Global Shipping Firms Balance Operations and Risk Near Strait of Hormuz
CMA CGM, Maersk, and ZIM report continued operations, with increased monitoring in place.
Maersk and Hapag-Lloyd have reduced or paused services to Israel’s...
Hormuz Advisory Issued as Freight Rates Spike and Threat Levels Climb
Greece advised its shipowners to reassess transits through the Strait of Hormuz due to rising regional tensions.
Vessels choosing to transit are urged...
Iran’s Missile Retaliation Rocks US Bases in Gulf Region
Iran launched at least 10 missiles targeting U.S. military bases in Qatar and Iraq, including Al Udeid Air Base and Ain Al Asad...
Trump Calls on Oil Producers to Ramp Up Amid Iran Strait Fears
Trump urges the U.S. and global oil producers to ramp up output to stabilize volatile markets.
Tensions flare after U.S. strikes on Iranian...
US Calls on China to Deter Iran Strait Closure
The US calls on China to leverage its ties with Iran to keep vital oil routes open.
Threats to close the Strait of...
Oil settles down 7% after Iran attacks US military base in Qatar, not tankers
Sell off after Iran refrains from disrupting oil supplies through Strait of Hormuz
Oil gives up early 5% gain
Trump tells everyone to...
Germany and Latvia Launch Baltic Cable Defense Pact
Germany and Latvia launch joint efforts to protect undersea cables and infrastructure in the Baltic Sea.
The initiative responds to growing security concerns...
Florida International Terminal Wins Green Certification
Florida International Terminal (FIT), a port terminal controlled by SAAM Terminals, has achieved Level 1 certification under the Green Marine program.
This milestone...
Persian Gulf Gridlock Deepens as Navigation Disruptions Escalate
Tensions and GPS Interference Spark Major Congestion in Strait of Hormuz.
Freight Rates Spike as Persian Gulf Traffic Slows to 16-Hour Window.
Navigation...
Steering Failure Triggers Emergency in Suez Canal
Mechanical Malfunction Causes Vessel Deviation Near El-Qantara.
Suez Canal Incident Resolved Within One Hour After Steering Fault.
Controlled Dock Contact Prevents Damage During...
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APLICATIONS
Paradip Port to be Fully Mechanised by 2030
Paradip Port aims to become fully mechanized by 2030 by developing three new berths and mechanizing four existing ones. It will also establish...
