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Iran exempts ships of four countries from Strait of Hormuz transit restrictions
Iran has exempted vessels belonging to India, China, Iraq and Qatar from transit restrictions imposed in the Strait of Hormuz.
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Azeri Light oil price falls by 2.62% at Italy's Augusta Port
The price of Azerbaijan's Azeri Light crude oil has declined by $3.05, or 2.62%, compared with the previous indicator, reaching $113.45 per barrel on a CIF basis at Italy's Augusta port.
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Nazarbayev University Conference Highlights Need to Rethink Teaching Practices
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Educators and higher education experts worldwide gathered in Astana on Oct. 27-28 for Nazarbayev University’s Teaching Conference 2026 to discuss ways to improve teaching quality, support faculty development and address the c…
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Vote opens on controversial Port of LA workforce disclosure rules
Californians head for the polls today to decide on Charter Amendment PRT – a package of changes affecting Los Angeles’s airports, harbour, and Department of Water and Power, including new workforce disclosure requirements for leases at the port. The measure would require applicants for certain new Harbor Department le…
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Major liners set to resume all Asia-Europe services through Suez
All the mainline operators look set to resume Suez Canal transits for their Asia-North Europe and Asia-Mediterranean services. Taiwan’s Evergreen will join its Ocean Alliance partners in doing just that this week, while Yang Ming and South Korea’s HMM will join their Premier Alliance partners restarting Suez crossings…
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M&A down under: follow the money to see who hits the target
Bread-and-butter deal-making, typically in the $250m-$1bn range, is surging. As you may have noticed Yesterday, DeskOne highlighted another M&A trifecta coming our way, right after ‘Merger Week Delight: Scan + OIA; Boluda + Samskip; Contship + Tarros‘, from a few days ago. And the deal struck down under by US-based AI…
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Fears a strike at San Pedro Bay ports could worsen congestion
Concern is rising among cargo owners and logistics providers that a strike at the Los Angeles/Long Beach port complex could turbo-charge the congestion there. About 250 watchmen, who perform security-related duties at container terminals at the twin ports, are poised to walk off the job at 5pm Pacific time on Wednesda…
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Cargo ship hit in Strait of Hormuz, one person killed
An Indian cargo vessel carrying 14 crew members has come under an aerial attack off the coast of Oman, leaving one sailor dead.
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Labour protests in Bangladesh garment sector threaten export deadlines
Bangladesh’s garment shippers face missed sailings and mounting pressure on delivery schedules as labour protests halt production and disrupt cargo movements to Chittagong port. Production was suspended at around 690 garment factories today, according to the latest information from Bangladesh, while roadblocks hampere…
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Capital vs resilience – the intractable problem of port congestion
This week the great and the good of the port industry will meet in London when the International Association of Ports and Harbours convenes its annual gathering. With the IAPH’s membership mostly comprised of the world’s port authorities, high on the agenda will be how to solve the persistently high levels of congesti…
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Ocean disruption offers no easy windfall for airfreight, warns DSV
Disruption to ocean shipping is not triggering a large-scale switch to airfreight – the cost of emergency lift is keeping most shippers at sea, according to DSV. Speaking at TIACA’s Air Cargo Forum in Miami last week, head of global airfreight Achim Martinka said such decisions depended on whether the business impact …
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Cosco: Shipping vs Ports – same parent, not quite siblings
Delve straight into the numbers. In a nutshell: Chinese state-owned container line Cosco Shipping Holdings; (CSH) profit rose a whopping 81% in the third quarter as port congestion and long reroutes tied up ships and lifted freight rates, while Cosco Shipping Ports, the terminal operator it controls, reported flat pro…
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JB Hunt faces data breach lawsuits as hackers claim haul of carrier records
Companies that have faced a cyber attack are now increasingly likely to face lawsuits too, from customers or staff over any breach of data security. JB Hunt is the latest: it is facing four proposed class actions, after a cybercrime group claimed to have taken employee information and millions of business records from…
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Poor new year liner schedule reliability only improves as summer arrives
Global schedule reliability has become more seasonal, while weekly liner service deployments have grown increasingly volatile since the pandemic, according to new analysis by Sea-Intelligence. Drawing on its Global Liner Performance database, which tracks monthly vessel arrivals from July 2011 to September 2026, the c…
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SLOSCO – Sierra Leone’s latest Chinese shipping venture
After two ambitious Chinese-backed infrastructure projects were abandoned or stalled, Sierra Leone is turning to another Chinese partner to develop a “national” shipping industry. The financing model has changed, but familiar questions remain. On 19 October, Sierra Leone inaugurated its new national shipping company, …
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TikTok Becomes Business Tool for Kazakhstan’s Entrepreneurs, Survey Finds
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA — A new survey by TikTok and the Atameken National Chamber of Entrepreneurs found that more than 70% of surveyed companies use the platform for business at least once a month, while 88.3% reported a positive effect on attractin…
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AIT Worldwide acquires Australia’s Connor Anderson
PRESS RELEASE Nov 1, 2026 11:01 PM Eastern Standard Time AIT Worldwide Logistics Expands Global Footprint to Oceania with Acquisition of Australia-Based Forwarder Connor Anderson International Strategic investment increases AIT’s geographic reach, high-tech logistics support capabilities ITASCA, Ill.–(BUSINESS WIRE)–S…
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Qatari LNG tanker comes under attack in Persian Gulf
The Al Mayeda liquefied natural gas (LNG) tanker, owned by Qatar's Nakilat shipping company, came under attack in the Persian Gulf on the evening of October 30.
