AGP Executive Report
Last update: 26 minutes agoMaritime Security: A container ship was reportedly targeted by an unknown projectile while entering the Strait of Hormuz, with damage and responsibility still unclear. More than 60 countries have also pledged to oppose tolls on international shipping routes, as disruption raises concerns about safe passage and energy flows. Freight Costs: Black Sea shipping insurance has surged to $2.5 million per vessel amid rising security risks, while Middle East tensions have pushed oil above $106 a barrel, adding pressure to transport costs. Air Cargo: Flydubai has launched weekly Boeing 737 cargo flights between Dubai and Almaty, linking two regional logistics hubs and opening new options for trade. Cross-Border Networks: A CILT regional conference in Johannesburg later this month will focus on African transport corridors, border harmonisation, freight safety and workforce skills.
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