20 MAR 2026 The Trump administration has temporarily waived the Jones Act for select liquid bulk and dry bulk cargoes, allowing foreign seafarers and shipowners greater latitude to work within the United States. Energy market analysts expect that the move will reduce fuel prices by several cents per gallon in specific …
Read More »WHAT DOES THE MIDEAST CRISIS MEAN FOR PORTS AND CARGO OWNERS?
19 MAR 2026 The war with Iran has reached critical levels with an increase in direct attacks on commercial container vessels. As of March 11 2026, three container vessels had been hit by “unknown projectiles”. A Thai-flagged commercial vessel was hit 11 nautical miles north of Oman, causing a fire on …
Read More »FOUR KILLED AS JAPANESE CARGO SHIP HITS COMMERCIAL FISHING VESSEL
18 MAR 2026 Japan is reporting another incident in which a fishing vessel was struck by an inter-island cargo vessel in the busy sea lanes around the islands. In the latest incident, four people were killed, and nine other crewmembers from a commercial fishing vessel were rescued with no major …
Read More »INDIA AND PAKISTAN OFFERING ESCORTS AS SHIPS PASS THROUGH STRAIT OF HORMUZ
17 MAR 2026 Indian officials confirmed that they have sent warships west toward the Persian Gulf region to provide escorts as they work to gain safe passage for ships and especially for critical supplies of oil and liquefied petroleum gas (LPG). India’s efforts mirror those of Pakistan, which began its …
Read More »IRAN IS MAKING UNIMPEDED USE OF THE STRAIT OF HORMUZ
16 MAR 2026 Getting a clear picture of what traffic is currently passing through the Strait of Hormuz is difficult at present for the external observer. The US military and the Omani coast guard will have a complete picture, but ship trackers used to dependency on AIS signals are now deprived …
Read More »HORMUZ SHUTDOWN HITS KEY INDUSTRIAL COMMODITIES
15 MAR 2026 The Strait of Hormuz shutdown is having a direct effect on the price of oil and LNG, and in some downstream and byproduct markets, the impact is becoming acute. Bunker fuel prices and regional inventories are both changing fast. Net global oil supply is expected to fall …
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