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A short-lived softening in Capesize freight was recorded this week, with the Pacific region most affected and C5 rates sliding from the low $17s into the mid-$16s before sentiment steadied.
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A short-lived softening in Capesize freight was recorded this week, with the Pacific region most affected and C5 rates sliding from the low $17s into the mid-$16s before sentiment steadied.
Shipbroker Gibson’s weekly note, cited by reports on 20 September 2026, records unprecedented VLCC assessments, prompting questions over the rally’s sustainability.
Berg Propulsion will open a dedicated Mumbai office on 1 January 2027 as part of an expansion aimed at supporting the company’s growing role in Indian shipbuilding projects, a report says.
New Times Shipbuilding has chosen TMC Compressors to provide complete marine compressed air systems for eight 18,600 TEU containerships under construction for A.P. Moller 6 Maersk, according to a report dated 17 September 2026.
Defence Minister Guido Crosetto said Italy is organising naval preparations to safeguard its merchant vessels if the security situation in the Bab el‑Mandeb Strait worsens, MarineLink reported on 17 September 2026.
An inter-ministerial committee led by the Energy Ministry has issued final recommendations to raise natural gas output in order to meet domestic needs and enable greater exports, MarineLink reported on 17 September 2026.
Reports that additional Saudi crude was being shipped through Oman helped push oil lower by roughly 2% to a one‑week low on 17 September 2026, but a risk premium above $100 persisted because of fears the conflict could widen.
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Founder and Editor, The Maritime Gazette
Luke Smout is a maritime journalist, PR and communications specialist. He leads the Gazette’s editorial direction across shipping, ports, vessels, maritime business and public policy.
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