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Insurance and Naval Escorts May Not be Enough to Reboot Gulf Shipping

Insurance and Naval Escorts May Not be Enough to Reboot Gulf Shipping

War risk at the Strait of Hormuz continues to deter shipowners from venturing near to Iran, and AIS-active traffic remains 90 percent below normal levels, according to MarineTraffic. Despite the haz...

Oman Rescues Crew of UAE Containership Struck by Missile

Oman Rescues Crew of UAE Containership Struck by Missile

A small feeder containership, Safeen Prestige, became the fourth vessel targeted by the Iranians in and around the Straits of Hormuz over the past 24 hours. The Royal Navy of Oman reports it evacuat...

Report: MSC and BlackRock Push to Complete Hutchison Deal for Port Ops

Report: MSC and BlackRock Push to Complete Hutchison Deal for Port Ops

Nearly a year after the deal was first announced for a consortium of MSC Mediterranean Shipping Company and U.S. investment group BlackRock to acquire the global port operations of Hong Kong-based C...

Jebel Ali Port Resumes Operations as Most Regional Ports Remain Operational

Jebel Ali Port Resumes Operations as Most Regional Ports Remain Operational

  After widespread reports of a possible missile strike and a fire at the Jebel Ali Port in Dubai, operations resumed on Monday. Most ports across the Middle East report operations are continuing d...

Container Lines Adjust to New Risks in Strait of Hormuz and Red Sea

Container Lines Adjust to New Risks in Strait of Hormuz and Red Sea

Following the exchange of attacks between Iran, its neighbors and American forces in the Mideast, ocean carriers are proceeding with caution. For safety, many have paused Hormuz transits for now. In a...

Cruise Lines Navigate Gulf Conflict Amidst Continued Iranian Strikes

Cruise Lines Navigate Gulf Conflict Amidst Continued Iranian Strikes

  Given the centrality of the oil trade to the GCC states, tankers have rightfully received the most attention of any vessel class in the new conflict in the Gulf. But cruising is increasingly popu...

Panama’s Ports Resume Operations as Investigations Continue

Panama’s Ports Resume Operations as Investigations Continue

Government officials and the Panama Maritime Authority are highlighting the resumption of operations at the ports at each terminus of the Panama Canal as they work to complete the transition to Maer...

Permanent Dock Replaces Ice Pier at U.S.’s McMurdo Station in Antarctica

Permanent Dock Replaces Ice Pier at U.S.’s McMurdo Station in Antarctica

  The new McMurdo Dock Pier has successfully arrived at the U.S.’s Antarctica station as the operation marks 70 years since it was first launched. According to the reports, the arrival of the docki...

Fincantieri Delivers First Ultra-Luxury Yacht Cruise Ship for Four Seasons

Fincantieri Delivers First Ultra-Luxury Yacht Cruise Ship for Four Seasons

The delivery of the ultra-luxury Four Seasons I was completed at Fincantieri’s Ancona shipyard on February 25. The first of two cruise ships on order for the storied hotel and lifestyle brand, it is...

China and Hutchison Condemn “Illegal Takeover” of Port Terminals

China and Hutchison Condemn “Illegal Takeover” of Port Terminals

The Hong Kong Government and CK Hutchison condemned the actions of the Government of Panama, saying they would seek legal recourse after Panama took possession of the terminals in Balboa and Cristob...