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Zelensky arrives in Istanbul for Erdogan talks
Ukrainian President Volodymyr Zelensky said he arrived in Istanbul with his team ahead of talks with Turkish President Recep Tayyip Erdogan, with Black Sea shipping among the issues on the agenda.
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Kazakhstan’s Aviation Industry Gains as FlyArystan Joins IATA
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan’s low-cost airline FlyArystan has joined the International Air Transport Association (IATA), an industry body representing airlines worldwide. Photo credit: FlyArystan. IATA represents more than 370 airlines across…
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Newbuildings head for Asia-Latin America trades as volumes boom
Deliveries in the past week have been primarily deployed to services between the Far East and Latin America, highlighting growing volumes on these trades. Alphaliner noted that Imabari Shipbuilding completed the 13,932 teu ONE Symphony that will be deployed on ONE’s Asia-WCSA AX3 service the pan-Japanese carrier runs …
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Carriers’ November rate hikes ‘doomed’ say analysts, as demand goes flat
Container spot freight rates on the transpacific eastbound trade, as recorded by Drewry, saw its steepest one-week fall since June 2025 after this year’s protracted peak season came to an end. Drewry’s World Container Index (WCI) saw the spot rate on its Shanghai-Los Angeles decline 6% week on week, to end at $7,514 p…
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LA/LB port complex braces for potential strike as labour contract expires
The US ports of Los Angeles and Long Beach face potential disruption from Sunday, as around 250 security workers, represented by the International Longshore and Warehouse Union (ILWU) Local 26, prepare for strike action amid the ongoing labour dispute. The latest labour contract extension will expire at 5pm Pacific Ti…
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Kazakhstan Condemns Houthi Attacks on Saudi Arabia, Tokayev Says During OTS Summit
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Escalating tensions in the Middle East could threaten global trade and transport links, Kazakh President Kassym-Jomart Tokayev said, speaking at the 13th OTS summit in Ankara. Photo credit: Akorda. Tokayev said the deteriorat…
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Central Asian Lawmakers Discuss Regional Integration at Dushanbe Forum
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Parliamentarians from five Central Asian countries discussed regional security, economic integration and digital cooperation at the fourth Inter-Parliamentary Forum of Central Asian States in Dushanbe on Oct. 29, Kazinform re…
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Jade Pacific Line the latest ‘new kid’ on the Asian short-haul block
Intra-Asia and Middle East short-haul trades are seen to be the most sought-after launch pad or entry point for aspiring container shipping entrepreneurs, as the industry becomes more competitive and challenging in an environment of ever-growing trade volatility. The ‘newest kid on the block’ is Jade Pacific Line (JPL…
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Boluda to acquire Samskip: ‘a combination to lead European shortsea shipping’
Boluda Shipping is to acquire Samskip, yet another sign of consolidation in the shortsea shipping scene, the deal intended to create a network spanning Northern Europe, the Iberian Peninsula, Canary Islands and West Africa. Subject to regulatory approval, the deal is expected to complete on New Year’s Day, with the co…
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Kazakhstan Calls for Stronger Cooperation Among Turkic States Ahead of OTS Summit
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan’s Foreign Minister Mukhtar Tileuberdi called for stronger political dialogue and closer trade and transport ties among Turkic states at an Oct. 29 meeting ahead of the 13th Summit of the Organization of Turkic Stat…
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Kazakh Government Outlines Budget and Tax Measures After Tokayev’s Address
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA — Kazakhstan plans to expand AI in budget management, overhaul investment coordination, consider higher taxes on wealthy citizens, and raise the minimum monthly wage to 110,000 tenge ($242) in 2027 as the government moves to im…
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Azeri Light crude oil prices increase at Augusta and Ceyhan ports
The price of Azerbaijan’s Azeri Light crude oil on a CIF basis at Italy’s Augusta port increased by $2.93, or 2.39%, from the previous figure to $125.42 per barrel.