Shipping

The United Kingdom is redeploying one of its most technologically advanced warships, HMS Diamond, to the Red Sea. The move comes as part of the UK’s

The Panama Canal Authority (ACP) has announced an increase in the number of daily transit slots available in the older Panamax Locks. The measures come in

By Julian Lee (Bloomberg) — Russia’s seaborne crude exports surged to the highest level for the year so far, with shipments from a key Pacific

By Bhargav Acharya and George Obulutsa March 12 (Reuters) – Twenty armed people have boarded a cargo ship off the coast of Somalia and have

U.S. forces launched a series of self-defense strikes against Houthi targets in Yemen after the Iranian-backed terrorist group fired missiles at a

By Patricia Zengerle and Jonathan Landay WASHINGTON, March 11 (Reuters) – U.S. intelligence agencies said on Monday the country faces an

The Port of New York and New Jersey began 2024 on a high note with a notable increase in container volume and a significant boost in auto numbers. Container

By Mike Wackett (The Loadstar) – Based upon initial feedback to The Loadstar, there appears to have been only a handful of shippers,

Richard Cruz and Jaime Pinilla Gomez, the owner and operator of the vessel Stimulus Money, were arrested following the fatal capsizing incident on the Hudson

Supply chains worldwide have been disrupted as trade through the Suez and Panama Canals, two critical shipping routes, has seen substantial declines in recent

LARNACA, Cyprus (Reuters) – By Yiannis Kourtoglou and Stamos Prousalis A ship carrying tonnes of food for Gaza remained docked in

CAIRO, March 10 (Reuters) – The U.S. Army has dispatched a ship to send humanitarian aid to Gaza, Central Command (CENTCOM) said on Sunday, days after

CAIRO, March 9 (Reuters) – U.S., French and British forces downed dozens of drones in the Red Sea area overnight and on Saturday after Yemen’s

By Yiannis Kourtoglou and Stamos Prousalis LARNACA, Cyprus, March 9 (Reuters) – Charity workers loaded relief supplies bound for Gaza on to a barge in

March 8 (Reuters) – The Baltic Exchange’s dry bulk sea freight index rose on Friday and posted a fifth straight weekly gain, supported by

By Claire Jiao (Bloomberg) — Asia could see slower economic growth and a resurgence of inflation as escalating violence in the Red Sea snarls shipping

LARNACA, Cyprus, March 8 (Reuters) – A sea corridor to take desperately needed aid from Cyprus to besieged Palestinians in Gaza could start this

By Brendan Murray (Bloomberg) — Global merchandise trade is struggling to accelerate from a slump last year amid signs that growth in the automotive

Inbound cargo volume at the nation’s major container ports remains poised for year-over-year growth through the first half of 2024 despite disruptions caused

By Mike Wackett (The Loadstar) – Yang Ming slid into the red in the final quarter of 2023, with a net loss of $43m after a profit of $483m in