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Maritime News
Piracy Falls to Lowest Levels in 35 Years During First Quarter of 2026
Global maritime piracy and armed robbery incidents fell to levels not seen since 1991, reports the International Maritime Bureau in…
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Port News
Hormuz closure sends bunker prices to record levels
The ongoing war between Iran and the US/Israeli coalition has pushed bunker prices into record territory Ship&Bunker reports the average…
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Maritime News
Despite U.S. Sanctions, Iran’s Oil Exports Hit Record Levels
As Russia faces tightening Western sanctions on its oil exports, its producers may well look to Iran for tactics to…
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Port News
Flag-hopping hits extreme levels
The monthly publication of Clarksons Research’s World Fleet Monitor increasingly shows data that reflects the extraordinary geopolitical challenges and machinations…
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Marine World
Mississippi River Crisis: Low Water Levels Threaten Critical Harvest Season Shipping for Third Straight Year
The Mississippi River Basin is facing an emerging crisis as rapidly declining water levels threaten to restrict barge traffic during…
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Port News
Box rates rates sink to lowest levels since Red Sea crisis
Container freight rates are sliding further, with Drewry’s World Container Index (WCI) dropping 8% this week to $1,761 per feu…
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Marine World
Trump to Decide US Tariff Levels on Mexico, Canada as Tuesday Deadline Approaches
U.S. President Donald Trump is expected to decide on Monday what levels of tariffs he will impose early on Tuesday on Canada and Mexico…
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Maritime News
Offshore Wind Lifts Taiwan’s Wind Power Generation to Record Levels
Last week, Taiwan reported peak wind production levels with presence of a strong northeast monsoon off its coast. The…
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Maritime News
Late Arriving Containership Delays Reach Highest Levels Since Pandemic
The average delay for containerships behind schedule has continued to increase in 2024 rising to the highest levels except…
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