Aria, clima, elettrificazione, acque e biodiversità. 38832 articoli raccolti da fonti istituzionali e specializzate, classificati per area ambientale e linkati al porto di riferimento.
Denholm takes up the role at the global shipping organisation at a time considerable upheaval and uncertainty in the world economy
Denholm takes up the role at the global shipping organisation at a time considerable upheaval and uncertainty in the world economy June 23, 2026 John Denholm is taking overing as Chairman of theInternational Chamber of Shipping (ICS)succeeding Emanuele Grimaldi. Denholm, Executive Chairman of family shipping firm J&J Denholm was unanimously elected to the position of Chairman of ICS by its board of directors at its Annual General Meeting in Rome. He takes over from Emanuele Grimaldi, President and Managing Director of Grimaldi Euromed, who has served as Chairman since June 2022. “I take on this responsibility at a moment of considerable upheaval and uncertainty for the world economy and for international shipping. Our industry continues to navigate geopolitical tensions, security threats, rapid technological change, the energy transition, and evolving trading patterns. Yet throughout every challenge, shipping continues to perform its essential role: keeping global trade moving and delivering the goods, energy, and resources upon which societies depend,” Denholm said. Related:SSI calls for streamlining of ship recycling regulations ICS Chairman is the latest in many senior leadership roles Denholm has held including President ofBimcoand the UK Chamber of Shipping. Thomas A. Kazakos, Secretary General of ICS, commented: “I am delighted to welcome John Denholm as Chairman of ICS. John brings decades of experience as a shipowner, business leader, and industry representative, together with a deep understanding of the challenges and opportunities facing our sector. “I would also like to express my sincere gratitude to Emanuele Grimaldi for his outstanding leadership over the past four years. His chairmanship coincided with one of the most demanding periods in recent maritime history. Under his stewardship, ICS helped guide the industry as it responded to attacks on civilian shipping and the disruption of major trade routes, adapted to significant shifts in global trading patterns, and engaged with an unprecedented programme of international regulatory change. His contribution to both ICS and the wider shipping community has been immense.” Read more about: Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026
The Islamic Revolutionary Guard Corps say the Strait is closed due to ceasefire violations by the US and Israel
The latest news and commentary on how the US/Israel-Iran conflict is affecting the global maritime industry and shipping markets. The Islamic Revolutionary Guard Corps say the Strait is closed due to ceasefire violations by the US and Israel June 20, 2026 Iran has moved to close the Strait of Hormuz again less than 48 hours after it publicised a new permitting system for the key Middle East waterway. Iranian Mehrs News Agency said that the country’s central command had closed the Strait of Hormuz to maritime traffic citing US and Israeli violations of the Memorandum of Understanding signed between theUSand Israel signed on 17 June. Israel has continued to attack targets in South Lebanon which Iran says violates the ceasefire. The closure of the Strait was described as “the first step of response” and if aggression continued further measures were planned to be taken. Mehrs News Agency reported that it was emphasized the Strait of Hormuz was closed to all vessel and ships should not approach as their security would be at risk. Iran controls a northern route through the Strait through its waters close to Larak Island. The internationally recognised Traffic Separation Scheme remains closed due to suspected mines placed by the Iran's Islamic Revolutionary Guard Corp (IRGC) Navy. The move to close the waterway comes little more than 24 hours after the Persian Gulf Strait Authority (PGSA) publicised a new permitting system for vessels transiting the northern route. Related:Strait of Hormuz ship transits – two routes, two sets of rules Earlier on 20 June the Joint Maritime Information Center (JMIC) provided new guidance for the southern route in Omani waters and coordinated by the US NCAGS (Naval Cooperation and Guidance for Shipping). Coordination was recommended although vessels were free to cross without it. Iran does not recognise the southern route and it is not clear what the latest pronouncement from the IRGC that the Strait is closed will mean to the security of vessels transiting via the route in Omani waters. Traffic hit in the Strait of Hormuz hit a two-month high on 18 June with 25 transits according to AXSMarine. Read more about: Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026
Shipowners hoping for a return to normal in the Strait of Hormuz instead face a choice between differently administered northern and southern routes
The latest news and commentary on how the US/Israel-Iran conflict is affecting the global maritime industry and shipping markets. Shipowners hoping for a return to normal in the Strait of Hormuz instead face a choice between differently administered northern and southern routes June 20, 2026 Vessels in the Strait of Hormuz either transit via northern route which requires approval from Iran taking 48 hours or the freedom to sail at any time through the southern route in Omani waters, but with a possible threat of mines. The Memorandum of Understanding (MoU) between theUSand Iran and a resulting 60-day ceasefire sees the Strait reopening but in a far from a unified manner with the international traffic separation scheme (TSS), believed to have been mined by Iran, remaining closed. On 19 June Iran moved to exert authority over the waterway issuing details of a system requiring owners to apply for a permit to transit with a waiting time of 48 hours. The Persian Gulf Strait Authority (PSGA) stated: "No vessel is permitted to pass through the Strait of Hormuz without a valid passage permit issued by the PGSA." The permit mandates using the northern route just to the south of Iran’s Larak Island and the PGSA said use of alternative routes is strictly prohibited. Related:Iran declares the Strait of Hormuz closed However, the on 20 June the Joint Maritime Information Centre (JMIC) issued new guidance for the southern route in Omani waters the allows for transit at any time. “Mariners are advised that they may transit the southern route day or night with their AIS on, radars radiating, running lights on, and normal use of VHF,” the notice said. Ship masters were strongly encouraged to communication and coordination with US NCAGS (Naval Cooperation and Guidance for Shipping), however, it is not mandatory to do so, and ships can transit the southern route without coordination. However commercial shipping was also warned of the presence of mines and to expect a naval presence undertaking mine clearance. “Mariners should also expect congestion through transit routes and potential VHF hailing from naval forces to support free flow,” the JMIC said. It leaves a confusing picture for shipowners and managers as transits over the Strait of Hormuz start to rise following the agreement between the US and Iran. A number of transits were shown on AIS from Pole Star Global late 19 June/early 20 June local time via the Iranian route. These included the Indian-flaggedVLCCsDesh VibhorandDesh Viabhor,and a Chinese-flagged bulkerHai Tun Zhou. Read more about: Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026
