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Ship operators are urging for clear rules and regulations to normalize shipping operations in the Strait of Hormuz, citing recent disruptions that are also seen as reshaping East Asia's economic future.
The Grimaldi Group, primarily known for ro-ro and vehicle transport, has entered the Top 25 containership operators based on available capacity.
US prosecutors have charged the operator of the cargo ship Dali and a key employee with fraud, lying to authorities, and obstructing an investigation following the deadly collapse of Baltimore's Francis Scott Key Bridge. The indictment alleges attempts to conceal information about the ship's condition prior to the March 2024 incident.
Icelandic port authorities and cruise ship operators were surprised by the late 2024 announcement of a 2,500 ISK infrastructure fee per cruise passenger, with its effects expected to take three to four years to fully process after protests and discussions.