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...Jon Gahagan, president of maritime risk specialist Sedna Global, said that for a supposed cargo vessel, the behaviour of the Behshad, registered and flagged in Iran, was “extremely unusual”....
...Over the past two decades, China has gone from producing roughly 12 per cent of global commercial ships by tonnage to more than 50 per cent in 2023, according to Clarksons Research, a maritime consultancy...
...While no one has yet claimed responsibility for the incident, Tanker Trackers, a private maritime intelligence service, suggested it was likely to be Iran....
...The Panamanian Maritime Authority did not respond to inquiries....
...The Zhu Hai Yun’s voyage was one of nine such intrusions since September, a sharp uptick from just two in each of the previous three years, according to tracking data of nearly 80 ships from Spire Global...
...But Jon Gahagan, president of US-based maritime risk consultancy Sedna Global, said shipowners would need different means of protection against many of the current threats....
...The global insurance sector is expecting billions of dollars of claims after the Dali container ship struck the Francis Scott Key Bridge on Tuesday, including for repairing damage to the bridge and paying...
...Jacqueline Smith Maritime Coordinator The International Transport Workers’ FederationLondon SE1, UK...
...The attack follows a warning in an interview last month by the head of the International Maritime Organization, the UN body for maritime affairs, over the threat of a resurgence in piracy....
...A final criticism of Aukus, sometimes made in China or the global south, is that it is a backward-looking attempt to preserve the power of the “Anglosphere”....
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Carmakers and insurers braced for fallout after bridge collapse shuts critical US trade hub
...The US president added that the two countries had transformed their relationship into a “truly global partnership” over the past three years, and that the alliance now served as a “beacon to their entire...
...global defence, particularly in Asia....
...The levies under consideration by the group include an air passenger levy, wealth tax, maritime fuel levy and global tax on fossil fuel producers....
...The result, the first time the index has fallen below 50 since January 2023 and its lowest level in 14 months, follows the decisions of most container ships to avoid passing the Bab el-Mandeb Strait, a maritime...
...Shipowners have called for more military protection on maritime routes in the Middle East after attacks by Iran-backed rebels in the Red Sea sparked fears of new disruptions to global trade, including of...
...The executive order would “bolster the security of the nation’s ports” and “strengthen maritime cyber security, fortify our supply chains and strengthen the United States industrial base”, the White House...
...Insurer databases showed Dali had liability insurance through Britannia, one of a global group of protection and indemnity insurers that shares losses and are ultimately reinsured at Lloyd’s of London....
...Arsenio Dominguez, secretary-general of the International Maritime Organization, the United Nations’ maritime arm, called the “horrific reports” of the casualties “deeply saddening”....
...The petitioners accuse China of distorting global markets in the maritime, logistics and shipbuilding sectors through “unreasonable and discriminatory acts, policies, and practices”....
...The project is so huge it has the potential to upend maritime traffic all along the Pacific coast of South America, displacing it from Chile, Ecuador and Colombia....
...Yet, despite everything, the global supply chain is remarkably resilient....
...The Pentagon said the two officials discussed a range of regional and global security issues and that Austin had stressed the importance of the freedom of navigation that is guaranteed under international...
...The export value fell 3 per cent to £356mn because strong global demand raised prices....
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