U.S. Defense Secretary Pete Hegseth said on Friday that a U.S. blockade on Iran is going global, adding Tehran had a chance to make a “good deal”… Weiterlesen »Pentagon Chief Hegseth Says US Blockade on Iran ‘Going Global’

Container freight spot rates on the Asia-Europe trades largely returned to pre-Iran conflict levels this week, as container supply chains settled after the war’s outbreak… Weiterlesen »Iran Conflict Premium Fades From Asia-Europe Box Rates

Washington’s headline-grabbing maritime insurance backstop for the Strait of Hormuz appears stuck on the launchpad. Comments this week from Chubb Chairman and CEO Evan Greenberg suggest the… Weiterlesen »Chubb Says U.S. Hormuz Insurance Backstop Stalled as Military Convoys Fail to Materialize

European Union countries agreed on Friday to keep pushing for a global price on shipping’s CO2 emissions in U.N. talks next week, setting up another… Weiterlesen »EU Revives Fight for Global Shipping Carbon Price, Setting Up IMO Clash With U.S.

President Donald Trump said Thursday that Navy Secretary John Phelan was fired following conflicts with senior Pentagon leadership over shipbuilding, offering the clearest explanation yet… Weiterlesen »Trump Says Shipbuilding Clashes Led to Navy Secretary Phelan’s Firing

The Trump administration is preparing to extend its controversial Jones Act waiver for up to 90 days, a move that would deepen an already contentious… Weiterlesen »Trump Moves to Extend Jones Act Waiver 90 Days as Maritime Industry Says Fuel Relief Never Came

Iran’s use of a swarm of small, fast boats to seize two container ships near the Strait of Hormuz could undermine suggestions U.S. forces have disabled its… Weiterlesen »Iran’s Swarm Tactics Show Why Hormuz Is Far From Safe

The Panama Canal is pushing back against renewed concerns over congestion, telling the maritime industry it is handling rising traffic volumes efficiently even as geopolitical… Weiterlesen »Panama Canal Traffic Climbs as Officials Downplay Congestion Fears

US and Iran tensions grew over the Strait of Hormuz with both sides maintaining their blockades of the critical waterway, creating an uneasy standoff with… Weiterlesen »US-Iran Tensions Build Over Hormuz in Absence of Peace Talks

Fresh warnings from the world’s largest shipping association are underscoring how far the Strait of Hormuz remains from normal, even as new comments from President… Weiterlesen »BIMCO Warns Hormuz Reopening Hinges on Mine Clearance as Trump Orders Sweep Surge