Speaking on CNBC’s Squawk Box program this morning (April 29), the Port of Los Angeles’ Executive Director Gene Seroka forecasted a “precipitous drop” in volumes coming to the port as the impact of the Trump tariffs begins to materialize. Seroka was the latest in a...
Multiple reports are coming from Yemen that the Houthis have been denying permission for vessels to depart the Ras Isa port complex in the two weeks since U.S. forces attacked the oil terminal facilities. The UK Maritime Trade Operations which monitor the region said...
The first monthly data has appeared since the major container carrier alliances began to shift, and it is showing a positive impact on schedule reliability. The analysts at Sea-Intelligence highlight that the sector remains in transition with the move to the new...
Iran’s clerical leaders are attempting to suppress discussion in Iran on the causes of the explosion in Bandar Abbas port on April 26. The official narrative pushes the idea that the explosion was caused by a safety breach in handling hazardous material. Officials are...
A sanctioned Iranian cargo vessel, which in the past is likely to have been involved with shipping arms to Syria, has just completed a northerly passage up the Red Sea. The Iranian-owned cargo vessel Elyana (IMO: 9165827) was located on May 3, underway...
PUTRAJAYA, April 24 — Malaysia and Indonesia intend to explore the potential for developing large-scale plantations in Central Kalimantan and South Papua. The Ministry of Agriculture and Food Security (KPKM) said the matter was discussed during a recent meeting...
