At least three tankers were damaged off the Gulf coast and one seafarer was killed as Iranian retaliation for U.S. and Israeli strikes on Iran exposed ships to collateral damage, shipping sources and officials said on Sunday.Risks to commercial shippin…
At Least Three Tankers Hit in Gulf Read More »
The diplomatic route in Iran is now exhausted, as last night the United States and Israel attacked Iran, sharply escalating security risks for commercial shipping in the Persian Gulf and adjacent waters, prompting immediate operational and insurance…
U.S., Israel Stike Iran: What’s Next for Shipping Read More »
Peter Sand, Xeneta Chief Analyst:“The recent tariff ruling by the US Supreme Court will have knock-on impacts for ocean container shipping, but this will be nuanced and unlikely to cause a huge increase in frontloading demand, even though tariffs…
Xeneta Weekly Ocean Container Shipping Market Update: February 27, 2026 Read More »
The American Club has reported positive developments for the 2026 renewal across all lines of business. Gross tonnage for the Club’s Class I (mutual P&I) entries increased modestly at the turn of the renewal at Noon GMT 20 February 2026, while…
American Club Reports Positive Progress with 2026 P&I Renewal Read More »
Daughter Craft No. 3, commissioned by Purus, is progressing through final outfitting ahead of sea trials. Engines are now installed with Volvo Penta IPS drives, and the vessel’s electronics and interior systems are well underway in outfit.Diverse…
Third Purus Daughter Craft Undergoes Final Outfitting, Sea Trials to Come Read More »