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FreightWaves 57m ago

Diesel Prices: It’s a Refining Crisis, Not Crude

Diesel prices are still above $5, and Aaron Decker says the real problem is refining capacity — not crude oil. In this FreightWaves Today interview, Decker breaks down crack spreads, refinery outages, low distillate inventories and how the Russia-Ukraine conflict is still hitting

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FreightWaves 59m ago

Autonomous Trucks Are Here: Einride’s 27% Revenue Jump

Autonomous trucking is moving from pilot talk to real freight ops. Einride CEO Roozbeh Charli breaks down 27% revenue growth, a 60% jump in driverless hours, the Amazon middle-mile rollout, and the plan for 500 Tesla Semis on its platform. The conversation gets into what matters

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FreightWaves 1h ago

Reefer Rejections Stay Hot as Intermodal Wins 33%

Reefer tender rejections are still running hot while van and flatbed cool off. The big swing factor: intermodal savings are now around 33%, pulling more freight off the road while refrigerated freight stays less flexible. In this SONAR Daily Update, FreightWaves breaks down reefe

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FreightWaves 1h ago

AI for Supply Chain Needs 3 Things: Goods, Data, Money

AI agents will be commoditized in months. In supply chain, the real moat is the data foundation underneath them. Valentina Jordan, CEO and co-founder of Nauta, breaks down why global trade AI only works when movement of goods, data and money are connected. She explains the ‘opera

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FreightWaves 1h ago

One man paints challenging outlook for brokers’ insurance

A new report quoting one insurance executive has startling observations about broker insurance. The post One man paints challenging outlook for brokers’ insurance appeared first on FreightWaves.

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Hellenic Shipping News 2h ago

Ship Recycling Market Gaining Positive Traction

The ship recycling has retained its upward momentum over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the Indian market remains positive, with buyers continuing to show interest for available recycling tonna

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Hellenic Shipping News 2h ago

Indonesia, Malaysia, Singapore reaffirm open Malacca-Singapore straits amid risks

Indonesia, Malaysia, and Singapore reaffirmed their commitment to ensuring the straits of Malacca and Singapore remain free, open and secure for international shipping, as disruptions in the Strait of Hormuz have intensified attention on global maritime chokepoints. The three lit

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Hellenic Shipping News 2h ago

Export disruptions increasingly hurting tanker demand

“Tanker markets are facing mounting pressure as export disruptions continue to reduce seaborne volumes, while declining oil and product stocks increase the risk of higher oil prices, weaker economic growth and lower tanker demand,” says Niels Rasmussen, Chief Shipping Analyst at

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Hellenic Shipping News 2h ago

Baltic Dry Index Extends Rally to Fifth Session

The Baltic Exchange’s dry bulk sea freight index rose 4.4% to 3,056 on Wednesday, marking a fifth consecutive session of gains and reaching its highest level since August 10. The index tracks rates for capesize, panamax and supramax vessels. Capesize rates led the advance, with t

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Hellenic Shipping News 2h ago

Hormuz shipping traffic sits below 10-day average amid fresh diplomacy hopes

Shipping traffic through the Strait of Hormuz sits near historic lows, even as diplomatic efforts to halt hostilities in the Middle East make progress, media reports said on Wednesday. According to preliminary Kpler data cited by Al Jazeera and CNBC, just five commercial tankers

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Hellenic Shipping News 2h ago

Fearnleys Week 35 2026

No material change in the VLCC market, still strong by any measure. However, there are signs which could suggest it’s levelling Source: Fearnleys A.S

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Hellenic Shipping News 2h ago

Iran says the U.S. is standing in the way of Hormuz deal amid talks with Oma

The U.S. is obstructing an agreement between Iran and Oman to secure a safe transit route through the Strait of Hormuz, the Islamic Republic’s hard-line Revolutionary Guard said Wednesday. Iran and Oman have already reached an agreement on their respective shares of the vital eco

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Hellenic Shipping News 2h ago

ENGINE Europe & Africa Fuel Availability Outlook

Northwest Europe The ARA has seen low demand of late. Fuel availability in the bunkering hub is tight for prompt supplies, with buyers advised lead times of around 5-7 days to get good coverage, a trader told ENGINE. The ARA’s independently held fuel oil stocks have averaged 9% h

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Hellenic Shipping News 2h ago

BASSnet Neo – Launching a Unified, Fully Managed Maritime SaaS Solution

BASS Software has released a new version of BASSnet Neo, extending its next-generation maritime ERP solution into a fully integrated cloud-native SaaS suite. With this release, BASSnet Neo unifies Maintenance, Procurement, Materials, Projects (Dry Docking), Document Management, a

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Hellenic Shipping News 2h ago

Japan’s push to stage shipbuilding comeback may have Korea checking its stern

Korean shipbuilders may sofon face a second competitor in the LNG carrier market they lead. A major Japanese shipbuilder is considering a large new dock capable of building liquefied natural gas (LNG) carriers as Tokyo pushes to revive an industry Japan dominated until the 1990s.

