Baltic Dry Index rises to highest level since 3 June after sixth straight gain
The Baltic Dry Index advanced 2.1% to 3,107 on 27 August 2026, extending a six-session streak and reaching its strongest level since 3 June, reports reports.
Maritime reporting archive
Every published Maritime Gazette report remains available here, organised in reverse chronological order across shipping, ports, vessels, trade, policy, safety and the wider maritime industry.
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Reporting archive
CMB.TECH posts sizeable Q2 profit and signals continued strength in iron‑ore trade
CMB.TECH NV released unaudited results for the quarter to 30 June 2026, reporting a USD 364.4m profit, USD 552.8m EBITDA and a stable contract backlog of USD 3.26bn while signalling confidence in iron‑ore demand.
Lázaro Cárdenas reports 17.48m tonnes handled to end of July 2026
Port Technology International reported the port moved 17.48 million tonnes of commercial cargo to the end of July 2026, a 14 per cent year‑on‑year increase, supported by 1,049 vessel calls.
Montreal Port Authority appoints senior commercial adviser in India
The Montreal Port Authority has appointed Prakash R. Tulsiani as its senior commercial adviser and representative in India, with a brief to develop business opportunities, cultivate shipping and logistics relationships, and raise the port's profile among Indian customers and trade partners.
Maersk switches to weekly fuel surcharge reviews as Middle East costs rise
A.P. Moller - Maersk has moved to weekly fuel-surcharge reviews in response to rising bunker costs linked to the situation in the Middle East, Port Technology International reported on 27 August 2026.
MMO publishes guidance on first-sale fish and submission of sales notes
The Marine Management Organisation published consolidated guidance on 27 August 2026 that explains who may fish commercially, who may buy and sell at first sale, and how to record and submit sales notes.
Port of Drammen to join Portchain Connect, Greenport Services to use real-time carrier feeds
Portchain has added the Port of Drammen to its Portchain Connect network, with Greenport Services using the platform to obtain real-time schedule and move count updates directly from carrier systems to improve berth alignment.
Vancouver, Prince Rupert and Nanaimo cited as driving $409bn in trade
A study released in late August 2026 reports Vancouver, Prince Rupert and Nanaimo together underpin $409 billion in trade, support over 150,000 Canadian jobs and move roughly $1.1 billion in goods each day.
Indonesia, Malaysia and Singapore reaffirm that Malacca–Singapore straits remain open and secure for international shipping
The three littoral states have restated that the Straits of Malacca and Singapore are international navigation and must remain free, open and secure for merchant shipping, a move reported on 26 August 2026 amid renewed focus on maritime chokepoints.
Weekly bulletin: buyers keep ship recycling market on the rise, but competitiveness varies
A weekly report from cash buyer Best Oasis, summarised by reports on 26 August 2026, says buyer interest has kept ship recycling activity on an upward path, though competitiveness varies between subcontinent destinations.
Report: export disruptions and falling stocks put tanker demand at risk
reports on 26 August 2026 cited BIMCO analysis that export interruptions and shrinking oil inventories are combining to weaken seaborne volumes and threaten tanker demand.
Baltic Dry Index extends rally to fifth session
The Baltic Exchange dry bulk sea freight index rose 4.4% to 3,056 on Wednesday, marking five consecutive sessions of gains and reaching its highest level since August 10, with capesize rates leading the advance, sources indicated on 26 August 2026.
Report finds 31% emissions‑intensity gap between carriers on the same ocean trade lane
VesselBot's Decoding Maritime Emissions Q2 2026, summarised by reports on 26 August 2026, reports a 31 per cent emissions‑intensity gap between carriers on the same trade lane amid mixed sectoral efficiency trends.
Commercial transits through Hormuz remain at historic low as diplomacy advances
Preliminary Kpler data cited by Al Jazeera and CNBC and summarised by reports show just five commercial tankers transited the Strait of Hormuz on Tuesday, a figure reported below the 10-day average amid renewed diplomatic activity.
BASSnet Neo launched as unified, fully managed maritime SaaS suite
BASS Software has rolled out BASSnet Neo, a cloud-native, fully managed maritime ERP suite that consolidates maintenance, procurement, materials, dry-docking projects, document control and HSEQ into a single platform.
