U.S. and Israeli attacks on Iran and Tehran’s reprisals have doubled the price of insuring shipments to the Middle East and the Gulf in the last week,… Weiterlesen »Middle East Conflict Drives Spike in War Risk Insurance Costs

Despite numerous threats throughout its history, the Strait of Hormuz has never been fully closed to maritime traffic—a testament to its critical importance in global… Weiterlesen »The Strait That Never Shuts: History and Markets Defy Iran’s Latest Hormuz Threat

U.S. Transportation Secretary Sean P. Duffy delivered a candid keynote address to the U.S. Merchant Marine Academy’s Class of 2025 graduation ceremony on Monday, acknowledging… Weiterlesen »DOT Secretary Duffy Pledges Support for Merchant Marine Academy Amid Infrastructure Challenges

The maritime industry’s leading ship management body has issued a strong call against the criminalization of seafarers ahead of the global Day of the Seafarer… Weiterlesen »InterManager Takes Stand Against Seafarer Criminalization Ahead of Day of the Seafarer

U.S. strikes on several Iranian nuclear sites represent a meaningful escalation of the Middle East conflict that could lead Tehran to disrupt vital exports of oil and gas from the… Weiterlesen »Opinion: Iran Oil Doomsday in Hormuz May be More Fear Than Reality

Maritime security firms have issued urgent advisories following U.S. military strikes on Iranian nuclear facilities, warning of heightened risks to commercial shipping in the Middle… Weiterlesen »U.S. Strikes in Iran Raise Alarms Over Security of American-Affiliated Ships in Middle East

South Korean shipbuilder HD Hyundai has entered into a strategic partnership with Edison Chouest Offshore (ECO) to construct commercial vessels in the United States. The… Weiterlesen »Edison Chouest, HD Hyundai Team Up to Bring Dual-Fuel Containership Construction to U.S.

At least two supertankers made U-turns near the Strait of Hormuz following U.S. military strikes on Iran, shiptracking data shows, as more than a week… Weiterlesen »Tankers U-turn, Zig-Zag, Pause Around Strait of Hormuz

Russia’s Yamal LNG project has dispatched the first gas carrier in the direction of Asia via the Northern Sea Route. Two nuclear icebreakers, Yamal and… Weiterlesen »Russian Nuclear Icebreakers Clear Path For First LNG Delivery of the Year to Asia via Arctic

By Curtis Williams HOUSTON, June 22 (Reuters) – The Shell-led SHEL.L LNG Canada project has produced the first liquefied natural gas for export from its facility in Kitimat, British Columbia, two… Weiterlesen »LNG Canada Produces First Liquefied Natural Gas For Export