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[Gezhouba Shipping Capacity Expansion Project Enters Main Construction Stage] October 10th: The Three Gorges Water Transport New Channel Project is the first major landmark project started in China during the "15th Five-Year Plan" period, including the Three Gorges Hub New Channel and Gezhouba Shipping Capacity Expansion. Today, Gezhouba's shipping capacity expansion has reached a critical milestone, with construction of the upstream and downstream cofferdams officially starting. This marks that Gezhouba's shipping capacity expansion has entered the main construction stage. The upstream and downstream cofferdams are the first hurdle in Gezhouba's shipping capacity expansion construction and are "temporary retaining walls" built in the river. Among them, the total length of the upstream cofferdam is 835.94 meters, and the total length of the downstream cofferdam is 960.85 meters. (CCTV News)

#Shipping #Infrastructure investment10-10 16:53

[Shanghai International Shipping Research Center: The development trend of the shipping market is expected to remain stable in the fourth quarter] On October 10th, the Shanghai International Shipping Research Center released the China Shipping Prosperity Report for the third quarter of 2026. The report shows that in the third quarter of 2026, China's shipping prosperity index was 122.26 points, a decrease of 3.97 points from the previous quarter, maintaining a relatively prosperous range; China's shipping confidence index was 158.27 points, an increase of 9.62 points from the previous quarter, rising to a relatively strong prosperity range, and the operating conditions of shipping companies are still improving. Looking forward to the future, Zhou Dequan, director of the China Shipping Prosperity Index Compilation Office, told a Securities Times reporter that China's shipping prosperity index is expected to be 119.5 points in the fourth quarter of 2026, a decrease of 2.76 points from the third quarter and falling to a relative prosperity range; the overall development trend of the shipping market in the fourth quarter is expected to remain stable.

#Shipping #Shipping futures10-10 15:27

[Shanghai Shipping Exchange: The market recovered steadily after the holiday and the comprehensive index ran smoothly] October 10th, according to the Shanghai Shipping Exchange, after the National Day holiday, China's export container shipping market recovered smoothly, transportation demand remained stable, market freight prices on most routes fluctuated slightly, and the comprehensive index ran smoothly. On October 9, the Shanghai Export Container Comprehensive Freight Index released by the Shanghai Shipping Trading Research Institute (preparatory) was 3664.11 points, the same as the previous period.

#Shipping #Shipping futures10-10 08:50

[Report: Over 100 ship safety incidents related to the US-Iran conflict have occurred this year] October 9, local time, the latest report of the UK Maritime Trade Operations Office (UKMTO) showed that since the beginning of this year, 122 ship safety incidents related to the US-Iran conflict have been recorded within its monitoring scope. In addition, there were 6 attacks on shipping ships in the Red Sea region, and a total of 41 incidents related to piracy were recorded. The report pointed out that the security situation in the Strait of Hormuz and surrounding waters continues to be severe. So far this year, the agency has issued 133 maritime safety warnings and 18 safety notices. The UK Maritime Trade Action Office reminds ships passing through the Strait of Hormuz, the Red Sea and surrounding high-risk waters to remain highly vigilant, pay close attention to the latest safety information, and report suspicious activities in a timely manner. (CCTV News)

#middle east conflict #Shipping futures #Shipping #ship10-09 20:13

On October 9th, data from the shipping data platform Alphaliner showed that Maersk ordered 26 container ships in September, increasing the total number of ships on its order book to 131.

#Line #Shipping futures #Shipping #ship10-09 20:00

On October 9th, data from the Shanghai Shipping Exchange showed that as of October 9th, the Shanghai Export Container Freight Index (Comprehensive Index) SCFI reported 3664.11 points, an increase of 1.81 points compared with the previous period. China's Comprehensive Export Container Freight Index CCFI reported at 1912.38 points, down 0.6% compared with the previous period.

#Futures Market Intelligence #Shipping #Shipping futures10-09 15:11

On October 8th, Maersk increased the emergency fuel surcharge (EFS) to 20%, effective from October 12, 2026.

