CMA CGM Imposes Emergency Surcharges Up to $4,000 Per Container
CMA CGM levies $2,000-$4,000 per TEU emergency conflict surcharges on all Persian Gulf cargo as Hormuz crisis reshapes container shipping economics.
DP World Halts Jebel Ali Operations After Missile Strike
Missile strike on Jebel Ali port forces DP World to suspend all operations at the Middle East's largest terminal, threatening regional supply chains.
Maersk, MSC, and Hapag-Lloyd Suspend All Hormuz Transits
World's three largest container carriers simultaneously halt all Persian Gulf operations, creating unprecedented supply chain disruptions across the Middle East.
Over 200 Vessels Stranded at Hormuz as 40 VLCCs Await Passage
More than 200 commercial vessels including 40 VLCCs sit idle at the Strait of Hormuz as Iranian blockade paralyzes global maritime trade.
Strait of Hormuz Under Siege as Tankers Struck in Escalating Conflict
Three tankers struck by Iranian missiles in Strait of Hormuz as IRGC enforces maritime blockade, killing one seafarer and threatening 20% of global oil trade.
Damen Completes Sea Trials for Seventh BC Ferries Island Class Vessel
Damen completes sea trials for seventh BC Ferries vessel featuring hybrid electric propulsion and noise reduction.
Shadow Tanker Marinera Underway Again, Eluding U.S. Authorities After Seizure
Russian tanker Marinera reportedly returns to operations after U.S. Navy seizure in North Atlantic operation.
Russia and Iran Slash Oil Prices in Fierce Competition for Chinese Buyers
Russia and Iran slash crude prices to record discounts for Chinese buyers, with Russian exports hitting 2.09M barrels daily.
Bahrain Suspends Operations at Khalifa Bin Salman Port
Bahrain halted port operations after military attack on U.S. Fifth Fleet base; American naval forces withdraw.
Kuwait's Shuaiba Port Suspended, Vessels Evacuating to Anchorage
Kuwait suspended Shuaiba Port operations after debris fell near the facility, disrupting petrochemical exports.
Panama Authorities Search CK Hutchison Ports Unit Amid U.S. Pressure Over Canal Control
Panamanian authorities searched CK Hutchison offices as government transfers canal terminals to Maersk and MSC.
USTR Port Fees on Chinese-Built Vessels Set to Rise to $80/NT and $153/Container in April
Section 301 tariffs on Chinese-operated ships scheduled to increase April 2026; 83% of U.S. container traffic affected.