Shipping
Islamic regime launches Persian Gulf Strait Authority, ships reportedly start paying tolls
Ships transiting the Strait of Hormuz now face tolls and strict Iranian oversight as Tehran launches the Persian Gulf Strait Authority, with JPMorgan forecasting 11‑figure annual revenue from tolls.
Shippers Hapag-Lloyd, CMA CGM suspend Cuba bookings after US executive order
CS Anthem chemical tanker was second US-flagged vessel to exit Strait of Hormuz
European freight firms benefit from war-driven supply chain disruption
Israeli shipping giant ZIM to be sold for $4.2 billion to German, Israeli capitals - Calcalist
The move, which was approved by the ZIM board of directors, came after both the ZIM’s workers’ committee and senior Israeli politicians expressed opposition to the acquisition.
Maersk navigates Red Sea route again as Gaza ceasefire holds
Danish shipping firm Maersk said on Monday that another of its vessels successfully navigated the Red Sea and Bab el-Mandeb Strait, weeks after it tested the route
In the eye of Storm Byron: Israeli, Cypriot, Greek authorities continue search for missing yacht
There were five people aboard the vessel, and their current condition remains unknown.
German bid for Zim with Saudi, Qatari backing raises Israel security concerns
Zim has said it will release no further information until a decision is made.
Tehran defends ship seizure as a legal action, but tensions continue in the Gulf - analysis
The ship, a Marshall Islands-flagged tanker named Talara, is not the first ship the IRGC has hijacked, but it had stepped back from such threats recently.
LNG tanker evades pirates off Somalia as attacks escalate, maritime sources say
Amid a recent spate of armed attacks on vessels in the region, a liquefied natural gas tanker outran pirates seeking to board the vessel.
Turkey severs economic ties to Israel, closes airspace to gov't flights, arms shipments
Detours caused by the closed airspace could increase the travel time of flights from Israel to countries like Georgia and Azerbaijan by almost two hours.
IMEC and Israel: Strategic promise amid regional instability - opinion
Positioned at the nexus of this emerging framework, Israel finds itself at the center of a new geostrategic vision designed to redefine trade routes linking Asia and Europe.
Helicopter crashes into barge, kills two people, shuts Mississippi River, Coast Guard says
No one was on board the barge, which caught fire after the crash, near Alton, Illinois.
US hits Iranian shipping network with major new sanctions
The US Treasury Department announced fresh sanctions for over 100 Iran-linked entities in move to place "maximum pressure" on the regime.