News: 2026-10-16 (16 October 2026)

Capital Maritime Finance Corp. has set the final offer price for its Greek public offering at €7.50 per share after investor demand exceeded €1 billion. The public offering closed on 15 October 2026 and covered 40...

Container News · 23:00 UTC

EUROGATE has secured an €82 million loan from KfW IPEX-Bank to develop and test automated container handling systems at its Wilhelmshaven terminal in Germany. The financing will support a pilot project focused on...

Container News · 21:04 UTC

The Xeneta Weekly Ocean Container Shipping Market Update provides data and intelligence including the latest freight rate and capacity movements across global trades with supporting insight from Emily Stausbøll, Xeneta...

Hellenic Shipping News · 21:00 UTC

Dirty tanker spot freight rates surged in September across all vessel classes, as trade dislocations, export inefficiencies and longer voyages kept tanker availability constrained, OPEC said in its latest monthly...

Hellenic Shipping News · 21:00 UTC

Schedule reliability has fallen to near record lows in recent months, while port congestion has built up. In this opinion piece, Drewry experts draw the main lessons from the operational problems of the 2026 peak season...

Hellenic Shipping News · 21:00 UTC

The English Court of Appeal’s recent decision in Batavia Eximp & Contracting (S) Pte Ltd v Pedregal Maritime SA [2026] EWCA Civ 1158 provides an important reminder of the distinction between obtaining security...

Hellenic Shipping News · 21:00 UTC

Global container shipping companies are increasing rates along some trade lanes, adding stops to existing services to the Americas, and improving transit times between India and the US East Coast via gradual returns to...

Hellenic Shipping News · 21:00 UTC

The dry freight retreat gathered pace this week, bringing awaited relief for recycling buyers without yet producing the ships they need. The Baltic Dry Index recorded a steep weekly fall, led by Capesizes, while...

Hellenic Shipping News · 21:00 UTC

Bunkering activity came in many flavours this week, with biofuels, LNG, LBM, methanol, ethanol and ammonia featuring across several major ports – and sometimes with multiple fuels at the same port. China’s...

Hellenic Shipping News · 21:00 UTC

VLCC sentiment has softened over the course of the week. Owners began broadly positive, with several records only recently   Source: Affinity Research LLP

Hellenic Shipping News · 21:00 UTC

The Capesize “Golden Myrtalia” 178/2011 SWS, China (SS/DD 10/2026) was committed to Norwegian interests at USD 40 mill   Source: Advanced Shipping & Trading S.A.  

Hellenic Shipping News · 21:00 UTC

A port call is a stop a vessel makes along its route to load or unload cargo, take on supplies or let passengers go ashore. For a port authority it is a berth booking. For a ship agent it is a service opportunity. For a...

Hellenic Shipping News · 21:00 UTC

Brent crude’s price has remained elevated as more oil tankers and commercial vessels have come under attack while attempting to transit the Strait of Hormuz. A containership came under attack within the Strait of Hormuz...

Hellenic Shipping News · 21:00 UTC

The Indian ship recycling market has strengthened over the past week, supported by an appreciation of the Indian rupee   Source: Best Oasis Limited

Hellenic Shipping News · 21:00 UTC

India on Thursday (local time) strongly condemned attacks on maritime navigation and commercial shipping amid the wider escalating conflict in West Asia, reiterating that such strikes are “legally and morally...

Hellenic Shipping News · 21:00 UTC

Total throughput in the port of Rotterdam rose by 0.9% in the first nine months of 2026 compared to the same period last year. This brought total throughput to 323.2 million tonnes. The rise in throughput was primarily...

Hellenic Shipping News · 21:00 UTC

The market is unchanged firm and rates moving sideway in most of the segments. Political crisis still pushing interest up for   Source: Verband Hamburger und Bremer Schiffsmakler e.V

Hellenic Shipping News · 21:00 UTC

Weathernews Inc. and HD Hyundai Marine Solution Co., Ltd. have signed a three-year contract with H-Line Shipping, a major South Korean shipping company, to deploy their jointly developed route optimization solution,...

Hellenic Shipping News · 21:00 UTC

HD Hyundai Vietnam Shipbuilding, which accounts for about 70% of Vietnam’s total ship orders, is further solidifying its status as a global production base as it marks its 30th anniversary. Since opening in 1996 as the...

Hellenic Shipping News · 21:00 UTC

AVS Global Ship Supply has developed AVS +, a digital platform designed to give ship managers greater visibility and control over vessel procurement by bringing ordering, expenditure, inventory and operational records...

