AGP Executive Report
Last update: 42 minutes agoHormuz Shipping Crisis: Oman rescued 25 sailors from an attacked tanker as Iran said it halted three oil tankers in the Strait of Hormuz, a route carrying about a fifth of the world’s oil. Renewed conflict fears pushed crude prices higher. Rail Safety: Spain’s high-speed train collision killed at least 69 people, prompting scrutiny of controller decisions, staffing and safety systems after a second major crash this year. Port Disruptions: Dockworkers at more than 100 ports staged international strikes over arms shipments and working conditions, raising the risk of delays across shipping networks. Freight Rail: CMA CGM launched a weekly service moving containers from Mombasa to Nairobi by rail, adding capacity between Kenya’s main port and inland markets. Railcar Labor: Nearly 1,200 National Steel Car workers in Hamilton remain on strike after almost 12 weeks, with wages, safety and production incentives among the disputed issues.
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