#middle-east
(5 articles)Hormuz Strait Disruption Causes Congestion at Indian Ports
Disruptions in the Strait of Hormuz, a critical maritime chokepoint controlling approximately 20-25% of global seaborne oil trade, are creating cascading congestion effects at key Indian ports. Vessel
Hormuz Strait Remains Unsafe Despite Trump's Fee Reversal
The Trump administration's decision to reverse or forego proposed Hormuz Strait transit fees does not address the fundamental security challenges that continue to threaten global shipping through one
CMA CGM Expands Syria Operations with Damascus Air Cargo Deal
CMA CGM, the world's third-largest container shipping company, is broadening its Middle East presence by establishing air cargo operations at Damascus International Airport, building on its existing c
Carriers Miss March GRI Targets as Middle East Disruption Moderates
Ocean shipping carriers failed to achieve their targeted General Rate Increases (GRI) for March, a significant development in an industry heavily dependent on pricing power to maintain margins. The sh
HMM Boxship Damaged in Hormuz Attack Set for Exit
HMM Namu, a South Korean container vessel operated by Hyundai Merchant Marine, sustained damage from a projectile attack in the Strait of Hormuz and is expected to resume operations within the month f