Shipping Giants Race to Speed Up China-Peru Trade With New Route
Competition to accelerate maritime trade between China and Peru is heating up after a sprawling Chinese-owned port opened along the country’s Pacific
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Competition to accelerate maritime trade between China and Peru is heating up after a sprawling Chinese-owned port opened along the country’s Pacific
The Drewry World Container Index remained unchanged this week at $1,852 per 40-foot container, as declining rates on Transpacific routes were offset by
LONDON/SINGAPORE, Nov 19 (Reuters) – Russian liquefied natural gas producer Novatek has slashed the prices of its cargoes by 30% to 40% since August
(Bloomberg) — The US trade deficit shrank in August as a slew of global tariff rates from President Donald Trump kicked in, official data showed
The U.S. Federal Maritime Commission has concluded two enforcement actions resulting in $1.35 million in civil penalty payments from a major vessel operator
The crude tanker sector is experiencing its most significant shipbuilding boom in nearly a decade, with the order book-to-fleet ratio climbing to 14.1
A labeling band on a single signal wire caused the electrical blackout that led to the containership Dali’s collision with Baltimore’s Francis
The cost of transporting liquefied natural gas across the Atlantic Ocean surged to the highest in almost two years, as expanding exports from North America
Expanding sanctions on Chinese ports and refiners are choking flows of Russian and Iranian oil to the world’s No. 1 importer, although emerging workarounds
French shipping giant CMA CGM on Friday reported declining revenues and profitability for the third quarter of 2025, as the global container shipping industry
Russia’s flagship oil price plunged to the lowest in over 2 1/2 years last week, with days to go until US sanctions are due to hit the nation’s two largest
The crew of an oil products tanker are safe and the vessel is anchored off Iran's Bandar Abbas port, its manager said on Monday, after Tehran said it seized
The Suez Canal Authority is intensifying efforts to bring large containerships back through the strategic waterway following improved security conditions in
Iran confirmed on Saturday that its Revolutionary Guards had seized a tanker in Gulf waters carrying a cargo of petrochemicals bound for Singapore over alleged
By Sotiris Nikas Nov 16, 2025 (Bloomberg) –Ukraine said it’s reached an agreement with Greece that will help secure the supply of natural gas for
Russia's Black Sea port of Novorossiysk temporarily suspended oil exports - equivalent to 2.2 million barrels per day, or 2% of global supply - on Friday,
By Gavin van Marle (The Loadstar) – Container spot freight rates out of Asia this week diverged between the North American and European markets. On the
Iranian Revolutionary Guard Corps naval forces have seized the Marshall Islands-flagged oil tanker TALARA approximately 20 nautical miles east of Khawr Fakkan
Jacksonville-based transportation provider Trailer Bridge reported an active robbery aboard its barge Brooklyn Bridge on the evening of November 13, with
A volunteer lifeboat crew with the UK’s Royal National Lifeboat Institution (RNLI) launched early Tuesday morning to assist the 33,000-ton
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