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Keywords: International shipping
The U.S. Federal Maritime Commission (FMC) has proposed imposing fees of $200,000 on Spanish-flagged vessels calling at American ports, alongside potential restrictions on selected Spanish imports. The measures, which have not yet taken effect, could intensify trade tensions between Washington and Madrid......
The European Union is considering additional measures to reinforce its naval mission in the Red Sea as concerns grow over renewed Houthi attacks and their potential impact on international maritime traffic. Speaking to journalists on Monday, October 12, ahead of a meeting of EU foreign ministers in......
Morocco’s Nador West Med port is moving closer to its operational launch after Dutch shipping company WEC Lines announced plans to include the new facility in its regular container shipping network. The new service, known as ISS-PT, is scheduled to begin on September 10, 2026. It will connect......
A proposed framework to regulate commercial shipping through the Strait of Hormuz is facing significant challenges as international sanctions, insurance restrictions, and financial regulations complicate efforts to implement new maritime arrangements. Industry sources say discussions involving Iran......
US President Donald Trump said Washington could use Iranian assets currently frozen under US control to compensate commercial vessels that suffered damage in the Strait of Hormuz, describing the proposal as a fair response to the losses incurred. Speaking to reporters aboard Air Force One on Monday,......
The United Nations has raised urgent alarms regarding the worsening plight of thousands of civilian crew members stranded in the volatile Strait of Hormuz. With thousands of mariners still trapped aboard hundreds of commercial vessels in this critical maritime corridor, international bodies are pressing......
U.S. President Donald Trump has issued a strong warning to Iran and Yemen's Houthi movement, threatening significant military retaliation following attacks on oil tankers in the Red Sea involving missiles and drones. In a statement published on his Truth Social platform, Trump said Washington would......
Iran has submitted a draft proposal that would introduce environmental service fees for commercial vessels passing through the Strait of Hormuz, one of the world's most strategically important maritime routes for global energy supplies and international trade. According to Iranian officials, the......
U.S. President Donald Trump has claimed that all commercial shipping would be allowed to transit the Strait of Hormuz except vessels linked to Iran, as tensions in the Gulf continue to draw international attention. In a post on his social media platform, Truth Social, Trump stated that the strategic......