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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WTO projects merchandise trade volume slowdown to 1.9% in 2026, down from 4.6% in 2025. US Supreme Court tariff ruling creates USD 166 billion refund exposure across 330,000 importers as Hormuz closure compounds trade contraction.
Iran's Islamic Revolutionary Guard Corps operates controlled shipping corridor through territorial waters, charging USD 2 million for approved tanker passage. India, Pakistan, Iraq, Malaysia, China in direct talks with Tehran over vessel transit arrangements.
One-third of global fertilizer passes through Hormuz. Imported urea prices up 30% since conflict began. US farmers cannot get price quotes from suppliers as nitrogen availability tightens heading into critical spring planting window.
Cash-buyer reports out of the subcontinent put Pakistan container tonnage at $430/LDT, tankers at $415, and bulkers at $405, with HMS 1&2 scrap stuck at $385 across India, Bangladesh and Pakistan. A stronger dollar, soft local steel demand, and limited candidate supply are crushing yard economics into Q2 2026.
Singapore delivered 4.67 million tonnes of marine fuel in February 2026, up 12.8% year-on-year, with LNG sales jumping 96.7% to 59,000 tonnes and methanol doubling to 6,000 tonnes. The alternative-fuel curve is finally moving — but ammonia is still a zero, and the multi-fuel hub story for 2026 depends on whether that number changes.
The USTR Section 301 port fees on Chinese-linked vessels would have stepped up to $153 per container and a higher net-ton rate on April 17, 2026. Instead, the whole schedule is frozen until November 9, 2026 under the US-China trade truce — and owners are quietly rebuilding their China-built tonnage exposure while the clock runs.
Gulf of Guinea kidnap-for-ransom attacks are climbing back from their 2023–2024 lows, with the IMB logging a 25 per cent rise in incidents through the third quarter of 2025 and the January 2026 abduction of nine crew from the Gabonese trawler IB Fish 7 showing that the Niger Delta kidnap network is operating again. The resurgence coincides with P&I clubs and war risk underwriters already stretched by Hormuz exposure.
Hanwha Defense USA and Hanwha Philly Shipyard have been awarded their first U.S. Navy subcontract since the Korean group acquired the former Philly Shipyard, joining prime contractor VARD Marine on concept design work for the Next Generation Logistics Ship. The award is small in dollar terms but symbolically large: it is the first visible return on Hanwha's $200 million-plus post-acquisition capital programme at the yard.
Offshore wind installation specialist Cadeler has raised approximately €175 million in a private placement to seed two new foundation installation vessels at COSCO and a scour protection conversion, betting that no-one else in the global fleet will order foundation tonnage in time to meet end-of-decade demand. The deal is priced against a market where no foundation installation vessel has been ordered anywhere in the world since Cadeler's own last order in Q2 2024.
Mediterranean Suezmax earnings have pushed to their highest level in a year, with brokers pointing to a structural pull from a tight VLCC market rather than a one-off demand spike. The rally is reshaping the economics of West Africa–Europe and Black Sea–Med lanes, and setting up a firmer floor for Aframax rates heading into Q2.
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