Maritime News

Latest insights on ocean freight, port operations, and global trade dynamics.

Denmark reaffirms commitment to Nigeria’s maritime safety
Market Trends

Denmark has committed to further cooperation with Nigeria on maritime security, focusing on intelligence sharing and capacity building in the Gulf of Guine Read More: https://punchng.com/denmark-reaffirms-commitment-to-nigerias-maritime-safety/

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Iranian attacks sink two ships in Strait of Hormuz - The Washington Post
Market Trends

Iranian attacks sink two ships in Strait of HormuzThe Washington Post Iran war live: Cargo ships sunk in Hormuz, Houthis claim Riyadh attackAl Jazeera Container ship sinks in Strait of Hormuz as Iran steps up attacksCNBC Two container ships sink near strait o…

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Why a remote Philippine island chain near Taiwan is drawing China’s attention
Market Trends

Less than 200km south of Taiwan, Batanes is the Philippines' northernmost province. Growing maritime tensions with China and Manila's deepening defence ties with the US and Japan are drawing fresh attention to the strategically located island chain.

Two container ships sink near strait of Hormuz amid surge in Iranian attacks - The Guardian
Market Trends

Two container ships sink near strait of Hormuz amid surge in Iranian attacksThe Guardian Cargo vessels sunk in Hormuz Strait during ongoing Iran attacksAl Jazeera Container ship sinks in Strait of Hormuz as Iran steps up attacksCNBC Iranian attack sinks conta…

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Heiltsuk Nation still seeking compensation 10 years after Nathan E. Stewart tugboat spill
Market Trends

Ten years after a tugboat ran aground in Haíɫzaqv (Heiltsuk) Nation territory and spilled thousands of litres of fuel, the nation said it is still seeking compensation for ongoing harms, including cultural losses.

Catherine Garrett
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Ship Sinks in Strait of Hormuz as Iran Escalates Maritime Attacks
Market Trends

Iran has quite obviously been surging its attacks on commercial shipping in the Strait of Hormuz in an attempt to wreak uncertainty and economic havoc for the Trump administration ahead of the November midterm elections, undermining a recent recovery in Persi…

OilPrice.com
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Container Shipping’s Red Sea Comeback is Outpacing the Risk Warnings
Market Trends

Suez Canal container transits just topped half of pre-disruption levels for the first time, even as the security case for the Red Sea moves the wrong way.

Glenn Taylor
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Bulk Carrier Sinks Weeks After Deadly Strait of Hormuz Strike
Market Trends

By Jonathan Saul and Renee Maltezou LONDON, Oct 14 (Reuters) – A container ship and a dry bulk carrier have both sunk near the Strait of Hormuz in the past...

Attacks in Strait of Hormuz reach highest level since start of US Iran war, security data shows
Market Trends

At least ten vessels have been attacked in the Strait of Hormuz since Sunday amid ongoing conflict. Four vessels were struck on Tuesday while six were attacked on Sunday, marking the highest daily total. Two seafarers are missing, and a container ship has rep…

Container ship sinks in Strait of Hormuz as Iran steps up attacks - CNBC
Market Trends

Container ship sinks in Strait of Hormuz as Iran steps up attacksCNBC Oil prices steady after gains on Iran's new tactics to target tankersReuters Two Cargo Ships Sink Near Strait of Hormuz, as Iranian Attacks IncreaseWSJ Iran shifting tactics to step up atta…

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Shipshow: The world’s waterways are at war
Market Trends

The world's most critical shipping lanes are becoming battlegrounds as Iran targets commercial vessels in the Strait of Hormuz, the Houthis threaten shipping through the Bab al Mandab, and Russia and Ukraine wage an escalating maritime war in the Black Sea. B…

The LWJ Editors
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Container ship sinks in Strait of Hormuz as Iran steps up attacks
Port Operations

Iran has escalated its strikes on commercial ships transiting Hormuz in recent weeks, as it tries to choke off a rebound in crude oil exports.

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Maritime board bill proposes unified decision-making system
Port Operations

Kerala Maritime Board (Amendment) Bill 2026 proposes CM-led unified port governance, port development authorities, land bank and 45-year PPPs to boost investment.

Times News Network
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A Saudi-Iran dean may keep the Bab al-Mandab Strait open
Market Trends

Behind the armed conflict between Riyadh and Yemen’s Houthi movement lies a much broader strategic struggle: the rivalry between Saudi Arabia and Iran, two regional powers whose competing interests have influenced the political and security landscape of the M…

Steven Sahiounie
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U.S. Shipping Regulator Proposes $200,000 Fees on Spanish Ships Over Port Ban
Port Operations

The U.S. Federal Maritime Commission (FMC) is proposing $200,000 fees on Spanish-flagged vessels entering American ports, along with restrictions on billions of dollars in Spanish imports, after concluding that Spain’s...

Mike Schuler
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Container ship sinks in Strait of Hormuz as Iran steps up attacks
Port Operations

Iran has escalated its strikes on commercial ships transiting Hormuz in recent weeks, as it tries to choke off a rebound in crude oil exports.

