Strait of Hormuz traffic rises to 16 ships with 62% under sanctions as Oman avoids Iranian corridor
16 ships transited Strait of Hormuz on 1 April 2026; 62% under sanctions. Omani vessels used traditional route, indicating diplomatic efforts to secure passage.
Hafnia Orders 8 MR Product Tankers for $405M with 2028-2029 Delivery
Hafnia Limited invests $405 million in eight MR product tankers built by Hyundai Heavy Industries, with deliveries from Q3 2028 to Q2 2029.
Record MGO Price at $1,610/ton Amid Bunker Surge from Middle East Tensions
MGO LS hits record $1,610/ton, bunker prices rise due to Middle East tensions. Scrubber spread widens to $159.37, impacting shipping costs and operations.
Autonomous Electric Wagons Hit Memphis Rails to Boost Port Logistics
Intramotev and RJ Corman deploy autonomous electric wagons on Memphis rail for shunting, aiming to boost port logistics efficiency and align with global decarbonisation trends.
Over Half of SEA Warns of China Maritime Insurgency in Vital Routes
51.6% of Southeast Asia alarmed by China’s maritime insurgency, impacting 30% of global trade routes in South China Sea, 2025 survey shows.
Daehan Shipbuilding Leads Q1 with 12 Suezmax Orders and Record 200M USD Deal
Daehan Shipbuilding’s Q1 success: 12 Suezmax orders and a 200M USD contract signal strong tanker demand. Explore maritime implications.
Balearia Cleared for Armas Takeover with €25M Anti-Monopoly Pledge in Canaries
CNMC approved Balearia’s acquisition of Armas assets with €25M investment to prevent monopoly in Canary Islands, affecting Spanish ferry routes in October 2025.
Niagen Bioscience Deploys 80 NAD+ Clinics on Luxury Cruise Ships in Maritime First
Niagen Bioscience partners with OneSpaWorld to deploy Niagen IV anti-aging treatments in over 80 luxury cruise ship clinics, a pioneering maritime wellness agreement tapping into a $4 trillion market.
Global Tank Container Fleet Hits 899,044 Units, Growth Falls to 1.93% in 2026
Global tank container fleet reaches 899,044 units in 2026, but growth falls to 1.93%, indicating shifts in bulk liquid transport demand and market dynamics.
US federal court blocks AI firm’s supply chain risk label: maritime impact
US federal judge temporarily blocks DoD from labeling AI firm Anthropic as a supply chain risk, impacting maritime technology adoption and legal precedents.