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Port congestion is getting worse in container shipping: who is responsible?

Port bottlenecks in several regions are disrupting trade with Maersk recently highlighting what it says has been 15 years of underinvestment in port infrastructure. Drewry provides insight into this complex issue and what to expect. Drewry’s new “market signals” risk summary shows a clear deterioration in two key metrics: global average waiting times are getting ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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CMB.TECH Expects Continued Strength In Seaborne Iron Ore Trade

CMB.TECH NV reported its unaudited financial results today for the second quarter ended 30 June 2026. HIGHLIGHTS Financial highlights: • Profit for the period of USD 364.4 million in Q2 2026.

  • CMB.TECH expects continued growth in maritime iron ore trade market.
  • Q2 2026 profit of USD 364.4 million and EBITDA of USD 552.8 million.
  • Company anticipates gains from sale of VLCC Ilma, Ingrid, Suezmax Sienna, and Bristol.

Hormuz transits still limited even as Iran, Oman near deal; carriers eye return to Suez route

Vessel traffic through the Strait of Hormuz remined limited on Wednesday even as Iran and Oman were heard to be close to an agreement to manage traffic through the vital waterway, while some container…

  • Only five ships transited Strait of Hormuz on August 25, down from seven the previous day
  • Iranian Unilateral Scheme used by four ships, one sanctioned vessel
  • Partial resumption of Red Sea/Suez Canal route expected as Houthi threats persist

Newbuilding Activity Still Strong

Ship owners have kept investing in more newbuildings over the past week. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity remained active this week, with…

  • International Seaways contracts four 65,000 dwt product tankers from K Shipbuilding.
  • Greek owner Minerva Dry orders two 3,100 teu container ships from Hengli Heavy Industries.
  • Centrofin Management places two orders for 6,000 teu container ships at Hengli Heavy Industries.

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