With the ceasefire talks stalled, the Trump administration continues to seek to use economic pressure to bring Iran to the negotiating table. The Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced new sanctions, as it appears CENTCOM is also expanding the blockade on ships associated with Iran.
With the Strait of Hormuz remaining closed, logistics operators are working out how to get consignments to and from Gulf destinations previously served by ports that are now in effect blocked to external traffic. Without extensive state direction, entrepreneurs are opening up new routes and increasing capacity on existing routes.
Elder Leader demonstration verifies interoperability of port and vessel autonomous navigation systems.
Hydrogen’s predicted role in global transition narrowed with ammonia and methanol driving maritime demand.
COSCO Shipping cuts out transhipment ports with new direct Libya connection in its North Africa Express service.
Logistics company to ship 3,300 teu of Asia-Europe cargo using Hapag-Lloyd's Ship Green service.
The Crown Estate has launched a third round of its Supply Chain Accelerator, making an additional £15m ($20.3m) in early‑stage development funding available to support UK offshore wind supply chain businesses and projects.
The maritime industry’s push towards smarter and more connected vessels is generating more data than ever, but much of it is failing to translate into practical operational intelligence, according to maritime technology company SmartSea.
Auction prices for priority Panama Canal transits have climbed to an unprecedented $4m per vessel as geopolitical turmoil in the Middle East reshapes global shipping patterns and sends operators scrambling for alternative routes.
France’s CMA CGM has agreed to invest Ksh106bn ($820m) to modernise and expand two terminals at the Port of Mombasa under a cooperation framework with the Kenyan government.
