market News

Latest maritime market updates and reports

market March 2, 2026

CTM Gains New Investors from Japan and Norway

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.

Splash247

Offshore Energy

market March 2, 2026

Hanwha Aerospace Secures Long-term LNG Deal with Venture Global

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.

Offshore Energy

Seatrade Maritime

market March 2, 2026

February 2026 Maritime Highlights: Key Developments Reviewed

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.

Seatrade Maritime

Splash247

market March 2, 2026

VLCC Resales Hit Record Premium Over Newbuilds

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.

Splash247

gCaptain

market February 27, 2026

Freight Rates Remain Static Post Lunar New Year Amid Carrier Strategies

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

market February 27, 2026

Supertanker Dominance in US Gulf Amid Growing Oil Bet

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.

gCaptain

Seatrade Maritime

market February 27, 2026

Analysts Predict Further Upside in VLCC Rates

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.

Seatrade Maritime

Offshore Energy

market February 27, 2026

Corpus Christi Rises to Second-Largest US LNG Export Project

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.

Corpus Christi (US)

Offshore Energy

market February 27, 2026

TotalEnergies Inks 20-Year Alaskan LNG Offtake Deal

TotalEnergies has entered into a preliminary agreement to offtake liquefied natural gas (LNG) from Alaska for 20 years, as reported by Offshore Energy. This letter of intent marks a significant step in securing LNG supply for the French energy giant.

Offshore Energy

Splash247

market February 27, 2026

US Supreme Court Ruling on Tariffs Impacts Shipping Industry

Splash247 reports that the US Supreme Court has ruled former President Donald Trump violated federal law by using the International Emergency Economic Powers Act to impose global tariffs. This decision has created confusion in the shipping industry as the transpacific contracting season begins.

Splash247