Container Shipping Rates Extend Gains as Year-End Demand Surges
Global container shipping rates climbed 1% this week to $2,213 per 40-foot container, marking the fourth consecutive weekly increase as carriers capitalized on
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Global container shipping rates climbed 1% this week to $2,213 per 40-foot container, marking the fourth consecutive weekly increase as carriers capitalized on
A 27-year-old crude tanker that was supposedly scrapped in 2021 is due to reach Venezuela late this week, according to ship-tracking data, in the latest
The global trading system, which is finishing up one of its most transformational years of the past century, heads into another facing more challenges to
The White House has ordered U.S. military forces to focus almost exclusively on enforcing a "quarantine" of Venezuelan oil for at least the next two months, a
Venezuela's ruling-party controlled National Assembly unanimously approved a law on Tuesday that allows prison sentences of up to 20 years for anyone who
Ukraine's food exports have already been harmed by intensified Russian attacks on ports this month, which could lead to a significant drop in trade despite
Sovcomflot PJSC, Russia’s largest shipping company, received the first domestically built ice-class tanker to expand the fleet of ships hauling super-chilled
Chinese authorities on Wednesday said two Taiwanese citizens led a smuggling operation involving a Chinese-crewed vessel that damaged subsea cables earlier
The U.S. Coast Guard is waiting for additional forces to arrive before potentially attempting to board and seize a Venezuela-linked oil tanker it has been
After nearly two years of disruption, ships from two of the world’s biggest container lines are once again sailing through the Suez Canal—a small but
Venezuela's state-run oil company PDVSA has started filling up tankers with crude and fuel oil it has in storage as inventories mount amid moves by the U.S.
By Julian Lee (Bloomberg) — Russia’s crude exports hit the highest in over 2 ½ years, but delays in offloading cargoes saw another jump in oil
More than a dozen tankers have loaded oil off Venezuela’s coast since the Trump administration intensified efforts to curb Caracas’ crude revenue by
Two vessels from CMA CGM, the world's third-largest container shipping line, have traveled through the Suez Canal, the authority that runs the waterway said
Tanker loading in Venezuela dwindled on Monday, with most ships moving oil cargoes only between domesticports following U.S. action against two more ships and
ZIM Integrated Shipping Services has turned down a revised takeover proposal from a management-led group, saying the offer failed to reflect the company’s
The US Coast Guard’s pursuit of a third oil tanker off the coast of Venezuela has intensified a blockade that the Trump administration hopes will cut off a
In a watershed moment for maritime telecommunications regulation, Chinese authorities have penalized a foreign vessel for illegally operating SpaceX's Starlink
Russia said a drone attack damaged infrastructure and vessels in the Black Sea port of Taman, yet another strike on the country’s commodities
China's foreign ministry on Monday said the United States' seizure of another country's ships was a serious violation of international law, after the U.S.
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