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Hellenic Shipping News 2h ago

EXMAR: Half-year Results 2026 Showing Resilience Despite Geopolitical Uncertainty

During its meeting of August 25, 2026, the Board of Directors of EXMAR (“EXMAR” or “the Company”) reviewed and approved the interim accounts for the period ending June 30, 2026. The interim condensed consolidated financial statements have not been subjected to an audit or a revie

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Hellenic Shipping News 2h ago

Saudi Aramco offers more oil outside Strait of Hormuz – report

Saudi Aramco has increased oil offerings for September loading outside the Strait of Hormuz, according to a Reuters report early Wednesday citing people familiar with the matter. The move follows the sale of at least 4 million barrels to China this month. The state oil producer h

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Hellenic Shipping News 2h ago

Höegh Autoliners orders six additional Aurora class vessels

Höegh Autoliners ASA is pleased to announce that it has decided to order additional six new dual-fuel LNG and zero-carbon-ready Aurora class vessels for delivery in 2029–2031. This decision will extend Höegh Autoliners’ Aurora class newbuilding program to a total of eighteen vess

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Hellenic Shipping News 2h ago

K Shipbuilding wins 510 billion-won PC tanker orders from Europe, Middle East

K Shipbuilding Co., Ltd. said on the 26th it won orders for six medium-sized petrochemical product carriers (PCs) worth about 510 billion won from shipowners in Europe and the Middle East. The contracted vessels are two 50,000-ton petrochemical product carriers (MR tankers) and f

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Hellenic Shipping News 2h ago

Grain exports stall as Ukraine steps up attacks on Russia

When Russian President Vladimir Putin spoke in 2014 about Russia’s motives for annexing the Ukrainian peninsula of Crimea, and thus violating international law, he justified it by saying: “We could not allow NATO forces to eventually come to the land of Crimea and Sevastopol, the

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FreightWaves 4h ago

Freight Market Talk: Pawan Joshi of E2open

Supply chain strategy and freight market risk with Pawan Joshi of E2open. In this FreightWaves Today interview, Joshi breaks down what logistics operators need to watch and how supply chain leaders are thinking through volatility, planning and execution. If you run transportation

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The Northern Miner 4h ago

Mining stocks to soar and ‘blow your head off’: OIiver

Michael Oliver, founder of North Carolina-based Momentum Structural Analysis and a veteran market analyst, argues that the current gold and silver rally is the beginning of substantial moves higher for... The post Mining stocks to soar and ‘blow your head off’: OIiver appeared fi

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FreightWaves 4h ago

Norfolk Southern, Wabtec set locomotive upgrades to AC power

Norfolk Southern and Wabtec to modernize propulsion systems for dozens of older locomotives. The post Norfolk Southern, Wabtec set locomotive upgrades to AC power appeared first on FreightWaves.

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The Northern Miner 6h ago

Tungsten West scores $97M UK investment

The company announced it will restart tungsten and tin productions at Hemerdon by this year’s third quarter. The post Tungsten West scores $97M UK investment appeared first on The Northern Miner.

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Hellenic Shipping News 6h ago

Bidding Announcement of PSV “Bourbon Explorer 504” with Bareboat Charter

Entrusted by the Seller, our company (the “Bidding Company “) is scheduled to conduct an online public auction on the Shipbid website (www.shipbid.net) from 16:00 to 16:30 on September 29th, 2026 (“Auction Day”), which is hereby announced as follows: 1. Auction Target: This Aucti

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Hellenic Shipping News 6h ago

US Consumer Spending Eases Less Than Expected

US personal spending increased by $36.3 billion, or 0.2%, in July 2026 from the previous month, slowing from a 0.3% gain in June but exceeding expectations for a 0.1% increase, as an increase in services spending was partially offset by a decline in spending of most goods. Goods

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Hellenic Shipping News 6h ago

ABS Joins Hanwha Shipping for Naming Ceremony of First VLCC in New Fleet

ABS joined Hanwha Shipping for the naming ceremony of the ELANDRA K2, a 320,000-dwt very large crude carrier (VLCC) built to ABS Class at Hanwha Ocean’s Okpo Shipyard. The vessel is the first in Hanwha Shipping’s fleet. Catherine Sagar, spouse of James Sagar, CEO of Hanwha Shippi

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Hellenic Shipping News 6h ago

ECB set to raise rates in September amid Iran war concerns

European Central Bank policymakers plan to increase interest rates at their September meeting to address economic pressures from the Iran war, according to a Reuters News report. The ECB lifted borrowing costs in June for the first time in nearly three years to prevent war-relate

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Hellenic Shipping News 6h ago

Höegh Autoliners ASA – Successfully Completed Private Placement

Reference is made to the stock exchange announcement by Höegh Autoliners ASA (the “Company”) published on 25 August 2026 regarding a contemplated private placement of new shares in the Company through an accelerated bookbuilding process (the “Private Placement”). The Company is p

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Hellenic Shipping News 6h ago

Fed may need to raise rates soon without inflation decline, Collins says

The Federal Reserve may need to raise interest rates soon if upcoming data does not show a continued decline in inflation, Boston Fed President Susan Collins said Tuesday. Collins said in comments posted to the Boston Fed website that the current Fed policy rate will continue to

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Hellenic Shipping News 6h ago

Cadmatic strengthens presence in US shipbuilding market

Leading marine design software company Cadmatic is expanding its US presence by hiring more local specialists to serve its rapidly growing customer base in the key US shipbuilding market. The investments reflect Cadmatic’s confidence in the growth potential of US shipbuilding. Wi

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