The Trump administration is rolling out nearly half a billion dollars in new port funding, with the U.S. Department of Transportation’s Maritime Administration announcing $488.6… Weiterlesen »Trump DOT Rolls Out $488M Port Funding Push to ‘Restore Maritime Dominance’

Container freight rates pushed higher for a fourth straight week, as rising fuel costs and ongoing disruption in the Middle East begin feeding directly into… Weiterlesen »Container Rates Extend Rally as Hormuz Crisis Drives Fuel Costs Higher

A Turkish-owned tanker carrying Russian petroleum product was struck overnight by a suspected uncrewed surface vessel (USV) in the Black Sea, in what appears to… Weiterlesen »Ukraine USV Strike Leaves Laden Russian Tanker Adrift Near Bosphorus

The Iranian commander who spent years threatening—and ultimately executing—Tehran’s campaign to pressure global shipping in the Strait of Hormuz has reportedly been killed, according to… Weiterlesen »Iranian Navy Chief Killed After Years of Threats, Seizures, and Hormuz Disruption

Yemen’s Houthi forces stand ready to strike the Bab al-Mandab Strait in solidarity with Iran, threatening to revive Red Sea shipping chaos. The move could… Weiterlesen »Houthis Signal Red Sea Revival as Bab al-Mandab Emerges as Next Flashpoint

The Iranian parliament is working on a draft bill that would impose a fee on vessels seeking safe passage through the Strait of Hormuz, according… Weiterlesen »Iran Drafting Law to Introduce Tolls for Hormuz Transit

Hapag-Lloyd delivered solid operational performance in 2025, but a sharp drop in freight rates and rising disruption costs pushed earnings significantly lower as the container… Weiterlesen »Hapag-Lloyd Profit Drops Sharply in 2025, Warns of Tougher Year Ahead

German shipping company Hapag-Lloyd HLAG.DE is incurring additional costs of $40 million to $50 million per week due to the ongoing conflict in the Middle East, a burden described as “not… Weiterlesen »Hapag-Lloyd Faces $40 Million to $50 Million Weekly Costs Due to Middle East Conflict

Russia’s top oil port in the Baltic Sea resumed loading days after it came under attack from Ukrainian drones, although the company that pipes crude… Weiterlesen »Key Russian Oil Port Resumes Loading Amid Attempt to Divert Flow

The U.S. Coast Guard has issued a request for information (RFI) as it moves forward with plans to acquire up to seven new light icebreakers… Weiterlesen »U.S. Coast Guard Announces Plans to Acquire Up to Seven New Light Icebreakers