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Overcrowding and Delays at Asian Ports due to Red Sea Crisis
Overcrowding at Asian ports is affecting vessel schedule reliability with severe shipping delays and reduction in capacity. With the Red Sea crisis showing no signs of resolution, these delays and
Global Shipping Hit by Red Sea Crisis
The Iran-backed Houthi rebel based in Yemen have disrupted shipping in the Red Sea and Suez Canal, crucial in facilitating at least 17,000 ships annually through this region. This amounts
Philippines Express Concerns Over China’s Maritime Pressure and Initiates Regional Collaboration
Philippines Express Concerns Over China’s Maritime Pressure and Initiates Regional Collaboration Philippines President Ferdinand Marcos Jr. has voiced deep concerns over China’s escalating maritime pressure, particularly in the dire situation
Chubb launches Lloyd’s lithium battery consortium
Chubb launches Lloyd’s lithium battery consortium Stock photo from Pexels Chubb has launched a new Lloyd’s of London consortium that is designed to provide insurance coverage for risks associated with
Ukraine Prepares to Launch Insurance System for Black Sea Shipping
Ukraine Prepares to Launch Insurance System for Black Sea Shipping Stock photo from Pexels Ukraine is on the verge of setting up its own Black Sea grain agreement, according to
Terrorist attacks more deadly in developing countries
Terrorist attacks more deadly in developing countries Stock photo from Pexels Terrorist attacks in less economically advanced countries are far more frequent and lethal than those in economically advanced countries,
Piracy attacks on the rise
Piracy attacks on the rise Stock photo from Pexels Global piracy and armed robbery attacks against commercial shipping have increased by some 12% during the first six months of 2023,
Supply Chain Risk
Leading the way to sustainability April marked the tenth anniversary of the Rana Plaza disaster in Bangladesh’s capital, Dhaka, when 1,134 people died as a clothing factory building collapsed. Subsequent
Food and beverages most commonly stolen commodities
Food and beverages most commonly stolen commodities Food and beverages remain the most commonly stolen commodities, according to the British Standards Institution’s latest annual Supply Chain Risk Insights Report. Thefts