Has Somali piracy crisis returned? 'Yes and no', says maritime veteran
The seemingly relentless widening of the Middle East conflict beyond the Red Sea appears to ...
Indonesia has growing concerns that it is being targeted by pirates along its sea border with the Philippines. It has warned shipping lines to avoid the area, which has recently seen several kidnappings. Some $40bn of cargo passes along the route annually, although it tends to be supertankers and bulk cargo. Recent attacks have been carried out by groups connected to Islamic militants Abu Sayyaf. Up to 18 seafarers are being held hostage. Ministers and armed forces chiefs of Indonesia, Malaysia and the Philippines are set to discuss joint patrols.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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