News

The latest maritime and offshore news.


Wednesday, June 24, 2026
Stock photo shows an oil tanker at a terminal
Shipping

Brent Enters Contango for First Time Since Iran War Began as Gulf Supply Surges

Prices of Brent crude oil for second-month delivery traded higher on Wednesday than prices for prompt delivery for the first time since the Iran war started in

June 24, 2026
Total Views: 1429

The Malta-flagged tanker Agios Fanourios I arrives in Iraq’s territorial waters off Basra
Shipping

Marine Insurers Back Hormuz Peace Deal as Trump Says Iran Seeking ‘No Tolls’

The global marine insurance industry is cautiously welcoming recent diplomatic developments in the Strait of Hormuz as uncertainty continues over how the

June 24, 2026
Total Views: 439

Ships at anchor in the Persian Gulf
Shipping

IMO Tells Ships to Stay Put, Await Instructions as Hormuz Evacuation Begins

The International Maritime Organization is telling thousands of ships stranded in the Persian Gulf to stay put and await instructions as it begins evacuating

June 24, 2026
Total Views: 1310

A tugboat pours water on the container ship Zim Kingston after it caught fire off the coast of Victoria, British Columbia, Canada
Shipping

Containership Fire Breaks Out Every 17 Days as Misdeclared Cargo Remains Major Threat

A container ship fire now occurs somewhere in the world roughly every 17 days, highlighting the persistent danger posed by misdeclared and undeclared dangerous

June 24, 2026
Total Views: 2806

Sounion oil tanker on fire in Red Sea. EUNAVFOR ASPIDES/Handout via REUTERS
News

Allianz: The Age of Predictable Shipping Is Over

The global shipping industry is entering a new era defined by geopolitical tension, fragile supply chains and heightened uncertainty, according to Allianz

June 24, 2026
Total Views: 941

Tuesday, June 23, 2026
Aerial view of the ammonia-capable Newcastlemax bulk carrier Mineral Latvia maneuvering with tug assistance near an Australian export terminal. Large spherical ammonia fuel tanks are visible on the aft deck, highlighting the vessel's alternative-fuel design.
Shipping

Fortescue, CMB.TECH Sign Deal for Up to 12 Ammonia-Capable Bulk Carriers

Australian mining giant Fortescue has signed an agreement with Belgian shipping group CMB.TECH to charter up to 12 ammonia-capable Newcastlemax bulk

June 23, 2026
Total Views: 924

EUNAVFOR warship escorts a containership in the Red Sea as part of the EU's Operation ASPIDES
News

Geopolitical Instability Remains Shipping’s Top Concern for Fourth Straight Year

The global shipping industry continues to view geopolitical instability as its greatest business risk, according to the International Chamber of

June 23, 2026
Total Views: 574

Tankers are seen off the coast of the Fujairah amid the U.S.-Israel conflict with Iran
News

First Ships Return to Hormuz’s Central Corridor Since War Began

By Lori Ann LaRocco – There are signs of a slow return to normalcy in the Strait of Hormuz, but it will take time for tanker owners and operators

June 23, 2026
Total Views: 1090

IMO Secretary-General Arsenio Dominguez speaks during the 76th session of the IMO Technical Cooperation Committee at IMO Headquarters, seated behind a "Secretary General" nameplate in a wood-paneled conference chamber.
Shipping

IMO Launches Evacuation of 11,000 Seafarers Still Trapped in Persian Gulf

The International Maritime Organization will begin a large-scale evacuation of more than 11,000 seafarers still stranded in the Persian Gulf following last

June 23, 2026
Total Views: 2179

A large crude oil tanker identified as MT Davina sails in open ocean under partly cloudy skies. The black-hulled vessel is viewed from above and ahead, with another ship visible on the horizon in the background.
Shipping

Who Will Govern Hormuz? Iran and Oman Begin Talks on Future Navigation and Maritime Services

Iran and Oman have begun formal talks on the future administration of navigation in the Strait of Hormuz, including maritime services and associated costs,

June 23, 2026
Total Views: 769

Monday, June 22, 2026
FILE PHOTO: Oil tanker HELGA is moored at one of Iraq's southern offshore oil terminals near Basra
Shipping

Strait of Hormuz: Mines and Dual Transit Regime Complicate Return to Normal

The Strait of Hormuz is open again, but shipping companies are returning to a waterway that looks very different from the one that existed before the war.

