Energy. Hormuz tanker strike sparks fresh oil route crisis: 2m bpd at risk
A Kuwaiti VLCC was hit in the Strait of Hormuz, while Saudi Arabia’s Yanbu port suspended loading.
A Kuwaiti VLCC was hit in the Strait of Hormuz, while Saudi Arabia’s Yanbu port suspended loading.
Three vessels, including a crude oil tanker, struck by projectiles in the Strait of Hormuz on Tuesday, UKMTO reports.
New Nouakchott office to handle 33-container logistics and heavy-lift projects for mining and energy sectors
25 crewmembers evacuated as MSC Hermes III took on water 186 miles east of Vietnam on September 22.
CBP officers at New York’s Lewiston Bridge uncovered 450 pounds of cocaine hidden in 174 vacuum-sealed packages.
A critically ill crewmember was rescued from a boxship 1,300 nautical miles from shore after onboard…
USS George H.W. Bush docks off Phuket after six months supporting US naval blockade in the Strait of Hormuz.
Chong Suk LEE
José Rafael Díaz
Peru evaluates 2066 concession extension tied to $1.47bn investment in South Pier terminal infrastructure.
Three ageing Hitachi STS cranes were knocked off their rails in winds double the forecast strength.
Washington turns to Seoul after decades of delays, cost overruns, and a fleet shrinking despite ballooning budgets.
(FP)
Trader rebrands as Centalion, shifts HQ to Singapore after employee buyout and founder exit
Mexican trade officials warn criminals are impersonating customs brokers to steal payments in cross-border shipments
Computer vision and yard-management data linked five short shipments to a specific truck and driver.
World Economy
Over 1,000 carriers attended Amazon’s annual event, doubling last year’s turnout.
US regulators slash fuel economy targets, cutting new-vehicle costs by $1,300.
Daily tonnes through 1,400+ ports · 7-day average · last 6 months
ABS-backed study reveals nuclear-powered LNG carriers could slash lifetime costs by up to 15%.
Kitimat facility to reach 28 million tonnes per year as Shell and partners approve Phase 2 expansion.
Deendayal Port Authority’s new e-methanol plant in Kandla will produce at $750 per ton.
FP Week Week 42 · 2026
Fifty-two of 54 tracked names closed higher on the session
Read the week’s storyMarella Cruises adds Patras to its 2028 programme, introducing six new itineraries and 119 hotels for cruise & stay.
The 66-hour search covered 4,445 square miles but found no survivors from the Gulfstream G100 crash.
Regionalisation and geopolitical turmoil create openings for specialised operators in fragmented markets
HX Expeditions closes 2026 Arctic season with record 26,491 citizen science contributions and AI whale detection trial.
Domestic intermodal volumes hit an annual high of 21,697 containers, driven by 30.9% cost savings over trucking.
COSCO Guangdong completes 3-month refit of 53,000 dwt bulker into 2,528 teu feeder
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Seoul allocates $266m to expand its 3,000-ton patrol fleet from 11 to 17 vessels by 2030.
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