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Iran MPs propose tolls on shipping through Strait of Hormuz

Iran MPs propose tolls on shipping through Strait of Hormuz
Iranian lawmakers have proposed a plan to impose tolls and taxes on ships passing through the strategic Strait of Hormuz, local media reported on Thursday (Mar 19). Officials have said shipping conditions through the waterway will not return to those from before the...
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Rotterdam’s LNG price rally intensifies as Iran hits Qatar’s biggest LNG facility

Rotterdam’s LNG price rally intensifies as Iran hits Qatar’s biggest LNG facility
This sharp rise is largely driven by an almost 30% increase in the front-month Dutch TTF Natural Gas contract, a key benchmark for European gas prices. The benchmark now stands at nearly double its pre-war level. “European natural gas rose sharply, as supply risks...
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Distress or Deception? Sea Horse ‘Not Under Command’ While Delivering Cuba Gasoil

Sea Horse, a medium range tanker sailing for Cuba laden with Russian gasoil has been broadcasting it is “not under command” and that it is drifting in the Sargasso Sea for nearly three weeks. The Hong Kong-flagged tanker, which is not sanctioned, has AIS patterns that...
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Trump administration suspends Jones Act for 60 days amid Iran war

Trump administration suspends Jones Act for 60 days amid Iran war
The US government has issued a 60-day waiver of the Jones Act, a White House official confirmed to Platts, as the Trump administration attempts to combat rising energy prices and trade disruptions in the wake of the US-Israel war on Iran. “President Trump’s decision...
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Kongsberg Discovery and Fugro consolidate partnership with Main Supplier agreement

Kongsberg Discovery and Fugro have signed a new framework agreement that strengthens a decades-long technology partnership between the two companies. The contract, confirmed at Oceanology International in London, positions Kongsberg Discovery as a key supplier of...
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CMA CGM deploys emergency multimodal solutions to support supply chains in the United Arab Emirates and the northern Gulf (Iraq, Bahrain, Qatar, Kuwait) without transiting the Strait of Hormuz

Given the situation in the Middle East and restrictions affecting maritime traffic in the Strait of Hormuz, CMA CGM’s top priority remains the safety of its crews and employees. In this context of significant navigational constraints, CMA CGM is mobilizing to support...
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