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Iran announces goods exports through Kermanshah Province customs

Asia-Europe Container Spot Rates Surge in October Amid Strong Demand

Spot rates on Asia-Europe trades have rebounded, ending a slide that began in July. Strong European demand has outweighed the extra capacity released by vessels returning to the Red Sea and Suez Canal route. Asia-to-Europe container spot rates fell steadily from July before bottoming out at the end of September. Since…

HHLA Downgrades 2026 Earnings Forecast Amid Strikes and Automation Challenges

Hamburg port operator expects operating profit of EUR115-135 million as strike disruptions and terminal automation weigh on container throughput. Hamburger Hafen und Logistik AG (HHLA) has lowered its 2026 earnings forecast for the second time in three months. The company now expects an operating profit of EUR115-135 …

2026 China Marine Economy Expo Launches: Navigating Towards a Digital Ocean Future

The 2026 China Marine Economy Expo at the Shenzhen World Exhibition & Convention Center features a venue illuminated in deep ocean blue. Under the theme 'Digital and Smart Ocean: Co-creating a Sustainable Future,' the expo spans 50,000 square meters and hosts more than 350 enterprises. Organizers expect 25,000 profess…

Hateco and APM Terminals Collaborate on $3.5bn Rail Freight Network in Northern Vietnam

Vietnamese company Hateco and global port operator APM Terminals have signed a memorandum of understanding (MOU) to study the development of a rail container terminal in Hai Phong and three additional rail freight sites across northern Vietnam. The preliminary investment is valued at US$3.5 billion. The planned facili…

Shunde Rongqi Port Container Terminal to Close by December 2026 Amid Restructuring

Foshan's Shunde Rongqi Port Container Terminal will cease operations on 1 December 2026 as part of a strategic restructuring. Opened in 1987 as Shunde's first container terminal, the facility has played a significant role in the district's foreign trade for nearly 40 years. However, operational challenges and shifting…

Antong Holdings Achieves 44.84% Surge in Q3 Net Profit Amidst Market Challenges

Antong Holdings Co., Ltd. released its third-quarter 2026 results on 26 October. During the reporting period, the company recorded operating revenue of approximately RMB 2.368 billion, representing a year-on-year increase of 10.01%, while net profit attributable to shareholders of the listed company reached approximat…

Panama Canal Reinstates Temporary Booking Service for Panamax Locks Amid Capacity Recovery

According to international media reports, the Panama Canal Authority resumed temporary transit booking services for the Panamax locks on 21 October, having previously suspended the service due to water resource constraints. For vessels that had not secured a confirmed transit slot in advance, the resumption of tempora…

Shenzhen Port Achieves 30 Million TEUs Milestone Ahead of 2025 Target

According to Shenzhen's municipal transportation authority, Shenzhen Port reached the 30 million TEU threshold three weeks ahead of its 2025 milestone. As of October 17, cumulative container throughput across the port stood at 30.1 million TEUs, representing year-on-year growth of 7.7%, with laden container volume ris…

MSC, PIL, and Evergreen Marine Enhance Southeast Asia Shipping Routes

Mediterranean Shipping Company, Pacific International Lines, and Evergreen Marine Corporation have each announced new route launches or port call optimizations targeting Southeast Asian trade lanes, with services spanning China to Indonesia, Malaysia, Singapore, and Vietnam. The adjustments reflect sustained regional …

Shenzhen Customs Seizes 50.37 Tonnes of Concealed Fireworks Labeled as Tableware

Declared as 'melamine tableware,' the containers revealed almost nothing but fireworks upon inspection. On 21 October, Shenzhen Customs intercepted two consecutive cases of undeclared fireworks in the export cargo channel, totalling 50.37 tonnes. This case serves as a further reminder that misdeclaring dangerous goods…

IOI outlines new areas for cooperation with Turkmenistan on Caspian Sea (Exclusive)

Venture Global Begins Supplying Plaquemines Customers Under Long-Term LNG Contracts

By Curtis Williams HOUSTON, Nov 1 (Reuters) – Energy major Shell SHEL.L was the first customer to receive LNG under a long-term sales contract from Venture Global’s VG.N Plaquemines export plant in Louisiana, after it completed Phase 1 commissioning...

Azerbaijan Customs Committee allocates $68,100 for financial consulting

What Changes in Uzbekistan’s Legislation from 1 November 2026

Uzbekistan introduces changes to customs fees, pension services, LPG supplies, public security, business prepayments and mobile advertising from 1 November.

