A cyber extortion group known as n0n has threatened to publish data allegedly taken from 38 shipping, port and logistics businesses unless multimillion-dollar ransoms are paid. The claims have not been independently verified.
Iran will not reopen the Strait of Hormuz until seven conditions linked to a June interim understanding with the United States are met, according to comments attributed to parliament speaker Mohammad Baqer Qalibaf.
Tankers · 13 OctDanish tanker owner Torm has increased its 2026 profit forecast by $300m, citing an exceptional product tanker market and expectations that freight rates will remain firm.
Ports & Congestion · 02 OctHöegh Evi and Petroleum Sarawak (PETROS) have agreed to jointly develop, own and operate a proposed LNG import terminal in Kuching, Malaysia, with first gas targeted by the end of 2029.
Container Shipping · 10 OctPremier Alliance has become the last major liner grouping to return services to the Red Sea, adding pressure to already declining Asia-Europe container freight rates.
A live intelligence file on security, navigation, tanker flows, insurance, sanctions and shipping disruption around the Strait of Hormuz.
Timeline & latest developments →SECTORContainer freight markets, liner strategy, capacity, congestion, alliances, schedules and network changes.
Timeline & latest developments →MARKETDry-bulk freight, vessel supply, commodity flows, chartering conditions and major trade-route developments.
Timeline & latest developments →MARKETCrude and product tanker markets, fleet supply, freight, sanctions, routing and oil-trade dislocation.
Timeline & latest developments →