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Iran war costing Hapag-Lloyd $40-50...
The U.S.-led war in Iran is costing Hapag-Lloyd $40 million to $50 million per week, its chief executive said,...
Gulf conflict strands major share...
As the Middle East conflict continues, an analysis by maritime software provider Veson Nautical has revealed the staggering scale...
সমুদ্রপথে লাল–সবুজ পতাকাবাহী সর্ববৃহৎ ট্যাংকার...
বাংলাদেশের বহরে যুক্ত হয়েছে সমুদ্রগামী বিশালাকার নতুন ট্যাংকার। নতুন এই ট্যাংকারের নাম দেওয়া হয়েছে ‘এমটি ওমেরা লিবার্টি’। ইস্ট কোস্ট...
Iran Signals New ‘Permission-to-Transit’ Regime...
By Lori Ann LaRocco – Iran says it has begun enforcing new controls over shipping in the Strait of...
COSCO resumes Gulf bookings
posted on: Mar 29, 2026
The container shipping industry’s response to the fourth week of the Persian Gulf war shifted in a more optimistic direction on Wednesday as China’s state-backed COSCO Shipping Lines announced the resumption of new booking services for ordinary freight containers from the Far East to the Middle East, effective immediately — reversing a suspension imposed on March 4 when escalating conflict and Hormuz restrictions made the trade commercially unworkable. COSCO’s return covers the UAE, Saudi Arabia, Bahrain, Qatar, Kuwait and Iraq. The move follows Chinese Foreign Minister Wang Yi’s call to his Iranian counterpart Abbas Araqchi on March 24, urging Tehran to engage in negotiations with Washington as soon as possible to end the war — a signal that Beijing is applying diplomatic pressure to reopen the region’s trade arteries on which its own state carriers depend. South Korea received its own qualified relief when Iran’s ambassador to Seoul, Saeed...
Drone strikes crude oil tanker near the Bosphorus...
posted on: Mar 29, 2026
A Sierra Leone-flagged crude oil tanker under Turkish management, loaded with Russian crude, was reportedly struck by a drone in the Black Sea near the Bosphorus Strait on 26 March. According to Diaplous Intelligence, initial media reporting indicates the incident occurred about 15.0 nm off the Bosphorus Strait, Istanbul, Turkey, while the tanker was inbound from Novorossiysk, Russia toward Istanbul, Turkey. Bridge damage and engine-room water ingress were reported, with no crew injuries confirmed. Reported damage affected the bridge and the engine room, with subsequent water ingress. Emergency assistance was requested and Turkish response units/tugs were reportedly dispatched to the scene. No casualties were reported among the crew at the time of writing. Open-source reporting indicates the crew remained safe while emergency response operations were underway. Public reporting has not yet produced a definitive official attribution. Turkish authorities had not issued a confirmed public statement on the origin of...
Chinese Boxships Abort First Hormuz Exit Attempt, Undermining Iran ‘Safe Passage’ Claims...
posted on: Mar 29, 2026
By Jonathan Saul LONDON, March 27 (Reuters) – Two Chinese container ships turned backed after trying to exit the Gulf via the Strait of Hormuz on Friday, ship-tracking data showed, despite assurances from Iran that Chinese vessels could pass. The operator, China’s COSCO, had said in a March 25 client advisory that it had resumed bookings for general cargo containers for shipments from Asia to the United Arab Emirates, Saudi Arabia, Bahrain, Qatar, Kuwait and Iraq. The CSCL Indian Ocean and CSCL Arctic Ocean, both Hong Kong flagged, have been stuck in the Gulf since the U.S.-Israeli war with Iran began on Feb. 28. They attempted to pass through the strait at 0350 GMT on Friday but then turned back, analysis from the Kpler data platform showed. While this was the first crossing attempted by a major shipping group since the start of the war, Friday’s incident showed “safe passage could not be guaranteed,” Kpler analyst Rebecca Gerdes...
Captain Kazi A.B.M. Shameem, 24N: A Steady Hand at the Helm of the Bangladesh Marine Academy...
posted on: Mar 28, 2026
Captain Kazi A.B.M. Shameem, 24N: A Steady Hand at the Helm of the Bangladesh Marine Academy By Ghulam Suhrawardi, 6N The appointment of Captain Kazi A.B.M. Shameem (24N) as Commandant of the Bangladesh Marine Academy, Chattogram, marks an important and timely development for Bangladesh’s premier maritime training institution. At a moment when global shipping is undergoing rapid technological, regulatory, and environmental transformation, his leadership brings both experience and vision to an academy that has shaped generations of distinguished seafarers. A proud graduate of the 24th Nautical Batch of the Academy, Captain Shameem represents the continuity of a proud institutional tradition in which alumnis return to serve and strengthen the very foundations that shaped them. Over decades of professional service at sea and ashore, he has earned recognition as a disciplined mariner, thoughtful administrator, and committed advocate of international maritime standards. His earlier tenure as Commandant of the Bangladesh Marine...
