Tag: #shipping

Bank of Canada study: Canadian ports' global connectivity fell sharply from 2016 to 2023

Bank of Canada staff research finds a 28% drop in deadweight tonnage through Canadian ports and a marked fall in maritime network connectivity from 2016–2023.

#canada, #shipping, #trade, #bankofcanada, #ports

U.S. Navy Fires on and Seizes Iranian-Flagged Cargo Ship in North Arabian Sea

The U.S. disabled and boarded the Iranian-flagged M/V Touska on April 19 in the north Arabian Sea, a significant escalation in a U.S. blockade of Iranian ports.

#iran, #us-navy, #blockade, #maritime, #shipping

Trump and Iran Offer Conflicting Claims on Strait of Hormuz Reopening, Leaving Shippers Uncertain

Trump and Iran issued overlapping statements on the Strait of Hormuz reopening; a U.S. blockade targeting Iran may still apply, leaving shippers and markets uncertain.

#iran, #straitofhormuz, #oil, #shipping

Maersk Keeps Ships on Longer Detours Despite Two‑Week Ceasefire for Strait of Hormuz

Maersk will keep vessels on longer detours despite a US‑Iran two‑week ceasefire that could allow limited, conditional transit through the Strait of Hormuz.

#maersk, #shipping, #straithormuz, #oil

U.N. Ends Yemen Port Monitoring Mission in Hudaydah, Shifting Cease-Fire Oversight to Diplomats

U.N. observers leave Yemen’s key Red Sea port as UNMHA mandate expires, ending on-the-ground monitoring of the 2018 Hudaydah cease-fire.

#yemen, #unitednations, #redsea, #houthi, #shipping