The global shipping industry is no longer navigating isolated crises. It is operating within a persistent, interconnected risk environment, where geopolitical tensions, energy flows, food security, and insurance capacity are increasingly interdependent…
“Shipping at the Edge of a New Risk Order” Read More »
Oil prices fell about 3% on Tuesday with at least one vessel passing through the Strait of Hormuz after the United States said the ceasefire with Iran remained in place despite exchanges of fire between the U.S. and Iran following a U.S. effort…
Oil Prices Fall 3% As Ship Passes Through Hormuz, US-Iran Ceasefire Holds Read More »
‘If you do not build the system, you will live inside someone else’s system,’ maritime administrator Stephen Carmel says
The United States is set to remove sanctions against Eritrea, according to an internal U.S. government document seen by Reuters, a decision analysts linked to the African state’s strategic location on the Red Sea shipping route.The U.S. move is aimed a…
Red Sea Tensions Reshape Alliances, US to Lift Eritrea Sanctions Read More »
The United Arab Emirates said it was under attack from Iranian missiles and drones on Tuesday, even as Washington said a shaky ceasefire was intact despite an exchange of fire the previous day as U.S. forces attempted to force open the Strait of Hormuz…
US Claims Iran Ceasefire, UAE Under Attack Read More »