Trump Proposes 20% Strait of Hormuz Cargo Charge
14, July 2026
Donald Trump has proposed a 20% charge on cargo transiting the Strait of Hormuz while announcing plans to reinstate a U.S. blockade targeting Iranian shipping.
Maritime
South Korean Navy Recovers Seaman’s Body Near North Korean Maritime Border
13, July 2026
The South Korean Navy recovered the body of a seaman who went missing from a patrol vessel about 52 km east of the coast near the maritime border with North Korea.
MSC Baltic III Salvage Moves Toward Wreck Dismantling as Cargo Removal Nears Completion
13, July 2026
Salvage work on MSC Baltic III is entering the dismantling stage in Newfoundland as cargo removal nears completion and preparations continue to reduce environmental risks during the wreck removal project.
Viet Thuan 11-07 Collision Kills Fisherman off Southern Vietnam
10, July 2026
One fisherman died and 16 others were rescued after Viet Thuan 11-07 collided with fishing vessel BTh 98379 TS off southern Vietnam.
IMO Condemns Strait of Hormuz Ship Attacks, Urges Protection of Seafarers
9, July 2026
The IMO has condemned recent attacks on commercial ships in the Strait of Hormuz, urging shipowners and authorities to avoid exposing seafarers to unnecessary risks while around 6,000 crew members remain stranded in the Persian Gulf.
INTERCARGO Report Shows Decline in Bulk Carrier Losses and Continued Liquefaction Risks
8, July 2026
INTERCARGO’s latest report shows fewer bulk carrier losses over the past decade while identifying cargo liquefaction and flooding as the leading causes of seafarer fatalities.
DRIFT Energy and Commenda Set Framework for 50-Vessel Hydrogen Program
8, July 2026
DRIFT Energy and Commenda Capital Partners have agreed an exclusive framework to support at least 50 wind-powered hydrogen production vessels, targeting more than $500 million in project-level investment.
Panama Canal to Cut Neopanamax Draft Limits in July and August
7, July 2026
The Panama Canal Authority will lower Neopanamax draft limits in July and August as it manages Gatun Lake water levels during forecasts for a severe El Niño.
IMO Council Opens With Hormuz Security and Piracy on Agenda
7, July 2026
The IMO opened its 137th Council session in London with maritime security, Strait of Hormuz risks and renewed piracy concerns in the Red Sea and Gulf of Aden high on the agenda.
