Maersk said Tuesday it is continuing to avoid transits through the Strait of Hormuz amid uncertainty surrounding the fragile ceasefire between the United States and Iran, underscoring the shipping industry’s ongoing...
Category: Uncategorized
Strait of Hormuz Remains Near-Empty With Just A Few Iran Ships Moving
The Strait of Hormuz remains largely empty of merchant ships, with only a few Tehran-linked vessels moving through the waterway, following a tense week that saw Iranian gunboat attacks and tanker interceptions...
Port of Dover achieves net-zero operations
The Port of Dover has become the first UK port to achieve net-zero carbon emissions for Scope 1 and 2, reaching its target 25 years ahead of the UK government’s...
DP World and APM Terminals Forge Strategic Partnership at Jeddah Islamic Port
DP World and APM Terminals, an independent subsidiary of A.P. Moller–Maersk, have announced a landmark strategic partnership at the Southern Container Terminal (SCT) within Jeddah Islamic Port. Under the new agreement, APM...
Middle East Conflict Dampens Fears of Container Sector Overcapacity
The conflict in the Middle East could significantly alter expectations of looming overcapacity in the container shipping sector. The prolonged Red Sea disruptions are absorbing vessel capacity and keep freight...