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Maritime briefing
European CSOV Rates Stay Elevated as Project and Newbuild Delays Tighten Supply
European CSOV availability remained tight through the summer, with several spot fixtures exceeding €60,000 per day. Delayed offshore wind projects and postponed vessel deliveries supported demand, although record fleet growth and weaker activity in Asia-Pacific could reshape the market.
Hormuz vessel traffic falls as tanker attacks heighten security concerns
Visible commodity vessel transits through the Strait of Hormuz fell to five per day over the weekend as operators responded cautiously to continued attacks. The IMO renewed calls for unhindered navigation, saying up to 400 ships and around 6,000 seafarers have been unable to leave the Persian Gulf safely.
Port congestion temporarily shields container shipping from capacity shock
Port delays are keeping 2.3m teu of containership capacity out of service, cushioning the market as newbuildings and a gradual return to Suez threaten to release substantial vessel supply.
Panama Canal Eases Neopanamax Booking Rules as Water Constraints Tighten Capacity
The Panama Canal Authority will temporarily allow customers to hold multiple Neopanamax reservations for the same booking date and secure slots on consecutive dates, offering greater flexibility as reduced rainfall and strong vessel demand put pressure on transit capacity.
US-Iran Strikes Renew Security Concerns Around Strait of Hormuz
The US and Iran exchanged attacks for the first time in about a month, renewing concerns over shipping through the Strait of Hormuz and pushing Brent crude above $90 a barrel.
Iran Sets Conditions for Restoring Shipping Through Strait of Hormuz
Iran is preparing conditions for reopening the Strait of Hormuz, including an end to the regional war, sanctions relief and compensation. Tehran and Oman are also discussing a designated shipping corridor spanning their respective waters.
Track the stories that keep evolving
Strait of Hormuz
A live intelligence file on security, navigation, tanker flows, insurance, sanctions and shipping disruption around the Strait of Hormuz.
Container Shipping
Container freight markets, liner strategy, capacity, congestion, alliances, schedules and network changes.
Dry Bulk
Dry-bulk freight, vessel supply, commodity flows, chartering conditions and major trade-route developments.
Tankers
Crude and product tanker markets, fleet supply, freight, sanctions, routing and oil-trade dislocation.
Ports & Congestion
Port operations, congestion, terminals, capacity, strikes, infrastructure and canal/port disruptions.
IMO & Regulation
IMO policy, emissions rules, safety standards, compliance, regional regulation and shipping decarbonisation.
Offshore Wind
Offshore wind vessels, CSOV/SOV demand, project pipelines, installation capacity, rates and marine supply chain.
Operating context
Current freight, fleet, port and bunker context is available through Market Intelligence reporting.
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