Keywords: Maritime trade
The Strait of Hormuz is showing early signs of recovery after weeks of disruption, with the United Nations reporting that dozens of vessels have successfully transited the strategic waterway as part of an international effort to ease maritime congestion and restore commercial traffic. According to......
The Strait of Hormuz, one of the world’s most strategic maritime chokepoints, has recorded a significant rebound in shipping traffic, reaching its highest level since the outbreak of regional tensions in the Middle East earlier this year. According to data from the maritime analytics firm Kpler,......
Thailand has renewed its efforts to develop a major infrastructure project known as the “Land Bridge,” a strategic logistics corridor designed to connect the Indian Ocean with the Pacific Ocean through the southern part of the country. The initiative is being promoted as a potential alternative......
Two South Korean-operated vessels have successfully passed through the Strait of Hormuz, marking the first such transit since the strategic waterway was disrupted earlier this year. The development follows a diplomatic understanding between the United States and Iran aimed at restoring maritime traffic......
The Houthi movement in Yemen announced a full ban on Israeli maritime navigation in the Red Sea, escalating tensions across one of the world’s most strategic shipping corridors. The declaration came alongside immediate missile attacks on commercial vessels operating in the Gulf of Aden, marking......
The Houthi movement in Yemen announced a sweeping prohibition on Israeli maritime navigation in the Red Sea, escalating tensions in an already volatile regional environment. The group stated that any vessel linked to Israel operating in the area would be treated as a military target. The declaration......
Evangelos Marinakis told shipping executives that paying Iran a transit fee of 100,000 to 200,000 dollars per vessel would be preferable to a prolonged closure of the Strait of Hormuz. He delivered the remarks at an industry forum in Athens held during a major maritime gathering. He argued that a predictable......
Morocco is advancing a national strategy to modernize its logistics system and strengthen its role as a trade gateway between Europe, Africa and Atlantic markets. The plan focuses on digital transformation, port expansion and the creation of new maritime routes to improve the speed and efficiency of......
Germany has called for the reopening of the Strait of Hormuz, a key global energy route, amid escalating geopolitical tensions involving Iran, the United States, and regional allies. German Foreign Minister Johann Wadephul stated during a phone conversation with his Iranian counterpart Abbas Araghchi......
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