AGP Executive Report
Last update: 12 hours agoRail Safety: Spain’s transport minister resigned after a crash near Urda killed 69 people, following another fatal rail disaster this year; attention now turns to safety safeguards and the investigations. Shipping Security: Iran has opened Strait of Hormuz transit to ships from India and three other countries, while the IMO warns mines may still threaten the route. In the Black Sea, drone strikes hit commercial vessels, with nine ships damaged and at least 30 sailors dead or missing. Maritime Incident: A tanker carrying about 11,000 tonnes of sunflower oil is drifting off Bulgaria after a towline broke during a rescue attempt. Port Delays: Liberian importers say shipping delays have stretched to seven months as port fees rise; the National Port Authority says a dredging contract is due this week. Logistics Business: Scan Global Logistics plans to acquire OIA Global, while ArcBest reported third-quarter revenue up 15.5% to $1.21 billion. Rail Operations: Bulgaria approved €66.4 million for railway maintenance as Malaysia works to ease train congestion and technical problems.
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