Iran attacks tankers, regional oil production

Iran war threat likely to keep global carriers away from key route

Middle East conflict could increase air cargo business, push up rates

In light of the rapidly evolving security situation in the Middle East, Ocean Network Express (ONE) is taking precautionary steps to safeguard our seafarers, vessels, landside staff, and customers’ cargo. Safety and operational integrity remain our highest priorities.

Dear Valued CMA CGM Customer, Effective April 1, 2026, CMA CGM will amend the Bunker Adjustment Factor (BAF03) to the following revised levels

Ten Greek-flagged vessels are in the Persian Gulf, five are outside, while a total of around 325 vessels linked to Greece but flying foreign flags are in the wider area, Greek minister of maritime affairs and insular policy Vasilis Kikilias said on Monday.

An oil tanker suspected of belonging to the Russian shadow fleet has been seized in the North Sea in a joint Belgian-French operation.

Several marine insurers have revealed they will cancel war risk coverage for ships operating in Iran and Persian/Arabian Gulf.

The Port of Long Beach kicked off the new year as the nation’s busiest seaport, marking its second-busiest January on record, Port CEO Dr. Noel Hacegaba announced Wednesday during a virtual media briefing.