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Affinity Tanker Weekly, 6 November 2026
VLCCs have softened throughout the week as limited enquiry and increasingly competitive Suezmax alternatives have tempered owners’ Source: Affinity Research LLP
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Hapag-Lloyd extends Pakistan reefer PSS across Arabian Gulf
Hapag-Lloyd will apply a Peak Season Surcharge to refrigerated containers moving from Pakistan to selected destinations across the Arabian Gulf. The surcharge will cover sailings from Karachi and Port Qasim between 16 and 30 November 2026. PSS levels 20-foot reefer: US$500 per container 40-foot high-cube reefer: US$50…
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Oil Traders Want U.S. to Release Sanctioned Tankers as Freight Costs Soar
Some of the world's biggest oil traders are asking Washington for permission to put sanctioned tankers back to work, as a global vessel shortage pushes oil transportation costs to extraordinary levels. Trafigura, Vitol, Mercuria and Abu Dhabi National Oil Co. are negotiating with U.S. officials for licenses to purchas…
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Maersk reportedly nears order for up to 24 megamax ships
Maersk is reportedly moving closer to ordering twelve container ships of 24,000 TEUs, with options for another twelve vessels, according to DynaLiners. If all options are exercised, the potential contract would cover 24 ultra-large container vessels with a combined capacity of approximately 576,000 TEUs. The reported …
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KazMunayGas, Transneft Seek to Expand Oil Transit Cooperation
Chief Executive Officer of Kazakhstan's national oil and gas company KazMunayGas (KMG), Askhat Khasenov, met with Nikolay Tokarev, President of Russian oil pipeline operator Transneft, in Moscow to discuss cooperation in oil transportation and transit, the KMG press service said.
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Alfa Laval agrees to acquire NAVTOR for US$700 million
Alfa Laval has entered into a definitive agreement to acquire Norwegian maritime software company NAVTOR for US$700 million in an all-cash transaction, expanding its digital technology portfolio for the shipping industry. (function () { var id = 'div-gpt-ad-article-inline-' + Math.random().toString(36).slice(2, 10); v…
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Azerbaijan, UN Discuss Middle Corridor, Regional Connectivity
Azerbaijan’s Foreign Minister Jeyhun Bayramov met with UN Under-Secretary-General for Economic and Social Affairs Li Junhua in Baku on November 6.
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DP World revises Türkiye–Georgia service
DP World Shipping Solutions has revised its Türkiye–Georgia network by removing Izmit’s Yarimca terminal from its Loop 1 rotation. Following the change, Loop 1 will operate as a shuttle between two terminals at Istanbul’s Ambarli port and Poti in Georgia. The service will alternate with Loop 2, which also connects Amb…
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Russian LNG Exports to China Surge More Than Twofold
Russian liquefied natural gas (LNG) exports to China have more than doubled since 2021, rising from 4.5 million to 9.8 million metric tons, according to an analytical report by the PORA Expert Center, The Caspian Post reports, citing TASS.
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Green ammonia bunkered to ammonia-powered bulk carrier at Port Hedland
Green ammonia has been transferred to an ammonia-powered dry bulk carrier at the Port of Port Hedland, a first for Australia and a significant step toward low-emission shipping. The 300-metre Mineral Europa, described as the world’s first ammonia-powered dry bulk vessel, received certified green ammonia from a bunker …
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Owners expand containership programmes across Asian shipyards
Several Asian carriers and shipowners are preparing or confirming new vessel investments across a wide range of container ship sizes, according to DynaLiners. The latest developments involve Ningbo Ocean Shipping, T.S. Lines, Namsung Shipping, Eastern Pacific Shipping and A2B-online. The programmes cover vessels rangi…
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Greek Maritime Forum 2027 Set to Make Waves in Athens with 800+ Industry Professionals
Athens is gearing up to become a hub for global maritime dialogue as the Greek Maritime Forum 2027 prepares to bring together more than 800 industry professionals, 60+ expert speakers, and over 50 exhibitors on May 25–26, 2027. Organised by Marensia Group, the two-day event promises to put the industry’s most pressing…
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Port Freeport awarded federal grant to modernise bulk rice operations
Port Freeport has received a US$ 9,412,500 grant through the US Maritime Administration’s Port Infrastructure Development Program to modernise its bulk rice-handling facilities and the infrastructure supporting agricultural cargo. (function () { var id = 'div-gpt-ad-article-inline-' + Math.random().toString(36).slice(…
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Ukraine Proposes New Logistics Route Linking Azerbaijan to Europe
Strong transport links between the Black Sea and the Caspian Sea could create new opportunities for trade and energy supplies, with Ukraine proposing the development of logistics routes connecting Azerbaijan to European markets.
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Russia and Iran Sign New Deal to Advance 162-Km Railway Project
Russia and Iran have signed key documents granting access to land plots along the planned route of the Rasht-Astara railway line, paving the way for further engineering work on the strategic transport project.
