Live war-risk alerts, Hormuz status, regulatory changes, port disruptions and shipping-market intelligence — updated around the clock.
Seven sanctioned Russian tankers have been spoofing AIS signals for 90 days to mask voyages from Novorossiysk while US-sanctioned LPG carriers were removed from Iran’s PGSA non-compliance list; the pattern shows enforcement announcements outpacing actual detentions and leaves charterers, agents and crews exposed to unpaid claims and port refusals.
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Three new IMO regulations took effect on April 1, 2026: mandatory stability instruments on all cargo ships, a complete ban on PFOS-containing anti-fouling systems, and compulsory reporting of containers lost at sea.
The Drewry World Container Index holds at $2,287 per 40ft container as carriers fully adapt to Cape of Good Hope routing. Schedule reliability drops to 48% while blank sailings decline as carriers deploy extra loaders.
An estimated 20,000 seafarers remain stranded aboard vessels in the Persian Gulf as the Hormuz crisis enters its sixth week. ITF and ICS warn of a humanitarian emergency rivaling the COVID-era crew-change crisis.
Iran's IRGC enforces selective transit through the Strait of Hormuz in April 2026, inspecting tankers and turning back vessels linked to US allies. Brent crude surges past $108/barrel as insurers pull war-risk coverage.
After 30 days of Operation Epic Fury, the Strait of Hormuz has shifted from closed to permission-based. Iran now controls selective passage; global shipping has fragmented across Cape diversions, Red Sea alternatives, and Gulf holding zones.
From 1 July 2026, the UK Emissions Trading Scheme will cover domestic maritime transport on ships of 5,000 GT and above operating between UK ports or undertaking in-port activities. Lloyd's Register has outlined the key compliance obligations, including Emissions Monitoring Plan approval, verified reporting via the METS system, and a 30 April 2027 allowance surrender deadline for the inaugural six-month reporting period.
Iran has granted Malaysian tankers exemption from its Hormuz transit toll, with Malaysia's Transport Minister confirming the bilateral arrangement and the country's foreign minister disclosing that seven ships linked to Petronas, MISC, and Vantris Energy were queuing for clearance. The deal, announced 26 March, follows Oman's coastal bypass arrangement and Iraq's blanket exemption as Asia's largest LNG and crude importers work around Iran's selective access framework.
LNG spot tanker rates have surged to approximately $180,000 per day as Iran's retaliatory strikes damaged 17% of Qatar's LNG export capacity and Tropical Cyclone Narelle forced Chevron's Wheatstone facility offline. Goldman Sachs expects the LNG market to remain disrupted through 2027, with the Atlantic and Pacific basins showing sharply diverging freight dynamics.
Iraq's State Organization for Marketing of Oil has issued an urgent 24-hour notice to customers to submit crude oil lifting schedules, following Iran's declaration that Iraqi shipments are exempt from any Hormuz transit restrictions. A Petronas-chartered tanker loaded with Iraqi crude successfully transited the strait on April 5, confirming the exemption holds in practice.
The Baltic Dry Index recorded a 12.2% decline in March — its first monthly loss since January — dragged lower by softening capesize earnings as elevated Chinese portside iron ore stockpiles curbed fresh cargo demand. The BDI slid to near 1,895 on consecutive down sessions, with the capesize index retreating to a two-week low of 2,771 despite panamax showing relative resilience at 1,670.
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