News

Container spot freight rates on the transpacific trade into the North America west coast managed to defy gravity and edge up this week, while most other

Piracy concerns are escalating rapidly off the Horn of Africa after two vessels were hijacked last week and multiple new approaches were reported across the

Singapore-based liner giant Ocean Network Express reported a modest but resilient profit for fiscal year 2025, navigating weak cargo demand, rising capacity,

The U.S. is intensifying its push against the International Maritime Organization’s proposed global carbon pricing regime, with Federal Maritime

Spot container rates extended their downward trend for a third consecutive week, underscoring the growing disconnect between geopolitical disruption and

Israel has intercepted aid ships bound for Gaza in international waters near Greece, flotilla organizers said on Thursday, decrying the move as an "escalation

The Iran war is accelerating a shift toward renewable energy as governments race to reduce supply-chain vulnerabilities, according to UNFCCC Executive

The US is seeking forfeiture of two Iran-linked oil tankers seized by naval forces enforcing a blockade against the Islamic Republic, according to a senior

Three years after bankrupt retailer Bed Bath & Beyond accused Orient Overseas Container Line of auctioning off contracted vessel space to higher-paying

Donald Trump discussed how to mitigate the impact of a possible months-long U.S. blockade of Iran's ports with oil companies, a White House official said on

Thorium, an abundant and largely overlooked radioactive metal, is emerging as the fuel of a new generation of compact molten salt reactors that could transform

A federal appeals court has upheld a closely watched Federal Maritime Commission ruling against Evergreen Marine over container detention

The U.S. Treasury Department has issued new sanctions guidance warning that payments to Iran or the Islamic Revolutionary Guard Corps for so-called “safe

Secretary of State Marco Rubio on Monday released a joint statement with five Latin American and Caribbean governments backing Panama’s sovereignty

U.S. forces boarded a commercial vessel in the Arabian Sea on Monday as Washington stepped up enforcement of its blockade on Iranian ports, with U.S. Central

The United Nations Security Council heard urgent calls Monday to restore freedom of navigation through the Strait of Hormuz, as world leaders warned

The Trump administration’s decision to extend its broad Jones Act waiver another 90 days is drawing mounting opposition across the U.S. maritime sector, with

The United Arab Emirates said on Tuesday it was quitting OPEC, dealing a heavy blow to the oil producers' group as an unprecedented energy crisis triggered

 Two months into a war with the U.S. and Israel, Iran no longer has a single, undisputed clerical arbiter at the pinnacle of power — an abrupt break with

President Donald Trump said Iran has asked the US to lift a naval blockade of the Strait of Hormuz while the two sides negotiate an end to the two-month war,