Hormuz shipping still faces major risks
The Strait of Hormuz remains dangerous and costly for shipping, despite US claims that it is open.
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The Strait of Hormuz remains dangerous and costly for shipping, despite US claims that it is open.
A Greek container ship has sunk after being struck by three drones, potentially of Russian origin, in the Black Sea off the Bulgarian coast on Wednesday, October 28. This incident highlights growing concerns for commercial shipping as the conflict between Ukraine and Russia persists.
Shipping costs have exploded as the war in the Persian Gulf has led to a shortage of available tankers.
Shipping routes opened by climate change mean more industrial pollutants in the air The gradual reduction in Arctic ice has started to open up new shipping routes, with marine traffic increasing by about 40% over the past 12 years. All these ships leave trails of pollutants in the air, which are already having a measurable climate effect. Aerosol particles in engine exhaust act as nuclei for water droplets, promoting cloud formation. Like aircraft, ships may leave contrails behind them in the sky. Continue reading...
Italy's defence minister warns of severe economic fallout if Bab al-Mandeb becomes impassable, bypassing EU delays.