With much in the news, I wish you good fixtures and safe travels. And now for the news before the headlines.
 
Two Capesize bulkers collided in the Singapore Strait after one vessel departed anchorage into the path of a transiting ship.

Container prices during the pandemicera freight boom of 2021–22 are back in focus as scrutiny grows around non reefer container manufacturing and pricing.

Baltic Dry Index declined for the fourth session, down 1.6% at 3,005 points.
 
The UK’s heavy reliance on imported jetfuel is coming under pressure as the Strait of Hormuz shutdown tightens global middle distillate supply.

AD Ports Group and Borouge are exploring a UAE East Coast petro chemical export hub as the Hormuz blockage forces Gulf producers to seek alternative export routes.
 
A prolonged closure of the Strait of Hormuz poses ‘the single greatest threat to global energy markets: Wood Mackenzie.

ZIM Integrated Shipping Services fell into the red in the first quarter of 2026.

Hellmann Worldwide Logistics reports a solid performance for 2025 despite geopolitical tensions, subdued global trade and pressure on logistics margins.

EU steel safeguards and CBAM are beginning to reshape heavy-lift and offshore cargo flows, potentially boosting regional fabrication and intra European project shipping.

Golar LNG posted soaring profits on stronger gas prices, while continuing its search to expand its floating LNG production footprint.

South Korea has selected Pan star Line for the country’s first trial container voyage via Russia’s Northern Sea Route, moving Arctic shipping into real-world testing.

Kansas’ 2026 hard red winter wheat crop is under heavy pressure, with drought freeze damage and mosaicvirus sharply cutting yield potential across the state.

HAROPA PORT is expanding its e-fuels ambitions, betting that on shore industry will become the first real demand engine for green hydrogen-based fuels.

Bernhard Schulte, will take delivery of its first LCO₂ carrier, christened Northern Purpose on 19 May.
 
Data from Boston Consulting Group (BCG) shows carrier appetite for greenfuels is weakening, as high alternative fuel costs continue to outweigh customer willingness to pay.

Scan Global Logistics and Hapag-Lloyd AG have partnered to cut sea freight emissions by more than 8,500MT through increased use of bio fuels.

Transoceanic Wind Transport – transport à la voile, established 2011 and entered judicial liquidation in April, is back in business as NEWTOWT.

Stillstrom by Maersk has won €5m in EU funding to pilot offshore vessel charging near Skagen, pushing shore-power concepts further out to anchorage.
 
China’s revised Maritime Code entered into force on 1 May 2026, reshaping liability cargo handling obligations and shipping claims linked to Chinese ports.

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