Maritime News
Latest insights on ocean freight, port operations, and global trade dynamics.
U.S. Eyes 18th-Century Law to Seize and Sell Iranian Oil
The US government is exploring an unusual legal route for dealing with Iranian oil and ships captured as part of its blockade: bringing back a wartime maritime system that has barely been used for generations, according to Bloomberg. The Justice Department, w…
MacGregor says demand for its electric cranes is BOOMING in 2026
Demand for MacGregor’s maritime cranes has been strong in the first half of 2026, and Swedish heavy lift experts say their electric offerings are now making up more than 80% of the company’s new crane orders.
Analysis: How Venezuela’s oil reserves change the game for the US, OPEC and the Strait of Hormuz
The U.S. gains control of 65 billion barrels through 100-year concessions — The agreement opens a new chapter for energy security, prices, OPEC, and geopolitical competition with China The post Analysis: How Venezuela’s oil reserves change the game for the US…
Iran vows to block adversaries from reopening Strait of Hormuz
Heightened tensions over the Strait of Hormuz could disrupt global oil markets and hinder diplomatic resolutions, impacting regional stability. The post Iran vows to block adversaries from reopening Strait of Hormuz appeared first on Crypto Briefing.
Strait of Hormuz Tanker Traffic Climbs Sharply, but It Remains Well Below Prewar Shipping Levels
Tanker traffic through the Strait of Hormuz increased by over 30% last week, yet remains below pre-war levels due to ongoing conflict involving the US, Israel, and Iran.
Crude oil prices end winning run with first weekly fall in nearly a month. Can liquid gold slide further?
Crude oil prices posted their first weekly decline in three weeks as improving flows through the Strait of Hormuz eased supply concerns. Brent fell over 5% for the week, while WTI declined more than 4%. However, prolonged shipping disruptions could push price…
Pakistan’s Fresh Proposals to End U.S.-Iran Conflict
Opening the Strait of Hormuz has become the number one goal of the United States
US Looks To Revive 'Prize Courts' For Iranian Oil Seizures
US Looks To Revive 'Prize Courts' For Iranian Oil Seizures The US government is exploring an unusual legal route for dealing with Iranian oil and ships captured as part of its blockade: bringing back a wartime maritime system that has barely been used for g…
Crude prices fall despite Hormuz tanker disruptions
Crude oil prices are heading for a weekly decline despite weak tanker traffic through the Strait of Hormuz amid escalating tensions between Iran and the United States. Brent crude was trading at $89.17 per barrel as of Friday, down 5.3 per cent for the week, …
Iran conflict pushes VLCC rates to $650,000 per day amid Strait of Hormuz risks
Rising VLCC rates due to Iran conflict highlight potential global oil supply disruptions and increased geopolitical tensions in maritime trade. The post Iran conflict pushes VLCC rates to $650,000 per day amid Strait of Hormuz risks appeared first on Crypto B…
MARAD Activates SUNY Maritime Training Ship Empire State VII for Undisclosed National Mission
The U.S. Maritime Administration is preparing to activate SUNY Maritime College’s training ship Empire State VII for a federal mission expected to last approximately 170 days, potentially taking the vessel away from...
The murky lagoon harbouring a centuries-old maritime mystery
The elusive Deadwater wreck is Western Australia's longest-running maritime mystery, encompassing colonial eyewitness accounts, artefacts tenuously linked to the wreck, and vivid folklore involving treasure, matricide and piracy.
Iran faces economic strain amid ongoing tensions with US and Israel
Iran's economic strain amid tensions may exacerbate regional instability, impacting global markets and Strait of Hormuz shipping routes. The post Iran faces economic strain amid ongoing tensions with US and Israel appeared first on Crypto Briefing.
DOJ is turning to an ancient body of law to capture Iranian oil tankers. It’s been so long since the U.S. used it, ‘we’d have to conduct a séance’
The Justice Department is reviving prize law, a centuries-old set of rules that could streamline the process of seizing enemy vessels.
Trump claims US Navy cleared Hormuz mines, but safety warnings persist
Despite Trump's claim, persistent safety warnings highlight ongoing geopolitical tensions and uncertainty affecting maritime risk perceptions. The post Trump claims US Navy cleared Hormuz mines, but safety warnings persist appeared first on Crypto Briefing.
Nusantara.
Joel at Far Outliers is posting excerpts from his current reading, Empire of the Winds: The Global Role of Asia’s Great Archipelago, by Philip Bowring, and I found Naming ‘Maritime Southeast Asia’ extremely enlightening: This region is often referred to as ‘m…
IRGC denies US claims of open Strait of Hormuz amid rising tensions
Rising tensions over the Strait of Hormuz could disrupt global energy markets, heightening geopolitical risks and impacting international trade. The post IRGC denies US claims of open Strait of Hormuz amid rising tensions appeared first on Crypto Briefing.
