By Dan Strumpf and Sudhi Ranjan Sen (Bloomberg) — The US sinking of an Iranian warship off Sri Lanka’s coast expands the deepening Middle East war to India’s doorstep, unsettling …
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President Donald Trump has removed Kristi Noem as Secretary of the U.S. Department of Homeland Security, ending a tenure that reshaped several key maritime policies—from historic funding for Coast Guard …
Global container shipping rates edged higher this week as Asian export activity begins to rebound following the Lunar New Year holiday, with carriers preparing to restore capacity across major trade …
By Curtis Williams, Scott DiSavino and Helen Clark HOUSTON/NEW YORK/PERTH, March 4 (Reuters) – Companies in the United States and Australia, two of the top global liquefied natural gas producers, …
By Lori Ann LaRocco – Hundreds of thousands of containers are in limbo after ocean carriers suspend cargo bookings to Arabian Container Ports. “You are looking at $10 billion worth …
War risk insurance for vessels transiting the Persian Gulf and Red Sea remains available despite a wave of cancellations tied to the escalating conflict in the Middle East, according to …
The global shipping industry is raising urgent warnings about the safety of civilian seafarers as escalating conflict in the Middle East halts commercial traffic through the Strait of Hormuz, strands …
By Saurabh Sharma NEW DELHI, March 5 (Reuters) – The U.S. attack on an Iranian warship in the Indian Ocean this week was the first time since World War Two …
By Samy Adghirni Mar 5, 2026 (Bloomberg) –France has reached out to the governments of Italy and Greece to coordinate efforts in the Eastern Mediterranean as tensions over the war …
Russia’s sanctioned Arctic LNG 2 export network is showing early signs of disruption after an explosion sank one of its shadow fleet carriers in the Mediterranean this week, forcing other …
A tanker anchored off Kuwait reported a large explosion late Tuesday followed by the departure of a small craft from the area, raising fresh concerns about maritime security in the …
The U.S. Court of International Trade has ordered U.S. Customs and Border Protection to begin unwinding tariffs imposed under the International Emergency Economic Powers Act (IEEPA), directing the agency to …
By Alex Longley and Christopher Charleston (Bloomberg) –It’s never been more expensive to ship crude from the US to Asia, though some deals are starting to fall through already with …
By Marwa Rashad LONDON (Reuters) – Qatar declared force majeure on gas exports on Wednesday amid the U.S.-Israeli war on Iran, with sources saying it may take at least a …
The European Commission on Wednesday unveiled sweeping new strategies aimed at strengthening Europe’s maritime industrial base and modernizing its ports, as Brussels seeks to boost competitiveness, enhance security, and accelerate …
An LNG carrier central to Russia’s sanctioned Arctic gas trade was rocked by an explosion around 4 a.m. on March 3 roughly 150 nautical miles southeast of Malta, in an …
Commercial shipping through the Strait of Hormuz has slowed to a near standstill as missile attacks, drone threats, and widespread electronic interference continue to rattle the region, according to the …
A containership transiting the Strait of Hormuz was struck by a projectile on Wednesday, damaging the vessel and forcing the crew to abandon ship in the latest escalation of attacks …
An Iranian Navy warship has been sunk by a U.S. Navy attack submarine in the Indian Ocean, marking what U.S. officials say is the first time since World War II …
By Stephen Stapczynski, Ruth Liao, and Salma El Wardany (Bloomberg) — Saad Sherida Al-Kaabi is facing the biggest crisis of his career. As energy minister for Qatar, the tiny Gulf …
By Charlotte Van Campenhout BRUSSELS (Reuters) – Belgium has imposed a 10 million euro ($11.61 million) bail on Russian oil tanker Ethera, which it seized on Sunday, the government said …
BIMCO Says Trump’s Tanker Insurance Plan Could Encourage Gulf Transits—But Naval Escorts Face Limits
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 Persian Gulf could help restore some confidence …
By Uditha Jayasinghe GALLE, Sri Lanka, March 4 (Reuters) – An Iranian warship has sunk off the coast of Sri Lanka, with the Sri Lankan authorities saying on Wednesday they …
By Weilun Soon, Ruth Liao and Serene Cheong Mar 4, 2026 (Bloomberg) –President Donald Trump says the US will ensure the free flow of energy through the Persian Gulf with …
