The brief · Wednesday, 11 November 2026
Fresh tanker attacks near Hormuz as VLCC owners report exceptional earnings
- 01Safety & incidents
Tankers hit near Strait of Hormuz as attacks continue
ADNOC confirmed another strike on one of its tankers in UAE territorial waters, while UKMTO reported a separate apparent projectile strike near Hormuz. Iran's IRGC claimed two tankers caught fire after using routes it had not authorised. Reports of an Iranian attack on navigational aids on Oman's Didamar Island remain unconfirmed.
- gCaptain (opens the original article: ADNOC Vessel Damaged in Gulf Attack as UKMTO Reports Fresh Tanker Strike Near Hormuz)
- The Maritime Executive (opens the original article: Adnoc Confirms Strike on Tanker in UAE's Territorial Waters)
- Container News (opens the original article: Iran claims two oil tankers are burning in Strait of Hormuz)
- The Maritime Executive (opens the original article: Uncertainty Surrounds Possible Attack on Oman's Strait of Hormuz Lighthouse)
- 02Markets & finance
VLCC earnings soar as DHT posts $270.9m quarterly profit
DHT's third-quarter profit exceeded its result for all of 2025, and it has fixed 68% of its fourth-quarter VLCC spot days at an average of $579,900 a day. Middle East Gulf–China VLCC earnings stood near $1.29 million a day, with US Gulf–China earnings falling faster to around $415,000.
- Seatrade Maritime (opens the original article: DHT books 68% of VLCC Q4 spot days at a staggering $579,900 average)
- Baird Maritime (opens the original article: DHT Holdings Q3 2026 profit increases to $270.9m)
- Hellenic Shipping News (opens the original article: Atlantic Tanker Earnings Fall Faster Than Gulf Earnings)
- 03Markets & finance
US midterm results unsettle oil, trade and LNG shipbuilding
Democrats will control both chambers of Congress from January 2027. Rystad reports oil below $100 amid a sharp market repricing, and diesel benchmarks have slid. Freightos sees renewed trade uncertainty, while analysts warn the outcome could weigh on LNG carrier orders for Korean shipbuilders.
- Hellenic Shipping News (opens the original article: Intermodal Weekly Market Report Week 45 2026 Broker’s Insight)
- AJOT (opens the original article: Oil below $100 and AI stocks in freefall: Rystad Energy says markets have moved ahead of the fundamentals)
- FreightWaves (opens the original article: Diesel market points down post-election; benchmark slides)
- AJOT (opens the original article: [Freightos Weekly Update] LA/LB strike deadline extended; Dem win increasing trade uncertainty)
- Cyprus Shipping News (opens the original article: US midterm results raise LNG carrier order risks for Korean Shipbuilders)
- 04Cyprus & East Med
Turkey issues navtex for Great Sea Interconnector surveys
Turkey issued a navtex covering planned seabed surveys between Cyprus and Crete for the Great Sea Interconnector, in effect consenting to the work. Cyprus government spokesman Konstantinos Letymbiotis called it of no consequence. Separately, Cyprus-linked Safe Bulkers more than tripled nine-month net profit to $96.3m and raised its dividend.
- Cyprus Mail (opens the original article: Turkey issues new navtex, giving consent for GSI surveys)
- Cyprus Mail (opens the original article: Turkish GSI navtex ‘of no consequence’, Letymbiotis says)
- Cyprus Mail (opens the original article: Safe Bulkers profits more than triple to $96.3m as freight rates climb)
- Offshore Energy (opens the original article: Multi-license awards open Eastern Mediterranean doors for Murphy Oil)
- 05Safety & incidents
EU funds Black Sea security hub; Italy criticises Red Sea effort
The European Commission pledged €50m to help Bulgaria and Romania speed up a Black Sea maritime security hub following deadly drone attacks on cargo ships. Italy's defence minister said EU states had taken no concrete steps to strengthen the Red Sea naval mission. The IMO Council condemned attacks in both seas.
- MarineLink (opens the original article: EU Commission President Pledges $56m to Expedite Black Sea Security Hub)
- Baird Maritime (opens the original article: EU fast-tracks €50m Black Sea security hub as deadly drone strikes escalate)
- MarineLink (opens the original article: Italy Accuses EU Nations of Neglecting Red Sea Security)
- Cyprus Shipping News (opens the original article: IMO Council urges stronger protection of seafarers amid threats to global shipping)
- 06Markets & finance
Suez return may limit November container rate increases
Sogese says carriers may achieve only part of their announced November increases on Asia–Europe as more capacity returns via Suez, although Far East–Europe volumes rose 12.2% in the first seven months. Separately, the containership fleet is forecast to grow by almost 50% by 2030, raising concerns about oversupply.
- Container News (opens the original article: Suez return could limit November freight rate increases, Sogese warns)
- Hellenic Shipping News (opens the original article: Carriers may secure only part of their November rate increases as Suez returns, Sogese report says)
- The Loadstar (opens the original article: ‘Severe supply imbalance’ threat as record box ship deliveries loom)
- Journal of Commerce (opens the original article: Fast-growing order book looms over container shipping industry)
- 07Regulation & policy
US and China extend suspensions of reciprocal port fees
Washington has formally extended for two months its suspension of port fees on Chinese-built and Chinese-operated ships. China will keep its special charges on US-linked vessels suspended until 10 January 2027 while the two sides maintain a temporary trade truce.
Written by Maritime AI at 06:31 Cyprus time from 250 headlines and their outlets’ own summaries. It can get things wrong — read the original articles before you rely on anything here.
