Shipping

The International Chamber of Shipping (ICS), which represents over 80% of the world’s merchant fleet, has released its 2023/2024 Flag State Performance

(Bloomberg) — A far-reaching plan to channel Europe–Asia trade through the Middle East is at risk of stalling before it even gets started. The

Jan 23 (Reuters) – Weeks of attacks by Iranian-backed Houthi militants on vessels in the Red Sea have disrupted

Shipping rates are expected to continue their upward trend in early February due to the ongoing crisis in the Red Sea, according Xeneta’s freight rate

Despite a decline in transits through the drought-hit Panama Canal for most shipping sectors, containerships are maintaining transit levels largely due to the

The Houthi rebel group in Yemen has claimed a missile attack targeting the “American military cargo ship” M/V Ocean Jazz in the Gulf of Aden. The

By Mike Wackett (The Loadstar) – As long as they are able to obtain premium rates, ocean carriers could decide to increase the service speed of their

Wallenius Wilhelmsen, a leading Norwegian roll-on/roll-off (RoRo) shipping provider, has inked a major multi-year shipping agreement with Korea’s top

(Bloomberg) — A new front opened in Russia’s war on Ukraine that highlights the vulnerability of oil exports from the nation’s western ports, after

SHANGHAI/BEIJING, Jan 19 (Reuters) – For Chinese businessman Han Changming, disruptions to Red Sea freight are threatening the survival of his

BERLIN, Jan 22 (Reuters) – German shipping group Hapag-Lloyd will continue to route its vessels around the Cape of Good Hope until further notice due

By Alex Longley, Sherry Su and Bill Lehane Jan 20, 2024 (Bloomberg) –The oil market is bracing for a weeks-long disruption to shipping in the

DUBAI, Jan 20 (Reuters) – Commanders from Iran’s Islamic Revolutionary Guards Corps (IRGC) and Lebanon’s Hezbollah group are on the ground

New footage posted online allegedly shows the moment an Iranian ballistic missile fired by the Houthi group struck a Greek-owned bulk carrier earlier this week

By Iain Marlow (Bloomberg) — US officials acknowledge that airstrikes against Houthi militants in Yemen won’t deter the group from attacks that have

Nine American maritime labor organizations, encompassing unions and trade associations, penned a letter to Gen. Jacqueline Van Ovost, Commander of the U.S.

Seafarers working on vessels connected to the United Kingdom and the United States sailing through the Red Sea are set to receive double pay due to increased

By Alex Longley (Bloomberg) — Houthi attacks on merchant shipping in and around the southern Red Sea are causing widespread disruption to global trade

The youngest crew member aboard a tanker seized by Iran last week is headed home, according to the ship’s manager. Greece-based Empire Navigation

LONDON, Jan 19 (Reuters) – The Brent crude market structure and some physical markets in Europe and Africa are reflecting tighter supply