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Supply Chains in Crisis: Page 10

Saudi Ships Shun Red Sea Chokepoint for Rare Africa Journey
The threat by Iran-backed Houthi militants to attack vessels in the Red Sea has forced shipowners to reconsider sailing through the narrow Bab el-Mandeb strait.
Six Saudi supertankers at the entrance to the Red Sea were seen sailing south after switching to new destinations on July 30. Image: Bloomberg
BMW to Cut 8,000 Jobs in Germany
According to The Wall Street Journal, BMW has started a "voluntary redundancy program" agreed to with employee representatives.
Photo: iStock, Kenneth Cheung
Russia Says Ukraine Struck Key Black Sea Grain Export Port
Wheat prices rose again on July 30 as Russia and Ukraine continued to target each other’s key grain export hubs.
Novorossiysk, Russia. Photo: iStock/saiko3p
Congress Weighs Expansion to Trump's Tariff Powers
The bill would allow Trump to put forth 500% tariffs against Russian imports, as well as 100% levies against the largest importers of Russian oil and gas.
Photo: iStock / Douglas Rissing
Scientists Warn of 'Bioinvasion' Risk From Hormuz Ship Backlog
More than 1,500 ships trapped in the Strait of Hormuz for months have been accumulating microbial organisms at levels unprecedented in modern maritime history.
An aerial 3D illustration render of cargo ships stuck in the Strait of Hormuz. Image: iStock/quantic69
Ukraine Strikes Iranian Ship in Caspian Sea
Shippers must add the Black Sea and the Caspian Sea to areas that are unsafe.
Image: iStock/200mm
Heat Pushes Rhine Toward 36-Year Low in Risk to Energy Supplies
The falling levels on the Rhine are already disrupting freight.
The Rhine River on July 15. Photographer: Andreas Rentz/Getty Images
India Refiner Seeks Oil That Avoids Red Sea, Hormuz Chokepoints
State-run refiners are increasingly replacing Middle Eastern barrels with supplies from Russia and the Atlantic Basin.
Photo: Dhiraj Singh/Bloomberg
U.S., Iran Extend Pause in Strikes as Oman Holds Hormuz Talks
The lull came as a weekend meeting between Iranian and Omani officials indicated a fresh attempt to resolve the crucial issue of shipping around Hormuz.
Photo: Elke Scholiers/Getty Images via Bloomberg
Russia: Black Sea Waters Not Safe for Ships
At least 124 Russia-linked vessels were targeted in the Black Sea and the Sea of Azov, from July 8-20, according to statements from Ukraine’s General Staff.
Novorossiysk, Russia. Photo: iStock/saiko3p
Houthis Attack Saudi Tanker in Red Sea
Saudi state media said the tanker Encelia was hit in the Red Sea, resulting in a fire on board.
A Navy ship patrols the Red Sea. Photo: iStock/gorsh13
Carney Accuses U.S. of Breaking USMCA with New Canada Tariffs
The new levies target more than 500 Canadian goods, including wine, hockey sticks, cement and more, nearly all of which are covered under the USCMA.
Photo: iStock / Oleksii Liskonih
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