Container services to the US East Coast have seen a rash of one-off schedule changes that stem from draft limits hitting the Panama Canal and recent typhoons that shut big Chinese ports.
↑Transit time↑Container spot rate↑Rail intermodal volume & dwell↑Truckload spot rate
DisruptionOcean
Industry-first analysis combines three years of GMDSS distress call data with almost 107,000 maritime safety broadcasts, revealing how extreme weather, operational pressures and geopolitical disruption shape risk at sea Inmarsat...
DisruptionOcean
In what must be one of the largest naval port visits for decades, Carrier Strike Group 3 (CSG-3) headed up by USS Abraham Lincoln, arrived in Thailand...
Saudi Arabia’s observed crude exports last month slumped to the lowest in at least nine years, as tankers were attacked following rising tensions in the Middle East.
ClosureOcean
It is a challenging time for the crews of Iranian-owned tankers. They are mostly stuck at sea, unable to return to ports in Iran because of the US nav...
Iran and the United States are further escalating the contest for the Strait of Hormuz and the attacks on tankers. U.S. Central Command included image...
DisruptionOcean
Seaports in Germany and the Netherlands are braced for industrial action this week, with German dockers set to strike from later today (2 September) and their Dutch colleagues joining in on the action on Friday. German trade union ver.di has issued a strike call, its members having yesterday rejected the latest pay offer from the Central Association of German Seaport Operators (ZDS) in what it described as an “escalating” dispute . Contacted ...
Two seafarers have been killed in an attack on a tanker in the Strait of Hormuz, UK Maritime Trade Operations confirmed Wednesday, bringing the known death toll from attacks on...
↑War-risk insurance premium↑Tanker earnings↑Crude oil price↑LNG price+2 more
Tankers and cargo ships are transiting the Bosphorus strait adorned with nets, water tanks and tyres to try to fend off growing Russian and Ukrainian drone strikes in the Black Sea, according to security experts and video obtained by Reuters.
DisruptionMultimodal
Developments linked to multiple energy sources — including data center-driven gas, nuclear, LNG, and offshore oil and gas exploration — are among projects in the works for major EPCs Fluor, KBR, TechnipFMC and Worley.
DisruptionOcean
Trans-Pacific freight rates hit record highs due to strong, early peak-season demand.
Casualties reported in a 31 August tanker attack as Iran increases Strait of Hormuz non-compliant vessel list to 56 ships
↑War-risk insurance premium↑Tanker earnings↑Crude oil price↑LNG price+2 more
DisruptionOcean
Global container shipping line reliability suffered its sharpest monthly decline in more than five years in July, as worsening congestion at major Asian ports sent on-time performance plunging. According to Sea-Intelligence, global schedule reliability fell 6.1 percentage points month on month, to 56.4% in July – the steepest single-month decline recorded since January 2021. The analyst said there had been just eight occasions in the past 14 years when global reliability had ...
The war around the Strait of Hormuz has entered an increasingly dangerous tanker-for-tanker phase, with the US striking Iranian state tankers in retaliation for attacks on commercial shipping while a laden VLCC sits abandoned and listing off Oman. The 320,780 dwt Senegal Prosperity, controlled by South Korea’s Sinokor Maritime, was struck by three projectiles while …
Three liquefied natural gas cargoes loaded in Qatar and the United Arab Emirates have been transferred between ships outside the Strait of Hormuz in recent weeks for delivery to India and Japan, according to ship-tracking firms.
The crew of the Sinokor Maritime operated tanker were evacuated following multiple rocket strikes on the vessel
DisruptionOcean
A strike is disrupting empty container yard operations connected to Mundra Port in India, according to Hapag-Lloyd. Until further notice, the affected empty container yards have suspended: Empty container allotments for factory stuffing Empty container gate-ins CFS operations remain unaffected Container Freight Station operations at Mundra Port continue normally. Customers can therefore continue using: CFS […]
By Jasper Ward and Parisa Hafezi WASHINGTON/DUBAI, Sept 1 (Reuters) – The U.S. launched new air strikes on Iranian targets on Tuesday, quashing hopes that an exchange of fire last weekend might...
El Niño is strengthening across the tropical Pacific, with U.S. forecasters now seeing a greater than 90% chance it becomes a very strong event this fall and winter. The latest...
Mine clearance in the Strait of Hormuz is “not sufficient on its own” to bring commercial shipping back to normal, INTERTANKO warned, even as the tanker industry group welcomed the...
According to Sergey Ivanov, Director at MABUX, the global bunker market in August was shaped primarily by Middle East geopolitical developments, crude oil volatility, tight distillate and low-sulphur fuel supply, and regional imbalances in bunker availability. The key market drivers included: Middle East conflict and Strait of Hormuz: Hormuz restrictions remained the main source of […]
Iran continues to apply pressure on the Strait of Hormuz despite the U.S. assertions that the shipping lane is open. On Monday night, it attacked two...
The latest move in that direction came Monday with MSC announcing it is shifting its Albatros, Jade, Himalaya and Tiger strings back to Red Sea transits, following similar moves by competitors.
The number of vessels and carriers transiting the Bab el Mandeb is increasing slowly according to the latest figures from Linerlytica
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