#Global market intelligence #Futures Market Intelligence #Shipping #Shipping futures10-08 15:29

[Very large oil tankers are rushing to the Middle East, further exacerbating the global ship shortage and pushing up freight rates] October 8th, very large oil tankers are rushing to the Middle East to take advantage of the surge in oil freight rates in the Strait of Hormuz, further exacerbating the global ship shortage and pushing up freight rates. Although attacks on ships continue, the volume of crude oil shipped through the strait has rebounded to near pre-war levels in recent weeks. However, risks to shipping have led to a sharp increase in tanker freight rates, with the cost of transporting oil from the Gulf to East Asia now six times higher than before the conflict. According to data from shipping data provider Signal Ocean, more than 40% of the world's approximately 850 very large crude oil carriers (VLCCs) are currently either located in the Persian Gulf or within a few days' voyage of the Persian Gulf. Freight analyst Georgios Sakellariou said: "Recent months have been the best ever for the crude oil tanker industry. The main problem is the inefficiency of the ship-to-ship transfer system outside the Strait of Hormuz, which has significantly drained ship capacity there and elsewhere." The journey from the Persian Gulf to East Asia takes about three weeks. VLCC freight rates are currently assessed at a record high of nearly $1.4 million per day on Wednesday. It soared nearly 540% compared to before the war, and the price of Brent crude oil increased by about 40% during the same period.

#iOS #EA #Global market intelligence #Futures Market Intelligence #middle east conflict #Crude oil market dynamics #Overseas commodities #Shipping10-08 14:39

[The shipping sector fluctuated and pushed up, and COSCO Shipping rose by the daily limit] On October 8th, the shipping sector fluctuated and rose in early trading, with COSCO Shipping hitting its daily limit, China Merchants Shipping, China Merchants Nanyou, and Haitong Development rose by more than 5%. On the news, Clarksons data shows that the average revenue of VLCC in the third quarter reached US$277,995/day. After entering early October, the revenue of some routes has exceeded US$1.6 million/day, and the overall market revenue level once exceeded US$600,000/day.

#Live broadcast #Shipping10-08 09:33

On October 7, shipping giant Maersk stated that demand from Asia to North America remains high and ship delays are affecting trade from Asia to North America.

#Shipping futures #Shipping #ship10-07 19:06

On October 7, US Secretary of State Rubio stated that in view of the situation in the Strait of Hormuz and the Red Sea, it is very important to maintain a strong partnership with Greece.

#middle east conflict #Shipping futures #Shipping10-07 15:19

[Non-profit organization UANI said the U.S. blockade has caused dozens of Iranian oil tankers to be stranded off the coast of the country] On October 6, the non-profit organization United Against Nuclear Iran (UANI) said that the U.S. blockade on Iran has caused dozens of fully loaded oil tankers to be stranded off the coast of Iran, and some ships outside the Persian Gulf are anchored off the coast of Sri Lanka. The organization said in a shipping report released on October 5 that at least 50 tankers carrying Iranian oil are still stranded near Iran, roughly the same number as two months ago. These vessels mainly carry crude oil, but also petroleum products and liquefied petroleum gas. UANI said that there are also some empty ships anchored at anchorages across the Indo-Pacific, unable to return to Iranian ports due to the US blockade. Twenty Iranian-flagged ships are located off Sri Lanka and one off Oman.

#EA #Global market intelligence #Futures Market Intelligence #Crude oil market dynamics #Shipping #middle east conflict10-06 12:43

On October 5, Robinson Shipping Company’s stock price fell by 16%, hitting a new low in the past year.

#Shipping #U.S. stock trends10-05 22:48

[Yemen government forces say they control the Bab el-Mandeb Strait, the Houthis say the fighting is still going on] October 5, 2020 - The Yemeni government forces said on the 5th that shortly after the Yemeni Presidential Leadership Council announced the launch of Operation "Yemen Dawn", the government forces had taken control of the Bab el-Mandeb Strait, an important international shipping channel. Sources in Yemen's Houthi armed forces said the battle for control of the Bab el-Mandeb Strait continues.

