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SHIPPING ROUTE
6,000 sailors stranded near Strait of Hormuz as UN maritime chief warns against passage amid rising ship attacks and US-Iran tensionsThousands of seafarers remain stranded in the Strait of Hormuz amid escalating maritime attacks and risks. The International Maritime Organ...- Global container freight prices surge 130% since February amid Middle East tensions: JefferiesGlobal container freight rates have surged by 130 percent since February 2026 due to Middle East tensions. India's container-based export-i...
- Ukraine in talks with India, other partners to open Black Sea grain corridorUkraine is engaged in discussions with Turkey, Egypt, and India regarding Black Sea agricultural exports. The country's food exports heavil...
- Oil tanker on fire after hitting mine in Hormuz: Iran's GuardsAn oil tanker struck a mine south of the Strait of Hormuz, resulting in significant damage after the explosion. The tanker was reportedly n...
- US military says Hormuz remains open, 97% of ships cross safely despite Iran attacksThe US military claims that 97% of vessels have transited the Strait of Hormuz safely. This follows recent incidents where Iranian projecti...
- Trump's shadow fleet loophole: Easing US sanctions on oil tankers may not lower fuel costsIn an effort to address soaring shipping costs, the Trump administration is evaluating the possibility of easing restrictions on sanctioned...
- The 'biggest' risk to Asia’s economies isn’t over yet, IMF warnsThe IMF has warned that a prolonged Middle East war and renewed disruptions to energy production, shipping routes and critical infrastructu...
- Attacks in Strait of Hormuz reach highest level since start of US Iran war, security data showsAt least ten vessels have been attacked in the Strait of Hormuz since Sunday amid ongoing conflict. Four vessels were struck on Tuesday whi...
- Record oil tanker rates put pressure on Asian refiners, IEA saysAsian oil refiners are facing increased shipping costs that are significantly affecting their profit margins. The cost of transporting oil ...
- Two ships hit by projectiles in Strait of Hormuz, maritime agency saysA tanker and a container ship were struck by projectiles of unknown origin in the Strait of Hormuz. This incident occurred while Iran has b...
- Could Iran target the Gulf’s digital backbone? The risks to data centres and internet cables explainedIran's warning raises concerns about the vulnerability of Gulf data centres and digital infrastructure to potential attacks. Recent escalat...
- The Andaman Islands could be India's next big trade trump cardIndia is focusing on strengthening the Andaman and Nicobar Islands' strategic maritime role for regional trade. The upcoming Andaman Dialog...
- Oil Price Today (October 13): Crude oil falls to $105 as traders assess Russian supply, Mideast attacks. What’s next?Brent crude futures fell 61 cents, or 1.05%, to $105 a barrel, while US West Texas Intermediate crude futures declined 92 cents, or 1.05%, ...
- Oil ticks lower as Russia diesel supply prospects counter Gulf supply risksOil prices dipped following a prior rise, with Brent crude futures down by 61 cents per barrel. Traders weighed supply risks stemming from ...
- Port of Los Angeles sets September volume record, executive director saysThe Port of Los Angeles achieved a new record for container volume in September with over one million TEUs. This increase is attributed to ...
- US-China supertanker freight cost eases from record, data showsFreight rates for shipping US crude oil to China have recently eased after reaching record levels. The rate dropped to $634,974 per day, a ...
- Brent commands a war premium as Middle East supply risks keep oil on edgeBrent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For I...
- F-35 parts were sent from Australia to Hong Kong: How a shipping error put sensitive US stealth technology near ChinaA shipment containing sensitive F-35 components was mistakenly routed through Hong Kong due to a communication failure. The parts were init...
- ET Evoke: ‘Shipping, moving 80% world trade, is far more volatile than stocks,’ says Harvard University's Myrto KalouptsidiMyrto Kalouptsidi, Harvard professor of international economics, explains how shipping disruptions at chokepoints such as Hormuz, Suez and ...
- Ships take long way around as drought snarls Panama CanalThe month of August and September witnessed an impressive 70% rise in maritime traffic transiting the Strait of Magellan. This surge is pri...
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