The world's oil tanker fleet is behaving as if the Strait of Hormuz is reopening — even as the waterway itself remains only partially navigable and politically contested. From ship tracking data to freight rates, the signals are clear: owners and charterers are moving early to position vessels for a return to Gulf exports.But the gap between expectation and reality remains wide, leaving the global oil shipping system in a fragile middle ground between crisis and recovery…
The insurance cost of shipping goods through the Red Sea rose on Monday after Yemen's Iran-aligned Houthis said they were imposing a naval blockade on Saudi Arabia, escalating risks for merchant shipping, insurance industry sources said.The…
Russian steel billionaire Vladimir Lisin has sold a shipping firm operating in the Sea of Azov to companies affiliated with agricultural logistics group Demetra, four industry sources said, adding the deal was struck before Ukrainian drone attacks…
The Port of Antwerp-Bruges, against a backdrop of geopolitical tensions, trade conflicts, and operational disruptions, context handled 133.9 million tons of maritime goods in the first half of 2026, a decrease of 2.4% compared to the same period last year…
Port of Aberdeen welcomed its longest-ever vessel, the 294m-long Norwegian Star cruise ship, on July 15, 2026.The Norwegian Cruise Line vessel arrived at the port’s South Harbour from Newhaven with 2,366 guests on board and will depart for Bergen following a day-long stopover…
Container freight rates have continued to climb into July, with Drewry's World Container Index reaching $4,639 per forty-foot container on July 9, its highest level since September 2024, driven largely by rising rates on Asia-Europe trade routes…
“Global grain shipments have increased 13% y/y so far this year, supported by strong wheat, maize and soya bean exports from the Americas and Europe. Improved harvests across most major exporters have boosted their export surpluses, driving higher shipments to Asia…
Freight rates for tanker shipments of Russia's Urals crude from western ports to India have fallen in July from the previous month as summer season and increased vessel availability eased pressure on the market, according to three trading sources…
UK port and logistics business PD Ports has appointed current chief operating officer (COO) Paul Foreman as chief executive officer (CEO), succeeding Frans Calje who will step down from the position.Foreman was appointed following a competitive recruitment process…
Shipping groups Maersk and Hapag-Lloyd will resume some sailings through the Suez Canal under their Gemini joint network, Maersk said on Monday, hitting shares of both companies because of the potential impact on freight rates.The Asia-Europe…
The CMA CGM Group celebrated the naming ceremony of the CMA CGM NOTRE DAME in Le Havre, the newest vessel in its fleet.Measuring nearly 400 meters in length, 61 meters in width and with a capacity of up to 24,000 TEUs, the CMA CGM NOTRE DAME…
Swire Shipping announced the establishment of a new branch office in Dili, Timor-Leste, marking a milestone in the company's investment in Southeast Asia.The new office will be led by Darry Tan, who has spent the past two years on the ground…
Unique Group, global leaders in subsea technologies and engineering, has announced the appointment of Giovanni Corbetta as the new Chief Executive Officer (CEO), effective July 1, 2026.Giovanni brings more than three decades of leadership experience across the offshore energy…
Maritime Hub Abu Dhabi, a platform for collaboration across the emirate’s growing maritime sector, operated by Abu Dhabi Maritime and led by the Integrated Transport Centre (Abu Dhabi Mobility), an affiliate of the emirate’s Department of Municipalities and Transport…
Rio Brasil Terminal (RBT), International Container Terminal Services, Inc.’s (ICTSI) operation in the Port of Rio de Janeiro, Brazil, has taken delivery of two new quay cranes as part of its ongoing expansion and modernization program. The acquisition…
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