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Supply-Chain Stress That Peaked in Covid Heads Higher Again

Supply-Chain Stress That Peaked in Covid Heads Higher Again

A drone view shows a ship and containers at the Port of Santos, in Santos, Brazil April 3, 2025. REUTERS/Amanda Perobelli
Supply-Chain Stress That Peaked in Covid Heads Higher Again
Bloomberg
Total Views: 1
May 12, 2026
(Bloomberg) — The impact of the energy crisis on the global economy in recent months is showing up in gauges of supply-chain stress that flashed red during the
pandemic
, adding to reasons for central banks to be on guard for a recurrence of high inflation.
The following dashboard of logistics activity shows that some gauges are at their highest since the 2020-23 period, when economies locked down, shortages emerged and shipping snarls persisted.
While the indexes are still far from their Covid highs, they reflect disruptions to global trade from the Iran war that bear some similarities to what happened back then. Logistics captures the movement of goods between suppliers, factories and final consumers, and accounts for an estimated 10% of world GDP, showcasing its impo

Greek operators meet evolving connectivity demands with Inmarsat NexusWave

Greek operators meet evolving connectivity demands with Inmarsat NexusWave

Greek operators meet evolving connectivity demands with Inmarsat NexusWave
gCaptain
Total Views: 0
May 12, 2026
I
nmarsat’s fully managed multi-network connectivity service is facilitating fleetwide digital transformation for a growing cohort of Greek ship owners and managers.
As the world’s leading ship owning nation, Greece is pivotal to the pace of maritime digitalisation. Local engagement with predictive analytics, voyage optimisation tools, real-time emissions monitoring, and internet access for crew offers one benchmark for shipping at global scale.
While IoT-based decision-making tools can enhance operational safety and efficiency, however – and facilitate straightforward regulatory compliance – they also increase the demands on fleet connectivity.
Inmarsat Maritime, a Viasat company, is supporting the Greek shipping industry’s digital transformation through its fully managed multi-network service, NexusWave. Rather than switching between networks, NexusWave intelligently bonds

Iran War Ceasefire Fragile as US Rejects Tehran’s Latest Offer

Iran War Ceasefire Fragile as US Rejects Tehran’s Latest Offer

Vessels in the Strait of Hormuz, Musandam, Oman, April 27, 2026. REUTERS/Stringer TPX IMAGES OF THE DAY
Iran War Ceasefire Fragile as US Rejects Tehran’s Latest Offer
Bloomberg
Total Views: 1
May 12, 2026
By Kate Sullivan and Salma El Wardany
May 12, 2026 (Bloomberg) –Shipping traffic in the Strait of Hormuz remained at a standstill on Tuesday, with oil rising after US President Donald Trump rejected Iran’s latest offer and suggested the ceasefire may not hold.
Speaking to reporters in the Oval Office, Trump called Iran’s response to his proposal a “piece of garbage” and said the ceasefire was on “life support.” The comments came as Trump prepares to meet Chinese President Xi Jinping in Beijing on Thursday — a high-stakes meeting that he will enter under economic and political strain back home.
Read More:
Trump to Meet Xi Thursday for High-Stakes US-China Summit
Iran responded to last week’s US peace proposal by demanding a lifting of Washington’s naval blockade and sanctions relie

Foreign Operators of M/V Dali Indicted Over Fatal Baltimore Bridge Collapse

Foreign Operators of M/V Dali Indicted Over Fatal Baltimore Bridge Collapse

A view of the Dali cargo vessel which crashed into the Francis Scott Key Bridge causing it to collapse in Baltimore, Maryland, U.S., March 27, 2024. REUTERS/Mike Segar
Foreign Operators of M/V Dali Indicted Over Fatal Baltimore Bridge Collapse
Mike Schuler
Total Views: 93
May 12, 2026
Federal prosecutors have brought criminal charges against the foreign ship management companies and a technical superintendent tied to the catastrophic collapse of Baltimore’s
Francis Scott Key Bridge
, marking a major escalation in the legal fallout from one of the most devastating U.S. maritime infrastructure disasters in decades.
The Justice Department announced Tuesday that Singapore-based Synergy Marine Pte Ltd, Chennai-based Synergy Maritime Pte Ltd, and technical superintendent Radhakrishnan Karthik Nair have been indicted on charges including conspiracy to defraud the United States, obstruction, false statements, and failing to immediately notify the U.S.

Somali piracy disrupts global shipping and trade routes

Somali piracy disrupts global shipping and trade routes

Somali piracy disrupts global shipping and trade routes
in
International Shipping News
13/05/2026
As ships reroute around Africa to avoid Middle East conflict zones, piracy off Somalia is back. The resurgence is driving up insurance, transit times and security costs, putting new pressure on global supply chains.
It’s been a nightmare two months for global shipping, with the Strait of Hormuz largely shut to commercial traffic and the threat of fresh attacks on vessels in the Red Sea.
Now, a third crisis is brewing — a resurgence in Somali piracy.
Even before the latest escalations between the United States, Israel and Iran, around half the vessels bound for Europe from Asia and the Gulf were bypassing the Red Sea and Suez Canal due to earlier strikes by the Iran-backed Houthis.
Faced with the threat of attacks around the Bab el-Mandeb Strait, the narrow chokepoint between the Red Sea and the Gulf of Aden, major shipping firms opted instead for the long detour around southern Africa.
Thi