On Friday, 20 February, Austal Defence Australia and Damen Shipyards Group signed a contract supporting the local construction of Landing Ship Transport (LST) 100 vessels for the Australian Defence Force. …
An LNG carrier central to Russia’s sanctioned Arctic gas trade was rocked by an explosion around 4 a.m. on March 3 roughly 150 nautical miles southeast of Malta, in an …
President Donald Trump said Tuesday he has directed the U.S. government to provide political risk insurance and financial guarantees for maritime trade transiting the Persian Gulf, while signaling that U.S. …
The crew of the sanctioned Russian LNG carrier Arctic Metagaz have been located alive after abandoning ship following a reported fire in the central Mediterranean, Maltese authorities confirmed Tuesday. In …
By Jarrett Renshaw and Timothy Gardner WASHINGTON, March 3 (Reuters) – President Donald Trump will review a set of policy options on Tuesday aimed at controlling energy prices during the …
By Bloomberg News (Bloomberg) – The Iran conflict has thrust container shipping from an industry bracing for a capacity glut to another potential “black swan” supply crunch. That paradigm shift …
By Emily Chow and Sudarshan Varadhan SINGAPORE, March 3 (Reuters) – India began rationing natural gas on Tuesday while countries around Asia looked to the spot market to replace supplies, …
By Gavin van Marle (The Loadstar) – After ONE cancelled bookings to Middle East Gulf ports yesterday, its chief executive, Jeremy Nixon, told delegates at the S&P Global TPM event …
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 over the weekend triggered the most …
Russian LNG Carrier ‘Arctic Metagaz’ Reportedly Ablaze Off Malta as Maritime Patrol Aircraft Circles
An LNG carrier identified as the Arctic Metagaz, part of Russia’s emerging shadow fleet transporting sanctioned liquefied natural gas, was reportedly on fire early Tuesday in the central Mediterranean off …
By Jonathan Saul LONDON (Reuters) – London’s marine insurance market has widened the area in the Gulf it deems as high risk as the conflict in the Middle East escalates, …
By Bloomberg News Mar 3, 2026 (Bloomberg) –China has called on all sides of the Iran war to ensure the safe passage of ships through the Strait of Hormuz, the …
By Yousef Saba and Ahmed Elimam LONDON, March 3 (Reuters) – Global oil and gas prices jumped on Tuesday as the U.S.-Israeli war on Iran halted energy exports from the …
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 from international maritime organizations for …
The global marine insurance market is rapidly retrenching from the Persian Gulf as escalating military conflict between the United States, Israel, and Iran pushes the region’s maritime risk profile to …
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 the Gulf of Oman …
The brief reprieve in Red Sea shipping attacks ended this weekend as Yemen’s Houthi movement signaled an imminent return to targeting commercial vessels, casting a shadow over what had been …
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 U.S. military. U.S. Central Command made the …
Major shipping organizations and maritime authorities are calling for the protection of seafarers and civilian vessels as escalating conflict in the Middle East continues to disrupt global trade routes and …
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 justification for Operation Epic Fury — …
(Bloomberg) – Qatar shut down liquefied natural gas production at the world’s largest export facility after it was targeted in an Iranian drone attack, sending European gas prices surging more …
By Reuters Staff LONDON (Reuters) – Oil and natural gas prices surged on Monday as Israeli and U.S. strikes on Iran and retaliation by Tehran forced shutdowns of oil and …
In-water hull cleaning is often treated as a necessary operational response to heavy fouling. However, when cleaning is performed reactively (after macrofouling is established), it typically requires aggressive mechanical force. …
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 further after the widening …
By Yousef Saba March 2 (Reuters) – Qatar halted its production of liquefied natural gas on Monday as Israeli and U.S. strikes against Iran and Tehran‘s retaliation prompted precautionary shutdowns …
By Alex Longley, Serene Cheong, Weilun Soon and Yongchang Chin Mar 2, 2026 (Bloomberg) –A venture that’s taken a dominant position in the global market for oil supertankers is asking …
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