China Is Escalating Panama Port Dispute With Surge in Ship Detentions, U.S. Regulator Warns...
posted on: Mar 28, 2026
A simmering dispute over control of key Panama Canal terminals is now spilling into global shipping lanes, with China detaining Panama-flagged vessels in its ports and U.S. regulators warning of potential fallout for international trade. In a statement issued Thursday, the Chairman of the Federal Maritime Commission(FMC), Commissioner Laura DiBella, said they are closely monitoring a surge in inspections and detentions of Panama-flagged ships at Chinese ports—actions that appear to go well beyond normal port state control practices and may be tied to escalating tensions between Beijing and Panama. The developments follow Panama’s decision earlier this year to strip Hong Kong–based CK Hutchison Holdings of its long-standing concessions to operate the Balboa and Cristóbal container terminals at either end of the canal. The move came after Panama’s Supreme Court invalidated the legal framework underpinning the 1997 concession agreements, prompting authorities to seize control of the facilities and install new operators. Under temporary arrangements, Maersk’s APM Terminals took over...
The Russian shadow fleet: Inside the ships that blur commerce and strategy...
posted on: Mar 28, 2026
Handout photo taken from the X account of US European Command @US_EUCOM showing a Venezuela-linked oil tanker which is travelling off British waters. US forces are reportedly attempting to seize the Marinera, a Russian-flagged vessel previously known as Bella-1, which is said to have escaped Donald Trump’s “total naval blockade” of Venezuela. Issue date: Wednesday January 7, 2026. PA Photo. Photo credit should read: @US_EUCOM/X/PA Wire NOTE TO EDITORS: This handout photo may only be used for editorial reporting purposes for the contemporaneous illustration of events, things or the people in the image or facts mentioned in the caption. Reuse of the picture may require further permission from the copyright holder. Picture a rusty, uninsured oil tanker slipping past European ports and adjacent waters, its crew underpaid, overworked, and sometimes not receiving wages. You’d worry — and rightly so. Now imagine hundreds of such vessels operating worldwide, flying foreign...
Survey: Shipowner Sentiment Has Refocused on Managing Uncertainty...
posted on: Mar 28, 2026
Shipowners are waiting for clarity on the future of decarbonization, according to the results of a new executive survey from Wärtsilä. The uncertain outlooks for IMO regulations, green fuel availability and different technology pathways present challenges for business decisionmakers, the maritime technology group found, and owner sentiment on green fuel investment is less bullish on average than it may have been in years past. In the survey, about half of respondents said that they want more simplified and streamlined global regulations. 38 percent said that they want to see significant industry-wide investment in sustainable, green solutions, and 37 percent want more financial incentives for innovation and green transition initiatives. The shift comes down to uncertainty, according to Roger Holm, President of Wärtsilä Marine and Executive Vice President at Wärtsilä Corporation. “We have uncertainty of the IMO regulations, and our customers understand that during the life cycle of a new...
China’s Top Shipper Resumes Middle East Trips Amid Iran Ceasefire Talks...
posted on: Mar 28, 2026
COSCO Shipping Lines, China’s largest shipping company, has officially resumed new booking services for container shipments from the Far East to several key Middle Eastern destinations, with the United States and Iran currently engaged in ceasefire talks, despite statements by Tehran that the U.S. military is “negotiating with itself”. COSCO has reinstated bookings for standard general cargo containers to Saudi Arabia, United Arab Emirates, Bahrain, Qatar, Kuwait and Iraq after declaring to the International Maritime Organization (IMO) that “non-hostile vessels” from countries not participating in or supporting aggression against Iran would be granted safe passage through the Strait of Hormuz. All six nations listed in COSCO’s notice have previously faced Iranian missiles and drone strikes targeted at energy infrastructure and critical facilities. Three weeks ago, COSCO halted all new bookings and instructed vessels already in the Gulf to seek “safe waters” after Iran effectively closed the Strait of Hormuz to most traffic. The...
