbo.Of the total, four ships entered and three exited the waterway, which was used by nearly a fifth of global shipments of crude oil and liquefied natural gas before war began in February.The seven did not include any very large crude carriers or liquefied natural gas tankers.However, one very large gas carrier - carrying propane and butane - did transit out of Hormuz via

Trade activity across the Houston Ship Channel region remained strong, while Port Houston gained momentum with increases in imports, empties and a modest decline in exports.“Our region remains resilient through evolving global trade conditions. Vessel activity in the nation’s busiest waterway is up, and we continue to see steady cargo movement that helps power industries like energy, manufacturing and retail, crucial to our national economy,” said Charlie Jenkins, CEO of Port Houston.Key takeaways:The Houston Ship Channel region’s total trade by tonnage increased 16% year to date through June…

Over the last five weeks (week 29-33) global grain shipments have fallen 8% y/y, fuelled by a 26% y/y drop in grain exports from the Black Sea as Russian and Ukrainian attacks on ships and port infrastructure have intensified.“A recent proposal by Ukraine to halt attacks on shipping in the Black Sea has been rejected by Russia, reducing hopes for a near-term recovery in exports. In addition, weaker maize shipments from Brazil due to delayed harvest have weighed on global grain volumes…