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Keywords: Shipping
Iran has threatened to initiate legal proceedings against South Korean shipping company Sinokor, accusing vessels linked to the operator of repeatedly violating navigation rules in the strategically important Strait of Hormuz. The warning signals a further tightening of Tehran's efforts to regulate......
Maritime transport remains a cornerstone of the global economy, carrying the vast majority of international merchandise trade by volume. Ports, commercial fleets and major shipping routes form an interconnected network that supports manufacturing, energy supplies and consumer markets worldwide. Yet control......
The United States is reportedly considering a plan to return certain oil tankers affected by sanctions to international commercial operations, including vessels linked to Russia. According to the Financial Times, the proposal under discussion by the administration of President Donald Trump could allow......
The United Nations Food and Agriculture Organization (FAO) has warned that disruptions to shipping through the Strait of Hormuz, combined with the effects of the El Niño climate phenomenon, could intensify risks facing global agriculture and food security. The two pressures may reinforce each......
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 International Monetary Fund (IMF) has warned that the continuation of the war in the Middle East poses a major threat to economic stability across the region and Central Asia, with disruptions to energy production, shipping routes and critical infrastructure weighing on growth prospects. The scale......
The European Union is facing a shortage of suitable naval vessels to escort commercial ships in the Red Sea, limiting the operational capacity of its maritime security mission, Operation Aspides. EU foreign policy chief Kaja Kallas acknowledged the shortfall, stressing that additional warships are needed......
At least 10 vessels have reportedly come under attack in or near the Strait of Hormuz since Sunday, marking the highest concentration of incidents since the outbreak of the war involving the United States, Israel and Iran. The attacks have raised fresh concerns about the safety of commercial shipping......
A new wave of attacks on commercial vessels in the Black Sea has left 11 people missing and intensified security concerns along Bulgaria’s coastline, prompting Sofia to summon Russia’s ambassador and NATO to consider adjustments to its defensive posture. Two ships were struck overnight from......