Israel’s interception of the vessel off the coast of Gaza reinforces the country’s violation of international law says the President.
The International Union of Marine Insurance has noted a marked increase in fire-related claims.
The blazing vessel is a navigational risk to traffic in the region, authorities have warned.
Sixty countries have ratified the agreement, which promises to provide wider protection to ocean life.
By May, Suez volumes were estimated to be down by about 70% compared with 2023.
Maersk has emerged as the most reliable carrier, achieving 80.6% schedule reliability.
Increased vessel traffic and limited enforcement are driving up the level of crime in the region.
In its first year, the platform revolutionised ro-ro operations across Durban, East London and PE.
SA is advancing collaboration to safeguard shipping routes against various ocean transgressions.
The Danish line said the last vessel to call at Santos would be Acastos on October 23.
Shanghai Containerized Freight Index (SCFI) spot rates collapsed on Pacific trade routes with a sharp decline of 31% to the US West Coast and 23% to the East Coast.
The vessels are calling as part of a long-range training deployment across the Southwest Indian Ocean.