Japan weighs return to LNG carrier construction, raising competition for Korean yards
Sources indicated on 26 August 2026 that Namura Shipbuilding is considering a new dock near Imari to build LNG carriers, a development that could challenge South Korea's current lead in the market.
Aramco increases September oil offerings outside Strait of Hormuz, report says
Sources indicated on 26 August 2026 that, citing Reuters, Saudi Aramco has raised the volume of barrels offered for September loading outside the Strait of Hormuz following sales to China.
DBMatic and Weforsea establish MariControl to formalise maritime data partnership
DBMatic, part of De Boer Marine, and Weforsea Shipping have turned a long-standing collaboration into MariControl, a new company focused on maritime data technology.
K Shipbuilding wins orders for six petrochemical carriers worth about 510bn won
K Shipbuilding announced orders for six medium-sized petrochemical product carriers worth about 510 billion won from owners in Europe and the Middle East, sources indicated on 26 August 2026.
DP World switches on shore power at Callao, Latin America’s first terminal installation
DP World has commissioned the first terminal-scale shore power system in Latin America at its South Terminal in the Port of Callao, allowing ships to connect to certified renewable electricity while at berth.
Port Houston study links Houston Ship Channel cargo to $986.9bn in US economic value
A Martin Associates study released by Port Houston and summarised by Port Technology International on 26 August 2026 attributes $986.9 billion in national economic value and 3.53 million jobs in 2025 to marine cargo on the Houston Ship Channel.
DfT publishes screening decision on Midlands Rail hub TWA application
The Department for Transport on 26 August 2026 issued a screening decision for the Midlands Rail hub portfolio Transport and Works Act order application covering enhancements between Birmingham Moor Street Station and Bordesley.
Ports of Stockholm posts year-on-year growth across all cargo segments in H1 2026
Ports of Stockholm registered year-on-year increases across containers, bulk cargo, ferry-borne freight and rail wagons in the first half of 2026, with container traffic rising 14 per cent, Port Technology International reported on 26 August 2026.
Renewed US blockade raises stakes for Tehran, report says
reports on 25 August 2026 said a renewed US blockade is increasingly costly for Tehran, affecting export revenues, production, imports, aviation, gasoline balances and government subsidies, and presenting a choice to endure, escalate or negotiate.
Mexico’s Pacific export corridor propels shift in LNG shipping market
reports says Mexico’s Pacific export corridor is strengthening the Pacific LNG trade’s influence, amid market uncertainty from disruptions to Middle Eastern flows and an uncertain Qatari recovery.
Baltic dry-bulk rates climb for fourth straight session to 2,926
The Baltic Dry Index rose for a fourth straight session on 25 August 2026, advancing about 1.5% to 2,926 points and marking its highest reading since 12 August, with capesize rates also higher.
Report: MOCs need fusion, not another feed
Sources indicated on 25 August 2026 that the real constraint for maritime operations centres is the fusion layer that converts multi‑sensor streams into timely, actionable intelligence.
LNG bunker costs climb as European gas benchmark rallies
A market note on 25 August 2026 said LNG bunker prices in Singapore rose as Rotterdam recorded a $70/mt increase and the Dutch TTF natural gas contract advanced.
Global Ethanol Association and DNV launch three‑year ethanol data partnership
A three‑year collaboration between the Global Ethanol Association and DNV will create a structured global ethanol database alongside an ongoing programme of research and data maintenance, sources indicated on 25 August 2026.
Study cited by reports makes CAPEX case for Thordon's T-BOSS® on a 274m Suezmax
A report published on 25 August 2026 says an evaluation using Suezmax reference data has shown capital expenditure advantages for Thordon Bearings' T-BOSS® sterntubeless shaftline compared with a conventional oil-lubricated sterntube arrangement.
IMO urges urgent action after SEAMULL hijacked as piracy rises in Gulf of Aden
The IMO has called for immediate measures after reports that the SEAMULL was hijacked on 20 August 2026, a seizure the organisation linked to a renewed wave of piracy in the Gulf of Aden.
