667 Result
Despite a temporary ceasefire, the Hormuz Straits remain de facto closed for transit
A two-week ceasefire announcement was announced on 8 April by the US, Israel and Iran, with the re-opening of the Hormuz Strait being a key component of the ceasefire agreement. The first 24 hours of the ceasefire have shown that the ceasefire itself is very fragile, and not least that there are conflicting views on key aspects of the agreement, not least in terms of whether a ceasefire in Lebanon was part of the scope or not.
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Scan Global Logistics and Hapag-Lloyd to scale existing decarbonisation partnership with an ocean biofuel investment
Scan Global Logistics (SGL) and Hapag-Lloyd are strengthening their partnership to further reduce emissions in ocean freight. By expanding their collaboration and leveraging Hapag-Lloyd’s Ship Green solution and integrating it into the existing product portfolio of emission-reducing solutions that SGL offers, which enables the global freight forwarder’s customers to take immediate and measurable action to decarbonise their global supply chains.
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Hormuz Strait remains effectively closed, adding further pressure on global energy prices
Despite no shortage of political statements and media reports that an imminent opening of the Strait of Hormuz is close, the reality is that the strait remains effectively closed. The US launched Operation Freedom on 4 May to evacuate stranded commercial vessels in the Gulf; however, the initiative was shelved the following day, with the US announcing it would pause the operation at the request of the Pakistani government, citing progress in peace talks.
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Achieving the highest ‘A’ rating in CDP’s Supplier Engagement Assessment
CDP has once again awarded us the highest possible score for supplier engagement – an A rating – recognising us as a 2025 Supplier Engagement Leader.
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New CEO of Scan Global Logistics
Effective November 2011, Mr. Henrik von Sydow (59) has been appointed new CEO of Scan Global Logistics.
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