Xeneta warns spot freight rates may peak in early October
Xeneta’s chief analyst told reports on 25 September 2026 that the recent rise in spot rates from the Far East to US coasts may come to an end in the first half of October.
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.
Xeneta’s chief analyst told reports on 25 September 2026 that the recent rise in spot rates from the Far East to US coasts may come to an end in the first half of October.
reports reports that China made up 19% of global seaborne crude oil trade in the first eight months of 2026, based on analysis by shipbroker Banchero Costa.
A reports summary of DNV’s Maritime Forecast to 2050 warns that regulatory uncertainty is the primary barrier to shipping meeting decarbonisation targets and that decisions made now will determine future fuel demand and investment.
The OECD’s September 2026 interim outlook projects 2.9% world GDP growth and resilience through 2027, but reports reports the organisation has warned that higher energy costs, shifting tariffs and uncertainty over key trading relationships could pose fresh pressures on international trade and supply chains.
The Baltic Dry Index fell about 1.3% to 3,426 on 25 September 2026, pressured by losses in the larger vessel sector, with the capesize index down 2.6% to 5,784, reports reports.
EU-funded HyShip has named SeaShuttle container vessels as operational demonstrators in a Clean Hydrogen Partnership-supported drive to create an end-to-end liquid hydrogen supply chain for short-sea shipping.
A report published on 25 September 2026 by reports says the cost of transiting the Strait of Hormuz has overtaken passage constraints as the dominant tanker-market concern, with availability squeezed and some VLCC hires reportedly above USD 1 million per day.
Drewry's benchmark index eased 1 per cent in the week to 24 September, a development noted by reports on 25 September 2026.
Sources published Affinity Tanker Weekly on 25 September 2026 reporting that the VLCC market has quietened considerably after a week of exceptional activity and record rates, Affinity Research LLP said.
reports on 25 September 2026 carried Advanced Shipping & Trading's Week 39 market note, which records a single committed Capesize, Highland, with survey dates shown.
MACN has welcomed ABS, DNV and RINA as its first classification society members after a General Assembly vote on 30 April 2026 to open membership to classification societies, sources indicated on 25 September 2026.
Sources published Gibson Shipbrokers Ltd’s "Gibson tanker report – Clean Catchup" on 25 September 2026; the verified material supplied here contains only a single, incomplete summary sentence.
Oil Minister Hardeep Singh Puri told markets on 24 September that India will maintain supplies and honour export contracts for petroleum products including diesel, sources indicated on 25 September 2026.
Sources published VHBS's ConTex time charter assessment for week 39 on 25 September 2026, with the Verband noting the continued resilience of shipping markets.
Indigenous shipowners say long-term Contracts of Affreightment for petroleum products, cement and fertiliser would create the predictable cargo flows needed to finance and expand Nigeria’s domestic fleet.
reports reports that a high-quality workforce in maritime services and shipbuilding is essential for Hai Phong to implement the Politburo’s Resolution No. 20‑NQ/TW of 28 July 2026 and support Vietnam’s ambition to become a strong maritime nation.
The TVO Mariner, a DP2 multipurpose support vessel, was delivered in mid‑September to subsidiary LD TravOcean and is intended for subsea cable installation and protection, sources indicated on 25 September 2026.
Kpler reported a concentrated single‑day loading of roughly 12 million barrels at Ras Tanura and Juaymah on 21 September after disruption to the 1,200 km East‑West Pipeline, sources said.
A two-tonne consignment of premium Malaysian tree-drop ripe durian, shipped by a consortium including Daikin Reefer, reached Dalian in 12 days and was inspected on 19 September with quality reported as comparable to air freight.
New orders for US-manufactured durable goods were essentially unchanged in August 2026 at $338.6bn, diverging from forecasts for a modest decline and driven by falls in transport equipment and fabricated metal products.
MarineLink reported on 25 September 2026 that SAAM Towage has taken delivery of five tugboats so far this year as part of an ongoing fleet renewal programme.
Marea Scale Models has launched in the UK, bringing its AI-assisted design process Ai Refloat to the European maritime market; the process is described as producing highly detailed, accurate and immediately recognisable models.
MarineLink reports that Aderco’s 2055G+ programme uses continuous measurement to turn verified fuel-performance gains into Gold Standard carbon credits.
ARC Freedom (IMO 9505041), a Large Car and Truck Carrier, has been added to American Roll‑On/Roll‑Off Carrier Group Inc.'s U.S.-flagged fleet, MarineLink reported on 25 September 2026.
Washburn & Doughty has handed over the tug Mary McAllister to McAllister Towing in Maine; the vessel is the sixth of seven ABS-classed, 84-metric-ton bollard-pull, low-emission tractor tugs, MarineLink reported on 25 September 2026.
