DisruptionOcean
Typhoon Dolphin, which made landfall around Ningbo yesterday, has added to congestion around East Asian ports, with 2.4m teu of containerships now waiting around ports in China. After typhoons Bavi and Noul, Typhoon Dolphin is the third and strongest tropical storm to hit China in the last five weeks, forcing ships to take refuge. Vessel delays are expected to be protracted, with Ningbo and Shanghai the worst affected ports, their terminal operations ...
DisruptionOcean
US navy confirms interdiction on container ship Vela Nova with the crew abandoning ship after being struck by missile
US President Donald Trump hardened his stance toward Iran as negotiations to reopen the Strait of Hormuz continue, pronouncing that the Islamic Republic must pay reparations for past attacks.
How Strait of Hormuz and the Red Sea conflicts have lit the fuse on an irreversible energy transition
↑War-risk insurance premium↑Tanker earnings↑Crude oil price↑LNG price+2 more
Geopolitical disruption, war in Middle East, and closure of the Strait of Hormuz - it’s been a complex first half of the year for shipping.
↑War-risk insurance premium↑Tanker earnings↑Crude oil price↑LNG price+2 more
DisruptionMultimodal
Maersk has announced new USD banking arrangements for several business units and ocean shipment operations across Sweden, Norway, Finland and Denmark. The company has opened new accounts with Citibank to streamline its banking operations. Moreover, the change aims to improve payment processing and minimise potential service delays. The new account details will appear on invoices […]
DisruptionOcean
Maersk has cancelled the scheduled northbound sailing of AS Sara voyage 633N on its Adriatic–South East Mediterranean service (SLI). The vessel was originally scheduled to depart Haifa on 12 August 2026. Maersk attributed the blank sailing to network optimisation measures. The carrier aims to balance vessel capacity with current market demand and maintain schedule reliability. […]
U.S. President Donald Trump on Monday demanded Iran pay compensation for the people he said it had killed in wars, attacks and protests, in a move that will likely complicate efforts to reopen the Strait of Hormuz.
Maersk has announced a new rotation for the AE15 Gemini service following the addition of a Jeddah call. The revised rotation will take effect with Madison Maersk voyage 632W. New AE15 service rotation The AE15 service will operate with the following port sequence: Qingdao – Kwangyang – Ningbo – Tanjung Pelepas – Jeddah – Suez […]
ClosureOcean
President Donald Trump has extended for 90 days a waiver allowing foreign-flagged ships to transport oil and other commodities between U.S. ports, but imposed new limits after shipbuilders and their allies in Congress argued the policy was undermining the domestic maritime industry, the White House said.
U.S. containerized imports increased in July despite continued geopolitical and trade policy uncertainty, according to the latest Global Shipping Report from Descartes. Seasonal demand supported higher cargo volumes, while disruptions in the Middle East, new U.S. tariffs, Panama Canal restrictions and the Red Sea crisis continued to shape global supply chains. Descartes reported that U.S. […]
The slow transition of containerships back to the Suez Canal is continuing, with Maersk and Hapag-Lloyd reporting that an additional route of their Ge...
After profits collapsed in the first quarter – and just days before it reports Q2 earnings – Maersk said it will return another headhaul service to the full Suez Canal-Red Sea route. “We are pleased to share that Maersk and Hapag-Lloyd are announcing a structural change to one of the Gemini services, the AE19 service,” […]
Black Sea grain exports are facing fresh constraints as record-low Danube levels restrict flows through Romania just as escalating Russian strikes divert Ukrainian grain from Odesa and other ports.
DisruptionOcean
An oil slick is covering an area of around 390 square kilometers (150 square miles) off the coast of Oman, the country's government said on Monday, after a vessel under sanctions and carrying Russian crude sustained damage.
Maersk and Hapag-Lloyd are expanding their renewed use of the Red Sea and Suez Canal, adding a call at Saudi Arabia’s Jeddah to their AE15 Asia-Mediterranean service even as renewed...
DisruptionMultimodal
Capri Holdings is working to accelerate receipts where possible, turning to air freight and working with freight forwarders to tap faster vessels.
China has not closed the Taiwan Strait. But since 2024 it has been quietly assembling the tools that would let it squeeze the shipping lanes without ever firing a shot.
↑Transit time↑Air cargo rate↑War-risk insurance premium
DisruptionRail
Please note: The STB has put the Belt Railway of Chicago (BRC) on notice after Clearing Yard hit record congestion. The cause traces back to a single Class I’s decision to outsource its own switching. The timing could not be worse for the UP-NS merger. There is an old railroading truism that everything in American freight eventually passes through Chicago. It is not quite literally true, but it is close enough ...
There is still no deal between the US and Iran at the time of writing. (Here’s the latest headline out today, courtesy of CNBC: ‘US reaffirms grip on Hormuz blockade, turning away 55 ships as talks stall‘.) The many announcements of an imminent peace deal being concluded by the US president have become a kind of a meme by now – oh, another vessel was attacked just on Saturday. The Houthis are ...
DisruptionOcean
Norwegian offshore seismic vessel player Shearwater Geoservices has received two separate letters of award from India’s ONGC. Each represents a large offshore 3D seismic survey offshore India. Combined, the two projects add approximately 15 vessel months of backlog. The awards, which will utilise two of Shearwater’s high-capacity 3D vessels, include a nine-month project offshore India’s …
Maersk and Hapag-Lloyd will reroute a Gemini Cooperation service through the Red Sea and Suez Canal. The carriers will replace the current route around the Cape of Good Hope. Maersk identifies the service as AE19, while Hapag-Lloyd refers to it as SE4. The service connects Asia with Saudi Arabia, the Mediterranean and Europe. The carriers […]
Coal has emerged as one of China’s most important energy buffers in the wake of the US-Iran war, reinforcing a power-generation strategy that continues to look remarkably supportive for dry bulk shipping despite Beijing’s vast investments in renewables. When disruption around the Strait of Hormuz squeezed oil availability, China was able to lean harder on …
↑War-risk insurance premium↑Tanker earnings↑Crude oil price↑LNG price+2 more
Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must meet other conditions, including compensation and an end to sanctions and military threats, before the strategic waterway is reopened.
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