Peak Season and Hormuz Crisis Fuel New Surge in Container Shipping Rates
Container freight rates are rising sharply across major east-west trades as the conflict in the Middle East, disruption at key Asian transshipment hubs, and
Container freight rates are rising sharply across major east-west trades as the conflict in the Middle East, disruption at key Asian transshipment hubs, and
U.S. forces boarded a sanctioned tanker in the Indian Ocean overnight, the latest in a series of interdictions targeting vessels linked to Iran’s shadow
Mercuria Energy Group Ltd. has moved oil through the Strait of Hormuz through government-brokered deals, according to legal filings that shine a rare light on
Global shipping has always been exposed to volatility. Schedules change. Routes shift. Ports become congested. Fuel costs rise and fall. New surcharges appear.
U.S. maritime labor leaders used the 106th anniversary of the Jones Act on Friday to renew calls for the Trump administration to end its emergency waiver
The Panama Canal Authority (ACP) will reduce the maximum authorized draft for vessels transiting its Neopanamax locks beginning July 3, citing concerns over
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U.S. forces conducted an interdiction of the sanctioned stateless oil tanker Davina overnight in the Indian Ocean, the U.S. military's Indo-Pacific Command
Satellite imagery has captured the sanctioned Russian liquefied natural gas carrier Christophe de Margerie making a rare early-season eastbound voyage along
Belgian dredger Jan de Nul NV and local partner Servimagnus SA won a 25-year contract on Thursday from Argentina’s government to upgrade the nation’s chief
Deep Sea Minerals Corp. says it has cleared an important regulatory hurdle in its effort to explore for critical minerals on the Pacific seabed after receiving
Orders for alternative-fuelled vessels continued in May but remain well below last year’s pace, highlighting a more cautious and diversified approach to
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The U.S. Coast Guard is preparing to launch a new digital credentialing platform aimed at overhauling how mariners apply for and receive Merchant Mariner
Commodity trading giant Trafigura says the conflict in the Middle East has already removed more than 1.1 billion barrels of oil from global markets and warned
MANILA, June 4 (Reuters) – Satellite images obtained by Reuters confirmed the presence of a structure at the entrance of the hotly disputed
The trickle of tankers exiting the Strait of Hormuz has gathered pace in recent weeks, as traders adopt stealth measures to make the crossing. While this
The Royal Navy has deployed a new underwater mine disposal system aboard RFA Lyme Bay as Britain and France finalize plans for a multinational operation to
Taiwan will sharply increase its arsenal of powerful anti-ship missiles to more than 1,800 by early 2029, as it seeks to enhance its capacity to counter a
The UK and France have finalized plans to lead a multinational mine-clearing mission in the Strait of Hormuz within days of an agreement between the US and
Backed by BlackRock’s GIP, MOL and Vitol, the Louisiana offshore project would become America’s first floating LNG export facility and the
The European Union has proposed that the bloc's Aspides naval mission take "the primary role" in clearing mines in the Strait of Hormuz "when conditions
A month after President Donald Trump announced — and then abandoned — a plan to escort commercial ships through the Strait of Hormuz, the US military is
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The Trump administration’s push to rebuild America’s maritime industry moved back into the spotlight Wednesday as lawmakers reviewed fiscal year
Northern Lights has awarded a long-term time charter contract for a new 12,000-cubic-meter liquefied CO? carrier to a consortium of Japan’s Kawasaki Kisen
Russian President Vladimir Putin has authorized France’s TotalEnergies to sell its 10% stake in the Arctic LNG 2 project, potentially opening the door to one
Some Greek oil tanker owners are moving their ships closer to the Persian Gulf in a bet that the vessels will soon be able to earn sky-high rates if the Strait
Russia is demanding that France release the captain of a tanker detained in France on what it says are false charges, the Russian embassy in Paris saidon
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