The JMIC says the threat level in the Strait of Hormuz is moderate, Bimco warns security situation remains volatile
The latest news and commentary on how the US/Israel-Iran conflict is affecting the global maritime industry and shipping markets. The JMIC says the threat level in the Strait of Hormuz is moderate, Bimco warns security situation remains volatile June 19, 2026 TheUShas officially ended its blockade of Iranian ports, the threat level has reduced in the Strait of Hormuz, but the shipping industry remains wary on security. On 18 June US Central Command stated. “Today, US forces lifted the blockade on all maritime traffic entering and exiting Iranian ports and coastal areas, in accordance with the President's direction. American forces are not impeding the transit of vessels to or from Iranian ports. All US military blockade enforcement efforts have ceased.” As part of the Memorandum of Understanding between the US and Iran for a 60-day ceasefire while a full agreement is negotiated in a 60-day window, the US agreed to end its blockade of Iranian ports and Iran to reopen the Strait of Hormuz toll free to shipping. It said that US naval ships would remain the general area to ensure the conditions of the agreement between US and Iran are adhered to. For the second time this week the Joint Maritime Information Centre (JMIC) has reduced its threat level. The latest update from the JMIC brought the threat level down to “moderate” from “substantial” earlier in the week. The moderate threat level means, “An attack is possible but not likely”. Related:Sanctions clarity needed before Hormuz trade resumes, says LMA A potential threat from mines still remains despite the reduce threat level. “However, Mariners should be advised of the existence of mines and expect naval presence as clearance operations continue. Mariners should also expect congestion through transit routes and potential VHF hailing from naval forces to support free flow,” JMIC said. Commercial vessels are advised to avoid the Traffic Separation Scheme (TSS) in the Strait of Hormuz. While the JMIC has dropped its threat level in the Strait to moderate the industry remains wary of the security risks around transits and the lack of clarity regarding safeguards for merchant vessels. Jakob Larsen, Chief Safety & Security Officer forBimco,commented, “Despite the signing of the ceasefire agreement, we believe the security situation for the shipping industry remains volatile. Due to the risk of congestion and navigational incidents in the inshore traffic zones we still consider it risky for ships to commence transits at this point and advise shipowners to continue doing thorough risk assessments and appeal to all parties to put the safety of seafarers first. “The MoU also raises several questions and does not offer sufficient information regarding key aspects such as safe routes, measures to separate traffic, sequencing of ships leaving the Gulf, reporting procedures, ship security procedures, procedures for naval protection and emergency response.” Related:US - Iran deal: how quickly will the Strait of Hormuz reopen The World Shipping Council (WSC), which represents global liner shipping companies said evacuation of ships and seafarers stranded in the Gulf since the start of the conflict on 28 February was the immediate priority. “That will require coordination between states, theIMOand industry, backed by the necessary safety and security guarantees. Coordinated risk assessments, mine mitigation operations, and vessel traffic operations should be prioritized as part of these efforts,” Joe Kramek, CEO of WSC. Read more about: Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026
Although the JMIC has lowered the threat level an attack remains a strong possibility in the Middle East waterway
The latest news and commentary on how the US/Israel-Iran conflict is affecting the global maritime industry and shipping markets. Although the JMIC has lowered the threat level an attack remains a strong possibility in the Middle East waterway June 17, 2026 The Joint Maritime Information Centre (JMIC) has reduced the threat level to ships in the Strait of Hormuz to “Substantial”, but an attack remains a “strong possibility” The change in threat level by JMIC comes following the announcement of a signing of a Memorandum of Understanding between theUSand Iran expected on Friday. It is the lowest threat level since the war with Iran started on 28 February and two levels lower than Critical which it was rated at until early June. JMIC said in an update on 16 June, “Maritime traffic continues under a substantial risk environment. Navigation interference and IRGC hailing and surveillance activity may persist. Short-notice interference remains possible; and an attack is a strong possibility. On-water IRGC behavior has become less volatile following the announced agreement on the US – Iran Memorandum of Understanding. US naval presence continues to provide stabilizing oversight.” Related:Ships transiting Hormuz with US military guidance face regular threats It also warned of a mine risk within and adjacent to the Traffic Separation Scheme (TSS) advising caution on all approaches. There were reports of three explosions in the Strait of Hormuz during the night of 15 – 16 June which Iranian News Agency said were linked to traffic management. It’s unclear if the explosions were attacks on vessels or the result of mine clearance. Shipping traffic in the Strait remains significantly reduced according to the JMIC with commercial vessels transiting via the southern route to the south of the TSS inOmaniwaters where the US military is providing facilitated transits. The threat level in the Arabian Gulf and Gulf of Oman have also been reduced to substantial by the JMIC. For the Arabian Gulf the update said: “The operating environment is assessed as substantial, with continued navigational system interference and residual kinetic risk. Rapid, short-notice actions near Iranian coastal waters and anchorages remain possible and an attack is a strong possibility under current conditions. Vessels stationary for extended periods, or maintaining AIS transmission while static, may still face elevated targeting risk.” Describing the situation in the Gulf of Oman it said:” Naval activity remains present across the area. Vessels may still experience hailing, monitoring, and occasional verification queries, particularly when approaching the Strait of Hormuz or operating near coastal transit lanes. An attack is a strong possibility and suspicious approaches and electronic interference remain credible concerns.” Ship Masters were warned to maintain prudent standoff positions from naval vessels to avoid misidentification. Related:Strait of Hormuz security concerns remain for shipping Read more about: Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026
A peace agreement to be signed on 19 June includes the lifting of the US blockade on Iranian ports and a reopening of the Strait