The UK Maritime and Coastguard Agency has published Guidance MIN 688 (M) Amendment 5: Code of safe working practices: 2026 edition, dated 25 September 2026, which provides details of the 2026 amendments to the Code of Safe Working Practices for Merchant Seafarers (COSWP).
NYK used the IMO Sub-Committee on Carriage of Cargoes and Containers to present the NYK Group’s initiatives aimed at practical deployment of ammonia-fuelled vessels, MarineLink reported on 25 September 2026.
The Maritime and Coastguard Agency has published an amendment to MIN 734 to draw attention to charitable and welfare services available to seafarers, fishers, cadets, retired seafarers and their families across the United Kingdom.
PaxOcean will build an Ulstein‑designed service operation vessel for NYK Line at its Graha yard in Batam, intended for offshore wind projects in Taiwan and the broader Asia‑Pacific, with delivery slated for around 2029, MarineLink reported on 25 September 2026.
The International Union of Marine Insurance has issued a Crew Wellbeing Checklist for Hull & Machinery insurers to ensure the human element is incorporated into risk appraisals, sources indicated on 25 September 2026.
Sources indicated on 25 September 2026 that IUMI described the offshore energy insurance market as challenging in 2025, with premium gains reflecting currency effects and changes in business mix rather than underlying expansion.
The IMO sub‑committee finalised changes to interim guidance on methyl and ethyl alcohol fuels and agreed a harmonised performance standard for lashing software at its 12th session, held 14–18 September 2026.
Sources indicated on 25 September 2026 that US President Donald Trump said his administration would act to prevent the IMO from adopting a global emissions-pricing mechanism.
Following a security reassessment of the Red Sea, Maersk and Hapag‑Lloyd have said AE19 and AE15 will transit the Suez Canal rather than round the Cape of Good Hope, a report dated 25 September 2026 states.
Sanjeev Sanyal told News18 DEFCON 2026 that India could suffer serious economic disruption if three to four global shipping lines were to restrict access, a report by sources said on 25 September 2026.
Sources indicated on 25 September 2026 that a cargo ship laden with 524 special containers departed Jiangyin port for the Port of Manzanillo, inaugurating a new direct container service between Jiangsu and Mexico with an estimated transit of around 22 days.
PROSTEP has entered a memorandum of understanding with Seoul-based Lattice to pursue deployment of its OpenPDM integration technology in South Korea’s shipbuilding industry, sources indicated on 25 September 2026.
Early tests of Suez Canal routings have shortened India–Savannah transit by around 10–14 days, with port officials citing faster inventory fulfilment and lower carrying costs for importers.
A DP World whitepaper published for World Maritime Day 2026 warns that the sea-borne networks carrying an estimated $14 trillion of containerised goods are being tested by geopolitical, climate and policy pressures.
The European Investment Bank is to lend €100 million to the Klaipėda State Seaport Authority to modernise Lithuania’s main port and strengthen its role in defence, energy and Baltic trade.
A joint analysis from Chatham House and the Forest Stewardship Council, summarised by reports on 25 September 2026, warns that accelerated biofuel mandates could intensify competition for key crops and vegetable oils through 2030, potentially raising agricultural commodity prices.
IFAPA told the 6th International Ferro Alloys Conference in Goa that rising steel output creates a new growth runway for India’s ferro‑alloys sector and an opportunity to strengthen its global role, sources indicated on 25 September 2026.
Reports that the United States and Iran are discussing a phased reopening of the Strait of Hormuz prompted a modest fall in Brent futures, even as a Houthi missile attack on Saudi Arabia sustained geopolitical uncertainty.
Bassim Khudair says Iraq is in talks with OPEC to secure a higher crude output quota to compensate for production losses during decades of conflict, a report published on 25 September 2026 states.
Louis Dreyfus Armateurs has taken delivery of the DP2 multipurpose support vessel TVO Mariner for LD TravOcean, enhancing the subsidiary’s capability for subsea cable installation, repair and protection work, MarineLink reported on 25 September 2026.
The Marine Management Organisation published guidance on 25 September 2026 covering the importance of seagrass, steps to avoid damage and the MMO’s support for recovery in England.
The UK Marine Accident Investigation Branch has issued a report and safety flyer, dated 25 September 2026, on the foundering of the fishing vessel Argos Georgia about 190 nautical miles east of Port Stanley, Falkland Islands, in which 13 people died.
The UK Marine Management Organisation published a provisional Official Statistics release on 25 September 2026 setting out landings by UK and foreign vessels at UK ports and UK vessel landings abroad for August 2026.