Houthis 'Sitting on the Fence' Over Red Sea Attacks Despite US Strike on Iran
While the US attack on Iran appears to have completely ended any hopes of a return to Red Sea transits, delegates at this year’s S&P TPM event in Long Beach w...
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10,748 articlesMSC Imposes $800 Surcharge on Middle East Cargo Due to Conflict
MSC, the world's largest shipping company, has implemented an $800 surcharge on all containers booked for Middle East destinations impacted by the ongoing Iran ...
Maersk introduces emergency freight increase amid Strait of Hormuz disruption
Maersk has announced an emergency freight increase for shipments to and from several Middle East ports following the escalation of security risks in the region ...
Zodiac Maritime Expands Tanker Newbuilding Orderbook
London-based Zodiac Maritime is accelerating its crude carrier fleet renewal by adding five more tankers to its newbuilding program, with construction planned i...
CMA CGM Implements Emergency Cargo Measures for Gulf Shipments
CMA CGM has introduced emergency operational measures for shipments to and from several Middle East countries due to the evolving security situation in the regi...
Suisse-Atlantique Secures Five Ultramax Newbuilds in China
Swiss bulker owner Suisse-Atlantique is set to expand its fleet, with market reports indicating a significant order for five ultramax newbuild vessels placed in...
AD Ports Group Affirms Full Operations Amid Strait of Hormuz Tensions
AD Ports Group has confirmed that all its operations across its various clusters are continuing as normal, despite recent regional developments. The Group has a...
VLCC Rates Skyrocket as Strait of Hormuz Disruptions Intensify
Very Large Crude Carrier (VLCC) and Suezmax tanker rates have reached historic highs due to a severe shortage of available vessels following the weekend's repor...
Suspected Kamikaze Drone Attack Ignites Sanctioned Russian LNG Carrier in Mediterranean
A Russian-controlled, sanctioned Liquefied Natural Gas (LNG) carrier caught fire in the central Mediterranean, with authorities and security firms suspecting a ...
HMM Union Threatens Strike Over HQ Relocation to Busan
South Korea's flagship shipping company, HMM, is facing a potential strike and legal action from its onshore union. The union is protesting plans by major share...
VLCC Boom Propels Hengli to Top Spot Among Chinese Yards by Order Volume
Hengli Heavy Industry has been a regular fixture among Splash headlines for the last few years, the northeastern Chinese yard amassing vast amounts of orders fr...
Protecting Ships and Seafarers Amid Middle East Conflict
Punit Oza offers guidance to shipping companies and managers on welfare, security, and human-centered leadership during a crisis. The ongoing conflict in the Mi...