America’s Nuclear Shipping Revival Is About More Than Reactors

National Security Multi-Mission Vessels (NSMV) under construction at Hanwha Philly Shipyard. Photo courtesy Hanwha Philly Shipyard
America’s Nuclear Shipping Revival Is About More Than Reactors
Paul Morgan
Total Views: 0
May 12, 2026
Sean Duffy’s MARAD initiative may look like another Trump-era energy dominance announcement, but beneath the politics lies a serious industrial question: can the United States build the regulatory, shipyard, insurance and port framework needed to make nuclear-powered merchant ships commercially viable before Asia takes the lead?
By Paul Morgan (gCaptain) – The real story behind the
announcement made by U.S. Transportation Secretary Sean P.

Iraqi Supertanker Pulls Back From U.S. Hormuz Blockade

Iraqi Supertanker Pulls Back From U.S. Hormuz Blockade

Stock Photo: Garry2014 / Shutterstock
Iraqi Supertanker Pulls Back From U.S. Hormuz Blockade
Bloomberg
Total Views: 2
May 12, 2026
By Prejula Prem and Julian Lee (Bloomberg) — The
Strait of Hormuz
remains largely shuttered, with Iran-linked vessels dominating what little traffic is moving across the waterway. An Iraqi supertanker’s rare passage has come to a halt after a retreat from the US naval blockade line.
The Iraqi oil-loaded Agios Fanourios I, which cleared the strait at the weekend, is retracing its route after halting a journey to Vietnam on Monday as it approached the US position.

Hapag-Lloyd Swings to Loss as Strait of Hormuz Chaos and Weather Delays Hit Shipping

Hapag-Lloyd Swings to Loss as Strait of Hormuz Chaos and Weather Delays Hit Shipping

Thorsten Schier / Shutterstock.com
Hapag-Lloyd Swings to Loss as Strait of Hormuz Chaos and Weather Delays Hit Shipping
Mike Schuler
Total Views: 0
May 13, 2026
Container shipping giant
Hapag-Lloyd
reported a sharp deterioration in first-quarter earnings on Tuesday, blaming severe weather disruptions and the conflict in the Middle East for rising costs and weaker operational performance as the shipping industry grapples with another volatile year.
The German carrier posted Group EBITDA of $494 million (€422 million) for the first quarter of 2026, down sharply from €1.05 billion a year earlier. Group EBIT swung to a loss of €134 million from a €463 million profit in the same quarter last year, while net profit fell to a loss of €219 million.
Hapag-Lloyd said lower freight rates, severe weather disruptions across Europe and North America, and the effective closure of the
Strait of Hormuz
late in the quarter weighed heavily on results.
“The first quarter of 2026 was unsatisfactory for us,

Iran-Linked LPG Tanker Sails Past US Navy’s Blockade Line

Iran-Linked LPG Tanker Sails Past US Navy’s Blockade Line

Navy guided-missile destroyers transit the Strait of Hormuz during heightened tensions with Iran in a photo released by U.S. Photo courtesy CENTCOM.
Iran-Linked LPG Tanker Sails Past US Navy’s Blockade Line
Bloomberg
Total Views: 0
May 13, 2026
By Weilun Soon
May 13, 2026 (Bloomberg) –A liquefied petroleum gas carrier, which has previously ferried Iranian cargoes, has sailed past the blockade boundary announced last month by the US Navy.
Very large gas carrier
Tara Gas
crossed the formal US line — stretching from Oman’s Ras al Hadd to the Iran-Pakistan border — late on Tuesday and is currently sailing in a southeasterly direction in the Arabian Sea, ship-tracking data show.
Since the US declared it would impose a blockade in response to Iran’s tightening grip on the Strait of Hormuz, warships have
intercepted
some vessels well beyond this point, but the line remains a guide for ship captains and owners. At least one oil tanker appears to have
slipped past
altogether.
Shipping across th

UK Leads 40-Nation Defensive Mission to Secure Strait of Hormuz

UK Leads 40-Nation Defensive Mission to Secure Strait of Hormuz

Royal Navy destroyer HMS Dragon departs Portsmouth, UK to head to the Eastern Mediterranean to bolster British defenses in the region. Royal Navy Photo
UK Leads 40-Nation Defensive Mission to Secure Strait of Hormuz
Mike Schuler
Total Views: 1473
May 12, 2026
The United Kingdom is significantly expanding its military commitment to securing the
Strait of Hormuz
, announcing Tuesday that it will deploy autonomous mine-hunting systems, counter-drone technology, Typhoon fighter jets, and the Royal Navy destroyer
HMS Dragon
as part of a future multinational maritime security mission.
The announcement came during a virtual summit of defense ministers representing more than 40 nations involved in what British officials described as a “strictly defensive” multinational mission aimed at restoring confidence in commercial shipping through one of the world’s most strategically important waterways.
The mission, led jointly by the UK and France, would become operational “when conditions allow,” acc