Spencer Kimball
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Container ship hit by projectile sinks in Strait of Hormuz, Singapore says
Market Trends

All 21 sailors on GFS Pride were evacuated safely after it was hit by an unidentified projectile on Tuesday, Singaporean authorities say.

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AMATO raises concern over alleged assault on truckers in Ibadan
Market Trends

The Association of Maritime Truck Owners has condemned the alleged assault of a truck driver and his motor boy by Indian nationals at a company in Ibadan. Read More: https://punchng.com/amato-raises-concern-over-alleged-assault-on-truckers-in-ibadan/

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Two ships hit by projectiles in Strait of Hormuz, maritime agency says
Market Trends

A tanker and a container ship were struck by projectiles of unknown origin in the Strait of Hormuz. This incident occurred while Iran has been asserting control over the waterway, blocking transit since the onset of the war. An investigation into the attacks …

UK reports tanker hit by projectile in Hormuz Strait
Port Operations

The United Kingdom Maritime Trade Operations (UKMTO) reported on Tuesday that an "unknown projectile" struck a tanker in the Strait of Hormuz. "Vessels are advised to transit with caution and report a...

breakingthenews.net
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A container ship was attacked in the Strait of Hormuz for the second time in a day
Port Operations

The British Maritime Trade Center reported an attack on a container ship in the Strait of Hormuz. This is the second attack on a container ship in the Strait within a day, along with attacks on tankers.

Israel National News
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Hormuz ships pummeled with worst attacks of the Iran War — as oil flows plummet
Port Operations

Ships around the Strait of Hormuz are suffering their worst attacks of the war so far, with 24 ships struck in the past two weeks — causing oil exports to plummet to less than half the pre-war flow.

Ronny Reyes
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Odisha police to launch advanced coastal surveillance to boost security
Market Trends

Odisha Police to launch Unified Coastal Surveillance Network with upgraded command centre, cameras and sub-control hubs for real-time maritime security monitoring.

Debabrata Mohapatra
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Hanwha’s Philly Shipyard struggles test Korea-US MASGA shipbuilding plan
Market Trends

Hanwha’s Philly Shipyard faces high costs, labor shortages and limited orders, raising concerns over the Korea-US MASGA initiative to revive American shipbuilding.

News Team
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India-Iran NSAs hold conversation amid fresh incidents in Hormuz Strait; Saudi situation
Market Trends

India and Iran's National Security Advisers exchanged views on regional tensions following Houthi attacks and maritime security concerns. They discussed the recent incidents in the Strait of Hormuz that affected Indian seafarers. The conversation included top…

Dipanjan Roy Chaudhury
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Greek diplomatic sources: Libya’s claims regarding exploration south of Crete are baseless – Greece will continue dialogue
Market Trends

In the absence of a maritime delimitation agreement with Libya, Greece applies the median line in accordance with international law. Libya itself has also announced offshore blocks based on this line, the sources note The post Greek diplomatic sources: Libya’…

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Argentina targets UK in legal claim over Falklands oil exploration
Market Trends

The action filed with an international maritime tribunal is the latest development in an escalating row over the Falkland Islands.

Angus Thompson
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Argentina lodges legal claim against UK's Falklands oil exploration
Market Trends

The action filed with an international maritime tribunal is the latest development in an escalating row over the Falkland Islands.

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Indo-Pacific Maritime Security Cooperation
Market Trends

This essay explores Southeast Asian perspectives on Quad-driven maritime security cooperation in the Indo-Pacific. Through expert analyses from Indonesia, Singapore, and Vietnam, it evaluates regional perceptions of Quad initiatives based on three primary var…

October 13, 2026
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Stock Is Up Today
Market Trends
4 days agoBiztoc.com

Stock Is Up Today

What Happened? Shares of crude oil tanker operator DHT Holdings (NYSE:DHT) jumped 4.3% in the pre-market session after the company provided an update on its expected fleet time charter equivalent earnings for the third quarter of 2026. According to the compan…

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Crude nears $107 as Middle East attacks escalate
Market Trends

Brent crude oil prices rose to nearly $107 per barrel on Monday following fresh attacks on Saudi Arabia and oil tankers near the Strait of Hormuz. Read More: https://punchng.com/crude-nears-107-as-middle-east-attacks-escalate/

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Matson Christens First of Three New Aloha Class Containerships at Hanwha Philly Shipyard
Market Trends

Matson has christened the first of three new Jones Act containerships at Hanwha Philly Shipyard, marking another milestone in the carrier’s $1 billion fleet renewal program as the Philadelphia yard...

Mike Schuler
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Tanker Data Shows Millions Fewer Barrels A Day Crossing Hormuz Than Energy Secretary Says
Market Trends

Tanker-tracking data shows a smaller recovery in oil flowing through the Strait of Hormuz than Energy Secretary Chris Wright described Monday.

