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Ocean Transportation: Page 14

Threat of Pirate Attacks Grows Off Somali Coast
The UKMTO has raised the threat level off the coast of Somalia to "substantial," meaning that attacks on ships in the area are a "strong possibility."
Photo: iStock / Vidas Pocius
Dual Hormuz Blockade Cuts Ship Transits to Near Zero
Oil is trading above $100 a barrel after efforts to resume peace talks stalled, leaving Hormuz almost impassable.
Photo: iStock / Dimitrios Karamitros
White House Extends Shipping Waiver to August to Ease Oil Crunch
The waiver issued in March has already been used by ships transporting an array of goods — including renewable diesel, crude oil, ammonia, ethanol and gasoline.
The Enterprise Marine Terminal in Freeport, Texas. Photographer: Mark Felix/Bloomberg
The Human Impact of a Changing Maritime Risk Landscape
The resurgence attacks linked to geopolitical tensions underscore a fundamental reality: Maritime security risks are not only logistical or financial concerns; they are human ones.
Photo: iStock / FarzadFrames
Phillips 66 Sending U.S. Oil on Foreign Vessel After Jones Waiver
No other foreign-flagged vessel has shipped U.S. crude from the Gulf Coast to the Atlantic Coast since Trump waived the Jones Act.
Photo: Bloomberg
India Expands Russian Ship Insurance Access to Keep Oil Flowing
India expanded the pool of approved Russian providers, alleviating the shortage of insurers to provide the liability coverage tankers carrying Russian oil need to legally enter its ports.
India's Port of Mumbai. Photo: iStock / mgstudyo
IMO Prepares Hormuz Evacuation Plan for Hundreds of Ships
Around 800 ships remain stuck in the Persian Gulf after traffic through the Strait of Hormuz slowed to a trickle following the outbreak of the war.
Photo: Bloomberg
Confusion, Caution Over Hormuz Access
The U.S. is apparently continuing its naval blockade on ships accessing Iran.
An aerial 3D illustration render of cargo ships stuck in the Strait of Hormuz. Image: iStock/quantic69
Hormuz Shipping Traffic Grinds to a Halt as Tensions Deepen
Tehran again shut the waterway following a refusal by the U.S. to lift its own naval blockade of Iran’s vessels.
Hormuz Traffic
Oil Tankers Start to Dash for Hormuz as Shipowners Seek Answers
“Would you be the first penguin off the ice floe to test the water?” one shipowner asked.
Photo: iStock/Jacynthroode
Iran Says Hormuz to Open During Lebanon Truce in Boost for Peace
Hormuz is “open and ready for business,” Trump said on Truth Social on April 17.
Photo: iStock / PeterHermesFurian
Panama Canal Traffic Jam Spurs $4M Line-Jumping Payment
The $4 million payment was up from the less than $1 million that some vessels were paying to cut in line at the Panama Canal as recently as early March.
Photo: iStock / Ceri Breeze
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