Strait of Hormuz Reopening Remains Uncertain as United States Claims Control and Iran Says Waterway Is Still Closed
Whether commercial shipping can resume through the Strait of Hormuz remains a key concern for the global shipping market. On Augus
MSC Container Ship Loses Speed Control in Charleston Harbor, MSC Shipmanagement Fined USD 6 Million
In June 2024, an MSC container ship lost speed control while departing the Port of Charleston in the United States and proceeded t
Maersk and Hapag-Lloyd Resume Red Sea Transits:AE19 Rerouted via the Suez Canal, Potentially Shortening Asia-Europe Transit Times
After more than a year of diversions around the Cape of Good Hope, routing on Asia–Europe services is beginning to change. On Augu
Magnitude-7.5 Earthquake in Colombia Disrupts Port Operations, Affecting Two Maersk Vessels and Sailing Schedules
The impact of a magnitude-7.5 earthquake in Colombia is spreading from the affected areas to international logistics networks. The
Strait of Hormuz Attack Follow-Up: Thai Shipowner Receives USD 10.98 Million Insurance Payout, Three Crew Members File Lawsuit
In March, the Thai bulk carrier Mayuree Naree was struck by two projectiles shortly after leaving the Arabian Gulf and passing thr
Another Container Ship Targeted in U.S. Military Operation: Vela Nova Disabled as Risks Rise in the Gulf of Oman
Another incident has affected commercial shipping in the Gulf of Oman. On August 11, local time, the U.S. Central Command (CENTCOM