A peace agreement to be signed on 19 June includes the lifting of the US blockade on Iranian ports and a reopening of the Strait June 15, 2026 A peace deal to be signed on Friday between theUSand Iran is set to see the re-opening of the Strait of Hormuz, however exact timelines remain somewhat unclear. Announcing the peace deal US President Donald Trump proclaimed on the Truth Social: “I hereby fully authorize the toll-free opening of the Strait of Hormuz, and, simultaneously herewith, authorise the immediate removal of the United States Naval blockade.” A second post said the Strait would reopen on Friday when the deal is signed for the purposes of mine removal and that oil would flow again. The ebullient pronouncements of the US President were met with more cautious timelines from the Iranian side, based on reports from semi-official Iran media. Iran Deputy Foreign Minister Kazem Gharibabadi was reported as saying in an interview: “Two immediate events will occur from this morning; the first will be the end of the war and military operations on various fronts, including Lebanon, which was also in the text of the Pakistani Prime Minister. The second event, which the US President acknowledged, will be the lifting and ending of the naval blockade." Related:UK seizes first dark fleet tanker in English Channel As yet there has been no notice from US Central Command on a lifting of the blockade which posted on X a few hours before the announcement of the agreement that as 14 June its forces have redirected 142 commercial ships that complied and disabled nine vessels that did not comply. In terms of Iran re-opening the Strait of Hormuz Iranian Mehrs News Agency reported that the reopening of the Strait would take place within 30 days “under Iranian arrangements”. Similarly, the US blockade of Iranian would be lifted with 30 days. The peace agreement once signed on Friday will see a 60-day negotiating period over Iran’s nuclear programme. UK Prime Minister Sir Keir Starmer stated: “Attention must now turn to fully implementing the memorandum of understanding to ensure the Strait reopens and remains fully and permanently open, and that the detailed elements of the nuclear agreement are finalised.” Iran’s effective closure of the Strait of Hormuz since the start of the conflict on 28 February has given the country a huge amount of leverage blocking 20% of the world’s oil and gas exports. How quickly shipping returns to normal in the Strait remains to be seen with caution likely given how fast previous announcements that the waterway was open in recent months have unravelled. Any faltering in the negotiating process could well see Iran looking to reassert its position in the Strait of Hormuz. Although a ceasefire has been in place since 8 April sporadic attacks on shipping have continued. There will also be a fear of mines in the waterway itself. Related:Hong Kong tanker attacked in Hormuz even as peace deal looms The immediate priority for shipping companies will be the safe exit of around 1,000 ships and 20,000 seafarers that remain stranded in the Arabian Gulf. The caution of top shipping companies when it comes to security is illustrated by the situation in the Red Sea with the Houthi in Yemen since last 2023. Many major shipping companies have remained wary of the returning to the Red Sea despite many months since the last attack on commercial shipping. However, unlike the Red Sea there is not alternative route which ships can divert from the Strait of Hormuz. Even in the uncertain security environment that has prevailed in the Strait recently some companies have been willing to risk transits either via US or Iranian routes, however, traffic levels have remained at single digit percentage levels compared to pre-conflict levels of an average 138 transits per day. Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026
Shipping continues to be under attack in the Strait of Hormuz despite reports of a peace deal between US and Iran possibly being signed within 24 hours
The latest news and commentary on how the US/Israel-Iran conflict is affecting the global maritime industry and shipping markets. Shipping continues to be under attack in the Strait of Hormuz despite reports of a peace deal between US and Iran possibly being signed within 24 hours June 13, 2026 AHong Kong-flagged tanker was struck on its bow while heading through Strait of Hormuz. UKMTO said a tanker was struck on the port bow an unknown projectile 6 nm east ofOmanreported at 02:30 hrs local time on 13 June. Maritime security firm Vanguard Tech said the vessel involved was a Hong Kong-flagged tanker transiting outbound through the Strait of Hormuz via the southern traffic corridor. The southern traffic corridor is where vessel’s receive transits guided by the US Navy. “The impact reportedly occurred on the vessel's port bow, causing damage in the ballast tank area and resulting in cargo leakage,” Vanguard said. Although there was cargo leakage no environmental pollution was reported and the crew safe. Vanguard said the vessel continued on its voyage and proceeded to anchorage at Fujairah for further assessment of damage. Authorities are investigating the incident. The attack comes as reports say a peace deal between theUSand Iran could be signed with 24 hours which would include Iran re-opening the Strait of Hormuz and the US lifting its blockade of Iranian ports. Related:Three civilian seafarers dead in US attack on Settebello In the last week US naval forces struck three tankers in the space of three days for breaking the blockade. The attack on tankerSettebellowith a Hellfire missileresulted in the deaths of three Indian seafarers. The attacks were condemned by global shipping industry organisationsBimco, theInternational Chamber of Shipping (ICS),IntercargoandIntertanko. “There is grave concern about the recent escalation of the conflict which puts the lives of our seafarers at risk, compromises the safety of international shipping and restricts freedom of navigation,” the organisations said on 12 June. Read more about: Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026
The supply boat sank after hitting a landing craft and search and rescue operations are ongoing
The supply boat sank after hitting a landing craft and search and rescue operations are ongoing June 12, 2026 A supply boat sank after it collided with a landing craft ofSingapore’sPasir Panjang Terminal. The accident happened at around 9:30am local time on 12 June according to theMaritime & Port Authority of Singapore (MPA)with craft from the MPA, Police Coast Guard (PCG), and SCDF Marine Division responding for search and rescue operations. MPA said that the Police Coast Guard recovered three bodies believed to be deceased crew members of the supply boat. “Search and rescue operations, including diving operations, are ongoing to determine if there are other crew members from the supply boat missing,” the port authority said. The landing craft was reported to be stable following the collision with no injuries to its crew. Pasir Panjang Terminal is one of Singapore’s main container terminals and MPA said port operations were unaffected with navigational broadcasts for vessels to stay clear of the incident area. Related:Container ship sinks in Singapore Strait MPA said the incident was being investigated. Read more about: Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026
