Geopolitics

Crimea declares state of emergency as Ukrainian attacks on fuel transport and infrastructure cause economic disruption

XO Shipping founder Christian Levin has stepped down from the board as dry bulk markets face volatility and geopolitical uncertainty

Oil prices rose after a commercial vessel was reportedly struck in the Strait of Hormuz, highlighting regional shipping risks

Global base oils markets face a prolonged recovery due to supply constraints and geopolitical tensions, especially for Group III.

The European Council has extended economic sanctions against Russia for another year, now valid until July 31, 2027.

Norden's first chartered vessel has safely left the Persian Gulf after recent disruptions in the Strait of Hormuz.

BIMCO emphasizes the need for clear US-Iran maritime agreements after a drone strike in the Strait of Hormuz.

Poland's Orlen and Ukraine's Naftogaz Group collaborate on LNG supply and decarbonization to bolster Ukraine's energy security

Multipurpose carriers are navigating geopolitical instability, energy transition demands, and other market forces impacting project…

Fleet Management Limited introduces a new app and advocates for seafarer recognition amidst rising global geopolitical tensions

Crude oil prices fell as Middle East supply concerns eased, leading to a drop in China's petrochemical futures.

Ukrainian wheat exports experienced an unexpected late-season surge in 2025/26, but future prices face ongoing pressure

Canadian toll hikes on the St. Lawrence Seaway could increase shipping costs for US Great Lakes industries

Geopolitical tensions are introducing significant volatility into the Middle East's offshore support vessel market.

Tensions between Iran and Oman are increasing as the IMO considers a Persian Gulf exit plan, signaling maritime security concerns

Uni-Tankers reported a strong financial performance for 2025/26, navigating geopolitical shifts and market volatility.

Saudi Arabia is reactivating crude oil loading at its significant Ras Tanura terminal, signaling a broader resurgence of Middle Eastern…

Allianz Commercial warns that Arctic shipping routes, while offering shorter transit times, pose significant risks for vessels

French authorities intercepted the oil tanker 'Deliver' near Sicily, suspecting its role in Russia's shadow fleet.

The IMO's plan to evacuate 11,000 seafarers from the Strait of Hormuz has gained support from BIMCO.

IUMI welcomes the US-Iran MoU and Iran-Oman working group, aiming to boost maritime security in the Strait of Hormuz.

Indonesia, the world's largest coal exporter, is experiencing widespread power outages due to domestic policy issues.

The UK Department for Business and Trade has launched a new Supply Chain Centre to enhance logistics resilience

Iran's IRGC has warned ships against using a southern Strait of Hormuz route after Oman released new transit guidelines.

The European Parliament has adopted its negotiating stance on updated military mobility regulations to accelerate military equipment…

Allianz reports $125 billion in vessel and cargo value exposed in the Persian Gulf as of mid-June 2026

Iran's IRGC Navy has rejected the IMO's safe passage plan for the Strait of Hormuz, raising maritime security concerns

War risk insurance is available for Strait of Hormuz transits, though security and legal challenges still hinder normal maritime traffic

Recent tensions in the Strait of Hormuz highlight the critical need to prioritize seafarer welfare in maritime contingency planning

Maritime security concerns are escalating in the Black Sea and Strait of Hormuz, impacting vessel operations and insurance costs