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Ports & LogisticsCongestion Deepens at Shanghai, Ningbo and Singapore Container HubsSchedule reliability weakened across Asia’s 14 busiest container ports in July as typhoons added pressure to stretched terminal operations. Shanghai’sShipping MarketsKpler: Oil shipping adapts as Hormuz restrictions persist after MoU expiryOil markets are adjusting to restricted and increasingly opaque shipping through the Strait of Hormuz after the 60-day US-Iran Islamabad MoU expired wMaritime Law & RegulationIran Sets Conditions for Restoring Shipping Through Strait of HormuzIran is preparing conditions for reopening the Strait of Hormuz, including an end to the regional war, sanctions relief and compensation. Tehran and OShipping MarketsPanama Canal Restrictions Raise Container Capacity ConcernsCMA CGM has delayed the introduction of a $150 per TEU low-water surcharge as tighter Panama Canal draught limits and fewer daily transits threaten toMaritime Law & RegulationHormuz vessel transits fall as tanker attacks heighten security concernsVisible commodity vessel traffic through the Strait of Hormuz fell to five ships per day over the weekend amid continued attacks, while the IMO renewePorts & LogisticsMSC Suspends Novorossiysk Cargo Bookings After Drone AttackMSC has halted new cargo bookings to and from Novorossiysk after the container ship MSC ULSAN III was attacked by a drone while heading toward the RusMaritime Law & RegulationTanker Struck in Strait of Hormuz as Navigation Risks PersistThe tanker AL SALAM II was hit by an unknown projectile near Khasab, Oman, while sailing eastbound through the Strait of Hormuz. Its crew extinguishedShipping MarketsVLCC Buying Drives 53% Surge in Tanker S&P ActivityGlobal tanker sale and purchase transactions rose 53% year on year to 365 vessels between January and July 2026, according to Xclusiv Shipbrokers. VLCPorts & LogisticsTanker Catches Fire After Projectile Strike Off Saudi Arabia’s YanbuA tanker was hit by an unidentified projectile 63 nautical miles west of Yanbu, causing a fire on its main deck, according to UKMTO. All crew members Ship ManagementArc7 LNG Carrier Alexey Kosygin Lingers Off China Amid Repair SpeculationThe recently delivered Russian Arc7 LNG carrier Alexey Kosygin has remained off China’s eastern coast after carrying an Arctic LNG 2 cargo through theCompanies & DealsFour Owners Order VINGA Product Tankers for 2028-2029 DeliveryFureBear, O.H. Meling and Älvtank have ordered four 17,999-dwt VINGA product tankers from China Merchants Jinling Shipyard. The Swedish-flagged vesselPorts & LogisticsPanama Canal Congestion Pushes LPG Tankers to Alternative RoutesDelays and cargo restrictions at the Panama Canal are prompting LPG tanker operators to consider ship-to-ship transfers and longer voyages around Sout
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