English

Shipping

Business

Maersk returns another shipping service through Suez as risks remain

ADVERTISEMENT

ADVERTISEMENT

World News

Third tanker hit in Strait of Hormuz in 24 hours, UKMTO says

The UKMTO maritime agency is investigating the incidents and advised vessels in the area to proceed with caution.

Yemen

Cargo ship reports being attacked in the Red Sea, maritime agency says

"Vessels are advised to transit with caution and report any suspicious activity to UKMTO," the agency said.

Business

World's largest LNG container ship enters Asia-Europe service

Europe is investing in ever larger, cleaner container ships at a time when maritime sovereignty and supply-chain resilience have become strategic priorities.

Europe News

Shipping industry wary of resuming Strait of Hormuz navigation

The world's most important energy chokepoint may soon reopen, but insurance markets must regain confidence for the shipping sector to resume normal navigation. Meanwhile, Germany has dispatched two naval vessels for a possible mine clearance operation.

ADVERTISEMENT

Europe News

France detains tanker linked to network accused of moving Russian oil

The seizure is the latest evidence of France's efforts to crack down on vessels suspected of helping Russia evade sanctions imposed following Moscow's invasion of Ukraine.

Iran

Ship taken near UAE coast headed for Iranian waters, UK agency says

A ship has been taken near the UAE coast and is headed for Iranian waters, the UK's UKMTO said, in the latest vessel seizure around the Strait of Hormuz.

Economy

Global trade’s next top priority: Bypassing the Hormuz chokepoint

Global shipping firms are redesigning trade routes as tensions in the Strait of Hormuz disrupt supply chains, raise costs and expose the vulnerability of global commerce to geopolitical conflict.

Economy

Shipping fuel crunch raises fears of higher prices worldwide

Global shipping companies are bracing for fuel shortages and rising costs as the Iran war disrupts supplies of bunker fuel through the Strait of Hormuz.

Business

Maersk profit drops, maintains 2026 outlook despite Hormuz uncertainty

Danish shipping giant Maersk said on Thursday it was maintaining its 2026 outlook despite the war in the Middle East and uncertainty over disruptions to key trade routes through the Strait of Hormuz.

Economy

Shipping giant MSC opens new trade route to bypass Hormuz disruption

As tensions choke the Strait of Hormuz, Mediterranean Shipping Company races to keep global trade moving with new route.

Europe News

Brussels calls on EU countries to get tough on net-zero shipping goals

The high-level talks come after a disastrous meeting in October, when a proposal to tax shipping emissions was blocked by the United States. Within the EU, Greece, Italy and Malta remain hesitant to support the proposal.

Culture news

Historic ship 'Kyrenia II' sets sail once again in Cypriot waters

The 'Kyrenia II' ship was built in 1985 thanks to an ancient technique and made the journey from Piraeus to Paphos autonomously.

Business

Egypt–Italy Ro-Ro link gains traction connecting Europe and Gulf trade

An Egypt–Italy cargo corridor linking Europe and the Gulf is gaining traction as companies look for alternative trade routes amid disruption to key shipping lanes in the region.

Iran

Hormuz standoff shows no sign of letting up for shipping to resume

Maritime traffic in the Strait of Hormuz remained at minimal levels on Friday resulting in a giant parking lot, as the US-Iran standoff continues with the same cautious approach since Monday.

Germany

Germany resumes talks with Iran, Chancellor Friedrich Merz says

Merz also said that the continued Israeli military campaign in Lebanon could jeopardise peace talks expected between the United States and Iran over the war in the Middle East.

Iran

Confusion reigns over Hormuz reopening as Iran issues new conditions

Normal shipping in the Strait of Hormuz has not yet resumed as per the ceasefire deal, as Iran consolidates its hardline, unilateral position on lifting its blockade in apparent contradiction of the rollercoaster ceasefire deal.