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CEVA Logistics opens new pharmaceutical logistics hub in France
CEVA Logistics has opened a new 17,000-square-metre pharmaceutical logistics facility near Strasbourg, France, expanding its temperature-controlled storage and distribution capabilities. (function () { var id = 'div-gpt-ad-article-inline-' + Math.random().toString(36).slice(2, 10); var holder = document.createElement(…
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Russian Railways Offers 40.4% Discount on Exports Through Azerbaijan
Russian Railways (RZD) has introduced a 40.4% discount on export rail shipments of selected timber industry products through border crossings with Azerbaijan, Belarus and Kazakhstan.
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ONE introduces 12% inland rail fuel surcharge in Kenya
Ocean Network Express (ONE) will apply a 12% Inland Fuel Surcharge to rail services for cargo loaded or discharged in Kenya. The Emergency Inland Fuel Premium will be calculated against the applicable inland base rate. ONE attributed the adjustment to fuel price changes published by Kenya’s Energy and Petroleum Regula…
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Samudera Shipping sells two tankers for US$14.5 million
Samudera Shipping Line has agreed to sell two Indonesian-flagged oil tankers for a combined US$14.5 million as part of its fleet management strategy. (function () { var id = 'div-gpt-ad-article-inline-' + Math.random().toString(36).slice(2, 10); var holder = document.createElement('div'); holder.id = id; var here = do…
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DenAr takes on Turkey’s first offshore wind seabed survey campaign
Turkish marine survey specialist DenAr Ocean Engineering Services has been selected by the country’s Ministry of Energy and Natural Resources to carry out geophysical and geotechnical seabed investigations for Turkey’s first offshore wind development programme. The NCS-01 project covers two areas in the Sea of Marmara…
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India’s HPCL Struggles to Secure Oil Tankers as Hormuz Risks Persist
Hindustan Petroleum Corporation Limited (HPCL), a major Indian state-owned refiner, is struggling to hire tankers to transit the Strait of Hormuz and pick up cargoes in the Gulf, chairman Vikas Kaushal has told Bloomberg. Despite the recovery of crude oil flows from the Gulf via Hormuz to nearly pre-war levels, buyers…
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MSC reportedly adds three 21,700 TEU newbuildings at SWS
MSC has reportedly ordered three 21,700 TEU LNG dual-fuel container ships from Shanghai Waigaoqiao Shipbuilding (SWS) in China, according to DynaLiners. (function () { var id = 'div-gpt-ad-article-inline-' + Math.random().toString(36).slice(2, 10); var holder = document.createElement('div'); holder.id = id; var here =…
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Evergreen schedules first Suez transits with own vessels
Evergreen has scheduled its first sailings into the Red Sea and through the Suez Canal using its own vessels, according to DynaLiners. Ships deployed on the Ocean Alliance’s China-Europe Shuttle (CES) are expected to transit the canal during November and December. The current schedule includes four eastbound sailings …
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Venergy doubles VLCC order at Hengli
Greek shipowner Vyron Vasileiadis has firmed up another two VLCCs at China’s Hengli Heavy Industries, doubling Venergy Maritime’s debut supertanker order to four vessels. The Piraeus-based company exercised the options attached to its October contract for two firm 306,000 dwt crude carriers, with all four vessels sche…
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Capital Tankers scores up to $82m suezmax fixture
Evangelos Marinakis-backed Capital Tankers has secured a 15-month charter for one of its modern suezmaxes in a deal expected to generate between $73.1m and $82.2m in revenue. The Oslo-listed tanker owner said on Friday that its 155,348 dwt Amor has been fixed to an unnamed global energy company, with employment starti…
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Tailwind returns Panda Express service to Suez Canal
Tailwind Shipping Lines will return its Far East–Mediterranean Panda Express (PAX) service to the Suez Canal route later in November, according to DynaLiners. As part of the adjustment, Tailwind will reverse the order of its Mediterranean calls. Koper will now be served before Barcelona. (function () { var id = 'div-g…
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China’s Carbon Emissions Plunge 3.1% as Oil Demand Slumps
A decline in fuel use in China’s industrial sector has led to a 3.1% decline in carbon dioxide emissions in the third quarter of the year, the Finnish climate outlet Centre for Research on Energy and Clean Air has reported, as cited by Reuters. The lower emissions from the world’s largest generator of CO2 resulted fro…
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OOCL to launch new FCS4 service connecting Malaysia and East India
Orient Overseas Container Line (OOCL) has announced the launch of its new Far East–Chennai Service (FCS4), strengthening container shipping connectivity between Malaysia and the east coast of India. (function () { var id = 'div-gpt-ad-article-inline-' + Math.random().toString(36).slice(2, 10); var holder = document.cr…
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Hapag-Lloyd completes acquisition of 25% stake in APM Terminals Maasvlakte II
Hapag-Lloyd has completed the acquisition of a 25% stake in APM Terminals Maasvlakte II in Rotterdam, following unconditional approval from the relevant antitrust authorities. The transaction, initially announced in August 2026, strengthens the German carrier’s terminal portfolio through Hanseatic Global Terminals (HG…
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Oil Prices Head for 12% Weekly Loss Despite Fresh Tanker Attacks
Crude oil prices were on course for a sharp weekly drop, with both Brent crude and WTI shedding 12% since Monday, following the results of the U.S. midterm elections, which gave rise to hopes that the war in the Middle East could be brought to a swift end. At the time of writing, Brent crude was trading at $99.42 per …