Shipping

Suez Canal revival gathers pace as Hormuz crisis reroutes ships

2026-09-08T08:54:06.000Z
Crude surged in the week ended Sep 6 after hostilities flared between the US and Iran after a period of relative calm.

Oil extends gains as US and Iran target ships in tit-for-tat attacks

2026-09-07T06:38:56.000Z
Deteriorating conditions on the USS Abraham Lincoln (above) exemplify a fall in US fleet readiness to 68% in 2025, well below the Navy’s 80% target.

America’s naval disaster

2026-09-07T04:52:13.000Z
Only two vessels passed through the strait on Sep 5 while six went through on Sep 6, mostly using the Iranian route.

Hormuz traffic dips to lowest since May after US, Iranian strikes on ships

2026-09-07T02:33:20.000Z
The LNG market remained under pressure this week, although the Atlantic basin showed some signs of stabilisation.

Baltic Exchange Shipping Insights

2026-09-06T23:00:00.000Z
Crude oil inventories in the US Strategic Petroleum Reserve declined by about 3.1 million barrels in the week ended Aug 30.

Oil prices rise as latest US-Iran fighting resurrects Middle East supply disruption risks

2026-09-01T07:03:24.000Z
In 2025, container throughput in Singapore was a record 44.7 million 20-foot-equivalent-units.

Singapore overtaken by Ningbo-Zhoushan as second busiest container port in H1

2026-08-31T09:41:41.000Z
A christening ceremony for two floating production storage and offloading project vessels was held before they sail for Brazil’s deepwater Buzios oil field. 

Seatrium, Petrobras eye potential natural gas collaboration to meet growing Asian demand

2026-08-27T09:13:08.000Z
The Hormuz strait handled one-fifth of global oil and liquefied natural gas shipments before the war began in February.

Iran and Oman discuss temporary Hormuz corridor as impasse with US drags on

2026-08-26T06:11:15.000Z
Jeffrey Siow, minister for transport, said keeping the straits of Malacca and Singapore free, open and safe shows there can be a different way amid geopolitical and economic tensions.

Indonesia, Malaysia, Singapore commit to keeping the straits of Malacca and Singapore free

2026-08-25T04:08:07.000Z