#Shipping #middle east conflict10-05 17:48

On October 5, the UK Maritime Trade Operations Office (UKMTO) said it received a report of an incident that occurred 60 nautical miles south of Muha, Yemen.

#Shipping10-05 03:07

[Iraq transports 2 million barrels of crude oil out of the Strait of Hormuz for delivery] October 4th, the Iraqi Tanker Company confirmed on the 3rd that it had used a large tanker to transport 2 million barrels of crude oil out of the Strait of Hormuz and delivered it to buyers waiting outside the strait. According to company executives, this is the first time in decades that the state-owned company has delivered goods through this method. It is reported that other Gulf oil-producing countries have already adopted ship-to-ship transshipment to deliver goods outside the strait, and Iraq is already "late." Ali Qais Abdul Jabbar, president of the Iraqi Tanker Company, said in a statement that the ship-to-ship transshipment method will allow the National Petroleum Marketing Authority to have more initiative and flexibility in selling and pricing oil. Iraq previously mainly delivered goods to buyers at the southern oil port of Basra. After the outbreak of war in Iran, shipping in the Strait of Hormuz was blocked. In order to encourage buyers to come and pick up the goods, Iraq expressed its willingness to give a discount of more than 20 US dollars per barrel. (CCTV News)

#Global market intelligence #Futures Market Intelligence #Crude oil market dynamics #Shipping #middle east conflict10-04 11:33

[United Nations: The situation in the Middle East may cause 22 million more people around the world to face food insecurity] October 3rd, the United Nations Women’s Agency released a report on October 2nd, local time, stating that continued tensions in the Middle East have blocked shipping in the Strait of Hormuz, pushed up global food prices, and put pressure on people’s livelihoods. The report predicts that by the end of 2026, about 22 million new people may face food insecurity around the world, of which about 53%, or 11.7 million, are women.

#Futures Market Intelligence #middle east conflict #Food and Beverage #Shipping #Shipping futures10-03 00:20

[Three Gorges Hub has a throughput of 120 million tons in the first three quarters of 2026] October 1, according to statistics from the Yangtze Three Gorges Navigation Administration, the cumulative throughput of the Three Gorges Hub in the first three quarters of 2026 reached 120 million tons, ensuring the safe passage of 499,000 passengers, 34.492 million tons of people's livelihood supplies, and 23.689 million tons of key materials, continuing to inject strong impetus into the benefits of the Yangtze River's golden waterway and the development of local economies along the river. (CCTV News)

#Yangtze #Shipping futures #Shipping10-01 10:23

September 30th, data from the Shanghai Shipping Exchange showed that as of September 30th, the Shanghai Export Container Freight Index (Comprehensive Index) SCFI reported 3662.30 points, a decrease of 24.32 points compared with the previous period. China's Comprehensive Export Container Freight Index CCFI reported at 1923.93 points, an increase of 0.3% compared with the previous period.

#Futures Market Intelligence #Shipping #Shipping futures09-30 15:18

September 28th, shipping giant Maersk said that the "Umm Karn" became the first ship to pass through the Suez Canal in both directions.

#Shipping futures #Shipping #ship09-28 16:15

September 28th, according to data from the Shanghai Shipping Exchange, as of September 28, 2026, the Shanghai export container settlement freight index (European routes) reported 2441.81 points, down 6.5% compared with the previous period.

#Futures Market Intelligence #Shipping #Shipping futures09-28 15:34

On September 28, Qatar extended its LNG force majeure against Pakistan until November.

