Fuel oil shipping

Dirty product tanker markets, fuel oil voyages, freight economics and the tonnage that moves residual fuel cargoes.

A large oil tanker navigating through a strait, with land visible in the background.

Tanker Struck in Strait of Hormuz Amid Shipping Disruptions

A tanker was reportedly struck by a projectile in the Strait of Hormuz, according to the UK Maritime Trade Operations, as shipping disruptions continue in the critical chokepoint.

27 Aug 2026 · GCP Newsroom · 2 min read

Containers being loaded onto a train at an intermodal terminal

Freight

Reefer Rejections Remain High Amidst Intermodal Savings

Refrigerated freight rejections continue to be elevated, contrasting with a cooling trend in van and flatbed rejections, as intermodal transport offers significant cost savings.

27 Aug 2026 · GCP Newsroom · 2 min read

A large bulk carrier ship transporting commodities across the ocean.

Freight

Baltic Dry Index Rises to 3107 Points

The Baltic Dry Index, which tracks global shipping costs for dry bulk commodities, increased by 51 points to reach 3107 points on Thursday, August 27, 2026.

27 Aug 2026 · GCP Newsroom · 2 min read

Container ship sailing on the ocean, laden with cargo containers.

Freight

Chinese Container Liners Anticipate Profit Surge Amid Rate Hikes

Chinese container shipping companies are expected to see a substantial increase in earnings, aligning with trends observed among their regional and international counterparts, as freight rates reach a two-year peak.

27 Aug 2026 · GCP Newsroom · 2 min read