Shipping

Jan 25 (Reuters) – Australian mining giant BHP Group said on Thursday that the Red Sea disruptions are forcing some of its freight service

Rerouting tankers around the Cape of Good Hope due to Red Sea attacks can add nearly a million dollars per voyage while also doubling transit time, according

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the United Kingdom have imposed sanctions on four leading members of

Last week’s surprise announcement from Maersk and Hapag-Lloyd on the formation a new long-term operational collaboration named the Gemini Cooperation is

South Korean shipping company HMM has announced the delivery of the HMM Garnet, the first in a series of twelve 13,000 TEU containerships. The ship, which is

US-based Crowley has taken delivery of the United States’ first all-electric, ship assist harbor tugboat, named eWolf. Designed by Crowley’s in-house

(Bloomberg) — Qatar, one of the world’s biggest liquefied natural gas exporters, is delaying some shipments to Europe as the crisis in the Red Sea

Maersk suspends US-flag operations in the Red Sea after a Houthi attack targeting a Maersk Line, Limited ship carrying U.S. government cargo. Danish shipping

A recent report by the International Transport Workers Federation (ITF) showed an alarming 11% rise in the number of crew abandonment cases in 2023 compared to

Initial assessments of Monday’s joint military strikes by the U.S. and UK against Houthi-controlled areas of Yemen have shown they were successful in

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