HAMBURG: Due to the conflict in the Middle East and the official closure of the Strait of Hormuz (SOH) by relevant authorities amid the evolving security situation in the region, Hapag-Lloyd is suspending all
COPENHAGEN: In a renewed shift to safeguard operational reliability, Danish shipping major Maersk has decided to temporarily reroute several of its vessel services away from the Suez Canal corridor, opting instead for the longer
MUMBAI: Amid escalating tensions in West Asia in the wake of US-Israel strikes against Iran, a leading Indian-American maritime executive has voiced concern over the impact on the crucial oil artery of the Strait
WASHINGTON D.C. : “The recent escalation of conflict in the Middle East is causing disruption to global liner shipping, with many ocean carriers pausing or rerouting services as they assess the evolving security situation,”
LONDON: Secretary-General of the International Maritime Organization Mr. Arsenio Dominguez has issued a statement on the situation in the Strait of Hormuz: “I am deeply concerned by reports of at least one fatality and several seafarers
NEW DELHI: Indian Rice Exporters Federation (IREF) has issued an advisory to its members inview of the deteriorating situation in the Islamic Republic of Iran and parts of the Gulf, andreports that movements through
LONDON : Increased tensions in the Middle East may lead to an escalation in military activity that could impact shipping in critical waterways, Britain’s maritime agency said. Much of the world’s oil and key
NEW YORK : Middle East tensions and a threat of war escalating is definitely on the cards, after recent events. But, unlike recent examples, it seems that this time around oil prices aren’t going