Shipping

UPDATE HERE by Ahmad Ghaddar (Reuters) At least four oil tankers have diverted course from the Red Sea since overnight strikes by the U.S. and Britain on

By Jennifer Jacobs, Tony Capaccio and Courtney McBride (Bloomberg) — The US and its allies launched airstrikes on more than a dozen Houthi rebel targets

By Jana Choukeir, Ahmed Elimam and Robert Harvey DUBAI, Jan 11 (Reuters) – Iran seized a tanker with Iraqi crude destined for Turkey

The U.S. is confirming the 27th attack by the Iranian-backed Houthi group against international shipping in the Red Sea and Gulf of Aden. The U.S. Central

In the latest development of an ongoing series of incidents, Iran has seized a tanker in the Gulf of Oman, further escalating tensions in the region. The

By Alex Longley (Bloomberg) At least five vessels transiting the Red Sea are using their signals to say they have links to China — the latest unusual

Methanol surpassed liquefied natural gas (LNG) as the preferred alternative fuel choice for newbuild vessels in 2023, marking a significant milestone in the

By Alex Wickham, Iain Marlow and Peter Martin (Bloomberg) — The US and its allies are weighing options for retaliation against escalating attacks at

Maersk has announced plans to modify one of its services through the Panama Canal by implementing a so-called “land bridge” across Panama amid

(Bloomberg) — A surge in freight rates is prompting crude buyers in Asia to shift more purchases to Middle Eastern oil, aiding spot market prices. The

KYIV, Jan 10 (Reuters) – Ukraine exported 4.8 million metric tons of food via its Black Sea corridor in December, surpassing the maximum

The global containership fleet is set to exceed the 30-million TEU mark for the first time in history in 2024, as a wave of new containerships hit the water,

By Mike Wackett (The Loadstar) – The Red Sea crisis, driving extended voyage times around Africa, is creating simulated cargo demand and masking the

The U.S. Central Command is confirming details of the latest attack on shipping in the Red Sea, stating that a barrage of missiles and one-way attack drones

Seafarers International Union has announced the passing of its long-time president Michael Sacco. Sacco died of natural causes on December 28, 2023, in St.

HSBC Global Research is warning that the ongoing crisis in the Red Sea could lead to congestion at ports due to uncertain vessel schedules and equipment

By Lucia Mutikani WASHINGTON, Jan 9 (Reuters) – The U.S. trade deficit unexpectedly narrowed in November as imports of consumer goods fell to a

(Bloomberg) — The United Arab Emirates banned ships arriving in its waters that sail under the flag of Cameroon — a move that distances the emirate

HOUSTON, Jan 9 (Reuters) – Oil and fuel tanker traffic in the Red Sea was stable in December, even though many container ships have rerouted

By Ari Rabinovitch (Reuters) – Israel’s Transport Ministry on Tuesday said it was seeking to clarify Chinese shipper COSCO’s reported