June 22, 2026
Total Views: 8778

Birds fly near the Jag Vasant vessel transferring LPG at a port after transiting the Strait of Hormuz amid supply disruptions linked to the U.S-Israeli conflict with Iran, in Mumbai
News

Hormuz Traffic Slowly Picking Up as Oil and LNG Tankers Resume Transits

Oil and liquefied natural gas tankers sailed through the Strait of Hormuz on Monday, in a sign of traffic slowly picking up after Iran said it had again closed

June 22, 2026
Total Views: 666

A large crude oil tanker identified as MT Davina sails in open ocean under partly cloudy skies. The black-hulled vessel is viewed from above and ahead, with another ship visible on the horizon in the background.
Shipping

Trump Treasury Issues Sweeping Iran Oil Waiver, Marking Sharp Break From ‘Maximum Pressure’

The Trump administration has issued a sweeping temporary sanctions waiver authorizing the production, sale and shipment of Iranian oil, a dramatic reversal of

June 22, 2026
Total Views: 1214

Friday, June 19, 2026
Dali Key Bridge wreckage
Shipping

Dali Chief Engineer Admits Criminal Conduct in Baltimore Bridge Allision

Federal prosecutors have reached a deferred prosecution agreement with the chief engineer of the containership Dali, with the veteran Indian mariner admitting

June 19, 2026
Total Views: 22706

bulk carrier at sea
Shipping

Genco’s Proxy Victory Caps Months of Fighting With Diana Shipping

The overwhelming re-election of Genco Shipping & Trading’s board this week marked the latest chapter in a takeover battle that has pitted two of the

June 19, 2026
Total Views: 536

A large crude oil tanker identified as MT Davina sails in open ocean under partly cloudy skies. The black-hulled vessel is viewed from above and ahead, with another ship visible on the horizon in the background.
News

More Than 20 Million Barrels Leave Iran as Post-War Oil Trade Reawakens

Iran is shipping large amounts of oil that had previously been held back by a US blockade, a potential boost for Tehran after it signed an interim peace deal

June 19, 2026
Total Views: 641

FILE PHOTO: U.S. President Donald Trump speaks next to Defense Secretary Pete Hegseth during a cabinet meeting in the Cabinet Room at the White House
News

Iran Asserts Control Over the Strait of Hormuz

Less than 48 hours after President Donald Trump signed a memorandum of understanding with Iran to end the conflict and restore freedom of navigation through

June 19, 2026
Total Views: 14334

Drone view of oil tanker HELGA berthed at one of Iraq's southern offshore oil terminals near Basra
Shipping

Iran’s New ‘Toll by Insurance’ Raises Stakes in Strait of Hormuz

By Lori Ann LaRocco – The already volatile security picture in the Strait of Hormuz has taken a sharp turn for the worse as Iran moves to assert de

June 19, 2026
Total Views: 7308

Thursday, June 18, 2026
FILE PHOTO: U.S. Vice President JD Vance speaks with the media as he arrives at Joint Base Andrews, Maryland, U.S., May 28, 2026
Shipping

U.S. Downplays Possibility of Hormuz Tolls as Negotiations Restart

The US-Iran interim peace deal took effect and shipping started returning to the Strait of Hormuz as the US declared an end to its blockade and a complex

June 18, 2026
Total Views: 1200

A drone view shows vessels anchored at the Strait of Hormuz, as seen from Musandam
News

What Sanctions are There on Iran and Will They be Lifted?

LONDON, June 18 (Reuters) – The interim deal to end the Iran war will include a waiver on sanctioned oil sales but the country still

June 18, 2026
Total Views: 706