The U.S. attack on an Iranian warship in the Indian Ocean this week was the first time since World War Two that the United States has sunk… Weiterlesen »Iranian Warship Sunk by US Torpedo Participated in Indian Drill

France has reached out to the governments of Italy and Greece to coordinate efforts in the Eastern Mediterranean as tensions over the war in Iran… Weiterlesen »France, Italy, Greece to Help Ensure Red Sea Shipping Transit

A tanker anchored off Kuwait reported a large explosion late Tuesday followed by the departure of a small craft from the area, raising fresh concerns… Weiterlesen »‘Large Explosion’ Reported on Tanker Near Kuwait as Small Craft Seen Fleeing, UKMTO Says

The U.S. Court of International Trade has ordered U.S. Customs and Border Protection to begin unwinding tariffs imposed under the International Emergency Economic Powers Act… Weiterlesen »Trade Court Ruling Opens Door to Tariff Refunds for U.S. Importers

It’s never been more expensive to ship crude from the US to Asia, though some deals are starting to fall through already with rates sky-high.

Commercial shipping through the Strait of Hormuz has slowed to a near standstill as missile attacks, drone threats, and widespread electronic interference continue to rattle… Weiterlesen »Strait of Hormuz Traffic Grinds to Near Halt as Security Threat Remains ‘Critical,’ Advisory Warns

Qatar declared force majeure on LNG exports amid the U.S.-Israeli war on Iran, shutting down facilities that supply 20% of global liquefied natural gas. The… Weiterlesen »Qatar LNG Shutdown Sends Global Gas Markets Into Turmoil

The European Commission on Wednesday unveiled sweeping new strategies aimed at strengthening Europe’s maritime industrial base and modernizing its ports, as Brussels seeks to boost… Weiterlesen »EU Unveils Maritime Industrial and Ports Strategies to Boost Shipbuilding, Security, and Decarbonization

A containership transiting the Strait of Hormuz was struck by a projectile on Wednesday, damaging the vessel and forcing the crew to abandon ship in… Weiterlesen »Containership Hit by Projectile in Strait of Hormuz as Maritime Attacks Escalate

An Iranian Navy warship has been sunk by a U.S. Navy attack submarine in the Indian Ocean, marking what U.S. officials say is the first… Weiterlesen »U.S. Submarine Torpedoes Iranian Frigate in Indian Ocean in First Wartime Strike of its Kind Since World War II