Global chokepoints and domestic corridors — what is moving, and where we can name it, what it costs.
Saudia Cargo and Riyadh Cargo have signed an interline agreement with the goal of offering freight forwarders and logistics partners broader network access, enhanced routing options, and improved cargo connectivity and flexibility across key international trade corridors. The agreement, which follows Saudia Cargo’s launch of a scheduled route between Riyadh in Saudi Arabia and Melbourne…
Yemen's Houthi Movement aims to replicate Iran's Hormuz Strait strategy in the Red Sea by disrupting shipping in the Bab el-Mandeb and has been emboldened by an insufficient international response, Yemen's top diplomat said on Monday.
The company said it does not expect the Fairlife disruption to have a material impact on financial performance or operations.
Oman has presented Iran with a plan backed by Gulf states to manage the Strait of Hormuz, including collecting voluntary fees for using it, a Gulf source and a Western diplomat told Reuters on Tuesday.
The closure of a shipping lane no longer begins with a missile. It begins with an underwriter. Across the Strait of Hormuz, the Red Sea and the Black Sea, the same sequence now repeats: reinsurers and protection-and-indemnity clubs withdraw cover, and within roughly 72 hours a corridor is commercially shut long before military assessment or […]
The Houthis’ blockade on Saudi Arabia has not discouraged shipping lines from sending their vessels through the Bab-el-Mandeb Strait, delivering containers to Jeddah and other Red Sea ports. Linerlytica noted that several carriers, including Maersk, CMA CGM and Wan Hai, were sticking to their renewed Suez transits. The consultant has tracked 54 containership transits through the Bab-el-Mandeb strait in the past seven days, with no change to vessel schedules. It added: “The pause ...
Massive wildfires in south-west France are impacting rail and road freight traffic. All rail traffic going between Bordeaux and Bayonne and Spain, via the Atlantic coast, has been suspended. DB Cargo France president and CEO Alexandre Gallo told The Loadstar this meant five trains a day being cancelled since the wildfires broke out last week. Mr Gallo said the company had been informed that traffic on the rail line will not resume before ...
Kyiv’s reported weekend attack on an Iranian vessel accused of carrying military cargo to Russia has removed another basin shipowners assumed was untouchable — and hardwired the Ukraine and Middle East theatres together in a way war risk underwriters are not structured to price. Until the weekend, the Caspian was the quiet leg. Landlocked, closed …
Shipping needs to stop treating risk as a collection of separate problems and start examining how geopolitical, operational, financial and human factors interact, according to Arthur English, chief executive officer of G2 Ocean. English, who joins the dry bulk panel at September’s Splash Singapore conference, says industry discussions often isolate the Panama Canal, the Strait …
Clarksons' figures show Iran’s grip squeezing Middle East chokepoints as nations seek Hormuz workarounds.
Sea-Intelligence Maritime Analysis said the typical delay for a late-arriving container ship ticked up in the second quarter due to service changes brought on by the closure of the strait.
Yemen's Houthi rebel faction claims to have ramped up its attacks on Saudi energy exports through the use of drone strikes on inland infrastructure. "...
The Seaport Administration of Ukraine reported an attack overnight on the blocked port of Mykolaiv as Russian strikes on infrastructure and ships cont...
The deal would provide Canadian National with access to shipper sites that would face reduced Class I railroad offerings, pending STB approval.
Details of Ukraine’s attack on shipping in the Caspian Sea over the weekend are still not clear. However, the Iranian reaction suggests that the attac...
Attacks on ships and port infrastructure in the Black Sea continue as general cargo ship succumbs to damage sustained a week ago.
Logistics powerhouse DSV has launched its third direct air charter service to Chicago-Rockford airport, taking advantage of its proximity to the big city while avoiding delays at crowded O’Hare airport.
Even as the US again enforces its blockade of Iran ports a fleet of the country’s tankers wait off Malaysia to transfer 45 million barrels of crude exports
A small cargo ship that was badly damaged in a Russian strike off Odesa has gone down, according to Ukrainian authorities. The small vessel had absorb...
Attacks on Saudi tankers and refineries by Yemen based Houthi could see owners avoiding Bab el-Mandeb Strait
On Saturday, a Turkish-operated freighter was hit by Russian drones on the northern branch of the Danube, leaving two crewmembers missing. It is the l...
On Saturday, U.S. forces intercepted the falsely-flagged product tanker Charminar for a flag verification boarding, part of the new U.S. effort to sup...
On Sunday, Iranian state media claimed that a "violating" oil tanker hit a mine in the Strait of Hormuz while navigating outside of the Iranian transi...
On Friday, U.S. forces opened fire on a merchant vessel that was attempting to maneuver past the American blockade on Iranian seaports, according to U...
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