Shipping

Los Angeles and Long Beach are closing out 2025 near record cargo volumes after a tariff-driven import surge, even as frontloading fades and a weaker 2026

A coordinated wave of sanctions targeting Russia’s oil sector escalated dramatically on Thursday, with the United Kingdom announcing 24 new measures

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sweeping new sanctions targeting Iran’s shadow fleet

Venezuela may soon have to start closing some oil wells as it runs low on storage capacity following last week’s tanker seizure and US plans to block other

Global container shipping rates jumped 12% this week to $2,182 per 40-foot container, marking the third consecutive weekly increase as carriers successfully

The European Union has imposed sanctions on 41 additional vessels belonging to Russia’s shadow fleet, marking a significant escalation in efforts to

China significantly expanded its use of the Northern Sea Route (NSR) in 2025, completing 14 container ship voyages between Asia and Europe, up from 11 such

Oil tankers hauling Russian crude across the Black Sea are taking a roundabout route along the coastlines of Georgia and Turkey — a measure that might help

A Ukrainian drone attack struck a tanker docked at the Russian port of Rostov-on-Don early Thursday, resulting in casualties among the ship’s crew and

Strong traffic growth and recovered water levels lifted FY 2025 revenue to $5.7 billion after 2024 drought disruptions. The Panama Canal Administration says it

Venezuela's state-run oil company PDVSA resumed loading crude and fuel cargoes on Wednesday after suspending operations at terminals on Sunday due to a

U.S. President Donald Trump ordered on Tuesday a "blockade" of all sanctioned oil tankers entering and leaving Venezuela, in Washington's latest move to

The Port of Los Angeles is on track to post its third-busiest cargo year on record, even as November volumes fell sharply amid growing tariff-driven

The Zero Emission Maritime Buyers Alliance (ZEMBA) has selected two shipping lines to deploy hydrogen-derived e-fuels in what marks a significant advancement

President Donald Trump announced a complete blockade of all sanctioned oil tankers entering or leaving Venezuela on Tuesday, declaring the Maduro regime a

International Maritime Organization leader calls for protection of seafarers as Russia and Ukraine target merchant vessels in escalating conflict. The head of

Sweden’s Navy has confirmed that armed personnel in military uniforms are aboard oil tankers belonging to Russia’s shadow fleet operating in the

Venezuela's state-run company PDVSA is dealing with stuck oil cargoes, rising price discounts and demands from customers to change terms of spot contracts

The global containership industry is bracing for potential market upheaval as the orderbook has swelled to 11.61 million TEU, representing 34.8% of the current

Russia is loading its oil onto tankers at an unprecedented pace — but those shipments are stacking up at sea, weighing on prices and