Poging GOUD - Vrij
Shipping industry braces for impact as Middle East tensions rise
Cape Times
|June 18, 2025
AS GEOPOLITICAL tensions continue to escalate between Israel and Iran, the shipping industry is watching closely, with major players voicing their concerns over potential disruptions.
Shipping giant Maersk on Tueday said that its immediate priority was ensuring the safety and well-being of its staff in impacted locations.
“Currently, all our colleagues are safe, and we have activated our business continuity procedures to minimise the impact on our business and customers. We are closely monitoring the situation and assessing the potential impact on our operations,” said Adhish Alawani, Maersk spokesperson.
“Currently, we are not experiencing any disruptions. We aim to keep our customers informed and help them with alternative solutions if needed.”
Disruption in the Middle East could have far-reaching economic consequences.
Dit verhaal komt uit de June 18, 2025-editie van Cape Times.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Cape Times
Cape Times
Mpact's dividend slashed as economic pressures persist
WITH no letup in sight for the weak economy in the short term, paper and plastics packaging group Mpact has paid out a final dividend of 30 cents, less than half of last year's 75 cents, while it moves to close its Springs cartonboard mill.
3 mins
March 10, 2026
Cape Times
Silver Arrows 'battery' power their way to victory
GEORGE Russell claimed victory at the Australian Grand Prix to open the season with a bang as Mercedes showed they are clear early pacesetters under sweeping new regulations.
3 mins
March 10, 2026
Cape Times
Baby formula recalled over potential toxin contamination
THE National Consumer Commission (NCC) announced the recall of certain baby formula products produced by Nutricua Southern Africa.
1 min
March 10, 2026
Cape Times
Magpies brace for Barca giants
EDDIE
3 mins
March 10, 2026
Cape Times
The future of the film industry: Showmax's shutdown and the rise of AI technology
In the history of technological disruption, the most consequential changes often begin quietly-with a corporate memo, a strategic pivot, or a decision that seems administrative at first glance.
3 mins
March 10, 2026
Cape Times
WHO WILL BE ACCOUNTABLE FOR THE R600M?
What distinguished Dr Martin Challenor's journalism was the quality of his attention
1 mins
March 10, 2026
Cape Times
War in the Middle East sparks interest rate warning
ONE of the few tools available to contain a dramatic petrol price increase resulting from the Middle East war is for the South African Reserve Bank (SARB) to raise interest rates.
2 mins
March 10, 2026
Cape Times
Harmony Gold forecasts 11% to 17% earnings growth as it works on new copper assets
HARMONY Gold Mining Company, which completed a major acquisition in Australia last year, predicts its interim headline earnings per share (HEPS) will grow between 11% and 17% following increased gold prices and further moves to integrate copper at scale within the group.
2 mins
March 10, 2026
Cape Times
Taxi-related attacks 'being orchestrated from within the organisation'
MEMBERS of the Cape Amalgamated Taxi Association (CATA) marched to the Nyanga police station yesterday to raise concerns about the safety of their vehicles following last week's torching of several taxis at the Nyanga taxi rank.
1 mins
March 10, 2026
Cape Times
Country braces for historic fuel price hikes in April
SOUTH AFRICA is bracing for a potential fuel price shock at the onset of April, as soaring international oil prices and a weakened rand threaten to drive prices to unprecedented heights.
2 mins
March 10, 2026
Listen
Translate
Change font size