Three Indian seafarers are missing after US forces disabled a Palau-flagged tanker in the Gulf of Oman
The latest news and commentary on how the US/Israel-Iran conflict is affecting the global maritime industry and shipping markets. Three Indian seafarers are missing after US forces disabled a Palau-flagged tanker in the Gulf of Oman June 11, 2026 The Palau-flagged tankerSettebello’sengine room was struck byUSforces on 10 June leaving threeIndianseafarers missing. US Central Command said that US aircraft fired precision munitions into the ship's engine room "after the crew repeatedly failed to comply with directions from American forces." India’s Ministry of External Affairs said that theSettebellohad 24 Indian crew onboard and 21 seafarers had been rescued and three were missing. It said the Indian Embassy inOmanwas coordinating with Omani authorities on the Search and Rescue operation. The attack was condemned by both India and theInternational Maritime Organization (IMO)Secretary-General Arsenio Dominguez although in both cases stopped short of naming the US as the party that struck the vessel. “I strongly condemn any act from any party that endangers the lives of seafarers and the safety of international shipping. This is simply unacceptable. My thoughts are with the families of the three missing seafarers and with all those awaiting news of the crew members.” Related:Iran claims it hit two ships, declares Strait of Hormuz closed India’s Ministry of External Affairs said: "We condemn the attack on the commercial vesselSettebellooff the coast of Oman. “The continuing incidents of attacks on shipping the region are deeply worrisome and a direct result of the ongoing conflict in the region.” The 1997-built tanker is operated and managed by IOS Marine – FTZ in theUAE. On 8 June US forces fired on the engine room of the oil products tankerMarivexto disable it, causing a fire on the vessel. The Omani Navy rescued 24 Indian seafarers on board the tanker. US Central Command said it disabled the empty tanker for violating its blockade and attempting to sail to an Iranian port. Read more about: Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026
There are a small, but growing number of transits of the Strait of Hormuz despite the ongoing conflict putting seafarers at risk
The latest news and commentary on how the US/Israel-Iran conflict is affecting the global maritime industry and shipping markets. There are a small, but growing number of transits of the Strait of Hormuz despite the ongoing conflict putting seafarers at risk June 10, 2026 IMOSecretary-General Arsenio Dominguez has again put seafarer welfare and safety as the top priority at time when a growing number of vessels attempt to transit the Strait of Hormuz. "I am increasingly concerned by reports that vessels continue to attempt to transit the Strait of Hormuz without any credible securityguarantees, despite well‑established risks and the fact that seafarers have already been killed, injured and others detained in recent incidents,” Dominguez said in a statement. “My primary concern is for the safety and lives of the seafarers being placed in these situations. They must not be exposed to conditions where the risks are known, significant, and clearly beyond mitigation. The current situation remains highly volatile, with no reliable security assurances in place. Under such circumstances, safe passage cannot be considered to exist.” The IMO Secretary-General’s statement came as transits of the Strait of Hormuz grow despite the potential risks. Exact numbers of transits are hard to quantify with many vessels running dark, turning off AIS transponders. Reuters quoted data from Vortexa that dark transits of the Strait peaked at 65.2% of crossings in May. Related:War not an excuse to strip seafarer rights, says ITF Transits are being made both to the north of the Traffic Separation Scheme (TSS) via route prescribed by Iran which the country says requires approval and payment of a toll, and a southern route closer to Oman with apparent guidance fromUSforces, which stops short of escorts. The Joint Maritime Information Center (JMIC) has lowered its threat level for the Strait from Critical to Severe in recent days. “Due to the number of safe transits conducted via the southern route, this threat level has been reduced from Critical to Severe,” JMIC said in a 9 June update. It put the number of transits on 8 June as just eight, based on commercially available data, compared to an average of 138 per day prior to 28 February. With the conflict between US – Israel and Iran now having passed the 100-day mark the commercial pressure for ships stranded in the Arabian Gulf to exit will grow, as will the push to restart oil and gas exports through the Strait. US Energy Secretary Chris Wright said on Tuesday that ship traffic andoilexports through the Strait were growing and would “continue to grow”. IMO Secretary-General Dominguez was clear that commercial concerns should not be allowed to override crew safety concerns. “No commercial or operational consideration can justify exposing seafarers to such levels of danger. The protection of their lives must remain the overriding priority at all times,” he stated. Related:EU deploys new sanctions on Iran over Hormuz restrictions “I urge all stakeholders to act with the highest level of responsibility and reiterate my call on all parties to refrain from any actions that place innocent civilian seafarers at risk." Read more about: Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026
The latest order at the South Korean yard will bring BGN’s VLGC fleet to 19 vessels
The latest order at the South Korean yard will bring BGN’s VLGC fleet to 19 vessels June 8, 2026 Dubai-based energy and commodity trading group has added two more 93,000 cu metre, dual-fuelvery large gas carriers (VLGC)at HDHyundai Heavy Industries (HHI)in South Korea. The latest contract adds to four 90,000 cu metre, dual-fuel VLGCs ordered by BGN at HHI in April. BGN said the additional contract underscores its ambitious plans to increase its shipping capacity and strength in the global LPG market. The latest newbuildings are due for delivery in 2029 and will grow the company’s VLGC fleet to 19 vessels. BGN Shipping Director Ozan Turgut said: “We have a strong, long-term relationship with Hyundai Heavy Industries (HHI) and pleased to be again partnering with one of the world’s leading maritime and shipping companies. “In BGN, we have absolute confidence in the quality and capabilities of HD HHI’s technologically advanced dual-fuel LPG VLGCs and we’re pleased to be working with them to add two more vessels to our fast- growing fleet.” Related:Panama Canal reduces maximum draught as El Niño concerns mount BGN has a fleet of around 40 vessels and is expanding its trading and operating capacity. A HHI representative commented, “We are pleased to be again partnering with BGN as they continue to expand their VLGC shipping fleet. This signing demonstrates the strength of our enduring partnership and confidence in the quality and capabilities of our 93,000 cu metre dual-fuel vessels.” Read more about: Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026
Tanzania-flagged vessel Golden Star 1 sinks in Indonesia waters after leaving the port of Singapore
