50+ articles
In a rare occurrence, a fishing vessel that was the subject of intense investigations after her capsizing and sinking in the UK waters will be used to...
While the exploration cruise ship Hondius has now reached Tenerife and passengers are being evacuated to specialist medical facilities in their home...
Lower-income Americans sharply reduced their gas consumption in the month following the Iran war, yet spiking prices still forced them to spend more at the pump, worsening the economy’s economic disparities, new research released Wednesday showed. Higher-income households, meanwhile, ratcheted up their spending on gas
Ukraine has struck another Russian Navy Karakurt Class corvette, an as-yet-unnamed vessel which was hit on May 7 while at sea off its home port of Ka...
Chinese officials highlighted the naming ceremony for the new vessel, OOCL Wisdom. The ship is the largest capacity methanol-fueled containership, and...
A significant trend is underway in the tanker market, with a switch from clean to dirty tankers underway. In its latest weekly report, shipbroker Gibson said that “clean to dirty switching first gathered pace in the fourth quarter of 2025 with recent geopolitical developments further accelerating dirty ups in recent m
Capesize The market strengthened convincingly over the course of the week, with momentum building steadily from an already active start in the Pacific following the UK bank holiday. Early support came primarily from robust Pacific activity, where the consistent presence of all three major miners on C5, coupled with a
As the Strait of Hormuz enters its eleventh week of effective closure with hundreds of vessels at anchor and roughly one-fifth of the world’s seaborne oil trade at a standstill, a recurring question asked by industry leaders globally is: does this trigger force majeure? The answer depends on the precise wording
Product tanker owners are posting record earnings as the closure of the Strait of Hormuz forces long-haul voyages from the Atlantic Basin to replace Middle East volumes, executives at two major ship owning companies said in May 7 earnings calls. International Seaways reported a blended average spot time charter equiva
Clean LR2 The TC1 75kt MEG/Japan index remained flat around the WS550 mark this week. A voyage west also saw the TC20 90kt MEG/UK-Continent index also continued around the $10.
A liquefied natural gas (LNG) tanker that recently shifted to a Russian flag appears to be loading fuel from a U. S.
When the Strait of Hormuz effectively closed to commercial traffic, 53 container vessels belonging to the world’s top shipping lines found themselves trapped inside the Persian Gulf. Two months on, Kpler’s Container Intelligence data paints a stark picture: 79% are still waiting.
In early December 2025, local media and the Malaysian Maritime Enforcement Agency (MMEA) reported on a general cargo ship M/V KAYO whose crew were rescued after the vessel sent out a distress signal off Malaysia’s east coast in the South China Sea. The vessel was experiencing heavy listing, with the risk of possible l
A common concern of maritime chief engineers, regarding vessel engine damages, is the presence of highly abrasive “catfines” within marine fuel. To fully understand the seriousness of this issue, we first need to understand the source of the problem.
Global seaborne jet fuel exports continued to fall month-on-month and reached seasonal lows in April. Energy flows from the Middle East Gulf (MEG) remained constrained amid ongoing disruptions to transit through the Strait of Hormuz.
Indian conglomerate Thermax plans to develop a bio-methanol production plant at Deendayal Port (Kandla) in Gujarat, India, targeting future bunkering demand. The facility is initially expected to produce around 5 mt/day of bio-methanol and has a planned annual production capacity of up to 18,000 mt.
March marked the first positive trend in schedule reliability since the start of the year, but these developments should not be taken at face value. Global on-time performance rose sharply from 27% to 36% of on-time arrivals after 4 consecutive months of deterioration beginning in Q4 2025.
The chief executive of Maersk, one of the world’s largest shipping companies, said last week that one of its commercial vessels was able to successfully pass through the Strait of Hormuz thanks to a “very well executed mission” by the U. S.
Platts, part of S&P Global Energy, has launched a new VLCC tanker freight assessment for the 270,000-mt Yanbu to Far East route, effective May 4. The assessment launch follows extensive industry consultations, analysis of market data and direct feedback from market participants since the start of the US-Israel war
ABS and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) signed a memorandum of understanding to cooperate on digital technologies to strengthen safety and performance in shipbuilding. The agreement establishes a framework for the organizations to collaborate on Digital Threads, secure and integrated flows o
The AiP marks an early technical milestone for a standardised floating production concept aimed at complex offshore conditions. Lloyd’s Register (LR) has granted Approval in Principle (AiP) to Wison New Energies for a new harsh environment FPSO design featuring an internal turret mooring system.
DP World has launched a first-of-its-kind cargo war risk insurance solution to help businesses navigate disruption across Middle East trade routes, where traditional insurance has become fragmented, costly and often unavailable. The solution provides continuous coverage across the entire supply chain, from ocean or ai
APM Terminals Japan, a Maersk Group company, has signed a long term offsite corporate Power Purchase Agreement (herein the “PPA”) with FPS Inc. , sourcing renewable electricity to power its operations at the Port of Yokohama.
China’s surging semi-finished steel exports, led by slab shipments, are partially offsetting weaker finished steel exports in 2026 so far, as antidumping measures have mainly targeted finished steel shipments. China’s semi-finished steel exports, which face almost no antidumping measures globally, remain o
Among the concluding serials of Exercise Balikatan, the Philippines and Japan jointly conducted a live ground-launched anti-ship missile test off the...
