World

A seafarer has been killed after a Russian drone strike hit a merchant vessel in the Black Sea, marking a new escalation in attacks targeting commercial shipping in the region.  According to security sources and maritime authorities, three merchant vessels flying the flags of Panama,...

Shipping traffic is continuing to move through the Strait of Hormuz despite renewed uncertainty triggered by conflicting political announcements and ongoing regional tensions involving Iran and the United States.  After a confusing sequence of declarations over recent days, shipowners initially received confirmation that the Strait would remain open following a Memorandum of Understanding between the US and Israel on 18 June. However, Iran later announced a closure two days afterwards, linking its decision to Israeli air...

Fortescue is pushing further into ammonia-powered shipping through a new charter agreement with CMB.TECH, covering up to 12 Newcastlemax bulk carriers designed either for ammonia dual-fuel operation or future conversion.  The agreement includes up to three 210,000 dwt ammonia dual-fuel Newcastlemax vessels, expected to enter service with CMB.TECH’s dry bulk arm Bomicar by the end of 2026. In...

The Strategic Shipping Initiative (SSI) is calling for urgent regulatory alignment at the global level to address mounting pressure on the ship recycling industry, as more than 16,000 vessels are expected to require dismantling before the end of the decade. At the centre of the debate is the lack of coherence between two key international frameworks: the International...

The Islamabad Memorandum of Understanding signed by the United States and Iran on 17 June 2026 does not make Iran...

Cathay Cargo is to increase its freighter fleet capacity with the lease of an Airbus A330P2F converted freighter through Air...

A major $102.5 million road resurfacing program is underway across British Columbia’s Lower Mainland and Vancouver Island, targeting some of the province’s most heavily used highway corridors. The works form part of a broad infrastructure maintenance effort designed to repair road surfaces affected by long-term traffic loads and weather-related wear, according to the latest project update. The program focuses on restoring key transport routes that are...

As hopes rise following the agreement between the United States and Iran to end months of conflict, tanker owners are...

The signing of a memorandum of understanding (MoU) between Iran and the United States has been welcomed by the maritime insurance community, but industry leaders caution that a return to normal shipping operations through the Strait of Hormuz remains far from immediate.  According to...

Rumours of a potential MSC investment in Hapag-Lloyd have sparked debate across the maritime industry, but industry experts believe that...