Shipping

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

With the ongoing Suez Canal diversions, container shipping costs are expected to rise as long as the risks to shipping remain. However, shipping industry

By Keira Wright and Áine Quinn (Bloomberg) — A ship carrying Australian cattle initially headed to the Middle East appears to have diverted toward

Höegh Autoliners ASA, a leading global provider in the deep-sea car transportation industry, has announced securing a new contract with a major East Asian car

The U.S. Department of Defense has confirmed a fifth round of military strikes against Houthi-controlled targets in Yemen. Meanwhile, the rebel group carried

By Mike Wackett (The Loadstar) – The liner industry’s new vessel-sharing alliance, the Gemini Cooperation, will buck the recent trend of direct port

(Bloomberg) — African ports from Namibia to Mauritius are becoming more popular as refueling stops for vessels shunning security threats in the Red

CAIRO, Jan 18 (Reuters) – A sharp downturn in revenue after sea attacks by Yemen’s Houthis diverted away shipping away from

The U.S. has imposed new sanctions on a UAE-based shipping company operating eighteen vessels for transporting Russian crude oil above the $60 per barrel price

We’re getting our first look at damages caused by Houthi attacks on shipping. The Indian Navy released the below two image showing damage to the Marshall

The Iranian-backed Houthis have hit another US-owned bulk carrier in the Gulf of Aden after the Biden Administration re-designated the group as a

By Brendan Murray (Bloomberg) — Commercial ship transits through the Suez Canal dropped to the lowest level since the Ever Given blocked the

DAVOS, Switzerland, Jan 17 (Reuters) – Maersk CEO Vincent Clerc said on Wednesday the disruption to global shipping caused by the attacks on vessels

(Bloomberg) — Cargo ships are broadcasting that they are not connected with Israel in an effort to avoid Houthi attacks in the Red Sea area. At least 21

The United States has announced the re-designation of the Yemen-based group Ansarallah, also known as the Houthis, as a Specially Designated Global Terrorist

The Port of Los Angeles saw a 2.5% increase in the amount of cargo processed in December, marking the fifth consecutive month of year-over-year gains. Total

Ocean Network Express (ONE), the world’s sixth-largest container carrier, has placed orders for the construction twelve 13,000 TEU methanol dual-fuel

Shipping giants Maersk and Hapag-Lloyd have announced the signing of a long-term operational collaboration agreement, named the Gemini Cooperation, set to

By Idrees Ali and Dmitry Zhdannikov WASHINGTON/DAVOS, Jan 16 (Reuters) – The U.S. military carried out a new strike in Yemen on