The world's oil tanker fleet is behaving as if the Strait of Hormuz is reopening — even as the waterway itself remains only partially navigable and politically contested. From ship tracking data to freight rates, the signals are clear: owners and charterers are moving early to position vessels for a return to Gulf exports.But the gap between expectation and reality remains wide, leaving the global oil shipping system in a fragile middle ground between crisis and recovery…
Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the first half of the year ended 30 June 2026, with a net profit of QAR 857 million compared to QAR 860 million for the corresponding period in 2025…
Ukraine will do everything possible to protect its seaports and guarantee grain exports at no less than last season's level,its deputy economy minister, Taras Vysotskiy, told Reuters on Wednesday.Russia has sharply stepped up attacks in recent…
“Global grain shipments have increased 13% y/y so far this year, supported by strong wheat, maize and soya bean exports from the Americas and Europe. Improved harvests across most major exporters have boosted their export surpluses, driving higher shipments to Asia…
The U.S. Court of Appeals for the D.C. Circuit recently issued a decision upholding the Federal Maritime Commission’s (FMC) determination that detention fees levied on a trucker by an ocean common carrier during a three-day port closure were unreasonable…
The U.S. Coast Guard (USCG) identified multiple unmanned maritime system (UMS) operations occurring within and near major West Coast port approaches without prior coordination with cognizant Captains of the Port (COTP). The lack of advance notification…
If you’re viewing today’s arrival of UK ETS with mounting unease, fear not! NAVTOR’s Performance Director Jacob Clausen is here to help simplify complexity, turning compliance challenges into commercial gain. How do you feel about adding another…
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…
Iran's Supreme National Security Council said in a statement on Thursday that the country's Persian Gulf Strait Authority will take measures to issue fast authorizations to ships wanting to pass through the Strait of Hormuz as per the memorandum of understanding signed by Tehran and Washington…
The Netherlands Coast Guard has appointed Klaasjan Schipper as its new director, succeeding Nicole Kuipers, who led the organization since 2022.Schipper officially assumed the role on June 17 during a handover ceremony in Den Helder, becoming the tenth director in the Coast Guard's history…
'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…
More than 130 charities, experts and celebrities including Brian Cox CBE, Alan Cumming OBE, Zoë Wanamaker CBE, and Joanna Lumley DBE, are calling for a ban on live exports.Led by Compassion in World Farming, the global partners from 33 countries including Eurogroup for Animals…
While bombs are falling in the Middle East, EU Member States continue to export live animals to the region, with the European Commission (EC) refusing to be held accountable, says the Eurogroup for Animals, the French animal welfare organization…
The United States issued sanctions against Cuban state oil company Union Cuba Petroleo (CUPET), the Treasury Department website showed on Thursday, adding more obstacles for the island's government to import much-needed fuel.Washington has imposed sanctions on an array of Cuban entities and people…
China's trade in major commodities in May underscored that price moves are the primary driver of changes in flows in the world's biggest buyer of natural resources.The headline-grabbing number from customs data was the collapse in crude oil imports to an eight-year low of just 7…
