Aug 30, 2026 — DP World has delivered three new mobile harbour cranes to Syria’s Port of Tartous, an early milestone in its $800 million, 30-year concession to modernize the facility.
Aug 30, 2026 — COSCO Shipping Energy has ordered four new LNG carriers from China’s Jiangnan Shipyard in a deal worth more than $900 million, expanding its gas-carrying fleet.
Aug 30, 2026 — A passenger catamaran ferry carrying 267 people capsized in seas north of Cyprus, near Kyrenia, with at least eight confirmed dead and 17 still missing.
Aug 30, 2026 — South Korean shipper SK Gas paid a record $5.3 million in a Panama Canal Authority auction to secure a September 1 transit slot for its LPG tanker G. Spirit, breaking a record set just two weeks earlier.
Aug 30, 2026 — The Dominican Republic-flagged merchant vessel Progress IV caught fire and sank in Romania’s exclusive economic zone, with President Nicusor Dan saying the ship was likely hit.
Aug 30, 2026 — A Greek-owned LR2 tanker managed by Metrostar Management was hit by an unidentified projectile off the coast of Oman, disabling its engine room near the strategic Strait of Hormuz.
Aug 29, 2026 — Shanghai-to-New York spot rates rose 10% to $8,706 per 40ft box this week, even as Asia-Europe rates ease and Drewry’s overall index slips 1%.
Aug 26, 2026 — With freight rates rising and Cape of Good Hope diversions straining capacity, some ocean carriers are reportedly betting they can safely return to Red Sea routes.
Aug 26, 2026 — Congestion in China, Asia, and Europe has stranded more container capacity than ever recorded, squeezing vessel availability and pushing freight rates up.