Tanzania-flagged vessel Golden Star 1 sinks in Indonesia waters after leaving the port of Singapore June 6, 2026 The Tanzania-flagged Golden Star 1 sank about 6 km off Batam Island, Indonesia on 5 June. According to theMaritime & Port Authority of Singapore (MPA)the 1995-built vessel sank at 10:30pm local time. “The vessel reportedly took on water and subsequently sank. All nine crew members were safely rescued by the Indonesian authorities.” AIS track from Pole Star Global shows the 2,444 dwt vessel leaving the port of Singapore and coming to a halt in the eastbound lane of Traffic Separation Scheme (TSS) of theSingapore Strait,in Indonesian waters. MPA said vessel traffic in the Straits of Malacca and Singapore was unaffected. “The Maritime and Port Authority of Singapore is issuing navigational broadcasts advising vessels to exercise caution when transiting the area, and to report any sighting of containers adrift,” the MPA said. The Golden Star 1 is operated and managed by Pancon Shipping and Marine trading between Singapore and Pasir Gudang neighbouringMalaysia. Related:Dali civil trial in Baltimore bridge disaster delayed MPA said it had informed the Indonesian authorities and is monitoring the situation, and there no reports of oil pollution in Singapore waters. Read more about: Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026
Exports of Iranian oil out of the Gulf region by sea dropped to just four tankers carrying petrochemicals in May according to analysis from UANI
The latest news and commentary on how the US/Israel-Iran conflict is affecting the global maritime industry and shipping markets. Exports of Iranian oil out of the Gulf region by sea dropped to just four tankers carrying petrochemicals in May according to analysis from UANI June 4, 2026 Iranian oil exports by sea plunged 93% in May according to an analysis of tanker movements out of the country by United Against a Nuclear Iran (UANI). According to figures from UANI Iran exported just 2.01 million barrels of oil in May compared to 29.7 million barrels in April. The UANI export figure is based on where vessels have crossed the line of the US blockade line, which runs from the most eastern point of Oman to the Iranian-Pakistan border, and exiting the Gulf of Oman rather than point of loading. TheUSblockade of Iranian ports started on 13 April and the May 2026 Tanker Tracker from UANI said, “While most tankers laden with Iranian hydrocarbons have been forced to turn back toward Iranian ports by the current enforcement posture, only a small handful have managed to pass through the blockade line.” According to UANI May exports by sea from Iran consisted of four Panamax and Handymax shipments of Naphtha toChina. There were also “limited" LPG exports, however UANI does not track an exact number of shipments. Related:Crucial week ahead for tanker market Completed exports ofVLCCshipments of two million barrel crude oil cargoes dropped to zero in May. “The combination of tighter US enforcement and heightened risk of VLCC interdictions across key transit areas has forced Iran’s hydrocarbon exports into smaller, less efficient vessels,” the report noted. A few laden VLCCs have made it past the blockade but have yet to complete the export of their cargoes. The Iranian-flagged VLCCHugewas tracked in the South China Sea on 13 May and is now anchored 100 km southwest of Hong Kong were it is likely waiting for a ship-to-ship transfer. Another Iranian-flagged VLCCDeryaavoided the Malacca Strait taking a longer route via the Indian Ocean and Lombok Strait apparently seeking reduce the chances of interdiction by US naval forces in the region. A growing number of vessels used for Iranian exports are building up in clusters both off Iran’s ports and at global hubs such asMalaysia’sEastern Outer Ports Limits (EOPL) anchorage. According to UANI there are 69 laden tankers inside the US blockade line including approximately 13 laden tankers in the Kharg Island anchorage and 14 laden tankers by Chabahar Port. Malaysia’s EOPL has been a focus for ship-to-ship transfers of sanctioned Iranian oil and UANI said that as of May 29, six Iran‑flagged cargo ships are anchored at the EOPL, with a further two Iran‑flagged cargo ships anchored in the vicinity of Port Klang. Commenting on the figures and the impact of the US blockade Charlie Brown, Senior Advisor to UANI toldSeatrade Maritime News, “As the blockade drags on, the math is likely making both Iran and China very nervous. Iran will be running out of space to store its un-exported oil, and the IRGC’s funding will start evaporating. Meanwhile, China's independent 'teapot' refineries are burning through their remaining floating reserves on tankers in the Malaysia EOPL with little hope of replenishment, while that blockade in in force. Related:Singapore-flagged AET VLCC transiting Strait of Hormuz “The economic crunch is guaranteed to hit both Tehran and Beijing. The only question is whether the Trump administration has the domestic and international political capital to sustain the military effort required to keep the vice tight.” Read more about:
The missile was fired at the engine room of the empty tanker disabling it as it headed towards Iran’s main crude oil loading port
The latest news and commentary on how the US/Israel-Iran conflict is affecting the global maritime industry and shipping markets. The missile was fired at the engine room of the empty tanker disabling it as it headed towards Iran’s main crude oil loading port June 3, 2026 USforces have disabled a Botswana false-flaggedVLCCLexie that was bound for Iran’s Kharg Island. US Central Command (US Centcom) said its forces had disabled the empty, 298,911 dwtLexieby firing at its engine room while it was transiting international waters in the Arabian Gulf. US Centcom said its forces were enforcing a blockade of Iran’s ports and the ship’s crew ignored repeated warnings from multiple times over a 24-hour period. “A US aircraft ultimately disabled the vessel by firing a Hellfire missile into the ship’s engine room, preventing the tanker from reaching Iran,” US Centcom. It is the sixth commercial vessel disabled by US forces since the blockade of Iranian ports began on 13 April. However, it is the first such action taken inside the Arabian Gulf with previous disabling of vessels taking place either at the edge of Arabian Sea and the Gulf of Oman. The Lexie sailed to the region fromMalaysia’sEastern Outer Port Limits (EOPL) anchorage in early February. Malaysia’s EOPL is a hotbed for ship-to-ship transfers of Iranian crude for export to China. The tanker wassanctionedby US OFAC in March 2025. Related:Large explosion as MSC container ship struck in the Gulf The disabling of the VLCC headed to Kharg Island, presumably to load acrude oilcargo, raises the spectre of retaliation by Iran against commercial shipping in the Gulf it sees as allied with the US. TheMSCcontainer shipMSC Sariska Vwas struck by two Iranian projectiles while departing the port of Umm Qasr in Iraq on 1 June. Iran’s Tasnim News Agency reported that the Islamic Revolutionary Guard Corps (IRGC) Navy targeted theMSC Sariska Vin response toUSnaval forces disabling the Gambia-flaggedLian Staron 29 May as it attempted to sail towards an Iranian port through the US blockade Read more about: Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026
