Vessels Reroute in the Strait of Hormuz as Tankers Shift North and Traffic Falls Well Below Normal Levels
Shipping patterns in the Strait of Hormuz are changing. Following a series of recent attacks on commercial vessels, some shipowner
Wan Hai Lines Orders Eight Containerships for Nearly $1 Billion, with 11,000 TEU Newbuildings Scheduled for Delivery from 2029
Wan Hai Lines is expanding its containership fleet again. Lloyd’s List recently reported that the Taiwan-based liner operator has
Tanker Grounded off Oman for Over a Month as Oil Spill Spreads Across More Than 2,000 Square Kilometers, Renewing Concerns over "Shadow Fleet" Risks
A tanker carrying approximately 800,000 barrels of Russian crude oil has become the source of a serious marine pollution incident
U.S. East Coast Ocean Freight Rates Near $9,000 as Iran and Oman Announce a New Transit Plan for the Strait of Hormuz-Where Are Rates Headed in the Second Half of the Year?
Changes to vessel traffic through the Strait of Hormuz continue to affect the global container shipping market. Iran recently reit
P&I Clubs Tighten Red Sea War-Risk Cover Again as Excluded Areas Expand from August 16
Shipping risks in the Red Sea are once again affecting the insurance market. Several international protection and indemnity clubs
Q2 2026 Container Shipping Earnings: Evergreen Earns NT$16 Billion; Wan Hai's Profit Surges 972% and Yang Ming's Rises 482%
The Asian container shipping market recorded a strong recovery in the second quarter of 2026. Taiwan’s three major container carri
