News

Kharg Terminal Activity Resumes as Iran Tanker Traffic Shifts Iranian tanker activity is showing signs of renewed movement, with the ... Read more

Port Bottlenecks Threaten Shipping as Demand Stays Strong Strong container shipping demand is colliding with growing port and landside congestion, ... Read more

Drewry World Container Index Rises as Transpacific Rates Climb The Drewry World Container Index increased 1% to $4,339 per 40ft ... Read more

HNS Convention to Enter Into Force in November 2027 The global maritime liability regime for ships carrying hazardous and noxious ... Read more

Kazakh Crude Disruptions Drive Black Sea Tanker Rates Higher Kazakh crude exports through the Caspian Pipeline Consortium (CPC) terminal are ... Read more

Japan Proposes Softer IMO GFI Targets at MEPC 85 Japan has proposed easing future greenhouse gas fuel intensity targets under ... Read more

Dry Bulk Market Strengthens as Baltic Index Jumps 14% The dry bulk market strengthened sharply in Week 32 of 2026, ... Read more

Turkey Restricts Black Sea-Bound Vessel Traffic Turkey has reportedly restricted some vessels from passing through the Dardanelles towards the Black ... Read more

Strait of Hormuz Disruption Reshapes Global Energy Trade Disruptions in the Strait of Hormuz have significantly reduced exports of energy, ... Read more

Dorian LPG Reports Record Quarterly Profit as VLGC Market Strengthens Dorian LPG reported record financial results for the first quarter ... Read more

East of Suez Bunker Supply Tightens Amid Hormuz Tensions Bunker fuel availability across the East of Suez region remains under ... Read more

Dry Bulk Market Holds Firm Despite Growing Demand Risks The global dry bulk shipping market continues to trade at historically ... Read more

India Leads Asia’s Refined Fuel Demand Recovery India is emerging as the key driver of refined petroleum product demand across ... Read more

Hull War Insurance Cover Updated as High-Risk Areas Expand Marine war risk insurers have cancelled and reissued Hull War policies ... Read more

China’s Crude Oil Imports Fall Sharply in Q2 2026 China’s crude oil imports declined significantly during the second quarter of ... Read more

Fujairah Fuel Oil Stocks Jump in July Fuel oil inventories in Fujairah have increased sharply during July, supported by a ... Read more

Bahri Posts Record Q2 Profit Saudi shipping and logistics company Bahri reported a record net profit of SAR 2.75 billion ... Read more

US Sanctions Hormuz Insurance Network The United States has imposed new sanctions on two Iranian companies and eight tankers, alleging ... Read more

Greta Shipping and Hapag-Lloyd Restore India-Gulf Service Greta Shipping and Hapag-Lloyd have resumed their joint India Gulf (IG1) service, strengthening ... Read more

CMA CGM Expands Port Investment Platform CMA CGM has completed the formation of United Ports, a new joint venture with ... Read more

ClassNK Updates Container Ship Firefighting Guide Classification society ClassNK has published the second edition of its guidelines for additional firefighting ... Read more

Drone Warfare Expands Shipping Risk Zones Long-range drone attacks are reshaping global maritime risk by extending security threats beyond traditional ... Read more

Cargo Ship Sinks After Black Sea Missile Attack A merchant vessel struck by Russian cruise missiles off Ukraine’s Odesa coast ... Read more

Houthi Blockade Reshapes Saudi Oil Shipping The Houthi movement’s newly declared maritime blockade against Saudi Arabia is creating fresh challenges ... Read more

Black Sea Attacks Push Grain Prices Higher Global grain markets extended their rally after renewed attacks on Black Sea shipping ... Read more

Houthis Claim Attack on Saudi Tankers Yemen’s Houthi movement has claimed responsibility for attacks on two Saudi-flagged oil tankers in ... Read more

DP World Expands Fujairah Port Capacity DP World has confirmed plans to develop new container and general cargo terminals at ... Read more

Panama Canal Suspends Close-In Transit Auctions The Panama Canal Authority has temporarily suspended auctions for certain close-in transit slots as ... Read more

Grounded Tanker Raises Environmental Concerns off Oman Omani authorities are responding to a growing environmental threat after the sanctioned tanker ... Read more

Two Dynacom Tankers Damaged in Separate Incidents Near Hormuz Two tankers managed by Greek shipping company Dynacom Tankers were damaged ... Read more