Panama Canal Near Capacity as Hormuz Crisis Drives Surge in U.S. Energy Exports
Traffic through the Panama Canal is climbing sharply as disruption in the Strait of Hormuz drives more U.S. energy exports toward Asia and Pacific markets,
Traffic through the Panama Canal is climbing sharply as disruption in the Strait of Hormuz drives more U.S. energy exports toward Asia and Pacific markets,
The global shipping industry has released sweeping new guidance for vessels transiting the Strait of Hormuz, warning that even if the waterway remains
The world’s largest shipping association said the Trump administration’s abrupt suspension of “Project Freedom” has injected fresh uncertainty into an
The United States has launched a major naval-backed operation in the Strait of Hormuz aimed at guiding stranded commercial vessels out of the conflict zone,
Fresh warnings from the world’s largest shipping association are underscoring how far the Strait of Hormuz remains from normal, even as new comments from
International Maritime Organization faces a defining moment next week as global shipping groups line up in rare unity behind the regulator ahead of renewed
The global shipping industry is urging caution after declarations from both Washington and Tehran that the Strait of Hormuz is “open,” warning that
Global seaborne crude oil shipments have fallen 16% since the start of the Iran war, according to the BIMCO, highlighting the scale of disruption rippling
The global shipping order book has climbed to its highest level in nearly two decades, as a wave of tanker contracting and sustained newbuilding demand across
Following the announcement of a two-week ceasefire between the United States and Iran and a partial reopening of the Strait of Hormuz, shipping industry
The world’s largest shipping association says a proposal by U.S. President Donald Trump to provide political risk insurance for vessels operating in the
A newly announced trade agreement between the United States and India could significantly reshape global crude oil flows and tanker demand, potentially cutting
Longer average sailing distances are expected to support dry bulk demand through 2026, helping offset rising fleet growth and keeping market conditions
More than three months have passed since the last Houthi attack on commercial shipping in the Red Sea, yet the Suez Canal remains well below capacity.
The dry bulk shipping sector has seen a dramatic pullback in new vessel orders, with bulker newbuilding contracting capacity falling 54% year-over-year to 25
The global tanker shipping industry stands at a crossroads as crude and product carriers face starkly different market conditions over the next two years,
The crude tanker sector is experiencing its most significant shipbuilding boom in nearly a decade, with the order book-to-fleet ratio climbing to 14.1
The Tripartite Forum of shipbuilders, shipowners and classification societies convened in Busan, South Korea last week, bringing together more than 70
A recycling overhang of at least 500 container ships totaling 1.8 million TEU has accumulated in the global fleet, according to new analysis from BIMCO, as
The Baltic and International Maritime Council is expediting development of a standard industry clause to address contractual uncertainties arising from
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up