Insurance companies are cancelling war risk coverage for vessels in the Gulf as the widening Iran conflict disrupted shipping, leaving at least four tankers damaged, two seafarers killed and 150 ships stranded around the Strait of Hormuz.Shipping through the strait between Iran and Oman…
Norwegian Cruise Line Holdings forecast annual profit below Wall Street expectations, as demand for its higher‑priced voyages softened amid economic uncertainty and rising geopolitical tensions.Shares of Norwegian fell about 7% in premarket trading…
According to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform, 17 new orders for alternative-fuelled vessels were placed in February 2026.This was almost entirely accounted for by LNG-fuelled vessels (14), with all of these orders placed by the container segment…
OPEC+ has decided to increase its crude oil production target by 206,000 barrels per day (bpd) for April against a backdrop of heightened geopolitical risk as conflict in the Middle East escalated rapidly over the weekend.Oil markets will enter…
Shipping companies Maersk, Hapag-Lloyd and CMA CGM are rerouting vessels around Africa, away from the Suez Canal and the Bab el-Mandeb Strait, after U.S. and Israeli strikes on Iran and the closure of the Strait of Hormuz.'Due to the deteriorating…
At least three tankers were damaged off the Gulf coast and one seafarer was killed as Iranian retaliation for U.S. and Israeli strikes on Iran exposed ships to collateral damage, shipping sources and officials said on Sunday.Risks to commercial shipping have surged in the past 24 hours…
Peter Sand, Xeneta Chief Analyst:“The recent tariff ruling by the US Supreme Court will have knock-on impacts for ocean container shipping, but this will be nuanced and unlikely to cause a huge increase in frontloading demand, even though tariffs…
Denmark's Maersk said on Friday it will temporarily reroute some of its sailings around the Cape of Good Hope, and thus away from the Suez Canal, after experiencing unforeseen constraints in the Red Sea region.The container shipping group last…
Loading of four key Nigerian crudes in April will hold steady, preliminary loading programmes seen by Reuters showed, while lower demand and high freight rates continued to weigh on Angolan differentialsAmong recent offers was Kissanje at dated Brent minus 85 cents…
Harwich Haven Authority (HHA) has been named as a finalist in the Sustainable Workplace of the Year category at this year’s Clean and Green Awards, recognizing businesses and people in East Anglia championing a greener future.The Essex-based port places sustainability at the core of its operations…
U.S. grain trader Cargill is working to resume operations at its Santarem private port terminal in Brazil's Para state after the end of indigenous protests that forced the company to halt operations on the site, its press office told Reuters on Thursday…
Russia will aim to keep its Urals crude oil exports steady in March by boosting shipments to China as India, a key buyer, cuts purchases following a trade deal with the U.S.Export options for seaborne Urals cargoes are set to narrow next month…
Greek ΟΝΕΧ Shipyards and Technology said on Thursday it signed an agreement with South Korean Hanwha Power Systems to expand their joint activities in the United States in shipbuilding, energy production and regasification units.ONEX, which operates two shipyards in Greece…
StormGeo is strengthening its Voyage Intelligence offering with the launch of a new Premium Fleet Performance Center Service that will help shipowners and managers turn vessel data into actionable insights to achieve measurable operational and compliance improvements…
Angola's state oil company Sonangol is talking to Chinese financial institutions to secure a $4.8 billion loan to partly finance the construction of a new refinery in the Atlantic sea port of Lobito, it said on Wednesday.The financing, if completed…