The incident took place 40 nm from Umm Qasr in Iraq at 09:50 hrs UTC
The latest news and commentary on how the US/Israel-Iran conflict is affecting the global maritime industry and shipping markets. The incident took place 40 nm from Umm Qasr in Iraq at 09:50 hrs UTC June 1, 2026 A cargo ship vessel was hit by an unknown projectile while transiting the Arabian Gulf, the UKMTO reported citing military authorities. The vessel is reported to be the Panama-flaggedMSC Sariska Vwith video circulating on social media showing significant damage to the containership. The undisclosed vessel was 40 nm southeast of Umm Qasr, Iraq when it was hit by unknown projectile on its starboard side resulting in a “large explosion”. The attack took place at 09:50 hrs UTC. The UKMTO said it was not aware of any environmental impact and the authorities were investigating. An update from UKMTO said the fire had been extinguished and there were no injuries to the crew. "MSC Sarisky Vwas struck with what is likely a USV in Iraqi territorial waters after it had completed unloading its cargo at the port of Umm Qasr in southern Iraq," Martin Kelly, Head of Advisory for EOS Marine, said in a LinkedIn post. Related:Oman warns of mines sighted in Strait of Hormuz Based on data from Pole Star Global's PurpleTrac database theMSC Sarisky Vhas been trading within the Gulf since well before the current conflict started transiting through the Strait of Hormuz on 10 October 2025, remaining in the Gulf thereafter. The 1990-built vessel is owned and managed by MSC and it is not the first time Iran has targeted ships from the world's largest shipping line. On 22 April Iran attacked and seized theMSC FrancescaandEpaminondasas they attempted to transit the Strait of Hormuz. Most of the attacks on commercial shipping in the Gulf region since the war in Iran started have been in and around the Strait of Hormuz, the Gulf of Oman, extending as far west as Bahrain and Qatar. Only one other attack reported off Iraq was on the Greek-owned chemical/product tankerZefyrosand the US-ownedSafesea Vishnuon 12 March which left one seafarer dead. There have also been incidents off Kuwait with Suezmax tankerSonangol Namibeanchored 30nm southeast of Mubarak Al Kabeer was hit with a large explosion on 5 March. Kuwait’s Shuwaikh and Mubarak Al Kabeer Port were struck by drones and missiles on 27 March. As peace talks between theUSand Iran attacks between the two sides stepped up over the weekend despite a ceasefire theoretically still be in place. At the weekend Iran's Islamic Revolutionary Guard Corps (IRGC) said it had targeted an air base used by US forces for an attack on Iran. US Central Command (Centcom) said conducted self-defense strikes on Iranian radar and command and control sites for drones in Goruk, Iran and Qeshm Island this weekend. The response included eliminating two one-way attack drones that it said “posed clear threats to ships transiting regional waters”. Related:US sanctions Iran’s Persian Gulf Strait Authority Read more about: Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026
The shipping agency has launched a US NVOCC service after it was granted a license by the FMC
The shipping agency has launched a US NVOCC service after it was granted a license by the FMC June 1, 2026 Inchcape Shipping Services (ISS) is moving into the non-vessel operating common carrier (NVOCC) business in theUS. The expansion into the NVOCC business follows the granting of a license by theFederal Maritime Commission (FMC). The license allows ISS to act a as licensed carrier for its customers. As NVOCC ISS will issue its own House Bills of Lading, consolidate shipments, and negotiate directly with ocean carriers to secure space and rates. The company will offer both FCL (full container load) and LCL (less than container load) services across major US trade lanes, and leverage on direct relationships with container carriers. “Becoming an FMC-licensed NVOCC is a major milestone for Inchcape Shipping Services and for the customers we serve,” said Irem Gokmen, Regional CEO Americas of ISS. “With our NVOCC offering, we can give shippers more control, more flexibility, and more competitive options for moving cargo to and from the United States.” Related:Zim appoints new CEO with non-shipping background Read more about: Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026
A round-up of the top maritime and shipping stories in May on the Seatrade Maritime Podcast.
A round-up of the top maritime and shipping stories in May on the Seatrade Maritime Podcast. June 1, 2026 Alleged price fixing by container manufacturers, the bell tolls for fossil fuels, and stalemate in the Strait of Hormuz These are just some of the stories that are covered in the latest episode of Maritime in Minutes. Seatrade Maritime News’ Marcus Hand and Gary Howard reflect on the month of May, with their highlights from the news in maritime and shipping, from the biggest stories to those that simply piqued their interest. Hear more about: Risk reward balance skews towards dry cargo, says Norden Trump pauses Project Freedom in Strait of Hormuz CMA CGM container ship attacked in Strait of Hormuz Korea24 featuring Seatrade Maritime News talking about HMM Namu Structural changes see bell toll for fossil fuels Probability of stalemate in the Strait shoots up Diana Shipping sells Genco shares to fund Genco acquisition US charges container manufacturing executives for price fixing Crude tanker markets rebalance on longer haul trades Related:SeaLead container ship makes third Strait of Hormuz crossing As container line reliability drops freight rates increase Listen to the full episode in the player above Clip from Korea24 courtesy of KBS World Radio Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026 Gary Howard Middle East correspondent Gary Howard is the Middle East Correspondent for Seatrade Maritime News and has written for Seatrade Cruise, Seatrade Maritime Review and was News Editor at Lloyd’s List. Gary’s maritime career started after catching the shipping bug during a research assignment for the offshore industry. Working out of Seatrade's head office in the UK, he also produces and contributes to conference programmes for Seatrade events including CMA Shipping, Seatrade Maritime Logistics Middle East and Marintec. Gary’s favourite topics within the maritime industry are decarbonisation and wind-assisted propulsion; he particularly enjoys reporting from industry events. Gary Howard regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Ports of Refuge: Strengthening Maritime Resilience, at Seatrade Maritime Logistics Middle East 2025 Debunking LEO and Cloud for Maritime Industry, December 2022 (watch on-demand recording) Making Data Work for Shipping at Seatrade ShipTech Virtual 2021 Is the Zero-Carbon Future a Slow Shipping Future?at Seatrade ShipTech Virtual 2021 Is Ship Finance Transforming Faster than Shipping?at Seatrade ShipTech Virtual 2021
The vessel Paya Lebar arrived in Jebel Ali on 29 May a month after it left the Gulf via the Strait
