Fertiliser shipments through the Strait of Hormuz have begun picking up following an interim deal to end the Iran war, data showed, though analysts say it will take time before they return to pre-conflict levels and provide relief to the market…
The maritime industry continues to improve its safety record, but the challenges confronting shipowners, operators, insurers and regulators have never been more complex.According to Allianz Commercial's Safety and Shipping Review 2026, global shipping losses remain near historic lows…
Oil tanker operators are reaping record profits after nearly doubling the hire cost of vessels going through the Strait of Hormuz and wider Gulf region this week on rising demand as traffic through the waterway slowly picks up, according to shipping data and sources…
The Board of the International Chamber of Shipping (ICS) has unanimously elected John Denholm CBE as Chairman of the Board.The decision was made by the ICS Board of Directors at the organization's Annual General Meeting, held at Palazzo Valentini in Rome…
DP World Cochin’s International Container Transshipment Terminal (ICTT) achieved its highest monthly throughput in May 2026 for CY2026, handling 77,637 twenty-foot equivalent units (TEUs). The milestone reflects the terminal’s growing role in…
The Baltic Exchange's dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, rose to a one-week high on Friday, buoyed by rising rates for capesize vessels.The main Baltic index, which tracks rates for capesize, panamax and supramax vessels…
'Global fertilizer shipments have fallen 11% y/y since the start of the Iran war. The closure of the Strait of Hormuz has restricted fertilizer exports from the Persian Gulf, tightening the global supply and increasing prices. The ceasefire…
BIMCO has adopted a Biofuel Clause for Time Charter Parties to address legal and operational challenges as the use of low-carbon fuels in shipping increases.As the shipping industry decarbonizes, regulatory frameworks reshape companies’ fuel strategies…
The cost of shipping a container of goods from Asia to the United States has doubled since the start of the Iran war, driven by spiking fuel prices and an uptick in demand from importers who are worried costs will only rise further as the conflict wears on…
The Baltic Exchange's dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, fell on Thursday, pressured by capesize and panamax vessel segment losses.The main Baltic index, which tracks rates for capesize, panamax and supramax vessels…
From Congestion-as-Normal to Time-as-a-ServiceAt the Port of the Future Conference in Houston, Texas, I had the privilege of speaking on a subject that, at first hearing, may sound radical, perhaps even impractical: “Zero-Queue Ports – No Anchored Ships and No Truck Lines…
Waterborne tonnage moving in and out of Houston in the first quarter of 2026 reached 65 million short tons, up 12% compared to last year, according to the most recent data. Growth was driven primarily by exports, which at nearly 54 million short…
Lloyd’s Register (LR) has helped establish a new industry consortium aimed at ending the fragmented way container stowage and lashing data is shared across the sector. The Lashing Exchange Format (LXF) Consortium brings together major classification…
The Republic of the Marshall Islands (RMI) Registry’s long-term and consistent commitment to shipping continues to be recognized by the international community. The recently released United States Coast Guard (USCG) 2025 Port State Control (PSC)…