Hapag-Lloyd Faces $40 Million to $50 Million Weekly Costs Due to Middle East Conflict
German shipping company Hapag-Lloyd HLAG.DE is incurring additional costs of $40 million to $50 million per week due to the ongoing conflict in the
German shipping company Hapag-Lloyd HLAG.DE is incurring additional costs of $40 million to $50 million per week due to the ongoing conflict in the
Legal Gray Zone Emerges as Foreign Ships Enter Domestic Trades Under Emergency Waiver As the Trump administration’s 60-day Jones Act waiver begins reshaping
A.P. Moller–Maersk says the Strait of Hormuz crisis is now reshaping global shipping networks, with the carrier warning that the key energy chokepoint is
Vessels seeking to transit the Strait of Hormuz under Iranian protection are being asked to provide lists of crew and cargo, along with voyage details and
Iran said it rejected a US ceasefire proposal and maintained attacks on Israel and Gulf Arab states, delivering a blow to Washington’s efforts to end a war
A containership sailing from the United Arab Emirates toward Pakistan was forced to reverse course at the entrance to the Strait of Hormuz, offering one of the
By Salma El Wardany, Fiona MacDonald, Ben Bartenstein and Samy Adghirni (Bloomberg) — Iran has started charging transit fees on some commercial vessels
Bahrain has put forward a draft United Nations Security Council resolution that would authorize countries to use "all necessary means" - diplomatic language
President Donald Trump said the US would postpone strikes against Iran’s energy infrastructure after what he called “productive conversations” with the
Global oil prices have not climbed enough to cause demand destruction, U.S. Energy Secretary Chris Wright said on Monday at the CERAWeek energy conference
U.S. President Donald Trump said on Monday he had given orders to postpone any military strikes against Iranian power plants for five days, hours ahead of a
China has urged all parties involved in the Middle East conflict, particularly the U.S. and Israel, to cease military operations, warning of a "vicious
DUBAI, March 22 (Reuters) – The Strait of Hormuz remains open to all shipping except vessels linked to “Iran’s
U.S. President Donald Trump and Iran threatened to escalate their war by attacking energy and desalination facilities in the Gulf, a potential widening of
March 21 (Reuters) – A British nuclear-powered submarine equipped with Tomahawk cruise missiles has taken position in the Arabian Sea, giving Britain
By Shiyin Chen Mar 21, 2026(Bloomberg) –The US said Iran’s ability to threaten marine traffic on the Strait of Hormuz has been “degraded”
Multiple U.S.-flagged commercial vessels critical to America’s sealift capability are effectively stranded inside the Persian Gulf amid the U.S.-Israel
By Mihir Mishra and Alex Longley Mar 21, 2026 (Bloomberg) —The Iranian Navy guided an Indian liquefied petroleum gas tanker through the Strait of Hormuz
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) on Friday issued a new general license authorizing the delivery and sale of Iranian-origin crude
President Donald Trump on Friday signaled that U.S. military objectives against Iran are nearing completion, outlining a sweeping set of goals that include
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