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Iran Seizes Two Ships Amid Tensions in the Strait of Hormuz
On April 23, 2026, Iran escalated tensions in the Strait of Hormuz by seizing two ships, the MSC Francesca and…
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U.S. Defense Officials Warn of Extended Mine Clearance in Strait of Hormuz
The Pentagon has informed Congress that the complete removal of mines from the Strait of Hormuz, believed to be laid…
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Urgent Call for Action on Ship Retrofits to Achieve IMO’s Net-Zero Emissions Goal
Everllence has raised significant concerns regarding the feasibility of the International Maritime Organization’s (IMO) 2023 Greenhouse Gas (GHG) Strategy, which…
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Lavinia Tankers Expands Fleet with New Suezmax Order
Greek shipping company Lavinia Tankers is making significant strides in the crude tanker market by securing a fourth suezmax newbuilding…
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Shishi Dingsheng Shipping Expands Fleet with New Tanker Orders
China’s Shishi Dingsheng Shipping is making a significant move by diversifying its fleet beyond dry bulk carriers. The company has…
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Strait of Hormuz Faces Disruption Amid Rising Tensions
The Strait of Hormuz, a crucial oil transit route, is experiencing significant disruptions following a weekend of escalating tensions. The…
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Greek Cruise Ship Navigates Dangerous Waters in Strait of Hormuz
The Celestyal Discovery, a cruise ship with Greek interests, recently faced a perilous journey through the Strait of Hormuz, marking…
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Thai Bulk Carrier Attacked Near Strait of Hormuz Amid Rising Tensions
On March 11, 2026, the Thai bulk carrier ‘Mayuree Naree’ was attacked while navigating the critical Strait of Hormuz, a…
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Korean Business Leaders Target Growth in India and Vietnam
Korean business leaders are seizing the opportunity presented by President Lee Jae Myung’s official visits to India and Vietnam this…
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Oil Prices Surge Amid Middle East Tensions
Oil prices experienced a significant increase on Monday, driven by escalating tensions in the Middle East, particularly following the U.S.…
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