Why one ‘peace’ deal just made shipping more expensive
The maritime industry’s path forward demands continuous intelligence, flexible contracting, and recognition that regional ceasefires don’t guarantee unified de-escalation across Middle Eastern waters. Saleem Khan (pictured, above), Chief Data & Analytics Officer, Pole Star Global explains… The Paradox The maritime industry faces a paradox: recently Yemen’s Houthi rebels signalled a cessation of Red Sea attacks […]
Tariffs, Sanctions and Shipping Risks: The new supply chain reality
New US tariffs are prompting companies to reduce their reliance on China as a source of imports, but the implications for supply chains go much further. From the rise in dark shipping to the escalation in sanctions to countries including Iran and Venezuela, supply chain reorganisation is becoming a priority. Capt. Steve Bomgardner, VP – […]
Meeting OFAC’s Call To Action: Combating illicit cargo
The global maritime and transportation industries have long played a vital role in facilitating the movement of goods and people across borders. However, these industries are vulnerable to exploitation by illicit actors who seek to transport contraband goods, evade sanctions, and launder money. In a recent announcement, the U.S. Department of the Treasury’s Office of […]
Increased and evolving threats ‘heighten demand’ for port security
The shipping industry is responsible for about 90% of global trade by volume – Frost & Sullivan’s recent analysis on the global maritime port security market finds that governments are prioritising the safe and secure transportation of goods to ensure economic stability and growth. The sector is being driven by increased threats to port operations, […]