Iran’s Islamic Revolutionary Guard Corps (IRGC) warned ships to keep to a route passing through its territorial waters when crossing the Gulf’s Strait of Hormuz as traffic on… Weiterlesen »Hormuz At Near Standstill as Iran Warns Ships to Keep to Its Waters

Order follows success of vessels in operation with Turkish Coast Guard Command Recently, Damen Shipyards Antalya hosted a kick-off meeting attended by delegations from the UN’s International… Weiterlesen »Damen, IOM, Turkish Coast Guard, and European Union hold kick-off meeting for latest SAR vessel order in Antalya

Two fully laden Chinese oil tankers are waiting near the Strait of Hormuz with a third on its way, putting them in a position to… Weiterlesen »China Tankers Join Line to Test Hormuz Exit and Iran Truce

Russia is seeking to leverage a global natural gas supply crunch to lure energy-starved South Asia into purchasing shipments from its US-sanctioned facilities, according to… Weiterlesen »Russia Offers Sanctioned LNG to Energy-Hungry Asia at a Discount

U.S. President Donald Trump vowed to retain military assets in the Middle East until a peace deal with Iran is reached and warned of a major escalation… Weiterlesen »Trump Warns of Major War Escalation If Iran Peace Process Fails

The Trump administration has insisted the Strait of Hormuz is open following the ceasefire, but early shipping data suggests otherwise. Vessel movements remain extremely limited,… Weiterlesen »Shipping Avoids Hormuz Lanes as Iran Pushes Vessels Toward Controlled Corridors

U.S. container imports are facing growing pressure from tariffs and rising fuel prices, even as the conflict involving Iran has yet to significantly disrupt cargo… Weiterlesen »Fuel Costs, Tariffs Cloud Outlook for U.S. Container Imports

Hong Kong conglomerate CK Hutchison has launched arbitration proceedings against Danish shipping group A.P. Moller-Maersk over the takeover of key ports near the Panama Canal,… Weiterlesen »CK Hutchison Launches Arbitration Against Maersk Over Panama Canal Port Dispute

U.S. President Donald Trump said on Wednesday that imports from countries supplying Iran with military weapons will face immediate 50% tariffs with no exemptions, announcing the threatened… Weiterlesen »Trump Announces 50% Tariffs on Nations Supplying Iran With Weapons

Russia’s oil export revenues have climbed to their highest levels since the early months of the Ukraine war, driven by a surge in global crude… Weiterlesen »Russia Oil Export Revenues Hit Highest Since Early Ukraine War as Prices Surge, Despite Ukrainian Port Attacks