50+ articles
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
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
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.
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.
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
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
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...
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.
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.
( 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...
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 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
The Week 18 thesis that the blockade had hardened into a structural reality has been challenged, though not overturned, by the most consequential diplomatic move since February 28. Brent collapsed from the April 30 high of USD 126.
[By Nathan Attrill]China’s pressure on Taiwan increasingly relies on vessels that aren’t warships. Instead, Beijing is deploying a maritime grey-zone...
Under Alexander Gumbs' leadership, St. Maarten has become the leading port in the Caribbean and a perennial tourist favorite.
Two Spanish police officers were killed during a high-speed boat chase off the coast of Andalusia, on the Atlantic side of the Strait of Gibraltar, t...
The expedition cruise ship Hondius is under way for the Canary Islands, where she expects to disembark passengers and crewmembers under an exceedingl...
Improved revenues from price increases and lower costs helped the U. S.
Bunker fuel demand across key Middle Eastern ports declined in April as the war created uncertainty about ship movement and constrained fuel supply, although activity at some Omani ports recovered gradually, five market participants, including traders and suppliers, told Platts, part of S&P Global Energy, May 6. F
Bank ship finance for Greek shipping recorded a very impressive leap upwards from 5% in 2024 to 11. 5%, bringing the overall Greek loans (both drawn and committed but undrawn) booked both in Greece and worldwide to a total of $59,687.
Norway’s DNO plans to add four North Sea oil fields to its upstream operations by 2029, while production and investments in northern Iraq will be lower than planned in 2026 after fields were temporarily halted when the US-Iran war started, the company said in a May 7 earnings statement. North Sea net production
For many years, World Container Index (WCI) has been the go-to, independent, global reference for index-linked contracts. If your organisation is considering index-linked contracts or requires regional visibility/coverage beyond the eight trade lanes provided below, contact our ocean freight cost benchmarking team.
ABS, HD Hyundai and Anduril Industries have signed a memorandum of understanding (MOU) to explore autonomous maritime capabilities. The MOU establishes a framework for the organizations to enable end-to-end solutions encompassing vessel design, production, autonomy and classification for autonomous surface vessels.
The Convention, officially the United Nations Convention on the International Effects of Judicial Sale of Ships, entered into force on 17 February. The Convention is intended to address the transborder effects of judicial sales and aims to clarify the legal uncertainty regarding the clean title which the judicial sale
Iraq has discovered an oil field with more than 8. 8 billion barrels of reserves near the southern border of Najaf province with Saudi Arabia, according to a news report.
Mara Kruze has been named the recipient of the British Tugowners Association (BTA) Tug Trainee of the Year Award 2026, announced at the BTA Annual Conference on 7 May. Mara was presented with the award by UK Chamber of Shipping President Karrie Trauth and Captain Neil Atkinson MNM MSc CMMar FNI, Head of Fleetwood Naut
The Indian local market remains good, with overall sentiment holding steady.   Source: Best Oasis Limited
Disruption is familiar. The market’s response to it no longer is.
Conventional wisdom holds that gold protects investors during war and inflation. The Iran conflict has turned that assumption on its head.
Most conventional plastics are made from oil and gas and production costs have increased recently as a result of the closure of the Strait of Hormuz in the Middle East. That means when the price of those raw materials rise, the cost of producing plastic often rises too, creating incentives to reduce wasteful use, expa
The U.S. military on Thursday said it had responded in self-defense against Iranian attacks on three American warships that transited the Strait of Hormuz. The development came after Tehran’s state media earlier in the day said the country was reviewing a fresh proposal to end…
For the second time in a month, carriers must decide whether passage through the Strait of Hormuz is safe after on-again, off-again peace talks, and one shipping analyst expects shipping lines to exercise caution. Lars Jensen, president of consultancy firm Vespucci Maritime, said he expects carriers to exercise extrem
In the global narcotics trade, transnational criminal networks are consolidating their hold on the Pacific drug highway. Technology is enabling these...
The landlocked East African nation of Burundi is racing against time to rebuild its main port facility that was damaged by flood waters in late 2023...
MED MARINE is proud to announce the successful delivery of the DRAfter 2400 conventional tugboat built for SEKAVIN, crowned with a plaque presentation...
Ohio headquartered manufacturer Advanced Polymer Coatings (APC) has completed the first ever application of its MarineLINE coating system on a Jones A...