Explore

Reuters Reuters
US warns Iran it will step up economic pressure; two more ships attacked in Hormuz

US warns Iran it will step up economic pressure; two more ships attacked in Hormuz

By Jonathan Saul, Phil Stewart and Idrees Ali LONDON/PANAMA CITY, Aug 14 (Reuters) - Transit through the Strait of Hormuz appeared to grind to a near standstill on Friday after two more ships were attacked there and the United States said it could maintain a naval blockade of Iran indefinitely.
TheStreet TheStreet
Can you retire abroad on Social Security alone? We checked 4 countries

Can you retire abroad on Social Security alone? We checked 4 countries

Several highly ranked retirement destinations are affordable on the average Social Security benefit. But qualifying to live there legally is another matter. Yes, you can retire abroad on the average Social Security benefit, but your options are limited. Of four highly ranked retirement destinations ...
Reuters Reuters
Hormuz traffic slows further after US threatens more economic pressure on Iran

Hormuz traffic slows further after US threatens more economic pressure on Iran

By Jonathan Saul, Phil Stewart and Idrees Ali LONDON/PANAMA CITY, Aug 14 (Reuters) - Transit through the Strait of Hormuz appeared to grind to a near standstill on Friday after two more ships were attacked there and the United States said it could maintain a naval blockade of Iran indefinitely.
Trendline Trendline
Container Ship Pays $4 Million to Bypass Panama Canal Queue Amid Rising Wait Times

Container Ship Pays $4 Million to Bypass Panama Canal Queue Amid Rising Wait Times

Container Ship Pays $4 Million to Bypass Panama Canal Queue Amid Rising Wait Times
Reuters Reuters
US floats prospect of joint strikes on Colombian armed groups

US floats prospect of joint strikes on Colombian armed groups

By Phil Stewart PANAMA CITY, Aug 12 (Reuters) - U.S. Defense Secretary Pete Hegseth floated on Wednesday the possibility of joint strikes on Colombian armed groups, as he welcomed the nation into a military-led counter-narcotics coalition after its conservative president took over last week.
Reuters Reuters
Maersk raises outlook again as strong demand, freight rates lift profit

Maersk raises outlook again as strong demand, freight rates lift profit

By Stine Jacobsen COPENHAGEN, Aug 13 (Reuters) - Danish shipping group Maersk on Thursday raised its full-year earnings guidance for a second time this year and smashed profit forecasts as global container demand proved resilient in the face of the Middle East conflict.
Rapid Read Rapid Read
China's Supreme Court Enforces Anti-Foreign Sanctions Law in U.S. Sanctions Dispute

China's Supreme Court Enforces Anti-Foreign Sanctions Law in U.S. Sanctions Dispute

China's Supreme Court has highlighted a landmark ruling by the Shanghai Maritime Court, which enforced the country's Anti-Foreign Sanctions Law in a case involving U.S. sanctions. The case centered on a dispute where a Singaporean shipping company refused to deliver electronic goods from a Hong Kong-based company to Panama, citing the company's inclusion on a U.S. sanctions list. The court ruled against the Singaporean firm, ordering it to pay damages and interest, and stated that foreign 'discriminatory restrictions' could not be used as a defense under China's Anti-Foreign Sanctions Law. This ruling is seen as a precedent for Chinese companies facing international sanctions amid rising geopolitical tensions.
Trendline Trendline
U.S. Container Imports Rise Amid China's Peak Shipping Season

U.S. Container Imports Rise Amid China's Peak Shipping Season

U.S. Container Imports Rise Amid China's Peak Shipping Season
Reuters Reuters
US eyes indefinite Iran naval blockade as oil supply shortfall deepens

US eyes indefinite Iran naval blockade as oil supply shortfall deepens

By Phil Stewart and Idrees Ali PANAMA CITY, Aug 13 (Reuters) - The United States on Thursday threatened to maintain a naval blockade of Iran indefinitely, ratcheting up economic pressure on Tehran as ceasefire talks have floundered, global oil supply is dropping and regional tensions are rising.
Trendline Trendline
Maersk Increases Profit Forecast Following Strong Q2 Performance Amid Middle East Tensions

Maersk Increases Profit Forecast Following Strong Q2 Performance Amid Middle East Tensions

Maersk Increases Profit Forecast Following Strong Q2 Performance Amid Middle East Tensions
Reuters Reuters
US can keep naval blockade on Iranian ports "indefinitely," Pentagon chief says

US can keep naval blockade on Iranian ports "indefinitely," Pentagon chief says

By Phil Stewart PANAMA CITY, Aug 13 (Reuters) - The U.S. military has enough assets to maintain a naval blockade of Iran indefinitely, Defense Secretary Pete Hegseth said on Thursday, adding ships could be rotated in and out of the region as needed. Hegseth's comments suggest he is advising U.S.
Rapid Read Rapid Read
ResiLog Project Develops Roadmap for Supply Chain Resilience in Suez Canal Region

ResiLog Project Develops Roadmap for Supply Chain Resilience in Suez Canal Region

The ResiLog project, led by Dr. Amr Mahfouz at Maynooth University's School of Business, has developed a Supply Chain Resilience Roadmap to help businesses and policymakers better anticipate and recover from disruptions in global trade routes. This initiative was prompted by the 2024 disruptions in the Bab-el-Mandeb corridor, which affected the Suez Canal, a critical trade artery. The project involved real-time collaboration with industry partners, capturing resilience strategies used by shipping lines, manufacturers, ports, and government authorities. The roadmap provides actionable guidance based on these experiences. A key outcome of the project is a formal research partnership between Maynooth University and the Arab Academy for Science, Technology & Maritime Transport in Egypt, which has led to a second phase of research to further advance supply chain resilience.