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Maritime Business
Latest reporting, legal intelligence and analysis from Maritime Legal Business.
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Hormuz crossings fall to four ships as tanker traffic remains under severe pressure
Read article →: Hormuz crossings fall to four ships as tanker traffic remains under severe pressureOnly four tracked vessels crossed the Strait of Hormuz on 15 September, underscoring how security risk continues to constrain tanker supply, freight and voyage planning.
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VLCC freight rates hit record highs as Gulf security crisis rewrites tanker economics
Read article →: VLCC freight rates hit record highs as Gulf security crisis rewrites tanker economicsVLCC rates on the Gulf of Oman-to-China route reached record levels as security risk thinned available tonnage and raised the cost of moving crude.
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Saudi Yanbu disruption forces oil buyers to reroute cargoes as Red Sea supply risk deepens
Read article →: Saudi Yanbu disruption forces oil buyers to reroute cargoes as Red Sea supply risk deepensDamage to Saudi Arabia’s East-West Pipeline and suspended Yanbu loadings are forcing crude buyers to seek alternatives, with consequences for tanker demand, routing, insurance and contracts.
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Maersk and Hapag-Lloyd Move Four More Gemini Services Back Through Suez
Read article →: Maersk and Hapag-Lloyd Move Four More Gemini Services Back Through SuezMaersk and Hapag-Lloyd are moving four additional Gemini Cooperation services back through the Suez Canal, extending the container industry’s gradual return to the shorter Asia-Europe corridor while keeping future routing explicitly tied to security conditions in…
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Hapag-Lloyd moves to revise US$4.2 billion ZIM structure as Israeli security concerns test shipping M&A
Read article →: Hapag-Lloyd moves to revise US$4.2 billion ZIM structure as Israeli security concerns test shipping M&AHapag-Lloyd is revising the structure around its proposed $4.2 billion acquisition of ZIM as Israel weighs national-security concerns, showing how strategic shipping assets can turn an ordinary merger review into a sovereignty question.
Archive hero photograph: Igor Passchier / Pexels.