Hapag-Lloyd has outlined contingency measures to manage cargo shipments to and from the Gulf region as geopolitical tensions continue to disrupt key maritime routes. The shipping line said the plans are designed to ensure cargo movement remains as stable as possible despite the evolving situation in West Asia. According to the company, the contingency framework […]

Rising tensions in the Middle East are expected to drive up steel prices globally as surging oil costs and higher freight rates put additional pressure on production and supply chains, according to industry sources. Analysts note that the Gulf region is a critical hub for crude oil exports, and any disruption in shipping through key […]

India’s maritime regulator, Directorate General of Shipping (DG Shipping), has issued an advisory urging Indian seafarers operating in the Persian Gulf, Strait of Hormuz, Gulf of Oman and nearby waters to maintain continuous vigilance and heightened situational awareness in view of recent unprecedented incidents in the region. The advisory follows reports of a serious onboard […]