Iran has officially closed the Strait of Hormuz after U.S. precision attacks on key nuclear sites. This vital maritime route, handling 20% of global oil and significant LNG transport, raises fears of soaring trade disruptions and oil prices. The Iranian Parliament’s decision highlights escalating regional tensions amidst the Israel-Iran conflict.
DP World’s Mundra International Container Terminal (MICT) saw significant growth in the fiscal year 2024-2025, handling 1,497,228 TEUS, a 13% increase from the previous year. Servicing 762 vessels, the terminal plays a crucial role in advancing India’s global trade network. DP World Mundra also reached its highest monthly volume in March 2025.
National Maritime Day on April 5 commemorates the 1919 voyage of SS Loyalty, marking India’s independence in the maritime industry. It honors senior officers and industry leaders for their contributions to global trade. The maritime industry, crucial for the global economy, transports goods internationally. India’s extensive coastline and ports position it as a leading maritime trading nation.
DP World’s Mundra terminal recently welcomed the first call of the ME11/IMX service under the Gemini Cooperation, enhancing trade links between the Indian Subcontinent, Middle East, and Europe. With 12 vessels and 16,000 TEU capacity, the service offers fast, flexible, and reliable ocean freight transportation, strengthening India’s trade ecosystem and boosting global connectivity.
Indian ports, with historical significance and strategic importance, are set to elevate global trade. The India-UAE Virtual Trade Corridor agreement aims to streamline processes and reduce costs, boosting the India-Middle East-Europe Economic Corridor. With plans for a sea-link to Europe, Indian ports are gearing up for increased trade, cementing their role in the global maritime landscape.
Yemen’s Houthi militants are suspected of sinking a second ship in the Red Sea, the Greek-owned Tutor, on June 12. The attack involved missiles and an explosive-laden remote-controlled boat, causing the vessel to take on water. One crew member is missing. This marks the second such incident since November, with the Houthis claiming solidarity with Palestinians in Gaza.
Stena Line has acquired 49 percent of shares in ferry company Africa Morocco Link (AML), operating routes between Tangier and Algeciras. CEO Niclas Mårtensson sees the strait of Gibraltar as a strategic location for growth in global trade and freight volumes. The agreement is pending approval by Moroccan authorities.
Jacky Im meticulously observes as his robot scales a 32-foot steel wall, monitoring every move with precision. As co-founder of Neptune Robotics, he focuses on deploying waterproof robots to address decarbonization in the maritime industry. Im’s dedication to perfection ensures his robots adhere to their pre-programmed routes flawlessly.
Recent attacks on shipping in the Red Sea and other global challenges are transforming trade routes, with potential economic and environmental impacts. A report from UNCTAD, “Navigating Troubled Waters,” highlights disruptions to the Suez Canal and the Panama Canal, impacting global supply chains and increasing greenhouse gas emissions. Developing countries are particularly vulnerable.
AD Ports Group has recently inked strategic memoranda with Gujarat Maritime Board and RITES Limited, a reputable multi-disciplinary transport infrastructure company. This collaboration will strengthen the global trade and enhance the transport sector.
