AGP Executive Report
Last update: 11 hours agoStrait of Hormuz Dispute: US and Iran traded fresh strikes, with conflicting claims over whether the Strait of Hormuz is open; shipping activity reportedly fell to near standstill and some tankers made “dark crossings” with AIS off, while the southern lane stayed open under monitoring. Freight Cost Pressure: Low Rhine water levels in Germany are forcing barges to sail part-loaded, pushing up freight surcharges and raising costs for commodities moving via the river. Maritime Disruption in the Black Sea: Ukraine’s drone campaign hit 105 Russian vessels in the Sea of Azov over eight days, with Kerch Strait traffic suspended and unloading reduced. New Cargo Capacity: Western Sydney International handled its first cargo flight in trials ahead of the Cargo Precinct opening, signaling ramp-up for commercial freight. Logistics Security Crackdown: Dangote launched a whistleblower reward to stop illegal haulage using company trucks, aiming to protect authorized cargo flows. Smart Logistics Investment: Hengtong plans a CNY2bn smart logistics park in Indonesia with cloud and energy storage to support overseas expansion. Skills for Transport Growth: Hampshire’s employer-led skills road map targets workplace gaps, including routes for NEETs, to support regional economic momentum. Energy Storage Supply Chain: Pace Digitek’s Lineage Power signed a BESS supply MoU with Bondada Renewable to expand India’s storage project pipeline. Air Cargo Expansion: BikeWo and Kwik Flite are teaming up on an integrated air cargo and multimodal freight platform for high-value, time-sensitive goods. Warehouse Deal: A historic Glasgow-area warehouse near Bellshill is being refurbished and rebranded after acquisition by Knight Property Group.
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