At Posidonia 2026, Lloyd's Register launched a Newbuild Advisory Service and an updated New Construction Guide, drawing on experience from more than 500 newbuilding projects. Sherry Li, LR's Global Head of New Construction, put the problem plainly: selecting the right shipyard has become more complex as owners balance delivery schedules, fuel readiness, and technical capability simultaneously. Source: InterManager, 'Lloyd's Register strengthens newbuild capabilities as complexity grows for...

On 30 May 2026, the Shanghai Containerized Freight Index global composite closed the week at 2,572 points, up 16% from the week before and exactly double its level in late February, before the United States and Israel struck Iran. Hapag-Lloyd CEO Rolf Habben Jansen described what shippers were feeling in plain terms: when importers pay more for ocean freight, it is the same as going to the petrol station and finding a higher price posted. Source: Lloyd's List, 'Hormuz crisis side effect: a...

Quick Answer: Handymax bulk carriers are dry bulk vessels of 40,000–59,999 DWT, typically 150–200 metres in length with five cargo holds and four deck cranes. The segment includes two main sub-types: Supramax (50,000–59,999 DWT) and the larger Ultramax (60,000–65,000 DWT). They trade minor bulks, grains, fertilisers, steel products, and coal globally, and are tracked commercially via the Baltic Supramax Index (BSI). In twenty years of shipbroking, including my time fixing bulk carriers at...