CMA CGM has postponed its $150 per teu Low Water Surcharge on cargo moving from South America’s west coast through the Panama Canal, where more restrictions on draught and transits are expected. The French carrier had announced the surcharge would take effect on 1 September, but told customers yesterday it was pushing the start date back to 1 October. The charge will apply to all cargo from South America’s west coast to ...
The IMO calls for practical solutions to resolve the situation in the Strait of Hormuz
The top US commander for the Middle East said that American forces have cleared Iranian mines from the Strait of Hormuz, after Washington’s allies expressed doubts about similar claims by President Donald Trump.
DisruptionOcean
Singapore is making clear that its position as one of Asia’s biggest transhipment and trading hubs does not extend to helping exporters disguise the Chinese origin of goods to circumvent US tariffs. Deputy PM and trade minister Gan Kim Yong (pictured) said Singapore did not support the use of its trade and logistics infrastructure to bypass tariffs, as the city-state seeks to address US allegations over the rerouting of China-made goods ...
DisruptionMultimodal
Shipping spent this week paying ever more extravagant sums for something that used to be taken largely for granted: passage. War, drought, congestion and regulation have turned the journey from A to B into an increasingly complicated calculation of risk, availability and price. This week showed just how expensive keeping those routes open is becoming. …
U.S. Central Command Commander Admiral Brad Cooper says U.S. forces have cleared sea mines laid by Iran from the internationally recognized shipping lanes through the Strait of Hormuz, offering new...
Iran war mediators have placed renewed emphasis on reopening the Strait of Hormuz, with Tehran agreeing to draw up a list of conditions to restore normal traffic after a Qatari emissary pressed the Iranians to respect freedom of navigation.
DisruptionMultimodal
Once again, shipping disruption from the conflict in the Black Sea is driving up wheat prices - and this time, both of the region's big grain exporter...
DisruptionMultimodal
The delay in adoption of the IMO's Net Zero Framework (NZF) has changed the outlook for low-emissions shipping, and DNV's annual Forecast to 2050 repo...
Iran continues its assertions to be stopping all traffic in the Oman Channel as it seeks a deal over the operation of the Strait of Hormuz. It is clai...
DisruptionOcean
The U.S. Coast Guard is offering temporary relief to some merchant mariners whose credentials expired while their renewal applications were caught in a processing backlog at the National Maritime Center....
(Bloomberg) — The flow of crude through the Strait of Hormuz is creeping higher as producers across the Middle East boost exports in the face of Iran’s lingering threat to...
Another tanker has been struck by a projectile while transiting the Strait of Hormuz, underscoring the continued risks to commercial shipping even as President Donald Trump declared victory in Iran...
Potential pitfalls, from tighter Panama Canal restrictions to stronger-than-expected import volumes, should send a warning to shippers importing from Asia to the Americas, writes Journal of Commerce Executive Editor Mark Szakonyi.
Port of Houston activity supported $986.9 billion in annual economic value across the United States in 2025, according to a new study by Martin Associates. The study covered marine cargo moving through public and private facilities along the Houston Ship Channel. Collectively, these facilities form the Port of Houston. Cargo and vessel activity supported 3,526,686 […]
DisruptionMultimodal
The intra-Asia container freight market strengthened for a third consecutive week as unrest in the Middle East and typhoon-related disruption across China tightened capacity and pushed rates higher on most major trades. Drewry’s Intra-Asia Container Index (IACI), a benchmark widely monitored by procurement teams, rose 6% week on week on 20 August, to $1,091 per 40ft, and the consultant expects prices to continue increasing in the coming weeks, supported by persistent ...
ClosureOcean
A controversial move by Adani Ports (APSEZ) to prevent box lines using offsite container yards is threatening to hobble supply chains at Mundra, India’s leading container gateway. In what is being portrayed by industry stakeholders as an “abrupt and arbitrary” move, APSEZ last week issued a trade notice placing an embargo on empty containers going into depots nominated by carriers outside the dock boundary. It said: “All shipping lines, customs house agents, ...
The nascent and increasingly vital shuttle tanker trade moving Middle East crude through the Strait of Hormuz for transfer in the Gulf of Oman is under fresh threat after Iran blacklisted some of the vessels at the heart of the operation this week. Broker Braemar warned that 12 VLCCs named by Tehran had carried around …
Shipping traffic at the Strait of Hormuzrose slightly even as a geopolitical standoff persisted between the United States and Iran, while the market also monitored Iran-Oman talks about the waterway, data showed on Thursday.
DisruptionOcean
MSC has suspended new cargo bookings to and from the Russian port of Novorossiysk following a drone attack on the container ship MSC Ulsan III, according to Bloomberg. The carrier has stopped its operations through Novorossiysk until regular services can safely resume. MSC recommends alternative routes MSC advised customers to contact its Russian representative office […]
DisruptionOcean
MPC Container Ships reported its Q2 2026 financial results, highlighting high fleet utilisation, a substantial charter backlog and continued fleet renewal. The Oslo-listed company recorded operating revenue of US$116.9 million, compared with US$137.9 million in the second quarter of 2025. EBITDA reached US$95.4 million, down from US$107.4 million one year earlier. Adjusted for non-recurring items, […]
Reports say the attack caused a fire on the vessel transiting the Middle East waterway
↑War-risk insurance premium↑Tanker earnings↑Crude oil price↑LNG price+2 more
A tanker was struck in the Strait of Hormuz on Tuesday night, according to the Royal Navy's UK Maritime Trade Operations (UKMTO). It is the latest in...
Plans for a temporary corridor and joint administration of the Strait of Hormuz risk clashing with US demands for unrestricted freedom of navigation.
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