Lloyd's List

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FOR MANY years, shipowners on panels and quarterly calls have been asked: What happens if the Strait of Hormuz closes? The response was almost always the same: If it ever …

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AT LEAST nine vessels have been attacked since the US and Israel first began strikes on Iran on Saturday, February 28. Three seafarers and two port workers have lost their …

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LLOYD’S List Intelligence data indicates around 250 internationally trading bulk carriers are stranded in the Middle East Gulf following the effective shutdown of transits through the Strait of Hormuz. More …

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Regional overview Operational situation appears largely unchanged, though is some additional disruption in Qatar. Strait of Hormuz traffic remains severely disrupted, and shipping companies continue to avoid transits through the …

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A STENA-controlled tanker has been attacked in the Middle East Gulf as the conflict in the region continues to impact commercial shipping. Bahamas-flagged, 158,425 dwt suezmax Sonangol Namibe (IMO: 9325049) …

DONALD Trump may have promised to ensure the FREE FLOW of ENERGY to the WORLD, but for the moment the world of insurance and shipping remain sceptical of his capitalised …

CONTAINERSHIP newbuild orders continue to pile up, and yet, no one seemed worried about overcapacity at TPM26, America’s largest annual container shipping event. There was no sense of doom and …

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THE prospect of US naval escorts and state-backed war risk insurance has been greeted across the shipping and insurance sectors with scepticism and confusion as traders await further details of …

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LIQUIFIED petroleum gas carriers are poised for increased tonne-mile demand and lower rates as Chinese importers look at raising imports from the US amid the turmoil in the Strait of …

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IF SOME of the world’s most respected news agencies, broadcasters and business newspapers are to be believed, ships transiting the Middle East had their war risk insurance policies pulled at …

KEY container lines are accelerating their withdrawal from Middle East Gulf trades as the security situation around the Strait of Hormuz deteriorates, prompting a wave of booking suspensions, voyage terminations …

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INCIDENTS of Global Navigation Satellite System interference have surged in the Middle East Gulf and the Gulf of Oman since the onset of the war in Iran, with hundreds of …

A CONTAINERSHIP has been hit by what experts say is a missile while transiting the Strait of Hormuz. Malta-flagged 1,740 teu Safeen Prestige (IMO: 9593517) was heading eastbound through the …

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DEMAND is building to get tankers moving through the Strait of Hormuz. Insurers are ready to price the risk and there are owners now willing to take the risk premium …

THE EFFECTIVE closure of the Strait of Hormuz and QatarEnergy’s halt of its liquefied natural gas operations have caused LNG spot shipping rates to spike. Spark Commodities’ Atlantic basin assessment …

The US had ruled out naval protection for tankers transiting the Strait of Hormuz on Monday, according to industry officials. By Tuesday evening US President Donald Trump had reversed that …

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SHIPS with a perceived American, British or Israeli nexus are now paying three times more for Middle East war risk cover than tonnage not associated with those countries, according to …

AROUND 200 internationally trading, non-sanctioned, tankers, are effectively stranded in the Middle East Gulf after the total halt of vessel movements through the Strait of Hormuz. According to data from …

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ASIAN bunker prices have risen sharply as the turmoil in Iran threatens supplies to the eastern hemisphere. Data from commodity index firm General Index (GX) show that Singapore very low …

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CHINESE financial markets have been set alight by the Middle East conflict and the accompanying closure of the Strait of Hormuz, with shipping-related stocks and futures surging dramatically in the …

PRESIDENT Trump said on Sunday that the US intends to sustain its assault on Iran for “four to five weeks”, if necessary. Iran has so far shown no interest in …

THE Middle East containership market may not be big compared to the transpacific, Asia-Europe or intra-Asia, but the abrupt loss of this trade for liners will have outsized repercussions. The …

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OIL and gas carriers were berthed in Iranian terminals on Monday, while outbound tanker traffic through the Strait of Hormuz essentially ground to a halt. Satellite imagery suggested three vessels …

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A SMALL minority of shipowners have already indicated to charterers that they would risk transiting the Strait of Hormuz despite the escalating conflict, Lloyd’s List understands. Transits through the strait …

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THE STRAIT of Hormuz has effectively been closed, not by Iran, but by shipping itself. Transits of all vessel types were down 81% on Sunday, March 1 compared to Sunday, …

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A RAPID pullback of container vessels from the Strait of Hormuz has marked the most visible early rupture to Middle East Gulf‑bound liner trades as carriers move decisively to shield …