Ocean Network Express Falls to Quarterly Loss as Overcapacity Bites
Ocean Network Express (ONE) slipped into the red in the third quarter of its fiscal year 2025, reporting a net loss of $88 million on revenue of $4.07 billion
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Ocean Network Express (ONE) slipped into the red in the third quarter of its fiscal year 2025, reporting a net loss of $88 million on revenue of $4.07 billion
The U.S. Department of Transportation has approved a license for Texas GulfLink, LLC to build and operate a deepwater crude oil export terminal off
Malaysia’s seizure of two crude oil tankers suspected of carrying out an unauthorised ship-to-ship transfer off Penang was initially hailed as one of the
A merchant tanker transiting the Strait of Hormuz was harassed by Iranian forces on Monday in an incident that now appears to involve the U.S.-flagged Stena
Maersk and Hapag-Lloyd have announced the first structural return of a Gemini Cooperation service to the Red Sea, marking a cautious step toward
BEIJING, Feb 3 (Reuters) – China warned Panama on Tuesday there would be “heavy prices” to pay after a court ruling there annulled Hong
A newly announced trade agreement between the United States and India could significantly reshape global crude oil flows and tanker demand, potentially cutting
The International Maritime Organization is moving to bring wind-assisted propulsion fully into the regulatory mainstream, approving a formal workplan that
A merchant vessel transiting the Strait of Hormuz was hailed by multiple small armed craft on Monday in an encounter now under investigation, according to a
Two tankers detained off Malaysia's Penang island for allegedly conducting illegal ship-to-ship transfers of crude oil last week have been released along
Malaysian maritime authorities have detained two crude oil tankers and seized approximately RM512 million (USD 129.9 million) worth of crude oil following a
Investment in alternative-fueled shipping continues to climb despite broader market headwinds, with the global dual-fuel fleet reaching 400 container ships and
Panama's Supreme Court annulled last week CK Hutchison's 0001.HK contract to operate two Panama Canal ports at the heart of a $23-billion deal to sell the
By Trevor Hunnicutt ABOARD AIR FORCE ONE, Jan 31 (Reuters) – U.S. President Donald Trump on Saturday said India will buy Venezuelan oil, as opposed to
SINGAPORE, Feb 1 (Reuters) – Two tankers suspected of illegal ship-to-ship oil transfers were detained and more than 512 million ringgit
By Brendan Murray (Bloomberg) US container imports ended 2025 in a four-month skid that’s likely to lengthen this year as trade shifts to other economies to
Panama’s top court has ruled that the contract granted to Li Ka-shing’s CK Hutchison Holdings Ltd. to operate two ports near the Panama canal is
U.S. President Donald Trump threatened new tariffs late on Thursday on countries supplying oil to Cuba, escalating a pressure campaign against the
MSC Mediterranean Shipping Company CEO Soren Toft has reaffirmed the world’s largest container carrier’s refusal to use the Northern Sea Route, even as
The Panama Canal Authority has launched the formal prequalification process for two major infrastructure projects that could reshape energy and container flows
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