Topic
shipping lane
Logistics Houthi rebels announce new blockade of key Red Sea shipping lane threatening global trade
Houthi rebels in Yemen announced a naval blockade of Saudi Arabia at the Bab al-Mandab Strait, escalating conflict that previously shut down Red Sea shipping. The move threatens the return of carrier services and could disrupt energy exports and global supply chains.
Logistics Norway Awards Contract for World's First Ship Tunnel Through a Mountain
The Norwegian Coastal Administration has awarded AF Gruppen a turnkey contract worth NOK 5.6bn ($564.5m) for the Stad Ship Tunnel, the world's first ship tunnel. The 1.7 km tunnel will allow freight and passenger ships to safely transit between the Norwegian Sea and North Sea year-round, bypassing hazardous waters. Construction begins in early 2027 and is expected to take about five years.
Logistics New Attack on Cargo Vessel in Strait of Hormuz Threatens Fragile Shipping Resumption
A cargo vessel in the Strait of Hormuz was struck by an unknown projectile, damaging the bridge. The UK Maritime Trade Operations reported no casualties or environmental impact. In response, the International Maritime Organization suspended its support for vessel movements, and Iran's Navy announced restrictions on unauthorised routes, threatening the fragile resumption of global shipping through the waterway.