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Top Stories: Page 38

Report: Race for Critical Minerals Risks Global Disruptions
Governments acting independently to build strategic reserves of critical minerals risk driving up prices, worsening shortages and increasing geopolitical tensions.
Roros, Norway. Photo: iStock.com/Dmitry_Chulov
China Imposes Export Controls Against 40 Japanese Firms
A spokesperson for the Japanese government labeled China's new export controls as "unacceptable and extremely regrettable."
Photo: iStock / Fahroni
EU Joins 'Pax Silica' AI Supply Chain Initiative
The commission signed onto the declaration on June 25, weeks after it adopted sweeping legislation to strengthen Europe's supply of semiconductors and AI technology.
Photo: iStock/kynny
Ship Traffic Through Strait of Hormuz Dwindles Again
Iran continues to assert that the only route is its corridor and that all vessels require its permission, regardless of any agreements.
Photo: iStock / Bjoern Wylezich
FAA Issues Directives for Boeing Jets on Canada 5G Interference
The latest FAA action comes just a few years after the airline industry and wireless carriers clashed over the expansion of new 5G services.
Photo: Bloomberg
Trump’s U-Turn on Iran Sanctions Would Unravel Decades of Curbs
The 14-point memorandum of understanding signed by the U.S. and Iran on June 17 includes the removal of all U.S. sanctions on Iran on “an agreed upon schedule.”
Image: iStock/Tomas Ragina
U.S. Goods Trade Deficit Widens to Biggest in More Than a Year
Data showed large declines in exports of both the volatile consumer goods category and capital goods, which in April had advanced to a record high.
Containers at the Bayport Container Terminal at the Port of Houston in Seabrook, Texas. Photographer: Mark Felix/Bloomberg
Traffic Flows Through Hormuz Despite Shock Ship Attack
The U.S. is leaning on Oman, which also borders the strait, not to create a joint tolling system with Iran.
Several tankers and bulk carriers were seen transiting the Strait of Hormuz on June 26. Photo: Bloomberg
Little Relief from Soaring Spot Rates, Xeneta Says
Shippers should not expect more ocean carrier capacity to translate into falling freight rates.
Photo: iStock.com/Dilok Klaisataporn
Hormuz Highlights How Maritime Risk Assessment Needs to Change
Risk and compliance teams are no longer only asking whether a vessel transited Hormuz; they are asking whether that transit can be documented, explained and defended
Image: iStock/Alones Creative
Ship Struck in Hormuz as Oil Supertankers Turn Back Again
Two key exit routes through Hormuz have emerged over the past several weeks because the normal one through the middle is thought to have been mined.
Photo: Bloomberg
Iran Blocks IMO Plan to Evacuate Trapped Ships, Seafarers
The proposal, backed by Oman, was potentially the first phase of a wider Omani proposal to consult on setting up a new management system for the strait.
Photo: iStock / Dimitrios Karamitros
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