News

The Drewry World Container Index rose 2% to $1,957 per 40-foot container this week, marking the second consecutive weekly increase driven by strengthening

More than 30 U.S.-sanctioned oil vessels doing business in Venezuela could face punishment by Washington after the Coast Guard seized a supertanker carrying

The U.S. has seized an oil tanker off the coast of Venezuela, President Donald Trump said on Wednesday, a move that raised oil prices and is likely to further

Ukraine has carried out a third sea drone attack on a Russian shadow fleet tanker in the Black Sea, marking an escalation in Kyiv’s campaign to disrupt

The European Commission has launched an in-depth investigation into the proposed acquisition of joint control over Terminal Catalunya (TERCAT) by Terminal

New Zealand’s Associate Transport Minister James Meager has declined an application by NovaAlgoma Cement Carriers (NACC) to operate a foreign-flagged

French shipping giant CMA CGM has successfully doubled its female seafaring workforce within just one year of launching its She Sails program, marking

Danish shipping giant Maersk is expanding its low-emission fuel options by testing ethanol as a potential alternative to methanol in its dual-fuel fleet, with

Global trade is on track to surpass $35 trillion for the first time in 2025, marking a 7% increase over 2024 despite mounting geopolitical tensions and rising

Asian and Norwegian shipping dynasties are among investors offering support for modern-day sail technology that claims to have potential to slash the amount of

A federal judge on Monday struck down an order by U.S. President Donald Trump's administration to halt all federal approvals for new wind energy projects,

Fluor Corporation has announced the completion of Train 2 at the LNG Canada Project in Kitimat, British Columbia, marking a significant milestone in

China's trade surplus topped $1 trillion for the first time as manufacturers seeking to avoid President Donald Trump's tariffs shipped more to non-U.S.

Wallenius Wilhelmsen has secured extensions on two strategic shipping contracts with a combined additional value approaching USD 500 million, marking a

Year-over-year declines in import cargo volume at major U.S. container ports are expected to persist into 2026, driven by ongoing tariff volatility and

The NATO Shipping Centre has issued a formal advisory to mariners following a series of drone strikes against unladen tankers in the Black Sea on November 28

Two separate US delegations are in New Delhi this week to hold talks with their India counterparts, seeking to repair bilateral ties even as a trade deal

The Group of Seven countries and the European Union are in talks to replace a price cap on Russian oil exports with a full maritime services ban in a bid

A small city perched on San Francisco Bay poses a big obstacle to California Governor Gavin Newsom’s plans to prevent gasoline price spikes in a state that

Russian President Vladimir Putin offered India uninterrupted fuel supplies on Friday, eliciting a cautious response even as he and Indian Prime Minister