Shipping
Shippers and oil traders seek details on Trump’s convoy plan
Multiple attacks on vessels in recent days have choked off traffic through the narrow waterway
US-to-Asia oil shipment costs hit a record, some deals falter
The global energy industry has been rocked by the widening Middle East fighting
Airlines, shippers panic shop for fuel hedges with prices surging
Traders and brokers say consumer hedging has picked up since the conflict began
Khamenei’s son Mojtaba is alive and favourite to succeed him, Iranian sources say
The Assembly of Experts that will select the new leader will announce its decision soon
Singapore announces maritime sector master plan to chart industry’s long-term progress
It will launch in 2027 with a strategy to strengthen the maritime hub, boost competitiveness and growth
Shipping cycles are being cut into amplified micro cycles: Maersk’s Asia head for ocean
Demand has become ‘extremely’ volatile in these recent years, he adds
Trump says US will escort, insure oil tankers amid Iran war
The administration is also seeking to address high prices for consumers as petrol prices at the pump have already jumped to the highest levels in five months
Kuehne+Nagel to cut over 2,000 jobs, weighs impact of Middle East conflict
Swiss logistics group forecasts flat or lower recurring Ebit of 1.2 billion to 1.4 billion francs for 2026
Singapore, Tg Pelepas, Port Klang could face congestion from Middle East-bound boxships; capacity shortage feared
Bottlenecks will worsen if Strait of Hormuz closure persists, with Colombo likely to be the worst hit
Middle East war sends economic tremors across the globe
As the US-Israel strikes on Iran escalate into a regional conflict, global markets grapple with energy vulnerabilities amid shipping disruption
