As missiles and drones curtail energy production across the Persian Gulf, analysts warn that water, not oil, may be the resource most at risk in the energy-rich but arid region. On Sunday, Bahrain accused Iran of damaging one of its desalination plants. Earlier, Iran...

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Asharp decline in tanker transits through the Strait of Hormuz and rising floating storage in the Gulf signal a shift toward risk-managed energy transport rather than normal market operations. Recent AIS data now indicates that commercial tanker traffic has...

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Shipping has again been at the “frontline” of geopolitical events, with a >90% drop in vessels transiting the Strait of Hormuz, attacks on vessels and ports, damage to energy infrastructure and highly volatile charter markets. After a dramatic week, we try to take...

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Trading companies and oil importers have deferred chartering for several tankers in the Persian Gulf and released those previously hired, prompting owners to seek employment elsewhere to maintain cash flow, several Asia-based shipping brokers, owners and charterers...

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ABS, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Samho Heavy Industries (HD HSHI) signed a joint development project (JDP) for the “Conceptual Design of a Nuclear-Powered Electric Propulsion System.” The agreement forms a framework to...

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Kalmar has concluded an agreement to supply Opleidingscentrum voor Havenarbeiders (OCHA) – the training centre for port workers located in Antwerp, Belgium – with two Kalmar hybrid straddle carriers. The order was booked in Kalmar’s Q1 2026 order intake, with delivery...

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