White House Weighs U.S. Backstop for Tanker Insurance Amid Gulf Shipping Crisis
President Donald Trump will review a set of policy options on Tuesday aimed at controlling energy prices during the escalating Middle East conflict,
President Donald Trump will review a set of policy options on Tuesday aimed at controlling energy prices during the escalating Middle East conflict,
By Gavin van Marle (The Loadstar) – After ONE cancelled bookings to Middle East Gulf ports yesterday, its chief executive, Jeremy Nixon, told delegates
India began rationing natural gas on Tuesday while countries around Asia looked to the spot market to replace supplies, activated emergency plans and prepared
Iran conflict has transformed container shipping from overcapacity concerns to a sudden supply crunch, with 750 ships trapped and insurers refusing coverage.
London's marine insurance market has expanded the Gulf high-risk zone to include Bahrain, Djibouti, Kuwait, Oman and Qatar as the Middle East conflict
The effective shutdown of commercial traffic through the Strait of Hormuz has jolted global shipping markets after coordinated U.S. and Israeli strikes on Iran
The global marine insurance market is rapidly retrenching from the Persian Gulf as escalating military conflict between the United States, Israel, and Iran
The escalating military conflict in the Middle East has placed seafarers and port workers on the front lines of a geopolitical crisis, prompting urgent calls
Within hours of launching Operation Epic Fury on Iran, U.S. forces struck the Shahid Bagheri, Iran’s first dedicated drone carrier, according to the
The Strait of Hormuz has entered its most dangerous phase in years after a concentrated wave of missile and drone attacks struck five commercial vessels across
Oil and gas prices surged as Israeli and U.S. strikes on Iran disrupted Middle East facilities and shipping through the Strait of Hormuz. Four tankers damaged,
Qatar shut down LNG production at the world's largest export facility after an Iranian drone attack, sending European gas prices surging over 50%.
Secretary of War Pete Hegseth stood at the Pentagon press podium this morning and named Iran’s threat to “global shipping lanes” as a core
By Lori Ann LaRocco – Three vessels involved in the transport of sanctioned Iranian oil have been struck in the first 24 hours of Operation Epic Fury. Oil
A Crowley-managed product tanker was struck by projectiles while berthed at the Port of Bahrain early Monday, killing one shipyard worker and injuring two
By Emily Chow and Jeslyn Lerh SINGAPORE (Reuters) – Marine insurers are cancelling war risk coverage for vessels and oil shipping rates are set to surge
The world’s most vital energy artery is under siege. Following coordinated U.S. and Israeli strikes that killed Iran’s Supreme Leader Ayatollah Ali
U.S. Central Command has confirmed the sinking of an Iranian Jamaran-class corvette at a pier in Chah Bahar during the opening hours of Operation Epic Fury,
There are moments when geopolitics feels distant from daily life. This is not one of them. By Paul Morgan (gCaptain) – With confirmed US–Israeli
Trump's strikes on Iran threaten the Strait of Hormuz, a critical chokepoint for 20% of global oil supply. Traffic has dropped sharply as Iran's 3.3M barrel
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up