Trans-Pacific freight rates hit $9,500
Asia-US container rates surge to $9,500 per unit as Middle East conflict and typhoon disruptions tighten capacity
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AGUNSA Argentina expands its maritime agency operations at the Port of San Pedro, Buenos Aires
AGUNSA Argentina has launched new maritime agency operations at the Port of San Pedro, strengthening its presence in one of the region’s key port…
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European AWESOME project to accelerate wind propulsion adoption and support maritime decarbonisation
Funded by Horizon Europe and coordinated by Kongsberg Maritime, the AWESOME project brings together 15 European partners to validate wind propulsion technologies and accelerate…
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Panama returns to the Paris MoU White List through stronger maritime governance and a comprehensive compliance strategy
The recognition reflects sustained improvements in maritime safety, regulatory compliance, and the quality of the Panamanian Ship Registry, reinforcing its position as one of…
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Iran Unveils Bitcoin-Backed Maritime Insurance for Hormuz
Branded Hormuz Safe, the plan could generate over $10 billion in revenue, according to Fars, yet the report offers no timeline or operational details…
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Hapag-Lloyd announces COO departure in 2026 following mutual agreement
The COO of Hapag-Lloyd AG, Dr. Maximilian Rothkopf, will step down on June 30, 2026, under a mutual agreement, and will remain as an…
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Shipping Issues New Hormuz Transit Guidance Amid Risks
A global advisory underscores that, even when the Strait of Hormuz appears technically open, conditions within the chokepoint may complicate passage, prompting industry-wide caution…
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Strait of Hormuz in April: A Stop-Start Recovery Under Persistent Risk
Shipping traffic through the Strait of Hormuz showed signs of partial recovery in April, although vessel movements remained heavily constrained by geopolitical tensions, security…
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South African Court Orders SARS to Free Seized Vessel on Guarantee
A report by Bowmans partner Jeremy Prain notes a ruling directing the South African Revenue Service to release a detained ship upon provision of…
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Maersk Confirms Alliance Fairfax Escorted Through Hormuz
The company identified its U.S.-flagged ro-ro Alliance Fairfax as part of Monday’s U.S.-escorted transits through the Strait of Hormuz, offering rare specificity amid heightened…
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Nigeria Customs Appoints Ikewun as Acting NEMC Comptroller
The Nigeria Customs Service has named Ikewun to lead the NEMC in an acting capacity, signaling a sharpened stance on maritime smuggling; formal details…
