Iraq—having recorded the largest oil supply shut-in volumes during the US–Israel–Iran conflict—may soon see a recovery in both production and exports following an agreement with Iran. For the first time since the conflict began, an Iraqi-laden crude tanker transited the Strait of Hormuz on Sunday. The return of Basrah barrels would provide a welcome source …
A two-week US-Iran ceasefire will not restore container shipping operations through the Strait of Hormuz to pre-conflict conditions, with ocean supply chain disruption and elevated rates expected to continue. Analysts at Xeneta – the leading ocean and air freight intelligence platform – expect carriers to take a cautious approach to the ceasefire. Alternative routings into …
Ship traffic through the Strait of Hormuz may climb over the next week to 25% of the pre-war total of January and February, from 10% since the Iran war started, after the US and Iran agreed a conditional ceasefire, according to an April 8 report by S&P Global Commodities at Sea(opens in a new tab). …
Hormuz traffic may climb to 25% of pre-war total over next week: CAS Read More »
Stolt-Nielsen Limited reported unaudited results for the first quarter ending February 28, 2026. The Company reported a first-quarter net profit of $47.5 million with revenue of $716.8 million, compared with a net profit of $151.4 million with revenue of $675.6 million in the first quarter of 2025, which included $75.2 million in one-off gains related …
Stolt-Nielsen Limited Reports First Quarter Net Profit of $47.5 Million Read More »
Mitsui O.S.K. Lines, Ltd. has collaborated with Shell Trading Rotterdam B.V. (Shell) to implement a book and claim model that enables the indirect generation(Note 2) of Environmental Attribute Certificates (EACs)(Note 3) derived from the use of low-carbon fuel on vessels operated by third parties. This initiative applies the theory of the Market Based Measures Accounting …
As many as 17 national and regional maritime clusters have underlined their commitment to improved like-minded cooperation and the worldwide sharing of best practice by joining the International Association of Maritime Clusters (IAMC), and many more are expected to follow suit in the next few months. Heading up the list of new members is the …
ScanReach announced that Dong Fang Offshore (DFO) has selected its ConnectPOB personnel-on-board (POB) and safety platform for deployment across the company’s existing and newbuild Commissioning Service Operation Vessels (CSOVs) and Cable Laying Vessels (CLVs) supporting offshore wind projects in Taiwan. Dong Fang Offshore is a key marine service provider supporting Taiwan’s offshore wind industry. The …
Dong Fang Offshore Selects ScanReach ConnectPOB for Offshore Wind Fleet Read More »
Grieg Maritime Group has signed a contract with GT Wings to install at least two of their AirWing™20 on their fleet. Energy efficiency will be crucial for both climate action and commercial success going forward. Waiting for new fuels and new ships will not be enough to succeed; measures must also be implemented on the …
The Maritime Authority of Jamaica has said paper-based processes are no longer fit for purpose in modern maritime operations, warning that outdated practices increasingly pose operational and safety risks in 2026. The Authority said it expects operators to be able to demonstrate how digital systems, cyber resilience and crew training are being addressed as part …
Jamaica calls time on paper-based maritime practices in 2026 Read More »
Soon, tourists and commuters along Norway’s stunning coastline will travel aboard “flying” electric ferries. Norwegian operator Boreal AS—a leader in sustainable transport—has ordered 20 Candela P-12 electric hydrofoil vessels from Sweden’s Candela Technology, marking the world’s largest electric fleet to date. The uniquely fast and silent hydrofoiling vessels will speed up commuting along Norway’s fjord-lined …
Norway to Deploy World’s Largest Fleet of ‘Flying’ Electric Ferries Along Its Coastline Read More »
