Strait of Hormuz

Bulk carriers with sulphur cargoes in the Strait of Hormuz face severe corrosion risks from extended anchorage periods.

Ukraine reportedly launched overnight strikes targeting Russian oil tankers, port infrastructure, and refinery facilities

Renewed tanker activity at Kharg Island's crude terminals indicates increased oil loading operations in the region

The IMO is strengthening maritime security capabilities in waters near Yemen to enhance safety and stability for shipping

A Gulf ceasefire did not prevent global air freight rates from rising through June, with the BAI00 index gaining 5.8%.

Gemini Cooperation begins a phased return to Suez-Red Sea transits, while retaining contingency plans for Africa routes

The IMO is working to enhance maritime safety and navigation for commercial vessels operating in the waters off Yemen

The IMO Council session in London focused on critical maritime security issues, including the Strait of Hormuz and Gulf of Aden piracy

The IMO Secretary-General has urged immediate international action to secure the release of 44 seafarers held by Somali pirates

Saudi Arabia has boosted oil shipments through the Strait of Hormuz after the US and Iran reached an agreement to reopen the sea lane

Oil prices were mixed due to higher OPEC+ output and Gulf exports, offset by Strait of Hormuz geopolitical uncertainty

Ten Japan-linked vessels have departed the Strait of Hormuz after being stranded for months due to regional tensions.

Middle East conflict disruptions have highlighted the urgent need for greater resilience in the high-growth airfreight sector

French prosecutors fined a shadow fleet tanker owner €1 million for operating under a false flag in the Atlantic.

VLCC freight rates are shifting from geopolitical risk premiums to pricing based on vessel utilization and supply-demand.

Vessel transits through the Strait of Hormuz dropped to a four-day low on July 2 due to persistent regional tensions.

Global dry bulk fertilizer shipments fell 19% in May 2026, largely due to the Strait of Hormuz disruption.

A cargo vessel in the Red Sea reported an attack by armed assailants, underscoring persistent security risks in the region

European crude oil markets are seeing ample supply, pushing differentials down to pre-war levels despite geopolitical risks

A CMA CGM container ship, struck by a missile in the Strait of Hormuz, is severely damaged and may be scrapped.

The ClarkSea Index rose 61% in H1 2026 to $38,717/day, reflecting strong charter markets and geopolitical impacts

A temporary US-Iran ceasefire in June led to a cautious recovery in the Middle East tanker market, boosting regional transit.

The ship sale and purchase market remains stable despite geopolitical concerns in the Middle East and Strait of Hormuz.

Iran has rejected a France-Oman demining plan for the Strait of Hormuz, claiming sole responsibility for the waterway's security.

Japan is considering restarting Iranian oil imports under a U.S. sanctions waiver, facing challenges with waiver duration and shipping…

Hormuz traffic is recovering after a ceasefire, but thousands of crew are still stranded, impacting oil markets and insurance costs

China urges unimpeded shipping through the Strait of Hormuz as European powers consider Iranian and Omani transit fees

OFAC has warned shipping companies about sanctions risks in the Strait of Hormuz, emphasizing that exposure begins before payment.

The Djibouti Code of Conduct has expressed profound concern over the deteriorating humanitarian situation on the hijacked MT Honour 25…

Qatar has restarted LNG exports through the Strait of Hormuz after a brief suspension due to a recent tanker attack