Iran is considering banning US- and Israeli-linked vessels from transiting the Strait of Hormuz as Tehran and Oman move closer to agreeing a new system for managing traffic through the waterway. A draft bill before Iran’s parliament would prohibit vessels belonging to the US, Israel and other countries Tehran considers hostile from using the strait …
DisruptionOcean
Russian forces repeatedly struck a German-owned bulk carrier off Odesa this week, including an attack as its crew was abandoning ship. The Liberian-flagged, 175,000 dwt Emil, linked to Hamburg-based Johann M. K. Blumenthal, was hit by several Russian drones on August 5 around 21 nautical miles from Odesa. Technical systems were disabled, a fire broke …
The Houthi threat in the Red Sea is seeing the rerouting of tanker flows via the Med and Suez adding to market inefficiencies
↑Transit time↓Effective fleet capacity↑Container spot rate↓Container equipment availability+4 more
Tehran and Muscat are drafting a Hormuz arrangement this week that reads, on close inspection, less like shared governance and more like Iran buying a co-signature for permanent control with the Gulf’s power map shifting in ways that don’t quite match the popular script.
DisruptionOcean
As summertime drought and heat eat away at water levels on Northern Europe's rivers, industries dependent upon river transport are feeling the effects...
On Thursday, Iranian-backed Houthi forces launched attacks on the Saudi border city of Najran and the Yemeni government stronghold at Marib, part of a...
A Houston ship pilot’s extended personal cell phone conversation and multiple failures to maintain a proper lookout led to the fatal 2024 collision between the bulk carrier Yangze 7 and the towing...
Late-summer draft limits on the Panama Canal will mean the largest vessels calling the East and Gulf coasts won’t be able to fully load for peak shipping season.
The Panama Canal Authority reported that it is lowering the maximum draft for the largest vessels transiting the canal as it works to stay ahead of th...
DisruptionMultimodal
DHL Group delivered strong financial performance in the second quarter of 2026, with Group revenue increasing 13% year-on-year to EUR 22.4 billion, compared to a prior-year quarter affected by tariffs and trade policy disruption. Operating profit rose 30% to EUR 1.9 billion, with the EBIT margin improving 1.1 percentage points to 8.3%. Group net profit […]
A proposed deal between Iran and Oman that would give Tehran control over ships entering the Gulf through the Strait of Hormuz is not easily workable due to U.S. sanctions and restrictive insurance clauses on any payments, four industry sources said.
The wait for an Iran-Oman deal that partially reopens the Strait of Hormuz continued into Thursday, after the Islamic Republic said an agreement on proposed shipping lanes was in the final stages.
The Panama Canal Authority (ACP) will impose another round of draft restrictions for vessels transiting its Neopanamax locks later this month as water levels in Gatun Lake continue to decline...
Iran is tightly managing vessel traffic through the Strait of Hormuz, but says a deal with Oman to re-open the crude oil chokepoint could be near.
As shipping operations in Red Sea and Hormuz facing prolonged disruptions, Container News is trying to decipher the potential convergence of both into one system.
Almost six months into the U.S./ Israel war with Iran, the state of the Strait of Hormuz is still constrained. Ambrey has alerted another tanker aborted its transit through the Strait of Hormuz after two explosions were reported 37 NM southwest of Bandar-e-Jask, Iran.
Iran and Oman are expected to unveil a new traffic arrangement for the Strait of Hormuz imminently, potentially redrawing established shipping lanes and giving Tehran a formal role in overseeing vessels entering the Persian Gulf. Iran’s foreign ministry said the two countries had agreed the geographical coordinates of a proposed route and were completing a …
The Panama Canal is imposing two further draft reductions at its neopanamax locks as falling water levels and a strengthening El Niño revive memories of the disruption seen in 2023 and 2024. From August 26, the maximum authorised draft will fall to 48 feet (14.63 m), before being reduced again to 47.5 feet (14.48 m) …
↑Transit time↑Container spot rate↑Rail intermodal volume & dwell↑Truckload spot rate
DisruptionOcean
A counterterrorism investigation was opened by the German authorities yesterday after a drone carrying explosives was found near a runway at Leipzig/Halle Airport overnight. Areas of the site, which is the location of a major DHL hub, were shut down. It is not clear whether the airport has since fully re-opened the southern runway having been closed earlier in the day. The discovery was made by an airport employee who spotted the device in a restricted ...
Despite Houthi claims to have hit the Saudi owned Daisy maritime security sources report an explosion close to the vessel
Sentinel-2c satellite imagery taken on August 5 off the northern tip of Oman’s Musandam Peninsula shows the extent of damage inflicted on shipping and...
Latest draught reductions won’t reduce transit numbers but will worry shipping companies over El Niño impact in the months ahead
The Royal Navy's UK Maritime Trade Operations unit (UKMTO) has reported an apparent attempted attack on a tanker in the Gulf of Aden, the first in thi...
↑War-risk insurance premium↑Transit time↑Container spot rate↓Effective fleet capacity
Eight of the world’s leading shipping trade associations, representing elements from containerships to tankers, bulkers, and passenger ships, released...
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