WatchOceanHormuz
Speculation About LNG Shipments as Qatar Sends Carrier Through Hormuz
A move by QatarEnergy to send an LNG carrier through the Strait of Hormuz is drawing wide attention and spurring speculation about future shipments. T...
/ Freight News
Freight movement, and what it costs you
Global chokepoints and domestic corridors — what is moving, and where we can name it, what it costs.
WatchMultimodalTurkish Straits
Turkish Bulker Heading to Russia Breaks Down and Blocks the Dardanelles
Turkish authorities briefly suspended traffic in the business Dardanelles overnight as they worked to clear a bulker bound for Russia that had broken...
DisruptionOcean
GAO Warns Gaps in TWIC Program Could Leave U.S. Ports Exposed to Security Risks
A new report from the U.S. Government Accountability Office (GAO) says weaknesses in the Transportation Worker Identification Credential (TWIC) program—including inconsistent communication, incomplete oversight, and delays in deploying biometric card...
WatchOceanHormuzSuez
Houthis set to further muddy the already troubled Middle East water
This is getting very messy indeed – a drone of some sort yesterday hit an LNG tanker in the Egyptian port of Damietta, at the northern mouth of the Suez Canal and on the Mediterranean coast, potentially dragging the wider Middle East into the conflict surrounding Iran. Let’s try to unpick this a little. The US and Iran continue to trade air strikes across the Gulf, establishing Hormuz as the epicentre of ...
DisruptionOcean
Tolls needed to deter motorists as more barge traffic shifts to the roads
Transport operators are urging the introduction of road tolls across North Europe in an effort to dissuade motorists as congestion mounts on the back of low water levels along the Rhine, forcing evermore volumes into trucks. As reported by The Loadstar yesterday, container barge traffic has been almost to a halt amid the heatwaves the continent has seen – and there is little to suggest a break in the weather is ...
WatchOceanHormuz
OFAC targets Iran’s ‘extortion’ insurance scheme in Hormuz
US sanctions two Iranian marine insurance companies accused of forcing ships transiting the Strait of Hormuz to buy IRGC-backed cover.
DisruptionMultimodal
Demand still outpacing capacity as AI traffic bolsters air cargo market
Global air cargo demand strengthened again last month, as Middle Eastern hub operations began recovering from the recent geopolitical disruption – although capacity growth continued to lag demand, reinforcing a tighter market and preserving pricing power for airlines. According to the latest IATA data, industry-wide cargo tonne km (CTK) rose 8.5% year on year in June, while international cargo traffic increased 9.6%. North American carriers led the growth overall, but the ...
WatchOceanHormuz
Qatar Sends First LNG Shipment Through Hormuz in Three Weeks
Qatar has sent its first shipment of liquefied natural gas through the Strait of Hormuz since one of its tankers was attacked in the waterway more than three weeks ago.
WatchMultimodalBab el-Mandeb
London Insurers Widen Red Sea High-Risk Zone After Houthi Attacks
London's marine insurance market has widened the area in the Red Sea it deems as ?high risk after attacks on ships by Yemen's Houthi movement but Egyptian waters were excluded, according to a July 29 advisory.
WatchMultimodalHormuz
Omani Plan: Hormuz stops being geography and becomes an institution
Oman’s Gulf-backed plan asks ships to pay for Hormuz passage voluntarily. The paradox: voluntariness makes the fee harder to refuse and harder to defend.
