Strait of Hormuz

Global airfreight rates are showing signs of easing, with a 5% weekly decline attributed to the US-Iran ceasefire.

Disruptions in the Strait of Hormuz are forcing global supply chains to prioritize resilience over efficiency.

The VLCC market adapted to the Strait of Hormuz closure in Q2 2026, leading to significant rerouting of crude oil shipments

Maritime traffic through the Strait of Hormuz remains stable despite geopolitical tensions and stalled peace talks.

A Chinese-owned tanker completed its second U.S. coastwise asphalt shipment using an emergency Jones Act waiver.

A ceasefire on June 24 has allowed for the gradual resumption of commercial shipping in the Persian Gulf.

Fuel-related charges surged over 100% due to the Iran conflict, with carriers adding emergency bunker surcharges.

Commercial transits through the Strait of Hormuz have plummeted by 90% due to recent kinetic incidents and a suspended evacuation corridor

European natural gas prices rose over 1% on Monday, driven by Middle East geopolitical risks and LNG shipping disruption fears

The US and Iran have reportedly agreed to stop tit-for-tat attacks in the Strait of Hormuz, allowing free vessel transit.

Tanker traffic in the Strait of Hormuz has fallen due to recent vessel attacks, impacting global oil supply.

Shipowners are assessing alternative routes around the Strait of Hormuz due to Iran's warnings and rising insurance premiums.

Global air cargo rates saw a slight increase in week 25, staying 35% higher than the previous year.

Russia has reportedly armed an LNG tanker in the Baltic Sea, escalating maritime tensions with NATO and raising security concerns

Dry bulk vessel transits through the Strait of Hormuz have recovered to pre-conflict levels, with 62 crossings on June 24th

Oman suggests new fees for ships in the Strait of Hormuz, citing a departure from pre-conflict conditions

The US dollar continues its bullish trend despite US-Iran tensions, with oil prices largely unaffected, indicating market optimism.

Oil prices rose in Asian trade after a US-Iran flare-up, with future talks in Qatar now in focus

Middle Eastern producers are continuing oil and LNG loadings despite recent vessel attacks and military exchanges in the Strait of Hormuz

The Strait of Hormuz crisis is testing ship managers' ability to maintain trust with crews and clients amid global trade risks

Maritime news this week covers vessel attacks in the Strait of Hormuz, a persistent officer shortage, and Everllence updates

Russian President Putin confirmed ongoing military action in Ukraine, dismissing Kyiv's missile proposal as a distraction

Scorpio Tankers has resumed transiting the Strait of Hormuz, with an LR2 vessel chartered to deliver jet fuel to Europe.

Container rates from Asia to the US are surging as shippers pull cargo forward, while tanker rates are falling.

A tanker was attacked in the Strait of Hormuz, prompting a US warning against further maritime aggression in the region

Military exercise 'Resolute Dragon' near Taiwan reportedly causes unease for Chinese Navy, underscoring regional tensions

A large CMA CGM container ship, the Galapagos, successfully transited the Strait of Hormuz on Sunday morning.

Sweden is arming its coast guard vessels with machine guns due to increasing threats from Russia-linked ships in the Baltic Sea

A second merchant tanker was reportedly struck in the Strait of Hormuz, signaling a deteriorating security environment.

Saudi Arabia is increasing crude oil shipments after its Persian Gulf ports reopened following the Iran war.