The latest news and commentary on how the US/Israel-Iran conflict is affecting the global maritime industry and shipping markets. The vessel Paya Lebar arrived in Jebel Ali on 29 May a month after it left the Gulf via the Strait May 30, 2026 The Antigua-Barbuda flagged container shipPaya Lebarhas made its third transit of the Strait of Hormuz in less than two months on 29 May according to ship tracking data from Pole Star Global. The SeaLead Shipping operated and ownedPaya Lebarentered the port of Jebel Ali on 27 May having been last tracked leaving Sohar, Oman five days earlier, and with its AIS transponder only turned on sporadically since it left Kandla, India on 15 May. Credit: Pole Star Global This is the third crossing the container ship has made of the Strait of Hormuz despite the critical security situation in the waterway. ThePaya Lebarfirst transited westbound through the Strait of Hormuz westbound into the Gulf on 13 April having been at anchor in Nhava Sheva, India since late March. While in the Gulf the vessel called at Jebel Ali and Khalifa ports in the UAE and Hamad in Qatar. ThePaya Lebarthen crossed the Strait of Hormuz eastbound on 28 April and headed back to Nhava Sheva and then moved to Kandla on 13 May. Related:Maersk reroutes non-Saudi Gulf cargo away from Jeddah Singapore-headquartered SeaLead was forced to offhire nearly a third of its fleet in mid-2025 when chartered in vessels were hit with Iran sanctions. In July last year theUSOffice of Foreign Assets Control (OFAC)sanctioned16 container ships the company had on charter over links with Iran. SeaLead acted to quickly terminate the charters on the 16 vessels and denied it had ties with Iran. However, in March this year the US Department of Justice filed civil forfeiture complaints seeking to seize $2.4 million in funds allegedly intended for Sea Lead Shipping Pte Ltd and its Indian subsidiary, as part of a broader action targeting more than $15.3 million tied to a sanctions-evasion network linked to Mohammad Hossein Shamkhani, the son of a senior adviser to Iran’s Supreme Leader. Read more about: Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026
President Trump threatens Oman if it cooperates with Iran over control of the Strait of Hormuz
The latest news and commentary on how the US/Israel-Iran conflict is affecting the global maritime industry and shipping markets. President Trump threatens Oman if it cooperates with Iran over control of the Strait of Hormuz May 28, 2026 As the battle for control of the Strait of Hormuz continues the US hassanctionedIran’s Persian Gulf Strait Authority (PGSA). TheUSTreasury Department stated that PGSA had been sanctioned by the Office of Assets Control (OFAC) under an Iran-related counter terrorism designation linked to the Iran The PGSA was founded on 5 May by Iran in an attempt to formalise control of the Strait and collect fees or tolls from vessels transiting the waterway. The PGSA has claimed control of swathe of the waters from the port of Umm Al Quwain in UAE on west through Fujairah in theUAEon the east side. The designation by OFAC would see shipowners facing sanction for arranging transits with or paying tolls or fees to the PGSA. Control of the Strait is one of the key point of contention in ongoing peace talks between the US and Iran On Wednesday Iranian state TV reported that it had obtained an unofficial draft of an agreement that would restore commercial shipping through the strategic waterway to prewar levels within a month, with Iran andOmanjointly managing traffic. Related:US denies restarting Strait of Hormuz escorts This report was dismissed by US President Donald Trump at Cabinet meeting later on Wednesday that was attended by reporters. He also threatened Oman if it worked with Iran to control the waterway. “The Strait is going to be open to everybody. It’s international waters. We’ll watch over it, but nobody’s going to control it,” Trump said. “It’s international waters and Oman will behave just like everybody else or we’ll have to blow them up. They understand that, they’ll be fine.” Read more about: Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026
The Wall Street Journal reported that a Greek VLCC had been guided through the waterway by the US Navy
The latest news and commentary on how the US/Israel-Iran conflict is affecting the global maritime industry and shipping markets. The Wall Street Journal reported that a Greek VLCC had been guided through the waterway by the US Navy May 27, 2026 USCentral Command has denied a report that it has restarted escorts of commercial shipping dubbed “Project Freedom”. The Wall Street Journal reported on Tuesday that the US had restarted escorts of vessels through the Strait of Hormuz citing unnamed military officials. According to the report the US had guided a GreekVLCCthrough the Strait. The tanker which had been trapped in the Gulf since the conflict started on 28 February was said to now be sailing to India after crossing the Strait. Posting on X US Centcom stated recent media reports that the US Navy had restarted escorting or assisting vessels through the Strait were false. “Project Freedom has not resumed, and US forces are not currently escorting commercial vessels through the Strait of Hormuz,” it stated. Project Freedom, the US operation to guide ships safely through the Strait of Hormuz, was launched on 4 May and last less than 48 hours and was suspended on 5 May. In that time just two ships, both US-flagged, safely transited the waterway – the car carrier Alliance Fairfaxand the tankerCS Anthem. Related:Bunker spill after Greek tanker hit by explosion off Oman At the time US President Donald Trump claimed Project Freedom was suspended at the request of Pakistan which is mediating in peace talks between the US and Iran. ACMA CGMcontainershipCMA CGM San Antonioalso attempted cross the Strait on 5 May was hit by missiles injuring eight crew members. Read more about: Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026
The incident east of Muscat follows a US strike on Iranian boats in the Strait of Hormuz
The latest news and commentary on how the US/Israel-Iran conflict is affecting the global maritime industry and shipping markets. The incident east of Muscat follows a US strike on Iranian boats in the Strait of Hormuz May 26, 2026 UK maritime security authorities reported that a tanker was hit by an external explosion 60 nm east ofOman. UK Maritime Trade Operations (UKMTO) said that the Master of a tanker reported an external explosion port side aft of the vessel close to the waterline at 09:45 hrs UTC on 26 May. “The crew and vessel are safe, although the Master reports some bunker fuel has discharged into the sea,” UKMTO said in an attack warning. JMIC identified the vessel as the Marshall Islands-flaggedVLCCOlympic Lifeand said it was proceeding to its next port of call. The vessel is operated by Olympic Shipping and Management founded by late Greek shipping magnate Aristotle Onassis. Reuters quoted a statement from technical manager Springfield Shipping that, "An initial assessment indicated that there was damage to one of the vessel's bunker tanks. A sheen was reported in the water after the incident." The VLCC was headed towards the Arabian Sea in the Gulf of Oman at the time of incident, and continued on its voyage, based on AIS data from Pole Star Global with its destination listed as "For orders". Related:US denies restarting Strait of Hormuz escorts The attack followsUSstrikes on two Iranian boats attempting lay mines in the Strait of Hormuz on 25 May, as well as a naval base near the port city of Bandar Abbas. US Central Command described the strikes as “self-defense” The latest strikes came as peace talks between the US and Iran were reported to be progressing around a Memorandum of Understanding which would extend the ceasefire for another 60 days and a re-opening of the Strait of Hormuz, although the two sides have differed on how close they are to an agreement. Read more about: Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026
