The Panama Canal Authority (ACP) will increase the number of vessels permitted to transit the waterway each day from 32 to 33 starting October 15, 2026, following improved rainfall in the canal
China has expanded its zero-tariff policy to all African countries with which it maintains diplomatic relations, effective May 1, in a move described by analysts as the first unilateral, full market-access offer
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The Panama Canal is experiencing a significant surge in revenue, driven by global shipping disruptions linked to the war involving Iran, according to reporting by the Financial Times. Canal authorities say revenues
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Global shipping giant AP Moller-Maersk says it is facing a financial hit of around $500 million per month due to disruption caused by the ongoing Middle East war, with its chief executive
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The world’s top maritime authority has issued a stark warning over the worsening crisis in the Strait of Hormuz, declaring that no safe passage currently exists for vessels navigating the vital waterway.
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The Secretary-General of the International Maritime Organization, Arsenio Dominguez, has issued a forceful warning over escalating tensions in the Strait of Hormuz, describing the situation as a direct challenge to global maritime
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As the World Trade Organization prepares to convene its 14th Ministerial Conference (MC14) in Yaoundé, Cameroon, from 26 to 29 March, newly released data from the United Nations Conference on Trade and
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Iran has indicated it may allow Japanese-linked ships to pass through the Strait of Hormuz, even as it continues to restrict access for much of the world, according to a report citing
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The global shipping industry is facing mounting danger as escalating tensions in the Gulf region leave thousands of seafarers stranded and at risk, prompting urgent calls for de-escalation from the International Maritime
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Two weeks into the war in the Persian Gulf, the conflict has evolved into a starkly asymmetric struggle. On one side stand the overwhelming conventional military forces of the United States and
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On March 1, 2026, Dalip Singh, a 25-year-old from a small village in Rajasthan, was working aboard the MV Skylight, a Palau-flagged tanker operating under Iran’s “shadow fleet.” Anchored five miles north
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The International Maritime Organization will convene an extraordinary meeting of its governing council later this month as concerns mount over the safety of commercial shipping and seafarers navigating one of the world’s
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Russia is reaping a major financial windfall from the recent surge in global oil prices, earning an estimated $150 million a day in additional revenue as geopolitical turmoil in the Middle East
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India faces a critical juncture as the US and Israel’s joint military action on Iran sends crude oil prices soaring and puts the country’s strategic trade and energy interests in jeopardy. The
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Even before any retaliatory action by the Houthis over the killing of Iran’s Supreme Leader Ali Khamenei, major shipping companies are already altering their routes in response to the growing conflict in
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Ports across the Gulf have been thrown into chaos as a series of missile and projectile attacks forced the suspension of operations in Dubai, Oman, and Bahrain, raising fears of a broader
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