Iran threatens to close Strait of Hormuz as shipping risks being sucked into regional war
Conflict shows no sign of abating as both sides trade deadly blows
June 2025
Bill to Modernize USCG Merchant Mariner Credentialing Exam Clears Committee
The House Transportation and Infrastructure Committee advanced the bipartisan Mariner Exam Modernization Act, introduced by Coast Guard and Maritime Transportation Subcommittee Ranking Member Salud Carbajal (D-CA-24) and Chair Mike Ezell (R…
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Tankers: Saudi Arabia Crude Oil Exports Keep Declining
The downward trend of Saudi Arabia’s crude oil exports has persisted so far in 2025, following the same pattern as during 2024. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Dec 2024, global crude oil loadings went up by a mo…
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Robust trade diversity bucks headlines
Elimination of risk in modern day supply chains is an unrealistic goal; the best supply chain professionals can hope for is to effectively navigate it to ensure resilience, according to a report from the OECD. Recent years have seen a surge in external…
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Governments and industry reaffirm commitment to trade and global stability at high-profile Athens Summit
Shaping the Future of Shipping Summit Mr. Emanuele Grimaldi, Chairman of the International Chamber of Shipping Your Excellencies Ministers, Distinguished guests, Dear colleagues, It is a great pleasure to welcome you all to the Shaping the Future of Sh…