Baltic Dry Bulk Index Stumbles to Lowest Mark in a Month
The Baltic Exchange's dry bulk freight index fell on Wednesday to its lowest level since July 1, as lower Capesize and supramax rates overshadowed gains in the Panamax segment.
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Port and River Tyne to Close to Clear Damaged Containership and Crane
The Port of Tyne, along with a section of the River Tyne, will be closed for nine hours on Thursday, July 30, as the recovery operation continues from the allision in the port on July 19.
CMA CGM Reports Q2 Profit Jump Amid Ongoing Middle East Tensions
CMA CGM has published its financial results for the second quarter of 2026.CMA CGM said it achieved strong results driven by the group’s agility in a volatile environment marked by geopolitical tensions, particularly in the Middle East.The company reported strong…
Oil’s Calm Is Over as Middle East Risks Return
Renewed military exchanges between the United States and Iran have reignited the Middle East risk premium in oil markets, driving ICE Brent above US$76 per barrel this week after a gain of around US$4 per barrel.
Canada Unveils New Pipeline to Cut Reliance on U.S. Oil Routes
The governments of Canada and Alberta have jointly proposed a new domestic oil pipeline intended to link the country's western and eastern regions, reducing Canada's dependence on United States infrastructure for moving its crude.
Oil Shock Could Turn Super El Niño Into an Inflation Problem Again
The world isn't just staring down another weather event. It's staring down a weather event colliding with a supply-driven oil shock. JPMorgan warned Friday that a "super" El Niño combined with higher energy prices from the Middle East conflict could…