Hellenic Shipping News · 21:00 UTC

French shipowner LD Armateurs has completed the installation of six towering rotor sails aboard Spirit of Toulouse, a new roll-on/roll-off vessel being built to transport aircraft components for Airbus across...

gCaptain · 20:52 UTC

Boluda Towage has inaugurated its new headquarters at Noorderplaats in Antwerp, strengthening its operational base in Belgium and the wider Scheldt region. The facility includes modern office space and a dedicated...

Container News · 20:00 UTC

Evos raised $9 million in pre-seed funding to develop AI operators that learn employees' workflows and perform tasks within existing business software. One freight brokerage has used the technology to make nearly 3,500...

FreightWaves · 19:55 UTC

Job boards show Tesla recruiting for Semi assembly, quality and service roles in Sparks as WattEV, IMC and the ZET SCALE alliance line up electric Class 8 orders. The post Tesla staffs up Nevada Semi plant as fleet...

FreightWaves · 19:52 UTC

Georgia trucker Shawn Gresham has launched a free platform combining parking locations, roadside repair listings, diesel prices and driver resources. The post Veteran trucker launches free parking, fuel-price platform...

FreightWaves · 19:50 UTC

Louisiana staged accident mastermind Danny Keating got 32 months in jail. The post Louisiana attorney, staged accident scammer, finally sentenced appeared first on FreightWaves .

FreightWaves · 19:26 UTC

Conflicting traffic figures and competing claims of control are making it increasingly difficult to establish what’s happening in the Strait of Hormuz, even as attacks on merchant shipping intensify. The...

gCaptain · 18:53 UTC

PRESS RELEASE Preliminary results: DHL Group raises full-year 2026 earnings guidance 10/16/2026, 06:19 PM CEST Reported Group EBIT is now expected to exceed EUR 7.0 billion (previously: more than EUR 6.5 billion). Bonn...

The Loadstar · 17:53 UTC

Operation Icebreaker exposed a drug trafficking network that moved cocaine from California through unsuspecting trucking companies. Authorities seized more than 45 kilograms of cocaine, while a suspected supplier...

FreightWaves · 17:43 UTC

Deal adds four modern crude tankers as International Seaways reports sharply higher spot earnings entering the fourth quarter. International Seaways has agreed to acquire Oslo-listed Bruton Limited in a deal...

gCaptain · 17:22 UTC

ATRI named a new head to replace retiring Rebecca Brewster. The post ATRI gets a new head: TeamOne’s Siplon appeared first on FreightWaves .

FreightWaves · 17:10 UTC

The ports of Los Angeles and Long Beach both set all-time monthly cargo records in September, handling a combined 2.04 million twenty-foot equivalent units (TEUs) as strong imports and shifting...

gCaptain · 17:07 UTC

The Houthi attacks on Saudi Arabia are demonstrating the limits of the kingdom’s military prowess - despite defense spending that far outstrips that of its regional neighbors.

gCaptain · 17:01 UTC

The cost ?of shipping oil on the largest tankers fell this week from record highs as demand eased following a wave of attacks on vessels in the Middle East and as the US considered easing sanctions on the so-called...

gCaptain · 16:36 UTC

Carrier Logistics and LSP44 have launched an API that uses shipment details such as company names, delivery locations and approximate dates to identify LTL freight when a valid tracking number is missing or incorrect....

FreightWaves · 16:08 UTC

Three senior House Republicans are calling on the Department of Homeland Security to revoke special inspection privileges granted to vessels operated by Chinese state-owned shipping giant COSCO, citing allegations...

gCaptain · 15:58 UTC

The International Energy Agency (IEA) has agreed to accelerate the release of approximately 100 million barrels of emergency oil stocks, including more than 20 million barrels of diesel, as the...

gCaptain · 15:50 UTC

UPS has opened a larger air cargo and package terminal in the Philippines to better connect Asia with its global network. The post Larger UPS air hub in Philippines boosts Asia service levels appeared first on...

FreightWaves · 14:52 UTC

Container ships are being increasingly targeted in the Strait of Hormuz, with one Singapore-flagged vessel sinking after a strike. The post Container ship attacks escalate in Strait of Hormuz appeared first on...

FreightWaves · 14:51 UTC

Intermodal volumes continued to set a strong pace in the latest U.S. rail traffic data. The post Intermodal rail better by 10% in latest count appeared first on FreightWaves .

