Planned new U.S. sanctions on Iran and the UAE's halt on Tehran trade could severely disrupt Indian exports of rice, tea and pharmaceuticals to Iran, which have been largely routed through Dubai's port in recent years, Indian exporters said on Monday.India has been among Iran's five largest trading partners, though bilateral trade has fallen by more than 90% from its 2018/19 highs of $17 billion, with exports now limited mostly to goods exempted on humanitarian grounds…
SOHAR Port and Freezone in Oman reported a sharp increase in cargo activity during the first half of 2026, handling 52 million metric tons, up 52% compared with the same period last year.Container throughput increased 40% to 545,000 TEUs, primarily on higher transshipment volumes…
Shipping through the Strait of Hormuz slowed, data showed on Wednesday, as most shipowners avoided the key waterway because of a lack of clear signalling on its reopening from a blockade during the Iran war.Six commodity vessels crossed the strait on Tuesday…
Ship crossings via the Strait of Hormuz were still in single digits on Monday, despite rising slightly from the weekend, according to preliminary shipping data on Tuesday, amid a stalemate in U.S. and Iranian peace talks.Six commodity ships transited the strait on Monday…
Danish shipping group Maersk on Thursday raised its full-year earnings guidance for a second time this year and smashed profit forecasts as global container demand proved resilient in the face of the Middle East conflict.Surging freight rates…
An international general cargo vessel sank off the coast of Ukraine's Black Sea port of Odesa on Sunday, a week after Ukrainian officials said it had been struck by Russian forces.Ukraine's ports authority said the Golden Leo, sailing under a Guinea-Bissau flag…
The Seafarer Workforce Report 2026 from BIMCO and the International Chamber of Shipping (ICS) launched on Thursday forecasts that given the growing demand for STCW certified officers, there will be a need for an additional 113,735 officers by 2030 to operate the world merchant fleet…
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…
A maritime drone self-detonated on Friday in Romania's Black Sea port of Constanta near an oil terminal, without causing casualties, as Ukraine accused Russia of jamming one of its vessels before it drifted into Romanian waters.The explosion…
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…
A new report from the Lloyd’s Register Maritime Decarbonisation Hub (The Decarb Hub) finds that early investment in a small number of strategically positioned hubs and export gateways could accelerate the availability and uptake of sustainable maritime fuels…
Rio Tinto has celebrated the shipment of 8 billion tonnes1 of iron ore to global markets from the Pilbara region, 60 years after the company’s first shipment set sail from Western Australia for Japan.The milestone shipment departed from Cape Lambert port aboard the Juno Horizon on May 19…
Three supertankers were crossing the Strait of Hormuz on Wednesday carrying oil bound for Asian markets, after waiting in the Gulf for more than two months with 6 million barrels of Middle East crude on board, while another was entering, shipping data on LSEG and Kpler showed…
Diamond Gas Jade, a 174,000-cu.-m. Liquefied Natural Gas (LNG) carrier invested by a joint venture under U-Ming Marine Transport Corp., held its grand naming ceremony on May 19 at the Samsung Heavy Industries Geoje Shipyard. Built by Samsung Heavy Industries…
The United States has charged seven Chinese executives and four of the world's largest shipping container companies with conspiring to restrict supply, raising the price of containers during the COVID pandemic, Department of Justice officials said on Tuesday…
