AGP Executive Report
Last update: 8 hours agoShipping Disruptions: Hormuz traffic is reported down 70% after 12 ships were hit in a week, while oil shipping costs have surged. New strikes on port and logistics infrastructure add to risks for cargo flows. Oman’s Ports: The country’s seaports handled more than 4 million TEUs as vessel calls rose 27.9%. At Salalah, a planned operator change after 2028 puts about $200 million in leased equipment and commercial agreements in focus. Cleaner Marine Fuels: A commercial ship-to-ship green ammonia bunkering operation in China moved 1,000 tonnes onto an ammonia-fueled bulk carrier, marking a milestone for alternative-fuel shipping. Singapore also completed its first ethanol bunkering trial with Maersk. Logistics Investment: DHL earmarked $450 million for Eastern European expansion, while Aegis Logistics agreed to acquire an 89.8% stake in Tristar for ₹7,700 crore. Japan has also begun field tests of cargo-only automated logistics roads.
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