Simon August
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MATSON CHRISTENS NEXT ALOHA CLASS VESSEL 'MAKUA'
Market Trends

First of Three New Containerships Will Enter Service in 2027 PHILADELPHIA, Oct. 12, 2026 /PRNewswire/ -- Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, and Hanwha Philly Shipyard, Inc. (HPSI), a leading U.S. shipbuilder of ocean-going merch…

Moxie Media to Launch Moxie Connect 2026 Event Alongside the International WorkBoat Show
Market Trends

Moxie Media will host its first dedicated user event, Moxie Connect: User Conference 2026, a complimentary event open to all maritime professionals, on Wednesday, December 2, at the Ernest N....

gCaptain
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Connecting maritime digitalisation to process
Market Trends

While the technology needed to digitalise maritime operations is already here, much remains to be done to ensure organisations and their people are equipped to use it effectively, according to...

gCaptain
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ABS and U.S. Department of Energy Sign MOU on Maritime Applications of Advanced Nuclear Technology
Market Trends

ABS and the U.S. Department of Energy’s (DOE) Office of Nuclear Energy have signed a memorandum of understanding to advance modern commercial nuclear technology at sea. The agreement spans floating...

gCaptain
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New Reports Reveal Five More Ships Hit Near Hormuz
Port Operations

Five more commercial vessels were struck in and around the Strait of Hormuz on Sunday, including a containership and four tankers, as attacks on merchant shipping continue to escalate across...

Mike Schuler
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Soaring Tanker Rates Leave Americas Awash in Crude Oil
Port Operations

Dense heavy crude, which oil refiners around the world favor for its typically low cost, is piling up in the Americas as soaring freight rates have stifled exports and US refiners have been running close to their limits.

Americas have glut of heavy oil due to freight squeeze; Asia, Europe scramble for barrels
Port Operations

HOUSTON, Oct 12 : Dense heavy crude, which oil refiners around the world favor for its typically low cost, is piling up in the Americas as soaring freight rates have stifled exports and US refiners have been running close to their limits. The glut in North an…

Stock Market Today: Nasdaq Drops As Lumentum Dives; Tanker Firm Navios Glides Into Buy Zone (Live Coverage)
Market Trends

The Dow Jones Industrial Average rose as it outperformed other major indexes Monday, holding to higher ground as Chevron (CVX) gained with energy stocks climbing alongside oil prices. Tanker name Navios Maritime Partners (NMM) made a bullish move on the stock…

investors.com
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After oil increasingly left the Gulf, Iran is trying to regain its stranglehold on shipping - CNN
Market Trends

After oil increasingly left the Gulf, Iran is trying to regain its stranglehold on shippingCNN WATCH: Black smoke BILLOWS from tanker attacked in Strait of HormuzFox News Hormuz attacks intensify as efforts to end war on Iran stallAl Jazeera Matter of time: V…

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IRGC Navy says it hit third supertanker in Strait of Hormuz
Market Trends

The Islamic Revolutionary Guard Corps Navy struck a supertanker in the Strait of Hormuz for non-compliance. Two Indian nationals remain missing after a separate drone attack on MT Petro Dolphin earlier this month. The search-and-rescue operations are active, …

‘Shilphata has become Strait of Hormuz’: MNS leader Raju Patil slams traffic chaos
Port Operations

Pramod Patil of the Maharashtra Navnirman Sena highlighted severe traffic congestion affecting commuters on Kalyan-Shilphata road. The protest aimed to demand immediate action to repair potholes and manage heavy vehicle traffic effectively. Citizens and polit…

Pradeep Gupta
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Iran Says US Response To Its Proposal To Reopen Hormuz Was ‘Insufficient’
Market Trends

DUBAI, Oct 11 (Reuters) – The United States’ response to Iran’s seven conditions in a proposal to reopen the strategic Strait of Hormuz was “insufficient”, Iran’s security chief, Mohsen Rezaei, was quoted by state...

Iran: US response to conditions for reopening Strait of Hormuz is insufficient
Market Trends

Iran says the US response to its seven conditions for reopening the Strait of Hormuz is insufficient, as indirect negotiations continue through Qatar.

Elad Benari
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UK says tanker struck by drone off Oman
Port Operations

The United Kingdom Maritime Trade Operations (UKMTO) said it has reclassified an earlier incident it reported on as an attack, following confirmation that a tanker had been hit by a drone."Local autho...

breakingthenews.net
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UK reports tanker incident near Oman's Sohar
Port Operations

The United Kingdom Maritime Trade Operations (UKMTO) reported a suspicious incident involving a tanker near the Sohar anchorage in Oman.According to the agency, the condition of the crew, the extent o...

breakingthenews.net
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Dramatic Videos Show Several Tankers On Fire In Strait Of Hormuz This Weekend
Market Trends

Dramatic Videos Show Several Tankers On Fire In Strait Of Hormuz This Weekend Yet another tanker has been struck in the Strait of Hormuz on Sunday, which brings the total number to at least two or possibly as many as three suffering damage in the last 24 ho…

zerohedge.com
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UK says tanker hit by projectile in Strait of Hormuz
Port Operations

The United Kingdom Maritime Trade Operations (UKMTO) said that it has received a report of an outbound tanker being hit by an unknown projectile in the Strait of Hormuz.The hit caused a fire on board,...

breakingthenews.net
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