#middle east conflict #Energy futures #natural gas #Shipping futures #Shipping09-28 14:41

[Second-hand ships are US$15 million more expensive than new ships as buyers compete for spot cargo capacity] September 27th: Affected by tight crude oil transportation in the Middle East, the market price of very large crude carriers (VLCC) rose sharply. The transaction price of some second-hand VLCCs that are about ten years old has exceeded US$150 million, which is higher than the current average cost of new ships of about US$135 million, and ship prices have been inverted. Buyers are willing to pay high premiums just to lock in spot cargo capacity that can be put into operation immediately. The core reason for this round of ship price inversion is the difference in delivery times between old and new ships. When ordering a new ship, you need to wait for construction and delivery. If you buy a second-hand ship in stock, you can immediately put it into route operation, take on freight orders, and earn high freight costs. (CCTV Finance)

#Shipping09-27 19:58

[China’s new mutual recognition model for Peruvian inbound fruit supervision was piloted for the first time in the “Chancay-Shanghai” shipping route] September 27th, 12.2 tons of fresh blueberries were recently loaded into refrigerated containers at the Peruvian port of Chancay and shipped to Shanghai on the COSCO SHIPPING Lines WSA Line 5 “Chancay-Shanghai” express. What is different from the past is that this batch of blueberries is the first to pilot the mutual recognition model for the supervision of cold processing probes for imported fruits. As the core hub for Peruvian fruit imports, Shanghai Port carries more than 70% of the country’s Peruvian fruit import business and is a key gateway connecting the agricultural products trade between China and Peru.

#Shipping09-27 14:23

[Iranian Foreign Minister met with Saudi Foreign Minister to discuss Strait of Hormuz and other issues] On September 26th, Iranian Foreign Minister Araghchi met with Saudi Arabian Foreign Minister Faisal during the 81st United Nations General Assembly held in New York, USA on the 25th local time. During the meeting, Araghchi informed about the consensus reached between Iran and Oman on the safe shipping route in the Strait of Hormuz. The two sides also discussed and exchanged views on bilateral relations between the two countries and the joint efforts needed to strengthen ties in areas of mutual interest. (CCTV News)

#Futures Market Intelligence #Shipping #middle east conflict #Shipping futures09-26 11:54

On September 26th, the U.S. Central Command stated that as of September 25, the U.S. Central Command had guided 122 commercial ships to reroute to ensure the strict implementation of relevant measures.

#Futures Market Intelligence #Shipping #Shipping futures09-26 00:51

September 25 (Xinhua) Preliminary data on ship trajectories show that the traffic volume of commodity ships in the Strait of Hormuz has dropped to single digits.

#Shipping09-25 11:47

On September 24, the Baltic Dry Bulk Index rose 1.25% to 3,473 points.

#Shipping futures #Shipping09-24 20:03

[International Green Shipping Corridor Alliance established] On September 23, the Ministry of Transport reported that during the Global Sustainable Transportation Summit Forum (2026), the International Green Shipping Corridor Alliance was officially established. The International Green Shipping Corridor Alliance was jointly initiated by China International Sustainable Transport Innovation and Knowledge Center, COSCO Shipping Lines, French CMA CGM, China Energy Construction Group, Shanghai Port Group, etc. It is the world's first non-governmental international organization based on international green shipping corridor cooperation. Currently, the founding members of the alliance include 45 leading companies from 12 countries. Its business scope covers the upstream and downstream of the green shipping industry chain, with obvious characteristics of diversification and internationalization. In the future, the alliance will coordinate and promote cooperation in the construction of international green shipping corridors, promote the integration of domestic rules such as green ships, green fuels, and green ports with international standards, accelerate the construction of an international certification system for green marine fuels, coordinate the implementation of transportation facilitation measures, create demonstration projects with international influence, and carry out technology research and development, achievement transformation and capacity building, and become a new platform to promote the innovation and transformation of the international shipping industry.

#Futures Market Intelligence #ship #Shipping #port #Shipping futures09-23 12:45

September 22nd, data showed that Russia’s oil exports from the Black Sea port of Novorossiysk rose to 650,000 barrels per day in September, an increase of 50% from August.

#Crude oil market dynamics #port #Shipping09-22 17:39