On April 26, 2025, a devastating explosion at Iran’s Shahid Rajaee Port in Bandar Abbas resulted in at least 70 fatalities and over 1,200 injuries.
On 17 April, the U.S. Trade Representative (USTR) formalized a sweeping tariff initiative under Section 301 of the Trade Act, designed to counteract China’s systemic
The current market is characterized by strong instability and uncertainty due to ongoing geopolitical conflicts and possible rules that the United States of America could
Every year, fires aboard ships result in loss of life and significant damage to the vessels themselves. Most onboard fires originate in the engine room,
As reported by Allianz, annual shipping losses have decreased by 70% over the past decade; furthermore, in the 1990s, the global fleet recorded an average
The incident raises questions about safety, insurance implications, and vessel recoverability. The recent fire incident aboard the Ro-Ro/Container Carrier vessel, Grande Costa d’Avorio, has shed
