shipping industry Archives

September 14, 2026
Meheow
Business, World News

Why Oil Prices Remain High Despite US Claims of Restored Strait of Hormuz Traffic

Global oil prices continue to surge past $100 a barrel as market skepticism persists over U.S. claims that traffic in the Strait of Hormuz has returned to normal.

August 26, 2026
Meheow
Business, World News

Navigating Uncertainty: Why The Strait of Hormuz Remains a High-Risk Zone

Despite U.S. declarations that mines have been cleared from the Strait of Hormuz, shipping companies and insurers remain wary of the volatile waterway.

August 21, 2026
Meheow
Business, World News

Panama Canal Implements Transit Restrictions Amid Severe Drought Conditions

The Panama Canal is reducing daily ship transits to 32 vessels to conserve water as an intensifying El Niño weather pattern triggers severe regional drought.

August 12, 2026
Meheow
Business, World News

US Military Intercepts Panama-Flagged Vessel Near Iranian Waters

United States military forces have disabled a Panama-flagged cargo vessel that was attempting to breach a blockade near an Iranian port.

August 11, 2026
Meheow
Business, World News

Egyptian Cargo Vessel Targeted in Recent Bab al-Mandeb Maritime Attack

A cargo ship owned by an Egyptian firm has been set ablaze following a strike in the Bab al-Mandeb strait, raising concerns over maritime security.

August 11, 2026
Meheow
Business, Worldwide News

Filipino Seafarers Remain Committed to Global Maritime Trade Despite Heightened Conflict Risks

Filipino sailors continue to seek employment in the global maritime sector, prioritizing economic stability despite the increasing safety risks posed by international conflict zones.