EU sanctions three firms for breaking Libya arms embargo

Turkish shipping company Avrasya Shipping, Kazakh cargo air operator Sigma Airlines and Jordanian maritime firm Med Wave Shipping have all been placed on the European Union sanctions list, accused of breaking the arms embargo to Libya’s Tripoli-based government, according to Euractiv. It alleges that the Avrasya con-ro vessel Cirkin made two shipments to Libya in May and June. However, the Turkish government has hit back, claiming the EU has ignored …

The post EU sanctions three firms for...

https://theloadstar.com/eu-sanctions-three-firms-for-breaking-libya-arms-embargo/

Oil price spike threat after two more tankers are attacked in the Middle East

After two tankers were reportedly hit by torpedo attacks in the Gulf of Oman early this morning, the UK Maritime Trade Operations (UKMTO) Royal Navy agency has issued a warning to shipping, urging “extreme caution” in the area.
The 110,000 dwt Aframax oil tanker Front Altair was en route from the UAE to Taiwan when it was attacked at around 2.30am local time, while the 27,000 dwt product carrier Kokura Courageus, …

The post Oil price spike threat after two more tankers are attacked in the Middle...

https://theloadstar.com/oil-price-spike-threat-after-two-more-tankers-are-attacked-in-the-middle-east/

SeaCube Container Leasing awarded US Transportation Command contract

SeaCube Container Leasing International, one of the world’s leading container leasing companies, has been awarded indefinite-delivery/indefinite-quantity, firm-fixed-price contracts for leasing and transportation of intermodal container equipment. Performance is from March 1, 2019, to Feb. 29, 2020.
Work will be performed at multiple continental U.S. and outside continental U.S. locations. The contracts utilize fiscal 2019 and fiscal 2020 operations and maintenance funding. The U.S....

https://theloadstar.co.uk/seacube-container-leasing-awarded-us-transportation-command-contract/

Why logistics will be key to any US conflict with Russia and China

While commercial supply chains are normally our focus at The Loadstar, there are sometime logistical issues in other theatres that are so interesting as to warrant notice. This article by US geopolitical analyst Stratfor is a case in point, depicting the considerable supply chain challenges the US military would have were it to find itself waging war against a resurgent Russia or increasingly confident China: “The US benefits greatly from …

The post Why logistics will be key to any US conflict...

https://theloadstar.co.uk/why-logistics-will-be-key-to-any-us-conflict-with-russia-and-china/