Dry-Bulk Shipping Rates Hit Two-Year High on Capesize Demand
A key measure of bulk-shipping rates jumped to the highest level since December 2023, driven by rising demand for Capesize vessels along with tightening supply
A key measure of bulk-shipping rates jumped to the highest level since December 2023, driven by rising demand for Capesize vessels along with tightening supply
A CMA CGM container ship was attacked while transiting the Strait of Hormuz, injuring crew members and damaging the vessel, while another vessel run by the
At the UAE port of Fujairah, conveyor belts offloaded grain from bulk carriers on Wednesday, while crude oil flowed through pipes and onto tankers berthed
By Capt. Abhinandan Prasad MNILecturer – SUNY Maritime College, New York In recent years, advances in computing — from artificial intelligence to adaptive
Federal Maritime Commission (FMC) Chairman Laura DiBella recently participated in the U.S. delegation to the International Maritime Organization’s (IMO) 84th
Despite the continuing deterioration in rates, ocean shippers are being advised to avoid the spot market and stick to their allocation with
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The world’s largest shipping association said the Trump administration’s abrupt suspension of “Project Freedom” has injected fresh uncertainty into an
France on Wednesday deployed its carrier strike group to the Red Sea as part of planning for a potential mission to secure the Strait of Hormuz,
U.S. forces disabled an Iranian-flagged oil tanker in the Gulf of Oman on Wednesday after CENTCOM said the vessel attempted to violate Washington’s blockade
Shipping companies remain cautious about sending vessels through the Strait of Hormuz, despite signs that Iran may be willing to reopen the
Iran said on Wednesday it was reviewing a new U.S. proposal, after sources said Washington and Tehran were closing in on a one-page memorandum to end the war
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Abu Dhabi National Oil Co. appears to have been able to export a second liquefied natural gas shipment through the Strait of Hormuz, according to ship-tracking
President Donald Trump said Tuesday that the United States is pausing its newly launched “Project Freedom” maritime operation in the Strait of Hormuz as
Matson’s $1 billion Aloha Class fleet renewal program reached another major milestone Tuesday as Hanwha Philly Shipyard advanced construction on the second
UKMTO has issued a new verified attack warning for the Strait of Hormuz after a cargo vessel was reportedly struck by an “unknown projectile,” underscoring
By David Brunnstrom and John Irish WASHINGTON/PARIS, May 5 (Reuters) – U.S. Secretary of State Marco Rubio on Tuesday called a U.S.-proposed U.N.
The US said offensive operations against Iran are over as it shifts to protecting shipping in the Strait of Hormuz, but the targeting of another cargo vessel
Crowley has confirmed that one of its managed vessels has successfully transited the Strait of Hormuz, providing more visibility into the limited number of
The Pentagon’s rollout of Project Freedom is being presented as the first step toward reopening the Strait of Hormuz. But the details emerging behind those
By Capt. Abhinandan Prasad MNILecturer – SUNY Maritime College, New York In recent years, advances in computing — from artificial intelligence to adaptive
The cruise ship where a handful of passengers contracted a rare respiratory virus, stranding hundreds aboard, will travel to the Canary Islands once two ill
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U.N. Security Council members will begin talks on Tuesday on a U.S.- and Bahrain?backed draft resolution that could lead to sanctions against
Hundreds of vessels were seen clustering near Dubai on Tuesday, as more ships moved away from a still-empty Strait of Hormuz in response to Iran’s efforts to
The fragile US-Iran ceasefire held Tuesday morning after a day of clashes involving shipping in the Strait of Hormuz and missile attacks against the United
Maersk has confirmed that one of the vessels involved in Monday’s U.S.-escorted transits of the Strait of Hormuz was its U.S.-flagged roll-on/roll-off
BIMCO is urging shipowners to keep their guard up in the Strait of Hormuz, warning that the overall security picture for commercial shipping is effectively
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