FreightWaves · 14:31 UTC

The Port of Long Beach set an all-time monthly cargo record in September as shipper managed soaring diesel costs. The post New Long Beach record as volume nears 1M containers appeared first on FreightWaves .

FreightWaves · 13:09 UTC

ZIM will suspend its ZIM Gulf Toucan (ZGT) service connecting the US Gulf with the East Coast of South America, as reported by DynaLiners. The final southbound voyage will be operated by Loncomilla 036/S, departing...

Container News · 13:00 UTC

DHL Group plans to make big logistics investments in Central and Eastern Europe. The post DHL earmarks $450M for Eastern Europe logistics expansion appeared first on FreightWaves .

FreightWaves · 12:39 UTC

Three months of declining container freight spot rates on the Asia-Europe trades were brought to an end this week when pricing reversed ahead of new FAK price hikes this month. This week’s World Container Index (WCI)...

The Loadstar · 12:28 UTC

J.B. Hunt Transport Services’ third quarter displayed growth pains and other cost pressures, but management said this was likely a speed bump on the road to recovery. The post J.B. Hunt experiences growing pains in Q3...

FreightWaves · 12:20 UTC

Iran has managed to export some liquefied petroleum gas and jet fuel since July, despite a US naval blockade, shipping intelligence showed and people involved in security said.

gCaptain · 12:10 UTC

Accelerating crude exports through the Strait of Hormuz aren’t translating into higher production of a dirty shipping fuel, according to a top Vitol Group executive, tightening supplies and sending prices soaring.

gCaptain · 12:07 UTC

Iraq’s national maritime carrier, Iraqi Line, is resuming commercial shipping operations in the Gulf following a suspension of more than 50 years. The first sailing to depart from Jebel Ali Port in the United Arab...

Container News · 12:00 UTC

DHL Express has committed €300m in investment across Africa through to 2030, as the logistics group urges UK businesses to diversify supply chains and pursue opportunities in an area expected to become a major global...

The Loadstar · 11:33 UTC

South Korean container shipping company HMM has approved a KRW 2.168 trillion (approximately US$1.62 billion) investment programme covering 12 containerships, as part of its efforts to strengthen its fleet and improve...

Container News · 11:21 UTC

Freight forwarders must tackle unbilled charges, manual rework, and unreliable data before expecting AI to protect their margins, according to Metro Shipping and Portcast. Speaking on The Loadstar Podcast, Ian Powell,...

The Loadstar · 11:19 UTC

Shipping lines claim they are bearing the cost of investments in alternative fuels and lower-emission vessels, as shippers and their freight forwarders remain reluctant to pay more for greener shipping. That is...

The Loadstar · 11:15 UTC

Growth alone is not the objective, JB Hunt (JBHT) CEO Shelley Simpson told investors during the Q3 call that took place yesterday after the US market close. Instead: “Sustainable growth – that creates long-term...

The Loadstar · 11:10 UTC

China P&I’s bid to join the International Group of P&I Clubs extends Beijing’s maritime strategy from hulls and harbours into the insurance layer that has become the West’s most effective lever...

Container News · 11:00 UTC

A jury awarded $9.4 million to a medical supply distributor after finding a logistics provider and its managing member liable for fraud involving COVID medical glove purchases. The post Jury hits Wyoming logistics...

FreightWaves · 11:00 UTC

Container lines, sensing a gradual slowdown in Indian westbound volumes, are revisiting their surcharges and penalties, indicating a hot market may be turning decidedly cooler. The liners had been increasingly rolling...

The Loadstar · 10:45 UTC

The SMAP mechanism introduced under the ETS represents an opportunity to help the maritime sector to transition towards clean fuels and propulsion technologies, and strengthen Europe’s industrial leadership. With an...

Hellenic Shipping News · 10:00 UTC

BIMCO’s Dry Bulk Cargo Network discussed three persistent safety challenges at its latest meeting: fire risks from contaminated scrap metal cargoes, the shift of fumigation duties from specialists to ships’ crews, and...

Hellenic Shipping News · 10:00 UTC

Hong Kong is preparing to host the 10th-anniversary edition of Hong Kong Maritime Week (HKMW 2026), taking place from November 15 to 21. This year’s programme will bring together maritime professionals from around the...

Hellenic Shipping News · 10:00 UTC

DP World and Thames Freeport have completed a new £13 million training and innovation centre at London Gateway in the United Kingdom. The facility, known as The Hive, is located within London Gateway Logistics Park. It...

Container News · 10:00 UTC