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Fog of War Deepens in Hormuz as UKMTO Says Most Ship Attacks Go Unreported

16 October 2026 at 19:53
Conflicting traffic figures and competing claims of control are making it increasingly difficult to establish what’s happening in the Strait of Hormuz, even as attacks on merchant shipping intensify. The...

International Seaways Adds to VLCC Fleet with $370 Million Bruton Deal

16 October 2026 at 18:22
Deal adds four modern crude tankers as International Seaways reports sharply higher spot earnings entering the fourth quarter. International Seaways has agreed to acquire Oslo-listed Bruton Limited in a deal...

Southern California Ports Shatter Cargo Records as Imports Surge

16 October 2026 at 18:07
The ports of Los Angeles and Long Beach both set all-time monthly cargo records in September, handling a combined 2.04 million twenty-foot equivalent units (TEUs) as strong imports and shifting...

Lawmakers Seek to Strip COSCO Ships of U.S. Port Inspection Privileges Over Espionage Claims

16 October 2026 at 16:58
Three senior House Republicans are calling on the Department of Homeland Security to revoke special inspection privileges granted to vessels operated by Chinese state-owned shipping giant COSCO, citing allegations that...

IEA Moves to Accelerate Oil Reserve Releases as Hormuz Crisis Drags On

16 October 2026 at 16:50
The International Energy Agency (IEA) has agreed to accelerate the release of approximately 100 million barrels of emergency oil stocks, including more than 20 million barrels of diesel, as the...
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