
Ocean container rates could test record highs as Iran war fuel spike drives rise, analysts say
Ocean container rates could hit record highs due to Iran war fuel spike, analysts say.
Stories tagged “Shipping.”
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Ocean container rates could hit record highs due to Iran war fuel spike, analysts say.
Fierce fighting continues in Yemen's Taiz province, near the strategic Bab al-Mandab strait, between Houthi rebels and internationally recognized government forces.
Houthis release footage after claiming control of Yemen port city
Houthi rebels released video footage claiming to show their control over the strategic port city of Mokha in Yemen, following rapid advances near the Bab el-Mandeb Strait, a vital shipping route.
UN Security Council meets as Houthis tighten grip on Red Sea chokepoint
The UN Security Council is meeting to discuss the Middle East situation as Iran-backed Houthis advance along Yemen's Red Sea coast, raising concerns over global shipping routes.

Shipping through the Strait of Hormuz has slowed to its lowest level since May, with an average of 10 commodity ships transiting the waterway per day over the past 10 days.

Iran's Persian Gulf Strait Affairs Authority (PGSA) has updated its list of violating vessels, warning of restrictions for non-compliant ships and those cooperating with them.
Qatar and UAE Turn to Rare LNG Ship Transfers as Hormuz Crisis Drags On
Qatar and the UAE are resorting to unusual ship-to-ship transfers of liquefied natural gas (LNG) to bypass the Strait of Hormuz, which has become increasingly risky due to ongoing geopolitical tensions.
The Strait of Hormuz saw a slight increase in vessel transits on Monday, with four vessels entering and one exiting, below the 10-day average of around 14.

Turkiye summoned Ukraine's ambassador over two attacks on Turkish-operated vessels in the Black Sea. The ambassador was warned about the need to ensure safety in the region.
Panama Canal cuts ship traffic as El Niño threatens water supplies
The Panama Canal is reducing daily ship transits due to an unusually early dry season and lower rainfall linked to El Niño, impacting global maritime trade.

Iran and Oman are pushing talks for an interim reopening of the Hormuz Strait, a key waterway through which about a fifth of the world's oil and liquefied natural gas passes. The two sides are discussing an interim framework aimed at resuming shipping through the strait.
Malacca States Vow to Keep Asia’s Busiest Shipping Route Open
Malacca, a key shipping route in Asia, is facing potential disruptions due to the ongoing conflict between the US and Iran. The Malacca states have vowed to keep the route open, despite the risks.
India’s Crude Import Bill Surges as Hormuz Shipping Rates Soar
India's crude import bill has surged due to soaring Hormuz shipping rates. The increase in shipping costs is attributed to the ongoing tensions between the US and Iran, which have led to a significant rise in insurance premiums and other costs associated with shipping oil…

The Panama Canal has become a new focal point of tension between the US and China, with Washington warning against increasing Chinese influence over the vital waterway, while Panama asserts its neutrality.

A tanker was struck by an unknown projectile off the coast of Oman on Tuesday, disabling its engine room, the UK Maritime Trade Operations reported.
Iran has issued a warning that vessels violating its arrangements for transiting the Strait of Hormuz could face restrictions, including fines, detention, or confiscation.

Maritime tracking data shows that a Chinese-flagged oil tanker and another Chinese-flagged vessel are entering and transiting the Iranian side of the Strait of Hormuz.

A ship carrying a Panamanian flag has sunk off the eastern coast of India, with 24 crew members on board, including 20 Chinese nationals, three from Myanmar, and one from Bangladesh. The ship was carrying a cargo of iron ore.
Panama Canal to reduce shipping as El Niño fuels drought in lakes that feed waterway
The Panama Canal will cut the number of ships passing through it due to drought caused by the El Niño climate phenomenon. The number of vessels allowed through each day will fall from 36 to 34 starting next month.

A Liberian-flagged oil tanker bound for the United States was hit by a major cyberattack in the Strait of Gibraltar, disrupting its communications for 30 hours.
Strait of Hormuz Shipping Slows After Vessel Attack
Shipping activity in the Strait of Hormuz has decelerated following a vessel attack, prompting Chinese oil tankers to alter course and contributing to a rise in global oil prices.

The first ship of the China-Europe Polar Fast Shipping route, 'Dubai Tower', set sail from Jiangsu Taicang on August 17, marking the opening of a new high-efficiency logistics channel between China and Europe. The ship, operated by Haijie Shipping Company, carried 183 sma…

Iran has warned its adversaries to 'anticipate strategic surprises' as a senior military official said the country was set to shift from a defensive stance to an offensive one. Yadollah Javani, the head of the political bureau of Iran’s Islamic Revolutionary Guard Corps (…

Shipping through the Strait of Hormuz slowed over the weekend, with no ships transiting the waterway on Sunday, Reuters reports, citing ship tracking data from Kpler. Five commodity vessels transited the waterway on Saturday, and none were recorded sailing through on Sund…

Iran's military has announced a $30,000 bounty for anyone who kills or captures US soldiers, as shipping movement slows in the Strait of Hormuz. The move comes as tensions between Iran and the US remain high, with the US able to continue its naval blockade of Iran.

The water level in the Rhine River at Kaub in Rheinland-Pfalz has risen slightly to 11 centimeters, easing concerns about a severe low-water situation. The International Commission for the Protection of the Rhine reported the increase on Saturday. The low water level has …

Shipping traffic in the Strait of Hormuz was 17 percent of the pre-conflict average in the past seven days, according to the United Kingdom Maritime Trade Operations (UKMTO) centre. Only 151 ships made it in or out of the narrow waterway in the past seven days.

US President Donald Trump said the US has effectively blocked shipping through the Strait of Hormuz, saying, “we have the blockade. No ships get through unless we want them to.”
Eight men were arrested for allegedly stealing marine gas oil from a tugboat in Singapore waters off Tuas. The stolen oil, valued at about $10,570, was sold illegally without the company's knowledge.

Yemen's Iran-aligned Houthis launched ballistic missiles and drones at Marib, killing two and wounding 14, prompting a military response from government forces.