‘Tehran’s tollbooth’: a visual guide to how a trickle of ships still passes through strait of Hormuz...
posted on: Mar 28, 2026
Threats to shipping have effectively closed the strait of Hormuz since the US-Israel war on Iran began four weeks ago – upending global oil and gas supplies and sending energy prices soaring. In normal times, tankers carry about a fifth of the world’s oil and gas supplies through the narrow channel and on to the rest of the world, while about a third of the global fertilisers necessary for half of the world’s food production pass through in dry bulk vessels. Before the conflict, 138 ships a day were transiting the waterway on average, according to the Joint Maritime Information Center. That is about the number estimated to have made the journey in the whole month of March, according to Lloyd’s List Intelligence, after 100 exited the Gulf and 40 entered.https://interactive.guim.co.uk/datawrapper/embed/DdvbM/4/?dark=false More than 20 ships have been attacked across the region during the conflict, according to analysts from Lloyd’s List, including near-misses and...
S. Korea in consultation with Iran, others to secure ship passage through Strait of Hormuz...
posted on: Mar 27, 2026
SEOUL, March 21 (Yonhap) — South Korea is in close talks with countries, including Iran, to ensure a swift normalization of the Strait of Hormuz after Tehran said it is ready to allow Japan-bound vessels to pass through the sea route virtually closed in the wake of the Middle East crisis, a foreign ministry official said Saturday. “The government is closely monitoring developments in the Middle East while exploring ways to protect our citizens and secure energy transport routes,” the official said. “We are communicating actively with relevant countries, including Iran.” Iranian Foreign Minister Abbas Araghchi earlier told the Kyodo News Agency that Tehran is ready to allow Japan-bound vessels to pass through the key oil shipping route after appropriate consultations with Tokyo. The Strait of Hormuz accounts for more than 20 percent of the world’s oil trade passes. All lanes accessible to oil tankers fall within Iranian territorial...
Iran’s Strait of Hormuz Checkpoint is Key Factor in Diplomatic Talks...
posted on: Mar 27, 2026
As Iran’s Gulf neighbors hunt for a negotiated solution to the ongoing Gulf conflict, hoping to find a deal that could appease both Tehran and Washington, one item is a likely sticking point. Through threats and coercion, along with a likely deployment of sea mines, Iran has set up a transit corridor allowing it to direct and profit from passages through the Strait of Hormuz – and it will not want to let go. Lloyd’s List has identified two ships that have paid for safe passage, including one tanker reported to have paid about $2 million. If multiplied through by the 130-plus transits that the Strait of Hormuz sees every day, the fee structure would earn Iran tens of billions of dollars per year, even if the average per-ship charge were lower. It would also give Iran powerful diplomatic leverage over every nation that needs use of the waterway....
Perplexity and shipping
posted on: Mar 27, 2026
When asked, artificial intelligence defines itself as the capability of machines or software to perform tasks that normally require human intelligence, adding that it is designed to process data, identify patterns, and act on them—often improving over time without being explicitly reprogrammed. However, in the massive industry that is shipping, where the margin for error is minimal, can it be trusted? In the recently published Maritime Cyber Trends Report 2026 from Cydome, Katerina Raptaki of Navios stated that shipping companies are deploying AI faster than they are defining cyber accountability and that, in 2026, the question after an incident won’t be ‘was the AI wrong?’ but ‘why was it trusted?’ So, if we want to look at this from an analytical standpoint, we need numbers. And they show that the maritime industry’s accelerating adoption of artificial intelligence is sharply compressing the cybersecurity response window, with new data showing that...
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বড় জাহাজ মেরামতে মাতারবাড়ীতে ১ বিলিয়ন ডলারের প্রকল্প মাতারবাড়ীতে প্রায় ১ বিলিয়ন মার্কিন ডলার ব্যয়ে পরিবেশবান্ধব ডকইয়ার্ড ও জাহাজ নির্মাণ কেন্দ্র স্থাপনের উদ্যোগে নীতিগত অনুমোদন দিয়েছে নৌপরিবহন মন্ত্রণালয়। এখন প্রকল্পটির কারিগরি ও আর্থিক মূল্যায়নের জন্য প্রস্তাবটি সরকারি-বেসরকারি অংশীদারত্ব (পিপিপি) কর্তৃপক্ষের কাছে পাঠানো হয়েছে। সম্পূর্ণ বেসরকারি অর্থায়নে সরকারি জমির মালিকানা অক্ষুণ্ন রেখে প্রকল্পটি বাস্তবায়নের পরিকল্পনা রয়েছে। বন্দর কর্তৃপক্ষ জানায়, […]
Industry on alert over scam messages offering ships “safe passage” on Hormuz Credit: Shutterstock Fraudulent messages offering safe passage through the Strait of Hormuz in exchange for cryptocurrency have been circulated to shipping companies with vessels stranded west of the waterway, according to MARISKS. In an alert issued on 20 April, MARISKS cautioned that unknown actors posing as Iranian authorities had contacted […]
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