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Think Tank
Global Gateways: Page 27
Ocean Carriers Warn of No End in Sight for Global Shipping Logjam
A port operating at 90% of capacity generates a lot of inefficiencies, with increased dwell times that can quickly create delays further down the supply chain.
Ports of Indiana to Reopen Burns Harbor Grain Terminal
The Burns Harbor grain terminal first opened in 1979, and helped move more than 500 million bushels of corn and soybeans up until its closure in 2023.
Rubio Asks China To Stop Iran Closing Strait of Hormuz
China's UN Ambassador Fu Cong said all parties should restrain "the impulse of force... and adding fuel to the fire," according to a state-run CCTV report.
Shipping on High Alert in Mideast After U.S. Strikes on Iran
European Union’s naval force warned of a severe threat to ships linked to the U.S. and Israel, and a low risk for all other ships.
Maersk Suspends Service at Haifa
The ocean carrier said it had not experienced any further disruptions to its scheduled operations in the region.
Port of Los Angeles Completes Construction of Berths 177-182
The new wharf, designed in compliance with the Port’s seismic code, partially replaced a timber wharf that was extensively damaged in a fire in 2014.
Ships’ Electronics Increasingly Jammed Since Israel Struck Iran
False location signals and jamming of vessels’ navigational equipment have become a growing feature of the commercial shipping industry in the past few years.
Thai Exporters Face $600 Million in Added Costs as Port Congestion Worsens
The port congestion stems from a reduced number of vessels, overcapacity, inadequate rail and road infrastructure, lengthy regulatory procedures and poor truck queue management.
U.K. Navy Issues Rare Warning to Ships Near Vital Hormuz Strait
The UKMTO also issued a warning in May about electronic interference around Hormuz, a waterway that handles around 26% of the world’s oil trade.
Container Ship Explodes, Catches Fire Off Coast of India
This is the second incident involving a container ship off the coast of Kerala in recent weeks, after a vessel capsized and spilled oil into the Indian Ocean on May 25.
Gebrüder Weiss Expands Freight Business into Thailand
The logistics company opened for business in Thailand on June 1, with a team of 20 employees based out of Bangkok.
Australia Says U.S. Not Making Demands Over Chinese-Owned Port
China is Australia’s biggest trading partner by far and previously expressed anger over pressure from the Trump administration concerning the Panama Canal.
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