Russian Arctic LNG Carrier ‘Alexey Kosygin’ May Be Awaiting Repairs at Chinese Shipyard
Russia’s newly delivered Arc7 ice-class LNG carrier Alexey Kosygin has spent nearly two weeks circling off China’s eastern coast after delivering a cargo from the sanctioned Arctic LNG 2 project, raising questions over whether the vessel is awaiting repairs a…
IMO Net-Zero Talks Resume With Carbon Pricing at Center of Debate
Governments will return to London next week for another round of negotiations over the International Maritime Organization’s Net-Zero Framework, with countries still sharply divided over the future of the landmark...
Oil tanker route earnings near $510K daily amid Iran war impacts
The surge in tanker earnings highlights vulnerabilities in global oil supply chains, emphasizing the need for diversified energy strategies. The post Oil tanker route earnings near $510K daily amid Iran war impacts appeared first on Crypto Briefing.
The numbers of the War in Iran: 7,900 dead, oil up 22%, only 7 ships a day passing through the Strait of Hormuz, $37.5 billion cost for the US
Six months after the US & Israeli attack on Tehran, the figures from the conflict, which still has no visible end, reveal the scale of the consequences for the parties involved The post The numbers of the War in Iran: 7,900 dead, oil up 22%, only 7 ships a da…
Iran sets conditions for reopening Strait of Hormuz, top security official Rezaei says
Aug 27 (Reuters) - Iran is preparing a list of conditions for reopening the Strait of Hormuz after mediators asked Tehran to set them out, said Mohsen Rezaei...
Daily Digest: Salesforce shares pop over 20%, Solano supes sink shipyard plans
Meanwhile, Coldwell Banker marks 120 years in San Francisco with a celebration at its Pacific Heights office. State of the Tri-Valley The Tri-Valley isn't waiting for an invitation. It's making its own. 40 Under 40 The San Francisco Business Times is acceptin…
Coast Guard Offers 120-Day Relief for Mariners Caught in Credentialing Backlog
The U.S. Coast Guard is offering temporary relief to some merchant mariners whose credentials expired while their renewal applications were caught in a processing backlog at the National Maritime Center....
Navy gets 1st multipurpose vessel Samarthak; to boost surveillance, weapons testing
Defence News: New Delhi: In a boost to the country’s maritime surveillance and reconnaissance powers, India’s first multi-purpose vessel (MPV) Samarthak, built by L.
Tanker Hit in Strait of Hormuz as Trump Declares ‘Mission Accomplished’ in Iran
Another tanker has been struck by a projectile while transiting the Strait of Hormuz, underscoring the continued risks to commercial shipping even as President Donald Trump declared victory in Iran...
Trump Says Navy Has Cleared Iranian Mines From Strait of Hormuz
President Donald Trump announced Tuesday that the U.S. Navy has cleared all remaining mines from international waters in the Strait of Hormuz, while warning Iran that any attempt to deploy new mines will draw an immediate military response. Iran placed mines …
Strait of Hormuz Traffic Ticks Higher Amid New Diplomatic Push
Commodity vessel traffic at the Strait of Hormuz rose slightly over the past 24 hours amid diplomatic efforts to discuss temporary corridors or tentative reopening of the Middle East’s most vital oil and gas chokepoint. Ten commodity vessels made the Strait o…
Oil prices remain low; Strait of Hormuz at center of Iran, Oman negotiations - Fox News
Oil prices remain low; Strait of Hormuz at center of Iran, Oman negotiationsFox News Iran threatens 45 tankers with fines, confiscation in Hormuz escalationReuters Iran updates: Iranian parliament advances plans for Hormuz service feesAl Jazeera Iran's Tanker…
WIM Nigeria empowers Lagos fishers with boats, nets
The Nigeria Chapter of Women in Maritime Africa has donated two fishing boats and fishing nets to members of Tomoro Village, Araromi Onisiwo Island, in Lagos State, as part of its ongoing efforts to empower coastal communities and promote inclusive participat…
US allies question Trump’s claim of mine-free Strait of Hormuz, warn of threats
Allied skepticism over mine-free claims heightens uncertainty in the Strait of Hormuz, risking global economic stability and U.S.-Iran tensions. The post US allies question Trump’s claim of mine-free Strait of Hormuz, warn of threats appeared first on Crypto …
Gavin Newsom rips local officials for stalling billionaire-backed California Forever shipyard
Gov. Gavin Newsom ripped Solano County officials for stalling California Forever’s shipyard — while throwing his weight behind its billionaire backers.
