Shipping

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

In February 2024, U.S. container import volumes declined 6% from January, but jumped 23.3% when compared to the same month last year, according to the March

The deaths of three seafarers on board the True Confidence following a Houthi missile strike marks first fatalities since the Houthis stepped up attacks

By Jonathan Landay and Steve Holland WASHINGTON, March 7 (Reuters) – President Joe Biden will announce in his State of the Union speech on

By Gavin van Marle in Long Beach (The Loadstar) – The question of rates and annual contracts – and the effects of the Red Sea crisis on both – may

By Alex Longley (Bloomberg) – A major transport union urged a full halt of merchant ships sailing through the Red Sea, adding to calls for vessels to

SINGAPORE/MOSCOW, March 7 (Reuters) – The Russian tanker Liteyny Prospect, hit by sanctions, has docked at the Chinese port of Huanghua to discharge

By Jonathan Saul LONDON, March 7 (Reuters) – India’s navy evacuated all 20 crew from a stricken vessel in the Red Sea on Thursday, after a

By Lisa Baertlein LONG BEACH, March 6 (Reuters) – U.S. importers are playing the waiting game with new container shipping contracts,

The U.S. Central Command has confirmed three fatalities on board the Barbados-flagged bulk carrier True Confidence after the ship was struck by an anti-ship

By Olivia Solon and Mohammed Hatem (Bloomberg) — The anchor of a cargo ship that was attacked by Houthi militants was the most likely cause of damage to

BIMCO is reporting a significant surge in crude tanker newbuild contracting in the first two months of 2024, with a 490% year-on-year increase to 7.4 million

DUBAI, March 6 (Reuters) – Iran will unload about $50 million worth of crude from a Marshall Islands-flagged tanker seized last year, the

HGC Global Communications, a leading Hong Kong-based telecommunications provider, has reported substantial damage to several undersea communications cables in

The International Maritime Organization (IMO) and the International Labour Organization (ILO) have issued a series of recommendations in a concerted effort to

By Karin Matussek (Bloomberg) — Volkswagen AG faces a pair of lawsuits in Germany over claims it was the battery in a Porsche electric vehicle that