Shipping

Global container shipping rates extended their decline for a sixth consecutive week, dropping 1% to $1,919 per 40-foot container as the traditional pre-Lunar

The U.S. trade deficit widened to $70.3 billion in December, pushing the full-year 2025 shortfall to $901.5 billion despite months of tariff-driven volatility.

Russia has threatened to deploy its navy to protect merchant tankers linked to its oil trade, marking a sharp escalation in the battle over Western sanctions

CMA CGM is doubling down on India, having finalizing shipbuilding contracts with Cochin Shipyard Limited (CSL) for six LNG-powered containerships while

Oil gained the most since October as traders weighed whether talks between the US and Iran will be enough to avert conflict, following a report that American

U.S. refiners Phillips 66 and Citgo Petroleum are seeking to buy heavy crude directly from Venezuelan state oil company PDVSA starting in April to maximize

Sallaum Lines has taken delivery of two new LNG dual-fuel Pure Car and Truck Carriers, marking a significant expansion of the company’s Ocean Class fleet

A fire in the engine room of the Singapore-registered bulk carrier MANDY has resulted in the deaths of two crew members and left a third hospitalized following

Tension in one of the world’s most critical maritime chokepoints spiked this week after Iran temporarily restricted parts of the Strait of Hormuz during

Donald Trump’s trade levies aren’t the main reason why China is exporting more to other parts of the world, a European Central Bank study

Russian Foreign Minister Sergei Lavrov told his Cuban counterpart Bruno Rodriguez on Wednesday that Moscow was urging the U.S. not to impose a full naval

Salvage crews have removed roughly 1,000 gallons of residual fuel from the grounded barge Defiant near the entrance to San Juan Harbor, significantly reducing

Hapag-Lloyd has agreed to acquire ZIM Integrated Shipping Services for $4.2 billion in a deal that would cement its position among the world’s top five

Los Angeles processed 812,000 TEUs in January, down 12% year over year, with exports hitting their lowest monthly level in nearly three years as tariff

The U.S. Maritime Administration (MARAD) has launched a nationwide recruitment drive for its Centers of Excellence program, opening applications for

The most extensive sea ice in 15 years around Russia’s key Baltic Sea commodity ports could curb a chunk of the nation’s vast exports program because of a

France released the seized oil tanker GRINCH after imposing a multi-million euro penalty on the vessel's owner for suspected involvement in Russia's shadow

The latest session of the IMO’s Pollution Prevention and Response Sub-Committee didn’t deliver sweeping new rules, but beneath the technical drafting work,

A merchant vessel transiting about 70 nautical miles southwest of Aden, Yemen reported an encounter with armed skiffs on Tuesday, briefly raising alarm before

The International Chamber of Shipping is backing efforts to revive U.S. shipbuilding but warning that proposed port fees on foreign-built vessels—projected