Strait of Hormuz

Ukrainian drones reportedly struck an oil terminal in St. Petersburg's harbor, potentially affecting shipping and insurance costs

A new report reveals 15 maritime security incidents globally, including a foiled pirate attack, impacting key shipping lanes.

US forces disabled a sanctioned oil tanker bound for an Iranian port, the sixth commercial vessel interdicted under the blockade

U.S. Secretary of State Marco Rubio stated that sanctions relief for Iran is tied solely to its nuclear program, not Strait of Hormuz access

Global shipping through the Middle East faces persistent challenges, with a ceasefire alone unlikely to restore normal operations

The Port of NEOM is becoming a key alternative for Gulf importers to circumvent the volatile Strait of Hormuz.

Air cargo rates rose 36% year-on-year in May, driven by Middle East conflict disrupting global supply chains

An MSC container vessel was struck by two projectiles near Iraq's Umm Qasr port, raising maritime security concerns.

Global demand and geopolitical tensions are causing price increases for copper and aluminum, impacting supply chains.

An MSC container ship was attacked in the Persian Gulf after departing an Iraqi port, with Iran's IRGC claiming responsibility.

The May/June 2026 digital edition of Heavy Lift & Project Forwarding International is now available, focusing on industry resilience.

Container shipping rates from East Asia to the US surged this week, while liquid chemical tanker rates from the US Gulf softened.

Oil exports via the Strait of Hormuz may not reach pre-war levels due to increased risk in the Persian Gulf.

Dynacom Tankers has moved its fleet near the Strait of Hormuz in response to increasing security risks affecting Gulf shipping.

Tankers linked to Iran are increasingly disabling tracking systems, signaling a rise in covert LNG shipping due to geopolitical tensions.

IMO Secretary-General Arsenio Dominguez urged Greek shipowners to detail plans for seafarer investment, citing the Hormuz crisis as a key…

Africa's maritime sector sees increased investment and energy projects, but rising piracy threatens its growth and stability.

The IMO advises against repatriating thousands of seafarers from the Gulf due to persistent risks, despite a US-Iran ceasefire

A Panama-flagged MSC containership was reportedly damaged off Iraq, marking the third incident since late February.

A cargo vessel was struck near Iraq's Umm Qasr, resulting in a large explosion and maritime security concerns.

Oil companies are aggressively securing large tankers to guarantee crude oil transport, influenced by global conflicts and a buying spree

Shipowners at Posidonia 2026 are demanding clear rules for resuming Strait of Hormuz transits, citing war-risk insurance as inadequate

Greek Maritime Minister Vasilis Kikilias underscored the need for secure global shipping due to Middle East conflicts.

The Middle East Gulf conflict is causing significant supply chain disruptions for dry bulk commodities, beyond just energy markets

Political deadlock is identified as the main barrier to normal shipping in the Strait of Hormuz, surpassing security concerns.

May 2026 maritime review covers container price-fixing allegations and ongoing Strait of Hormuz tensions.

A product tanker and an oil terminal in the Sea of Azov were reportedly damaged by Ukrainian action.

A U.S. military missile struck the engine room of a vessel attempting to breach a blockade against Iran.

Venezuelan dirty petroleum exports surged in early 2026, driven by geopolitical shifts and a US-led blockade on sanctioned tankers.

Geopolitical events are causing significant volatility in grain and fertilizer markets, impacting trade routes and supply chains.