Strait of Hormuz

A third commercial tanker was reportedly struck by a drone near the Strait of Hormuz, according to UKMTO.

Oil prices rose after vessel attacks near the Strait of Hormuz sparked fears of supply disruptions through the vital route

A Qatari LNG tanker was struck by a projectile off Oman, causing a fire, with no casualties or environmental impact.

Oil prices climbed as US-Iran deal uncertainty outweighed a minor improvement in Strait of Hormuz shipping.

Japan expects increased crude oil supply from the Middle East as two supertankers departed the Strait of Hormuz

Commercial vessels in the Strait of Hormuz were hit by missiles, causing significant damage but no casualties.

A tanker was struck by an unknown projectile near the Strait of Hormuz, signaling continued maritime security challenges

A Russian patrol plane reportedly harassed a Royal Navy aircraft carrier by deploying sonobuoys, highlighting geopolitical tensions

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

Global container shipping schedule reliability saw a recovery in Q2 2026, peaking in May before a June decline.

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