DisruptionOcean
Drone strike hits FSRU and LNG carrier at Egyptian terminal
A floating storage and regasification unit and an LNG carrier have been hit in an apparent drone attack at Egypt’s Damietta terminal, potentially extending the Middle East’s rapidly widening maritime conflict into the Mediterranean. Maritime security firm Ambrey assessed that an unidentified drone struck the US-owned Energos Winter while it was alongside on Wednesday. The …
WatchOceanHormuz
US targets Iran’s Hormuz ‘extortion scheme’ and eight shadow tankers
The United States has sanctioned two Iranian companies accused of operating an IRGC-backed “extortion scheme” that forces commercial ships to buy maritime insurance before transiting the Strait of Hormuz. The Treasury Department said Persian Gulf Marine Insurance Company and HormuzSafe Marine Services Authority sell mandatory, Iranian-approved policies purporting to protect vessels from seizures and other …
WatchOceanSuezBab el-Mandeb
Houthis weigh toll scheme for Red Sea shipping
Yemen’s Houthis are considering charging commercial ships to pass through Bab el-Mandeb, potentially transforming their campaign of missile and drone attacks into a revenue-generating system controlling access to the southern Red Sea. Regional officials told Reuters that the Iran-aligned movement is examining fees for most vessels using the strategic gateway linking the Red Sea and …
DisruptionOcean
Drone strike hits Energos FSRU and a LNG carrier in Egypt’s Damietta port
The fires on the Gaslog and Energos in the Egyptian Mediterranean would represent widening of the Middle East conflict if the attacks confirmed
WatchOceanHormuz
U.S. Sanctions Two "Insurers" for Handling Iran's Hormuz Transit Fees
The U.S. government has released a new round of sanctions targeting Iran's attempt to set up a transit fee structure for the Strait of Hormuz. In a st...
DisruptionOcean
LNG Tankers Struck in Apparent Drone Attack on Egypt's Port of Damietta
Two LNG tankers have been attacked in the Egyptian port of Damietta, which lies on the Mediterranean coast at the eastern end of the Nile Delta, in an...
DisruptionOcean
Maersk updates Australian coastal services with Fremantle omission and Brisbane call reinstatement
Maersk has announced schedule changes affecting its Greater Australia Connect (GAC) and Eastern Australia Connect (EAC) services, including a Fremantle port omission and the reinstatement of a Brisbane call. On the GAC service, SYDNEY EXPRESS 629S/632N will omit Fremantle to reduce delays and protect the vessel’s forward schedule. As a result, import transhipment cargo for […]
WatchOceanBab el-Mandeb
Report: Houthis May Attempt to Impose Fees on Red Sea Transits
Yemen's Houthi rebels have launched attacks on Saudi shipping in a show of solidarity with Iran, disrupting tanker traffic in and out of Yanbu. But ev...
DisruptionOcean
Middle East War Expands With Reported Drone Attack on U.S.-Owned FSRU in Egypt
A drone hit a U.S.-owned gas storage tanker at Egypt's Mediterranean port of Damietta, British maritime security firm Ambrey said in an initial assessment on Wednesday, and U.S. President Donald Trump vowed to retaliate against Iran for an overnight attack, as the Middle East conflictappeared to expand beyond its main fronts.
DisruptionMultimodal
Mounting Industry Pressures Reshape the Role of the Ship Manager
Geopolitical disruption, decarbonisation, crew shortages, cyber risk and rising operating costs are changing the skills required of ship managers, Ire...
DisruptionMultimodal
Trump Warns Iran of ‘Beating’ After Jordan Base Attack
(Bloomberg) — President Donald Trump said the US would hit Iran hard after a recent attack that targeted a military base in Jordan, as the war in the Middle East...
WatchOceanHormuz
New U.S. Sanctions Target Iran’s Emerging Strait of Hormuz Maritime Services Network
The Trump administration on Wednesday expanded its campaign against Iran’s efforts to control commercial shipping through the Strait of Hormuz, sanctioning two organizations that Treasury says were created to provide...
WatchOceanHormuz
Hormuz Tensions Flare After U.S.-Saudi Strikes, Iran Claims Attacks on Tankers
The United States and Saudi Arabia jointly struck Iran-backed armed groups in Iraq on Wednesday, the first U.S. airstrikes in the Middle East since President Donald Trump suspended the U.S. bombing campaign against Iran last week.
WatchOceanHormuz
How drone threats are rewiring global shipping
As drone threats spread from the Black Sea to the Strait of Hormuz, risk that was once measured corridor by corridor is collapsing into a single shared pool and the escape routes shipowners have leaned on for three years are running out.
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