Shipping Strikes In Hormuz Leave Both Sides With Economic Pain

By Gerry Doyle Oct 31, 2026 (Bloomberg) –As US President Donald Trump threatens renewed attacks against Iran, Tehran’s intermittent strikes on commercial vessels have left the two sides locked in a painful...

Taiwan Says China Harassing Shipping With East Coast Patrol

TAIPEI, Nov 1 (Reuters) – China’s Coast Guard is harassing shipping with its latest patrol off Taiwan’s east coast and trying to exert a fictional jurisdiction, the Taiwanese Coast Guard said, adding it had sent its own ships to keep...

Russia Extends Ban On Most Diesel Exports Through January

By Bloomberg News Oct 31, 2026 (Bloomberg) –Russia’s government has extended a general ban on diesel exports by producers until the end of January while still allowing some volumes to flow...

Iran’s IRGC Navy Says Four Tankers Catch Fire In Strait Of Hormuz

DUBAI, Oct 30 (Reuters) – Iran’s Revolutionary Guards Navy said on Friday that four oil tankers had caught fire and exploded in the Strait of Hormuz, while attempting to use what it described as unauthorised routes,...

Dr. Cahit İstikbal: Consensus Essential for Maritime Agreements in Eastern Mediterranean

İstikbal: Signing an agreement in the Eastern Mediterranean does not end the field; it is necessary to produce consent. International maritime law expert Dr. Captain Cahit İstikbal evaluated Turkey's call for a maritime jurisdiction agreement with Egypt on Habertürk TV's HT 360 program with Dilek Gül. According to İst…

Surging Russian Oil Freight Costs Driven by Black Sea Tensions and Demand

The drone attacks in the Black Sea, the congestion in tanker supply, and the increasing demand in global maritime transportation are keeping the costs of transporting Russian oil to India at record levels. The freight rate for Suezmax tankers has reached $30 million for a single voyage, while the transportation cost p…

ClassNK Unveils Enhanced Cybersecurity Guidelines for Maritime Safety

The Japanese classification society ClassNK has published the second edition of its Cyber Security Management System Guidelines for ship owners and operators. The new regulation aims to protect the digital systems of ships, prepare for cyber attacks, and ensure compliance with international standards during audit proc…

Sanmar Shipyards Celebrates Delivery of Fifth R-Class Tugboat to Bulgaria

Sanmar Shipyards has delivered its fifth tugboat as part of a 23-year collaboration with VTC S.A., one of Bulgaria's major port operators. According to a statement made by Sanmar on October 30, 2026, the tugboat named KASTRITSI will operate at the Port of Varna on Bulgaria's Black Sea coast under its new ownership. Ba…

Historic Leadership Change: Natalia Margioli-Komninou Becomes ICS's First Female President

The Institute of Chartered Shipbrokers (ICS), one of the world's long-established maritime professional organizations, has elected a woman as president for the first time in its 115-year history. Natalia Margioli-Komninou, an experienced figure in the Greek maritime sector, has also become the first Greek president of…

French Navy Enhances Port Support Fleet with 16 New RP30NG Tugboats

The French Ministry of Defense's General Directorate of Armament (DGA) has awarded a contract to Piriou Shipyard for the construction of 16 new generation RP30NG type tugboats to renew the French Navy's port support fleet. As announced on October 29, 2026, it has been confirmed that the first four tugboats will be bui…

Uzbekistan, 11 countries eye 2027 rail freight tariffs at Tariff Conference

Uzbekistan’s regional loan portfolio reaches $30.17B, accounting for 54.9%

Strike Threat at Los Angeles, Long Beach Ports Delayed as Union and Employers Extend Talks

A potential strike threatening operations at some of the busiest container terminals in the United States has been pushed back after the Pacific Maritime Association (PMA) and the International Longshore...

Global Port Strikes: 113 Ports in 22 Countries Disrupt Maritime Trade

International strikes and protests have begun, covering 113 ports in 22 countries worldwide. Actions organized against arms shipments and the loss of seafarers' lives in war zones have disrupted cargo operations and ferry services in many countries, particularly Greece. Global maritime trade faced a significant challe…

How MARAD Cut Years Off Deepwater Port Reviews Without Changing Environmental Standards

As gCaptain reported earlier this week, the Maritime Administration (MARAD) announced its approval of the $8.2 billion Texas ST LNG export port application, a major development for U.S. energy production. But the announcement also highlighted another significant milestone: the fastest deepwater port license review in …