Strait of Hormuz at Standstill, Commercial Shipping Nearly Zero
According to TradeWinds, commercial shipping through the Strait of Hormuz nearly came to a standstill on July 25.
Panama Canal Prepares for El Niño‑Induced Transit Restrictions
Panama Canal Authority recently released its operating report for the first nine months of fiscal year 2026 (October 2025 to June 2026). The data show steady growth in both total transits and cargo tonnage, but due to a significant increase in the probability of an El Niño event, the Authority is preparing to implement its first operational restrictions in nearly two years to ensure long-term navigational safety and service reliability.
The ships are still sailing, but insurance has already become uninsurable...
The ongoing escalation of geopolitical tensions, targeted drone strikes, and state-backed blockades are fundamentally transforming the nature of marine insurance—from a routine operational cost into a decisive and prohibitive barrier that hinders global trade.
44.799 million deadweight tonnes! Liaoning ranks first nationwide in new shipbuilding orders in the first half of the year
In the first half of 2026, Liaoning Province's shipbuilding industry achieved a historic breakthrough—new shipbuilding orders reached 44.799 million deadweight tonnes (dwt), jumping to first place nationwide. Data show that during this period, the added value of the manufacturing of railway, ship, aerospace and other transport equipment in the province increased by 43.5% year-on-year, while the output of civil steel vessels rose 2.8‑fold year-on-year. The province’s key shipbuilding indicators remained firmly among the top tier in China.
Naming and delivery of the 175,000 m³ LNG carrier 'Sea Energy' for China Merchants Shipping
On July 24, the naming and delivery ceremony for the 5th vessel of China Merchants Shipping's series of 175,000 m³ liquefied natural gas (LNG) carriers, built in a batch order at China State Shipbuilding Corporation (CSSC), was held in Dalian.
Daily transits through the Strait of Hormuz average just 3 vessels, as Maersk imposes hefty surcharges
Maersk has announced a new $1,000 surcharge per container on all cargo carried by vessels transiting the Strait of Hormuz, marking the latest escalation in cost pressures facing the shipping industry since the escalation of U.S.-Iran tensions in late February.
Construction of the world's largest fully automated terminal is in full swing
Singapore is advancing one of the largest maritime engineering projects in the world—the Tuas Port development, which is set to become the world’s largest fully automated container terminal. When fully completed, it will cover an area of 1,337 hectares, equivalent to about 3,300 standard football pitches, with 66 berths and an annual handling capacity of 65 million twenty-foot equivalent units (TEUs).