Browsing Tag
Shipping
23 posts
Houthi Red Sea Strikes Stoke Fears of Regional Instability and Economic Strain
Houthi attacks on Red Sea shipping threaten global trade routes and deepen Middle East tensions as US-Iran conflicts persist.
NIMASA Updates Security Measures for Ports and Ships
NIMASA has implemented revised security protocols requiring vessels to submit arrival data 72 hours in advance and mandating closer coordination between ships and port facilities.
Russian Black Sea Missile Strike Kills Ten on Cargo Vessel
A Russian cruise missile strike on a cargo ship near Odesa has left 10 people dead, highlighting an intensifying campaign to disrupt Ukraine's critical maritime export routes.
US-Iran Tensions Cause Significant Decline in Strait of Hormuz Shipping Traffic
Heightened tensions between the US and Iran have led to a sharp decrease in vessel traffic through the Strait of Hormuz, threatening global energy supply chains.
UAE Reports Fatal Iranian Missile Strike on Two Vessels in Strait of Hormuz
A missile attack by Iran on two tankers in the Strait of Hormuz has killed one crew member and injured eight others, according to the UAE government.
Trump Announces 20 Percent Security Levy for Strait of Hormuz Cargo
President Trump has implemented a 20 percent security charge on cargo passing through the Strait of Hormuz, declaring the U.S. as the region's guardian.
Call for NIMASA 3 Percent Levy to Support Indigenous Shipping Infrastructure
Lucky Amiwero advocates for using NIMASA's 3 percent freight levy to provide revolving loans for local maritime operators to upgrade outdated equipment and improve port efficiency.
US Demands Public Iranian Commitment to Halt Strait of Hormuz Attacks
The United States is pressuring Iran to publicly guarantee safe passage for commercial ships in the Strait of Hormuz, linking the move to ongoing negotiations aimed at resolving recent military escalations.
Tehran promises preferential Strait of Hormuz pricing for allies
Iran's ambassador to China confirmed that while service fees will be implemented for traffic in the Strait of Hormuz, allied nations can expect preferential treatment.
Strait of Hormuz shipping activity declines following weekend strike
Maritime traffic in the Strait of Hormuz saw a sharp decline following a weekend attack on a vessel and renewed tensions between the U.S. and Iran.