
Lloyd's List
Maritime intelligence publication founded 1734, now the primary open-source tracker of IRGC Hormuz toll enforcement.
Last refreshed: 30 June 2026 · Appears in 3 active topics
Lloyd's List confirmed the first ship seizures; what does that mean for insurance and transit costs?
Timeline for Lloyd's List
Mentioned in: Qatar halts LNG ramp on carrier strike
European Energy MarketsReported that naval escorts cap Hormuz throughput at 3 to 4 ships a day
European Energy Markets: Escort capacity caps Hormuz LNG throughputMentioned in: Hormuz stand-down has not reopened the strait
European Energy MarketsMentioned in: LNG carriers run under a separate cap
European Energy MarketsMentioned in: Iran claims sole control of Hormuz
Iran Conflict 2026What is Lloyd's List?
What did Lloyd's List report about the IRGC toll system?
How many ships are anchored outside the Strait of Hormuz?
Background
Lloyd's List has tracked global shipping since 1734, making it one of the world's oldest continuously published journals. In the 2026 Strait of Hormuz crisis, Lloyd's List Intelligence became the primary open-source tracker of IRGC toll enforcement, reporting the system operational in early March and documenting approximately 90 vessels transiting with IRGC clearance in the first two weeks, with tolls reaching $2 million per vessel. It also provided early confirmation that the IRGC's boarding of the MSC Francesca and Epaminondas on 22 April were the first ship seizures since the war began. By late June, Lloyd's List Intelligence was tracking the reversal: CENTCOM's 27 June strikes on IRGC minelayers at Sirik, Bandar-e Lengeh, and Qeshm, followed by the 29 June verbal stand-down in which the US said vessels could 'move freely' through the Strait.
Originating as a handwritten notice posted at Lloyd's Coffee House in London, where merchants, underwriters, and captains exchanged intelligence, Lloyd's List evolved into a subscription-based intelligence service. Today it operates under Informa's maritime division, with a data Arm, Lloyd's List Intelligence, providing real-time vessel tracking, port calls, and supply-chain risk analytics. It is editorially and institutionally separate from Lloyd's of London (the insurance market): both trace origins to the same 17th-century coffee house, but they separated in the 19th century and operate entirely independently.
Lloyd's List also tracks the Russian shadow fleet operating in the Baltic and Black Sea, providing vessel-movement data used to identify sanction-evading crude transfers. That cross-theatre presence, spanning both the Iran-US conflict and the Russia-Ukraine war, means its data shapes policy decisions across two simultaneous theatres. For any reader arriving from a non-shipping context, the load-bearing fact is that Lloyd's List is not a newspaper; it is an intelligence infrastructure used by insurers, governments, and sanctions enforcement agencies.