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Panama Canal reduces draft limits as El Niño intensifies
— 07.08.2026
The Panama Canal Authority has lowered the maximum draft for Neopanamax locks due to falling water levels, impacting large ships' transit.
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Strait of Hormuz sees lowest daily commodity vessel transit in three months
— 25.08.2026
Just two tankers transited the Strait of Hormuz on Monday, the lowest daily tally since early May, amid heightened tensions between the US and Iran.
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Ventspils Port Advances Major Green Ammonia Plant
— 25.08.2026
Ventspils, Latvia, is set to host a €1.3 billion green ammonia facility. The project, by PurpleGreen Energy, aims to reduce emissions.
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