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Geopolitical Instability Remains Shipping’s Top Concern for Fourth Straight Year June 23, 2026
The global shipping industry continues to view geopolitical instability as its greatest business risk, according to the International Chamber of Shipping’s latest Maritime Barometer, with industry leaders warning that political...
Mike Schuler
Construction Starts on First Arctic Security Cutter in Finland, Marking Major Expansion of U.S. Icebreaking Fleet June 23, 2026
Construction of the first Arctic Security Cutter (ASC) for the U.S. Coast Guard began on Tuesday at Sata Shipbuilding’s yard in Pori, Finland, marking the start of a shipbuilding program that could ultimately transform the service into one of the world’s most capable Arctic maritime forces.
Malte Humpert
First Ships Return to Hormuz’s Central Corridor Since War Began June 23, 2026
By Lori Ann LaRocco – There are signs of a slow return to normalcy in the Strait of Hormuz, but it will take time for tanker owners and operators to...
Lori Ann LaRocco
Critics Mocked Sean Duffy’s Road Trip: They Missed the Point June 23, 2026
He wasn’t sightseeing. He was helping America see itself. By Bruce Kimbrell (Policy Op-Ed) Why a Road Trip? They called it a vanity project that was out of touch. A family vacation...
Bruce Kimbrell
Rubio Faces Task of Easing Gulf Allies’ Fears Over U.S. Iran Deal June 23, 2026
U.S. Secretary of State Marco Rubio faces a delicate mission this week pitching Washington's Iran peace deal to Gulf Arab leaders who fear excessive concessions will strengthen Tehran and reshape the region's security balance and oil flows.
Reuters
IMO Launches Evacuation of 11,000 Seafarers Still Trapped in Persian Gulf June 23, 2026
The International Maritime Organization will begin a large-scale evacuation of more than 11,000 seafarers still stranded in the Persian Gulf following last week’s U.S.-Iran peace agreement. IMO Secretary-General Arsenio Dominguez...
Mike Schuler
Who Will Govern Hormuz? Iran and Oman Begin Talks on Future Navigation and Maritime Services June 23, 2026
Iran and Oman have begun formal talks on the future administration of navigation in the Strait of Hormuz, including maritime services and associated costs, adding new urgency to questions raised...
Mike Schuler
Pakistan’s KGTL Port Plans Up to $100 million More Investment After Iran War Cargo Surge June 23, 2026
Pakistan's Karachi Gateway Terminal is planning up to $100 million in new investment within five years as the country tries to cut freight costs and turn a cargo surge triggered by the Iran war into longer-term regional shipping gains.
Reuters
Hormuz Traffic Picks Up as More Tankers Broadcast Crossings June 23, 2026
More ships are openly signaling their intention to traverse the Strait of Hormuz, pointing to growing confidence among shipowners and traders about sending vessels through the chokepoint as tensions ease.
Bloomberg
Strait of Hormuz: Mines and Dual Transit Regime Complicate Return to Normal June 22, 2026
The Strait of Hormuz is open again, but shipping companies are returning to a waterway that looks very different from the one that existed before the war. Commercial traffic is...
Mike Schuler