With much in the news, I wish you good fixtures and safe travels. And now for the news before the headlines.
 
The Joint Maritime Information Center has reduced the threat level to ships in the Strait of Hormuz to “Substantial”.

NOAA: National Oceanic & Atmospheric Administration has declared El Niño in the tropical Pacific, warning it could become one of the strongest on record, with major implications for global shipping.

Baltic Dry Index down for 2nd day on Tuesday, falling 1.8% to 2,670 points.

India’s proposed China-style crude stockpile would add a new layer of strategic buying to the tanker market, as refiners look to build larger buffers against Hormuz-style supply shocks.
 
Surging fertilizer costs are turning the Strait of Hormuz crisis into a grain production risk, as farmers cut inputs, switch crops and brace for a more volatile era where fertilizer availability becomes a geopolitical factor.

SAL is further bolstering its capabilities with the long-term charter of three Octopus 12.6-class newbuildings.

Trump says the Strait of Hormuz will reopen “toll-free” under a US-Iran deal, easing oil markets as Brent falls below $80.
 
The Adriatic Port Authority ransomware attack shows how a shoreside cyber breach can quickly become a maritime operations problem, disrupting cargo flows, vessel schedules and regional trade without directly targeting ships.

Finnish charges against the Fitburg’s captain and bosun mark another escalation in subsecable security, with prosecutors alleging the vessel damaged telecomscables and may have been attempting further disruption.

Northern Marine Group is scaling digital inspections across its managed fleet after a successful Kaiko Systems pilot.

The Mission to Seafarers says the US-Iran conflict has exposed urgent welfare gaps, from safe evacuation and humanitarian access to crew repatriation.
 
The UK’s charging of a shadow fleet captain marks a tougher enforcement step.

SunGas Renewables is halting its Beaver Lake Biofuels project, underlining how slow uptake of low carbon marine fuels.

Bunker Holding A/S reported a strong 2025/26 result, delivering $424m in gross profit and $73m profit before tax.

Handy Supra sentiment is improving in the West Med, Continent and Asia Pacific, but the Black Sea and coaster markets remain under heavy pressure from weak grain flows, poor cargo activity and mounting tonnage oversupply.

Allelys has strengthened its heavy lift and transport engineering team with the appointment of Richard Cross as senior commercial manager, supporting its continued focus on complex project cargo work.

Nordic insurers are moving to reduce costly offshore wind heavy-lift disputes with a new standard contract template aimed at clarifying liability during transport and installation work.

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