The war in Iran threatens oil and global trade
Ongoing military operations in Iran disrupt not only oil supplies but also have far-reaching effects on global maritime commerce.
Trade Association: Oil Prices Will Spike If the Strait of Hormuz Is Blocked... 70% of Crude Oil Reliant on Middle East
The Korea Trade Association warns that if tensions between the U.S. and Iran escalate and the Strait of Hormuz is blocked, oil prices could significantly rise, given that 20% of global maritime oil traffic passes through the strait.
Signs of a Major Oil Crisis in the World... Iran Restricting Ship Movement in the Strait of Hormuz!
Global concern is rising as reports emerge that Iran is restricting ship movement in the critical Strait of Hormuz, a key oil transport route.
The most dangerous passage in the world – From the tanker war to today
The Strait of Hormuz, a crucial maritime passage for global oil trade, remains a focal point of geopolitical tensions, particularly between Iran and the West.
5,800 ships of the Greek-owned fleet in 174 countries
The Greek shipping fleet, comprising 5,800 ships, has made over 160,000 port calls in 174 countries in 2023, highlighting its global significance.
WSJ: USA hunts for shadow tankers. We delve into the task
The article discusses the recent intensified efforts by the USA to target shadow tankers in response to multi-layered sanctions imposed by Western countries.
Prohibitive for trade flows is the cost of new port fees announced by the USA
Newly announced port fees by US authorities may significantly increase costs for super tankers, potentially hindering trade flow.
The volunteer team keeping an often-invisible global workforce afloat
A volunteer team at Melbourne's Mission to Seafarers provides essential support for maritime workers who spend long periods at sea.
Russian nuclear icebreaker in the Gulf of Finland
A Russian nuclear icebreaker, the Sibir, is currently in the Gulf of Finland amidst worsening ice conditions impacting maritime trade.
"We will respond with great force" – Putin's right hand man is concerned about Finland's project
Nikolai Patrushev, an aide to Russian President Putin, threatens to use the Russian Navy in the Baltic Sea in response to perceived Western threats to Russia's maritime trade.
Putin aide urges retaliation to ‘Western piracy’
A senior aide to President Putin has called for a strong military response to what he terms 'Western piracy' affecting Russia's maritime trade.
Trump unveils maritime action plan as China dominates global shipbuilding
The Trump administration has introduced a comprehensive maritime action plan to bolster U.S. maritime dominance and reduce reliance on foreign vessels for international trade.
India seizes 3 tankers linked to Iran subject to US sanctions
India has seized three tankers connected to Iran and subject to US sanctions, boosting its maritime patrols to combat illegal trade.
Greek shipping "moves the world" – Why the two superpowers "bow" to the Greek-owned fleet
The Greek-owned fleet, accounting for 19.1% of the world's shipping capacity, plays a crucial role in the economies of Europe, the US, and China, driving energy and food security.
Greek shipowners transport 20% of Chinese cargo
The Chinese ambassador to Greece emphasized the longstanding partnership between the two countries, noting that Greek shipowners play a significant role in transporting Chinese cargo and that there are opportunities for deeper cooperation in maritime activities.
Greek shipowners transport 20% of Chinese cargoes
Chinese Ambassador Fang Qiu highlighted the significant role of Greek shipowners in transporting over 20% of China's cargoes during an event in Greece, emphasizing opportunities for closer maritime cooperation.
The surge in ship orders from Greek shipowners continues
Greek shipowners are set to increase their ship orders with a notable rise in demand for new vessels, particularly containerships, as evidenced by recent agreements with shipbuilding companies in China.
The President of the Somaliland Region Does Not Rule Out Granting a Port to Israel
The President of Somaliland, Abdirahman Mohamed Abdalla, expressed openness to Israeli investments and the possibility of granting a port to an Israeli company.
Climate-Damaging Shipping: Technology-Neutral Tankers Are Not on Climate Course
A report for the Bundestag examines how maritime trade can become climate-neutral, revealing that countries like the USA are impeding progress.
Kikilias in Parliament on Friday for the tragedy in Chios
Maritime Minister Vassilis Kikilias will provide updates to the Production and Trade Committee regarding the tragedy in Chios during a session on February 6, 2026.
Mexico and Portugal sign maritime corridor with brother ports
Mexico and Portugal have established a maritime corridor facilitating bidirectional transport of various cargo types, officially designating the Ports of Sines and Coatzacoalcos as brother ports.
British warning of suspicious activity by armed boats near the Strait of Hormuz
The UK Maritime Trade Operations (UKMTO) has issued a security warning regarding suspicious activities involving armed boats near the Strait of Hormuz, following reports of a commercial vessel receiving radio calls demanding it to stop.
Venezuela: Oil and petroleum product flows have 'frozen' – The implications for global trade
Venezuela's oil exports are severely affected by a gray legal framework, sanctions, and operational chaos, leading to changes in maritime routes and shipping processes.