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Global Gateways: Page 31

U.K. Navy Issues Rare Warning to Ships Near Vital Hormuz Strait
The UKMTO also issued a warning in May about electronic interference around Hormuz, a waterway that handles around 26% of the world’s oil trade.
Two oil tankers are seen at a distance in the waters of Strait of Hormuz in Hormuz Island, Iran. Photo: Kaveh Kazemi / Getty Images via Bloomberg.
Container Ship Explodes, Catches Fire Off Coast of India
This is the second incident involving a container ship off the coast of Kerala in recent weeks, after a vessel capsized and spilled oil into the Indian Ocean on May 25.
The MV Wan Hai 503, which caught fire off the southern coast of India on June 9. Photo: Indian Coast Guard
Gebrüder Weiss Expands Freight Business into Thailand
The logistics company opened for business in Thailand on June 1, with a team of 20 employees based out of Bangkok.
Photo: iStock / ake1150sb
Australia Says U.S. Not Making Demands Over Chinese-Owned Port
China is Australia’s biggest trading partner by far and previously expressed anger over pressure from the Trump administration concerning the Panama Canal.
Richard Marles at the IISS Shangri-La Dialogue on May 31. Photo: Ore Huiying / Bloomberg
Houthis Declare Maritime Blockade on Israel’s Haifa Port
Earlier this year, the Houthis agreed to halt attacks on U.S.-flagged vessels, but vessels flagged under U.S. allies or shipping to Israeli ports have remained vulnerable.
Haifa, Israel. Photo: iStock.com/Kateryna Mashkevych
Port of LA: 'Uncertainty Remains' Following Pause on China Tariffs
Over the next four weeks leading into the summer, Seroka said that the Port of Los Angeles expects volumes to come in around 70-80% of what's considered normal.
Los Angeles, California. Photo: iStock / KKStock
The True Cost of Tariffs Becomes Clear at U.S. Ports
When volumes slow at ports, the ripple effects are felt everywhere, from longshoremen getting fewer hours working on docks, to truck drivers who suddenly don't have any cargo to move.
Photo: iStock / Stanislav Gvozd
Trump Halts U.S. Airstrikes on Houthis After Ceasefire Deal
The Houthis had initially agreed to cease its strikes against any ships without direct ties to Israel in late January, before resuming attacks in mid-March.
Photo: iStock / IgorSPb
Port Canaveral Plans $500M in Upgrades to Cruise Capacity, Cargo Berths
Port Canaveral operates as a major hub for Florida's cruise ship industry, as well as for SpaceX and Blue Origin, which rely on the port to offload and transport recovered launch vehicle components.
Photo: Cape Canaveral Port Authority
Impending Crisis Looms Over U.S. Ports
Port of Los Angeles executive director Gene Seroka said "essentially shipments out of China for major retailers and manufacturers have ceased."
Photo: iStock / jonathanfilskov-photography
Trump Demands Free U.S. Transit Through Suez, Panama Canals
The Panamanian president, Jose Raul Mulino, said that toll fees were regulated by the Panama Canal Authority (ACP), an autonomous governing body that oversees the trade route.
Suez Canal. Photo: iStock.com/Peter Schaefer
Trump Targets Chinese Cranes, Risking Added Burden for U.S. Ports
While fees may not immediately impact operators because cranes can last about 20 years, there's little choice for places to buy ship-to-shore cranes elsewhere.
Los Angeles, California. Photo: iStock / KKStock
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