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April 10, 2026
A British official who was aware of the discussions said that Britain would convene the latest round of talks next week with its allies to discuss a way to open up the Strait of Hormuz for shipping without paying tolls to Iran. The official…
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March 23, 2026
The number of ships diverting around the Cape of Good Hope is increasing, as the Middle East war has reshaped global shipping routes. This boosts the role of Africa as a hub for bunkering. Since late 2023 when Houthi attacks against Red?Sea?shipping?began…
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March 9, 2026
Analysis from ship tracking?platforms Kpler?and Lloyd's List?Intelligence on Monday showed that a?Greek operated oil tanker?sailed?through the Strait?of Hormuz?with?a?cargo?of Saudi Arabian crude?and its destination listed as India. MarineTraffic data showed that the Shenlong Suezmax tanker…
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March 4, 2026
Shipping sources reported that the crew of the Maltese container ship Safeen Prestige abandoned ship after it was damaged by a projectile as it sailed towards?the top of the Strait of Hormuz? on Wednesday. Vanguard, a British maritime risk management company…
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February 24, 2026
The Pentagon announced?on Tuesday that U.S. forces had intercepted a sanctioned tanker in the Indian Ocean, after tracing it from Caribbean waters. This was the third interdiction of this kind in the region. Washington has stepped up its blockade of vessels going to or from Venezuela…
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February 24, 2026
Industry sources claim that the cost of shipping crude oil has risen?to its highest level in six years. This is due to a surge of crude exports out of the Middle East, as traders rush to book charters before a possible conflict between the U.S.
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February 16, 2026
Hapag-Lloyd, a German shipping company, announced on Monday that it would purchase Israel's ZIM for $4.2 billion. This will cement its position as the fifth-largest group in the world. The deal was met with a backlash from Israelis, as ZIM employees at the Haifa headquarters went on strike…
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February 4, 2026
Hong Kong's CK Hutchison announced on Wednesday that its Panama Ports Company has begun international arbitration proceedings against Panama, after the country’s top court annulled their licences to run two Panama?Canal port. This case could take many years to resolve.
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January 29, 2026
Mitsui O.S.K. Lines, Japan’s second largest shipping?company said on Thursday that it had agreed with PSA Singapore to form a joint venture for the development of a RoRo terminal in Singapore. The joint venture agreement will allow 'Mitsui to…
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June 23, 2025
Insurance sources reported on Monday that war risk insurance rates for shipments into the Middle East Gulf region have increased to 0.5%, up from 0.2-0.3% one week earlier. This is due to U.S. strikes on Iran's nucleus facilities and the growing dangers to the Strait of Hormuz.
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June 20, 2025
Maersk, a container shipping company, announced on Friday that it temporarily suspended vessel calls to Israel's Haifa Port due to regional tensions. The Danish company stated that it had not experienced any other disruptions in its planned operations in the area.
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June 17, 2025
Mitsui O.S.K., Japan's second-largest shipping company. Lines (MOL), Malaysia's Misc Bhd, and Petroliam Nasional Bhd(Petronas), have formed a joint-venture. It said Tuesday that it will operate Liquefied carbon dioxide (LCO2) carriers. MOL announced that the joint company Jules Nautica Sdn.
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May 22, 2025
Poland is investigating whether explosive devices have been planted after a Russian "shadow fleet's" ship was seen suspiciously moving near a cable connecting Poland and Sweden on Wednesday. According to Polish Prime Minister Donald Tusk, Poland will be looking into the matter.
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May 14, 2025
Hapag-Lloyd's CEO Rolf Habben Jansen said on Wednesday that the company is experiencing a higher demand this week for freight traffic between China and the United States, following the detente reached in the trade dispute between the two countries.
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May 12, 2025
Maersk, a Danish shipping company, said that on Monday the agreement between China & the United States on a 90-day suspension of tariffs & reciprocal duties is a positive step. At 0948 GMT, shares of Maersk were trading 12.9% higher. In an email…
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May 8, 2025
Shipping group A.P. Moller-Maersk reported a first-quarter operating income that was above expectations on Thursday and maintained its profit forecast for the full year. In a press release, CEO Vincent Clerc stated that "we delivered strong results in comparison to the same quarter of last year.
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May 2, 2025
The Peruvian Defense Ministry announced on Friday that two people were killed and another was missing after a Peruvian Navy vessel collided on the Amazon River with a Perenco oil platform. The B.A.P. was navigating the area during a transit operation.
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April 27, 2025
According to a Turkish filing, CEVA Corporate Services, a subsidiary of French shipping giant CMA CGM, has agreed to buy Borusan Tedarik Zinciri Cozumleri ve Teknoloji's logistics division for $440m. Borusan Yatirim stated in the filing on the…
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April 2, 2025
Maersk, the Danish shipping company, has seen a strong demand from the United States this year. It expects it to continue. However, President Donald Trump's proposed tariffs could cloud its outlook. Maersk published its regular global market forecast before Trump…
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February 5, 2025
Hapag-Lloyd, a container shipping liner, will be able cope with U.S. Tariffs on Chinese Products. This was the chief executive's message to reporters on Tuesday. Rolf Habben Jansen, CEO of Rolf Habben Jansen, said that it was too early to panic…
