Tag: shipping
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One Singapore ship was sunk, but here’s why others are still transiting the Strait of Hormuz
Singapore vessels are set to continue navigating the perilous Strait of Hormuz despite attacks on two container ships, said maritime experts.
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India urges Russia, Ukraine to protect Black Sea shipping amid attacks on merchant vessels
New Delhi wants Moscow and Kyiv to ensure safe commercial shipping in the Black Sea amid attacks that put Indian seafarers at risk.
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Houthis’ Yemen advance leaves Gulf states with uncomfortable choice
“The Houthi capture of strategic islands near Bab el-Mandeb is a game changer,” says an analyst, adding that it gives the rebels “far greater geopolitical and geoeconomic leverage over Saudi Arabia, the Gulf, the United States and global trade”.
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Yemen’s Houthis take over strait vital to global shipping
The Houthis’ seizure of Yemen’s entire Red Sea coast and three strategic islands will likely deepen the Middle East war’s impact on international commerce.
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Trump warns Tehran over Pickaxe Mountain activity; U.S.-Iran exchange attacks on ships near Hormuz
U.S. President Donald Trump has urged Iran “not to get cute” over activity at a suspected nuclear site on Pickaxe Mountain.
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Global shipping authorities warn of maritime trade breakdown amid geopolitical turmoil
Eighteen maritime bodies warned Tuesday that geopolitical tensions and a growing shadow fleet threaten to undermine international shipping and weaken trade.
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Panama Canal begins reducing crossings due to El Nino
The Panama Canal on Friday (Sep 4) began reducing the number of ships passing through due to a drought caused by the El Nino weather phenomenon.
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Myanmar’s Dawei port megaproject could offer a regional shipping shortcut, but viability doubts linger
Myanmar’s Dawei special economic zone could offer Thailand a shorter route to the Indian Ocean by bypassing the Strait of Malacca, but conflict, financing constraints and Russia’s role raise questions over whether the long-stalled project can be revived.
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South Korea sends first container ship through Arctic route
Sailing from Busan New Port, the “PanStar Acro” container ship is to sail to Europe via the Arctic, testing whether a route opened by melting sea ice can be commercially viable.
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Somali pirate menace returns as U.S.-Iran war stokes regional chaos and saps enforcement resources
Somali piracy incidents have resurged in the Red Sea region in recent times, especially since the U.S.-Iran war kicked off-major concern for shipping companies.
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