San Francisco's Hunters Point cleanup scandal leads to major settlement
A former Navy cleanup contractor will pay $57 million to resolve allegations that workers falsified environmental testing data during the long-running cleanup of San Francisco's Hunters Point Naval Shipyard. The contractor, Tetra Tech EC Inc., was accused of …
Aramco Finds a New Way to Keep Saudi Crude Flowing to China
Saudi Arabia is not waiting for the Strait of Hormuz to return to normal to deliver its crude to Asia. It is building a workaround, one tanker handoff at a time. Saudi Aramco is offering more September crude to Asian buyers through ship-to-ship transfers outs…
US government revives Civil War-era court to claim Iranian oil
Reviving prize courts could set a precedent for peacetime maritime seizures, potentially escalating global tensions and impacting oil trade dynamics. The post US government revives Civil War-era court to claim Iranian oil appeared first on Crypto Briefing.
Why Hormuz remains high risk for ships despite US claims of mine-clearing
Analysts say mine clearance alone is unlikely to make shipping 'safe' in the Strait of Hormuz.
Panama Canal Chief: ‘Every Drop of Water Counts’ as Prolonged El Niño Looms
The Administrator of the Panama Canal is warning that the upcoming El Niño season will be longer and is taking the necessary precautions now to conserve water. “What we see in the future is a very, very low level of precipitation,” said Ricaurte Vasquez, Adm…
USSOCOM Seeks Battery Bottles
SOFWERX, in collaboration with USSOCOM Program Executive Office Maritime, Undersea (PEO-M-U), will host a virtual Assessment Event on 30 September 2026. The PEO-M-U Program Office is engaging industry to determine the readiness of the manufacturing base to ev…
TOKYO, Aug 26 : Oil prices dropped about 2 per cent on Wednesday, adding to the previous session's losses, on fresh hopes the Strait of Hormuz could reopen after Iran said it had resumed talks with neighbour Oman on managing the strategic waterway.Brent crude…
Trump hopes sanctions will topple Iran's regime - its leaders are betting otherwise - BBC
Trump hopes sanctions will topple Iran's regime - its leaders are betting otherwiseBBC Oil tanker attacked in Strait of Hormuz as Iran claims plan to shoulder Trump sanctionsFox News New US sanctions signal Trump desperation on Iran, experts sayAl Jazeera Opi…
Oil tanker attacked as it tried to sneak through Strait of Hormuz via US-protected route — after Iran vowed retaliation for sanctions
An oil tanker was struck near the Strait of Hormuz overnight as Iran vowed to retaliate against the US over the latest sanctions and economic threats slapped against the regime.
Iran and Oman establish temporary shipping corridor through Strait of Hormuz
The temporary corridor may stabilize global energy markets but highlights the need for a permanent solution to ensure long-term security. The post Iran and Oman establish temporary shipping corridor through Strait of Hormuz appeared first on Crypto Briefing.
Panama Canal Auction Hits New Record at $5.3 Million
By Ruth Liao, Lucia Kassai and Nicholas Lua (Bloomberg) — A shipper needing to transit the Panama Canal bid a record $5.3 million to secure its spot, according to people familiar...
Trump says all mines cleared from Strait of Hormuz - BBC
Trump says all mines cleared from Strait of HormuzBBC Oil tanker attacked in Strait of Hormuz as Iran claims plan to shoulder Trump sanctionsFox News Trump: Mines fully removed from Strait of HormuzAxios Iran war live: Trump claims US Navy demined Hormuz, war…
Trump says Strait of Hormuz has been demined, warns Iran not to plant more
In a post on Truth Social, Trump said the United States, through its Space Force, was watching "every square inch" of the Strait, a key waterway in the global energy supply chain.
In-depth Suezmax study makes CAPEX case for T-BOSS® sterntubeless shaftline system
An in-depth evaluation study based on reference data from a Suezmax crude oil tanker has demonstrated the benefits of using Thordon Bearings’ innovative T-BOSS® shaftline solution instead of a conventional oil...
Iran and Oman Unveil Framework for Future Management of Strait of Hormuz
Iran and Oman have unveiled a framework for restoring safe navigation through the Strait of Hormuz, including a temporary shipping corridor, joint mine-clearing operations and further talks over the future...
Iran and Oman in talks to jointly manage Strait of Hormuz navigation
Joint management of the Strait of Hormuz by Iran and Oman could stabilize global energy markets, reducing geopolitical tensions and supply disruptions. The post Iran and Oman in talks to jointly manage Strait of Hormuz navigation appeared first on Crypto Brie…
IMO Sounds Alarm as Somali Pirates Hold More Than 90 Seafarers
The International Maritime Organization is calling for urgent action against a resurgence of piracy in the Gulf of Aden, where six merchant ships and more than 90 seafarers are now...
Maritime regulator investigating multiple claims of illegal seaweed harvesting in protected areas
The Journal Investigates found that MARA, the maritime regulator, is investigating multiple claims but is struggling to determine who is responsible.