Latest maritime market updates and reports
Offshore Energy
The closure of the Strait of Hormuz, a critical chokepoint for global oil and LNG supply, could drive oil prices above $100 per barrel, according to analysts at Wood Mackenzie, as reported by Offshore Energy. This potential energy shock is reminiscent of price spikes during the Russia-Ukraine conflict.
Offshore Energy
MET International and Shell are expanding their long-term cooperation to increase LNG supply to Europe, as reported by Offshore Energy. The collaboration aims to bolster energy security and meet rising demand in the region.
Splash247
C Transport Maritime (CTM), a Bermuda-based dry bulk operator, has welcomed Japan's Tokyo Century Corporation and Norway's Barque as new shareholders, as reported by Splash247. The financial terms of the investment were not disclosed, but both companies have acquired equity stakes and appointed board representatives. CTM remains majority-owned by Bretta Navigation Corporation.
Offshore Energy
Venture Global, a U.S. LNG producer, has entered into a long-term agreement with Hanwha Aerospace, part of the Hanwha Group, to supply liquefied natural gas sourced from North American basins. Offshore Energy reports that this deal marks a significant collaboration between the American and Korean companies.
Seatrade Maritime
Seatrade Maritime highlights the major maritime and shipping stories from February 2026, covering various industry developments. The Seatrade Maritime Podcast provides insights into the latest trends and events shaping the maritime sector.
Splash247
Resales of very large crude carriers (VLCCs) are commanding a record $39.5 million premium over newbuilds, marking the highest in the 60-year history of the supertanker, as reported by Splash247. Clarksons Research data indicates benchmark TD3C earnings have surged above $200,000 a day, levels last seen in May 2020, while one-year charter rates exceed $130,000 a day.
gCaptain
Container freight spot rates on major trade routes experienced minimal changes this week as supply chains in China gradually resumed after the Lunar New Year holiday, gCaptain reports. Carriers are considering blank sailings as a strategy to manage capacity and rates.
gCaptain
A shipowner's strategic move in the oil tanker market has resulted in control over a significant portion of supertankers available to collect American oil next month, as reported by gCaptain. This development highlights the increasing influence of this entity in the maritime oil transportation sector.
Seatrade Maritime
Seatrade Maritime reports that analysts of listed tanker stocks are increasing target prices, anticipating continued growth in VLCC rates. The article discusses potential factors influencing the market's future trajectory.
Offshore Energy
Offshore Energy reports that the U.S. Energy Department has approved a 12% expansion in exports at Cheniere Energy's Corpus Christi facility. This approval elevates Corpus Christi to the position of the second-largest LNG export project in the United States.
