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Maritime Insurer Gard Cancels War Risk Cover for Iran and Gulf Waters
Mar 2, 2026 ... removing cover for war risks occurring in Iranian waters and across the Persian/Arabian Gulf and adjacent waters, including parts of the Gulf of Oman. All other terms of the affected insurance ...
UAE's Jebel Ali Port Operations Resume After Temporary Halt: Report
Mar 2, 2026 ... at DP World's four terminals at the UAE's Jebel Ali Port have resumed following a brief suspension on Sunday, according to reports. All four terminals at Jebel Ali ...
Shipping Firm MSC Cancels All Middle East Cargo Bookings
Mar 2, 2026 ... companies CMA CGM, Hapag-Lloyd and AP Moller Maersk have also announced similar precautionary adjustments to some sailings in the ...
Hapag-Lloyd Adds War Risk Surcharge for Middle East Shipments
Mar 2, 2026 ... dynamic situation around the Strait of Hormuz and the necessary operational adjustments are causing disruptions throughout the network, which will impact schedules and equipment ...
Bunker Buyers Brace for Highest Prices in Years as Analysts Expect Oil to Hit $100/bbl Following Iran Strikes
Mar 2, 2026 ... price across 20 of the world’s primary bunkering ports, ended Friday at $543.50/mt. A jump to $80/bbl for bent this weekend would be enough to push G20-VLSFO prices Monday over ...
From Engine Room to Living Room: LEGO Maersk Dual-Fuel Methanol Boxship Highlights Growing Public Awareness of Shipping's Energy Transition
Mar 2, 2026 ... Greater public awareness has several implications for Shipping's energy transition. ...
UKMTO Reports New Ship Attack Near Sharjah
Mar 1, 2026 ... security in the region. The ship came under attack about 35 nautical miles west of Sharjah at 4:45 PM UTC on Sunday, the UK Maritime Trade Operations agency said in a social media ...
IMO Secretary-General: Vessels Should Avoid Transiting Strait of Hormuz
Mar 1, 2026 ... the previous day. "I am deeply concerned by reports that several seafarers have been injured in attacks on merchant vessels," Dominguez said. "No attack on innocent ...
Oil Skyrockets By 9% After U.S. Bombs Iran, Top Islamist Leaders Killed
Mar 1, 2026 ... of Hormuz as a strong sign that supply disruptions were imminent. As of 23:41 GMT, Brent jumped $6.54, or 9 percent, to $79.41 per barrel, while West Texas Intermediate climbed $5.55, or 8 ...
Two More Ships Attacked in Strait of Hormuz: UKMTO
Mar 1, 2026 ... agency said in social media posts. In the first incident, a ship was struck by a projectile about 17 nautical miles north-west of Mina Saqr in the UAE at 8:05 AM UTC. A fire caused by ...