Houthis deny plans for chokepoint toll
Rebel groups ask shipowners to report fraudulent attempts to secure money in its name
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August 2026
Greek bulker arrested as Piraeus Bank chases owner for mortgage payments
Greek bank has lodged a hefty mortgage claim against two ships that trade in Kyla Shipping’s fleet
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Tanker Market: New Routes Underway, as Hormuz Status Changes
With many observers believing that even if an accord is reached regarding the safe transit of ships across the Hormuz Strait, it will always remain an area of potential unrest and peril, alternative routes are currently underway, mainly through the use…
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Dry Bulk Market: Capesizes Gaining Momentum
Capesize After a weak start to the week, the market gradually regained momentum, finishing on a much firmer footing by Friday. Early pressure was driven by subdued cargo volumes, particularly in the Atlantic, while easing bunker prices encouraged lower…
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Surging domestic demand transforms India to net iron ore importer
In Drewry’s August 2025 article on the increase in iron ore imports in India, “India’s iron ore imports surge amid strong steel production”, we highlighted that India’s iron ore market was undergoing a structural shift, with surging imports and declini…
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