Hapag-Lloyd Faces $40 Million to $50 Million Weekly Costs Due to Middle East Conflict
German shipping company Hapag-Lloyd HLAG.DE is incurring additional costs of $40 million to $50 million per week due to the ongoing conflict in the
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German shipping company Hapag-Lloyd HLAG.DE is incurring additional costs of $40 million to $50 million per week due to the ongoing conflict in the
The United Kingdom is stepping up its campaign against Russia’s so-called “shadow fleet,” authorizing military and law enforcement teams to board
Legal Gray Zone Emerges as Foreign Ships Enter Domestic Trades Under Emergency Waiver As the Trump administration’s 60-day Jones Act waiver begins reshaping
A.P. Moller–Maersk says the Strait of Hormuz crisis is now reshaping global shipping networks, with the carrier warning that the key energy chokepoint is
At least 40% of Russia's oil export capacity is at a halt following Ukrainian drone attacks, a disputed attack on a major pipeline and the seizure of tankers,
Iran has indicated to the United Nations that so-called “non-hostile vessels” may continue transiting the Strait of Hormuz, but only if they comply with
Libyan authorities have reportedly taken control of the damaged Russian LNG carrier Arctic Metagaz, boarding the vessel and securing it to a tug as efforts
A containership sailing from the United Arab Emirates toward Pakistan was forced to reverse course at the entrance to the Strait of Hormuz, offering one of the
Indian shipping regulators and related authorities seem to be keeping a close watch on ongoing supply chain dynamics for export trades as ocean carriers
How automation, AI, and the decline of traditional watchkeeping are reshaping seafarer welfare By Paul Morgan (gCaptain) – The modern ship has never been
President Donald Trump said the US would postpone strikes against Iran’s energy infrastructure after what he called “productive conversations” with the
Global oil prices have not climbed enough to cause demand destruction, U.S. Energy Secretary Chris Wright said on Monday at the CERAWeek energy conference
U.S. President Donald Trump said on Monday he had given orders to postpone any military strikes against Iranian power plants for five days, hours ahead of a
China has urged all parties involved in the Middle East conflict, particularly the U.S. and Israel, to cease military operations, warning of a "vicious
By Pavel Polityuk KYIV, March 22 (Reuters) – Ukrainian President Volodymyr Zelenskiy on Sunday urged allies to keep up sanctions pressure on Russia
U.S. President Donald Trump and Iran threatened to escalate their war by attacking energy and desalination facilities in the Gulf, a potential widening of
Trade is agnostic, and because it is a physical entity that can be tracked, it can blast away the bluster of trade announcements. The reality is in the trade
By Lorenzo Hernandez PROGRESO, Mexico, March 20 (Reuters) – Volunteers in Mexico loaded a fleet of modest boats bound for Cuba with rice, baby wipes
Multiple U.S.-flagged commercial vessels critical to America’s sealift capability are effectively stranded inside the Persian Gulf amid the U.S.-Israel
Libya's National Oil Corporation said on Saturday that it had contracted a specialist company to handle a damaged Russian tanker carrying LNG that is
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