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Middle East Conflict: Straits of Hormuz Transits remain 95% Down

LONDON: Clarksons Research, the data and analytics arm of the Clarksons Group have been closely monitoring shipping activity and markets impacted by the conflict....

ClassNK issues Statement of Fact (SOF) for the performance analysis evaluation for the automated kite system ‘Seawing’ developed by “K” LINE and OCEANICWING

TOKYO: ClassNK has confirmed the validity of the performance analysis evaluation for the automated kite system ‘Seawing’, which is being developed by Kawasaki Kisen...

Iran’s FM Abbas Araghchi says Strait of Hormuz open but bars US, Israel-linked vessels

TEHRAN: Iran’s Foreign Minister Abbas Araghchi has said that the strategically vital Strait of Hormuz remains operational for international shipping, but vessels linked to...

Indian Navy Warships to keep watch on India-bound vessel in Strait of Hormuz

NEW DELHI: The Indian Navy deployed multiple warships to escort two Indian-flagged LPG tankers through the Strait of Hormuz safely between Friday night and...

Iran War escalation raises shipping costs and delivery risks for B2B sellers

CHICAGO: The escalating war in the Middle East is beginning to disrupt global shipping networks, raising freight costs and delivery logistics uncertainty for U.S....

Iran lets two gas tankers sail to India through Hormuz, sources

NEW DELHI : Iran has allowed two Indian-flagged liquefied petroleum gas carriers to sail through the Strait of Hormuz, four sources with direct knowledge...

Strait of Hormuz update – VLGCs ballasting from Gulf of Oman; Asian petchem receives a serious blow: Drewry

LONDON: Drewry AIS showcases several VLGCs that reached or were idling in the Gulf of Oman have altered course towards the USGC as buyers...

Yang Ming to Order Six 13,000 TEU Class LNG Dual-Fuel Containerships

KEELUNG CITY: To accommodate ongoing business development and facilitate the renewal of its existing operating fleet, Yang Ming Marine Transport Corp. (Yang Ming) held...

Drewry: World Container Index gain 8% Last Week

LONDON: Drewry’s World Container Index increased 8% to $2,123 per 40ft container this week. Drewry's detailed assessment for Thursday, 12 March 2026 The Drewry World Container...

Reports of Iran allowing Indian ships through Strait of Hormuz ‘premature’

NEW DELHI : The External Affairs Ministry on Thursday (March 12, 2026) said it is rather “premature” to discuss reports about India receiving permission...
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