June 29, 2026
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June 16, 2026

BIMCO comments regarding a reported Peace Deal between the US and Iran

International Shipping, Maritime, Maritime safety, Shipping, Shipping Line, Trade, Trending News
LONDON: BIMCO’s executives issued the following comments, after the reported deal between the US and Iran. From Jakob Larsen, Chief Safety & Security Officer at BIMCO: “The statements by the US and Iran are
June 16, 2026

Strait of Hormuz reopening won’t end shipping risks

Export - Import, Foreign Ports, International Shipping, Marine Insurance, Maritime, Maritime safety, Maritime Security, Shipping Line, Trade, Trending News
LONDON: A proposed US-Iran deal to reopen the Strait of Hormuz is raising hopes for global shipping and oil markets. But naval mines, high insurance costs and geopolitical risks mean disruption could persist for
June 16, 2026

Sallaum Lines orders its Largest Vessels, 2 + 2 8,600 CEU Dual-Fuel Car Carriers

International Shipping, Shipping Line, Trade, Trending News
LIMASSOL: Sallaum Lines has ordered the two largest vessels in its history, signing a shipbuilding contract with Xiamen Shipbuilding Industry Co., Ltd. (XSI) for 2 + 2 next-generation Pure Car and Truck Carriers (PCTCs).
June 15, 2026

Let the oil flow: Trump announces completion of US-Iran peace deal, removes naval blockade on Hormuz

Export - Import, Business, COMMERCE, Global Trade, International Shipping, Logistics, Maritime, MSME, Shipping, Shipping Line, Trade, Trending News
WASHINGTON DC: United States President Donald Trump on Monday announced the completion of the peace deal between the US and Iran, declaring the reopening of the strategically important Strait of Hormuz and the immediate
June 15, 2026

World welcomes US-Iran peace deal as major diplomatic breakthrough for regional stability

Export - Import, Business, COMMERCE, Global Trade, International Shipping, Logistics, Maritime, MSME, Shipping, Shipping Line, Trade, Trending News
DOHA: World leaders on Monday welcomed the peace deal announced between the United States and Iran, describing it as a major diplomatic breakthrough that could help restore stability in West Asia, reopen the Strait
June 15, 2026

Nirmala Sitharaman flags global risks, says PM Modi Govt ensuring supply stability amid crude, Hormuz pressures

Shipping, Business, Economy, MSME, Shipping Line, Tax, Trade, Trending News
BENGALURU: Union Finance Minister Smt. Nirmala Sitharaman on Sunday said India faces risks from crude prices, West Asia tensions and Strait of Hormuz disruptions, but Prime Minister Narendra Modi’s government has ensured there is
June 15, 2026

What the Red Sea Crisis teaches Importers and Exporters about Supply Chain Resilience

Export - Import, Shipping, Shipping Line, Trade, Trending News
By Mr. Yogesh Parekh, Director, Parekh Global For decades, global shipping was guided by a simple assumption: the most efficient route would remain the preferred route. The Red Sea-Suez Canal corridor represented that assumption
June 15, 2026

US-Iran deal eases uncertainty over the war – but there is much still to play out

Export - Import, Business, COMMERCE, International Shipping, Maritime, Shipping Line, Trade, Trending News
LONDON: Finally, after what have seemed like countless false starts, a deal has been agreed by the US and Iran. Both sides have predictably claimed victory. President Trump has boldly declared: “This Great Deal
June 15, 2026

Xeneta Weekly Ocean Container Shipping Market Update: Rates Trending Higher

Container, Export - Import, International Shipping, Logistics, MSME, NVOCC, Shipping Line, Trade, Trending News
OSLO: The Xeneta Weekly Ocean Container Shipping Market Update provides data and intelligence including the latest freight rate and capacity movements across global trades with supporting insight from Peter Sand, Xeneta Chief Analyst. Xeneta
June 13, 2026

Iran-US peace deal expected in Geneva to include Hormuz reopening, ceasefire extension: Reports

Export - Import, Business, COMMERCE, Foreign Ports, International Shipping, Maritime, MSME, Shipping Line, Trade, Trending News
WASHINGTON DC: Despite Iranian officials maintaining that reports of a deal with the US to end the conflict in West Asia remain “merely speculation”, a memorandum of understanding between Tehran and Washington is expected
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