The ongoing surge in activity by Somali pirates continues to raise concerns, with a new warning that another group may be on the prowl for a merchant...
(www.MaritimeCyprus.com) This annual report summarizes the port State control developments and activities of the Tokyo MOU in 2025. Moreover, the report also provides port State control statistics and analysis on the results of inspections carried out by member Authorities…
South Korea continues its investigation into the damage to an HMM general cargo ship on May 4 while in the Persian Gulf. To put an end to the various...
Passengers began disembarking from the exploration cruise ship Hondius on Sunday in Tenerife and are being immediately evacuated by their individual...
In actions, which can probably best be interpreted as an attempt to maintain pressure on the United States in the context of ongoing negotiations, on...
The crew and stevedores had completed loading a cargo of shea nuts on a general cargo vessel. Before departure, two persons arrived on board to distribute fumigating agent (a phosphine emitting agent).
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In February 2026, the U.S. Court of Appeals for the Fifth Circuit issued a major decision that caught the attention of shipowners, bunker suppliers, charterers, and maritime lawyers around the world. The case – Three Fifty Markets, Ltd. v. M/V ARGOS M, et al.
The demand for “thrusters” on recreational and commercial vessels has increased rapidly in recent years, providing vessels with enhanced capabilities. Increasing a vessel’s manoeuvrability, making its steering more precise, to accurately control course and position offers greater versatility.
As a vessel construction manager with extended building experience in both the U. S.
Today’s headlines bring constant news of international shipping hubs across the global supply chain experiencing major volatility and disruption – from Iran sending shockwaves through global energy markets by forcefully obstructing vessel traffic in the Strait of Hormuz…
Borderlands Mexico is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week in Borderlands Mexico: Trade, trucking dominate Port of Eagle Pass annual summit; Avant Technology receives Texas grant for Pharr factory expansion; and SEG Solar to build 4 GW solar m
In a recent interview, Jassy explained how Amazon built its logistics network for its own retail business – and why it’s now offering those services to companies of all sizes: Amazon CEO Andy Jassy says Amazon’s new offering – Amazon Supply Chain Services – is a way to extend its logistics expertise to busi
Chart of the Week: National Truckload Index– USA SONAR : NTI. USA International Roadcheck is a 72-hour period when members of the Commercial Vehicle Safety Alliance (CVSA) conduct a heightened period of inspections on commercial vehicles.
In imagery taken by the Sentinel-2 satellite on May 9, the sanctioned Iranian-flagged dark fleet tanker Sevda (IMO 9172040) appears to be damaged and...
( www.MaritimeCyprus.com ) Every year 6.4 million tons of plastic are dumped into the ocean. 100,000 marine life die each year from plastic entanglement. The Great Pacific Garbage Patch is a collection of marine debris in the North Pacific Ocean. 80% of the debris is from…
An unexpected release of up-to-date Sentinel-2 satellite imagery covering the Arabian Sea and CENTCOM area on May 6 and 7 has enabled analysts to gai...
Hapag-Lloyd has launch a podcast with its CEO Rolf Habben Jansen. “Straight Talk” will provide insights into global trade developments, container shipping and key topics that shape the day-to-day decision-making at Hapag-Lloyd.
Image for representation purposes only More than 70 ships are being prevented from entering or leaving Iranian ports as the American naval blockade continues. In a post on X, CENTCOM mentioned that these vessels can carry over 166 million barrels of Iranian oil, valued at around $13 billion.
Image for representation purposes only One sailor was killed and four others remain missing after a reported US strike on an Iranian cargo vessel near the Strait of Hormuz and the Gulf of Oman, according to Iran’s Mehr news agency. Mohammad Radmehr, governor of Minab county in southern Iran, said rescue teams recovere
Image for representation purposes only The biggest fear among the 20,000 seafarers stuck on 1500 ships in the Strait of Hormuz is not food or water, but death by a missile strike or resultant fire. Stephen Cotton, general secretary of the International Transport Workers’ Federation, said in an interview with CBC
Image Credits: oocl Orient Overseas Container Line has named its first methanol dual-fuel container vessel, OOCL Wisdom , which is currently the world’s largest ship of its kind. The naming ceremony took place on May 8, 2026, at the shipyard of Nantong COSCO KHI Ship Engineering Co.
Image for representation purposes only Iran’s Navy has seized the oil tanker Ocean Koi in the Gulf of Oman, accusing the vessel of attempting to disrupt the country’s oil exports. In a statement issued on Friday, Iran’s Army said the operation was conducted under a court order and approved by the country’s Supreme Nat
Image for representation purposes only The United States is preparing a medical repatriation operation to bring home American passengers from the expedition cruise ship MV Hondius after a hantavirus outbreak on board killed three passengers. The U.
Image for representation purposes only A British company has revealed an automatic landing and takeoff platform to support VTOL drone operations in challenging maritime environments. The system developed by WaiV Robotics enables the launch and recovery of drones from moving vessels in open seas and even in rough weath