OceanWings wingsail fitted to Ultramax MARIA TOPIC in Japanese retrofit
A rigid OceanWings tiltable wingsail has been retrofitted to the Ultramax bulk carrier MARIA TOPIC at TSUNEISHI SHIPBUILDING in Japan; the ship has now resumed commercial operations.
ClassNK launches 'Survey Compass' AI assistant for survey-related queries
ClassNK has introduced an AI assistant called Survey Compass to support shipowners and ship management companies with classification survey questions, a report from reports says.
KCC posts stronger Q2 2026 with USD 38.5m EBITDA and higher TCEs amid volatile markets
Klaveness Combination Carriers recorded a robust jump in quarterly results in Q2 2026, with EBITDA of USD 38.5 million and profit after tax of USD 20.8 million as fleet average TCEs climbed to USD 37,782 per day.
Orca AI platform to be rolled out across dozens of Eastern Pacific Shipping vessels after pilot
A pilot covering five vessels and over 130,000 nautical miles led Eastern Pacific Shipping to scale up use of Orca AI's maritime operations platform across dozens more ships, the report said.
Ernst Russ reports mid‑year progress against 2026 transformation plan
Sources indicated on 25 August 2026 that Hamburg‑based Ernst Russ AG has made progress in the first half of 2026 against its stated goals of fleet diversification and modernisation, extending charter coverage and raising share visibility.
Kongsberg Maritime to supply integrated systems for new Solstad/SBM offshore construction vessel
Kongsberg Maritime will provide a complete, integrated technology package for a new multi-purpose deepwater installation and construction vessel owned and to be operated jointly by Solstad Offshore and SBM Offshore, the report said.
DfT issues quarterly refresh of Transport Statistics Geography Portal
The Department for Transport published a scheduled, quarterly update to its Transport Statistics Geography Portal on 25 August 2026, reorganising already-published official transport statistics into a geographic presentation on its website.
Alexandria and Malaysia seek closer maritime cooperation
Officials from Alexandria Port Authority and Malaysia met to explore joint work in ports, maritime transport and logistics, with both sides stressing mutual benefit and shared expertise, Port Technology International reports.
Ports of Saipan and Tinian remain operational after Tropical Storm Saudel
The U.S. Coast Guard set PHWC WHISKEY for Saipan and Tinian, but both ports remain open for commercial traffic and cargo operations, Port Technology International reported on 25 August 2026.
MCA issues amendment clarifying retention of crew agreements for vessels outside MLC
The Maritime and Coastguard Agency has issued MGN 474 (M) Amendment 2, clarifying the retention of crew agreements on UK sea‑going ships and yachts that fall outside the Maritime Labour Convention, the regulator announced on 25 August 2026.
DfT publishes form for operators seeking PSVAR exemptions for home-to-school coaches
The Department for Transport published a GOV.UK form on 25 August 2026 enabling operators of non-compliant home-to-school coaches to apply for an exemption from PSVAR accessibility regulations.
MCA publishes list of overseas doctors accepted for UK seafarers
The Maritime and Coastguard Agency published guidance on 25 August 2026 listing overseas-based doctors accepted to perform medical examinations for UK seafarers.
Port of Dover completes £53m Western Docks land reclaim
McLaughlin & Harvey and Boskalis Westminster have finished Stage 3B of the Dover Western Docks Revival, reclaiming land within the Wick Channel, Tidal Basin marinas and Granville Dock.
Department for Transport publishes review on uprating road freight travel time values
The Department for Transport has published a methodological review, dated 25 August 2026, that examines evidence and appraisal approaches for uprating road freight travel time values over time.
Port of Vancouver upgrade halves truck transit times, report says
Road and rail upgrades completed by the Vancouver Fraser Port Authority in the Fraser Surrey area have halved truck transit times and aim to accelerate exports and cargo movements through the Port of Vancouver, Port Technology International reports.
PLA appoints two new Non-Executive Directors
Port Technology International reports that Fabienne Viala and Cordi O'Hara OBE FEI have been appointed as Non-Executive Directors of the Port of London Authority; Viala will succeed Toril Eidesvik on 1 September 2026.
DfT publishes workforce management information covering staff numbers and costs
The Department for Transport published transparency data on 25 August 2026 detailing departmental staff numbers and the costs associated with them.