The US says the attacks on missile sites and boats in southern Iran were in “self-defense”
The latest news and commentary on how the US/Israel-Iran conflict is affecting the global maritime industry and shipping markets. The US says the attacks on missile sites and boats in southern Iran were in “self-defense” May 26, 2026 TheUSlaunched strikes near the port of Bandar Abbas targeting Iranian missile sites and boat attempting to lay mines. “Targets included missile launch sites and Iranian boats attempting to emplace mines. US Central Command continues to defend our forces while using restraint during the ongoing ceasefire,” US Central Command spokesman Timothy Hawkins was quoted as saying by CNN. The missile strikes were reported to have targeted an area near the port city of Bandar Abbas where an Iranian naval base is located. Iran has previously claimed to have mined the Strait of Hormuz in area that includes the normal traffic separation scheme for commercial shipping although the presence of mines has not been confirmed. The latest US strikes come as peace talks between the US and Iran are reported to be progressing around a Memorandum of Understanding which would extend the ceasefire for another 60 days and a re-opening of the Strait of Hormuz, although the two sides have differed on how close they are to an agreement. Related:Iranians take floating armoury anchored off Fujairah Meanwhile the US blockade of Iranian ports continues and as of 23 May US Centcom said it had reached the milestone of redirecting 100 vessels, disabling four, and allowing 26 humanitarian aid ships to pass. Read more about: Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026
With Somali piracy on the rise again several vessels were approached by small craft in the Gulf of Aden on 22/23 May
With Somali piracy on the rise again several vessels were approached by small craft in the Gulf of Aden on 22/23 May May 24, 2026 At least three vessels reported being approached by a small craft in the Gulf of Aden with armed security team opening fire in one case. “UKMTO has received reports from various sources of suspicious activity within the Gulf of Aden. There have been multiple reports of vessels being approached by Skiff’s, a large Skiff with two outboard engines has been observed carrying both ladders and weapons,” the UKMTO said in an advisory dated 23 May. The combination of ladders and weapons are used by pirates to board vessels. Maritime security firm Vanguard Tech said the Sierra Leone-flagged tankerCaruzowas approached by a small craft with carrying five people around 98nm north of Socotra, Yemen, and the tanker’s armed security team fired at the small craft forcing it to alter course. Vanguard also reported that theMarshall Islands-flagged bulkerPentozaliwas approached by a skiff with five people onboard 200 nm west of Socotra, Yemen on 23 May. The skiff followed with 100 – 200 metres of the bulker for three minutes before its security team were deployed and displayed weapons. Related:Tanker hijacked off Yemen The security firm also reported that the vesselMysteryreported being approached by a skiff matching the same description and deployed its armed security team. AIS data from Pole Star Global showed the Equatorial Guinea-flaggedAframaxMysteryas having passed north of Socotra towards Oman and broadcasting a destination of “armed guard onboard”. The UKMTO advised vessels sailing in the area to transit with caution and follow Best Management Practices (BMP) Maritime. Security (MS) as well as reporting any suspicious activity. Read more about: Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019
By Rong Wei Neo (Bloomberg) — Singapore shipping tycoon Teo Siong Seng was accused by the US of colluding to raise dry-container prices, placing one of the city-state’s most prominent business...
Singamas Container Holdings chairman and CEO Teo Siong Seng has now been indicted by the US Department of Justice (DoJ), accused of conspiring with three other container manufacturers to fix prices. The Ministry of Trade and Industry in Singapore said today that Mr Teo would stand down from his roles at the Singapore Business Federation, Singapore Economic Resilience Taskforce, and Enterprise Singapore. Mr Teo informed the ministry that he would “address the ... The post Singamas CEO Teo Siong Seng indicted in container price-fixing probe appeared first on The Loadstar .
Singamas Container Holdings chairman and CEO Teo Siong Seng has now been indicted by the US Department of Justice (DoJ), accused of conspiring with three other container manufacturers to fix prices. The Ministry of Trade and Industry in Singapore said today that Mr Teo would stand down from his roles at the Singapore Business Federation, Singapore Economic Resilience Taskforce, and Enterprise Singapore. Mr Teo informed the ministry that he would “address the DoJ’s allegations”. The Singaporean entrepreneaur became SBF chairman in May 2025, automatically making him part of SERT, which was formed last year to help businesses and workers deal with the impact of US tariffs. His duties as SBF chairman will be assumed by vice-chairman and treasurer Mark Lee. As reported byThe Loadstaryesterday, Mr Teo and China International Marine Containers chairman Mai Boliang are among seven executives from container makers, including Shanghai Universal Logistics Equipment (a Cosco unit also known as Dong Fang International Containers) and CXIC Group Containers named by the US in an alleged price-fixing conspiracy involving restricting production of dry containers to raise prices, between November 2019 to at least January 2024. The US DoJ said that as a result of the conspiracy, prices of dry containers doubled between 2019 and 2021, increasing container manufacturers’ profits by about 100-fold during the Covid pandemic, when container freight rates reached historical highs. US court documents show that after a December 2019 meeting between the alleged conspirators, a Singamas executive reported to Mr Teo that he had reminded the others “not to be high profile since it might violate the monopoly law or being accused of price manipulation by our customers”. In April, Singamas marketing director Vick Ma was arrested in France and is awaiting extradition to the US. Singamas said in a Hong Kong Stock Exchange filing that neither it nor Mr Teo had been notified of the US indictment, adding that it had engaged lawyers. Mr Teo is known to be well connected to the Singapore government and was previously a nominated Member of Parliament. His late father, Chang Yun Chung, founded Pacific International Lines in 1967, but the family ceded control to a unit of Singapore’s state-owned investment group Temasek Holdings, following a bailout in 2020. The bailout restructured $3.3bn of PIL’s debt, saving the company from collapse. Listen now for a data-rich deep dive into the volatility redefining global shipping in 2026