Shipping Australia notes, and laments the terrible loss of life, injuries, and suffering, in the current Israel / Iran conflict. This is a terrible human tragedy. We also note commentary in the media, which appears to be driven by financial analysts, of concerns that the Strait of Hormuz may somehow become closed to shipping. We...

Geopolitical instability is the biggest headache for the third year running and it is raising the risk of a world recession, maritime leaders believe. Regulations are a “pressing concern” and are said to have the greatest impact on operations for the fourth year running, the ICS Maritime Barometer Report 2024-2025 states. Risks of global recession strengthen;...