Shipping

Container spot freight rates on the main east-west deepsea trades saw some uplift this week from the 1 November general rate increases (GRIs), although the

China’s exports unexpectedly contracted in October as global demand failed to offset the deepening slump in shipments to the US, dealing a blow to an economy

Two tankers carrying around 1.5 million barrels of Russian Urals crude have dropped anchor at sea on either end of the Suez Canal, in an apparent sign of the

Global commodity trader Gunvor has withdrawn its proposal to acquire Lukoil’s international assets after the U.S. Treasury Department signaled it would

European naval forces liberated the Maltese-flagged tanker HELLAS APHRODITE Friday afternoon following a dramatic 30-hour hijacking approximately 700 nautical

China has booked two cargoes of U.S. wheat following last week's meeting between the countries’ leaders, traders said on Thursday, the first such purchases

(Bloomberg) — A.P. Moller-Maersk A/S shares fell with investor disappointment over a smaller-than-expected improvement in the container-shipping

The Office of the U.S. Trade Representative has opened a one-day public comment period and provided more clarity on the proposed one-year suspension of port

Copenhagen-based shipping giant A.P. Moller – Maersk has refined its full-year 2025 financial guidance, raising the lower end of its earnings projections

A Maltese-flagged tanker has been boarded by pirates approximately more than 700 nautical miles offshore Mogadishu, Somalia, the latest in a string of piracy

Honolulu-based carrier Matson, Inc. says it absorbed $6.4 million in port entry fees in the first three weeks of U.S. and China imposing reciprocal charges on

Western sanctions on Russia and Iran are creating record volumes of oil stored onboard vessels, preventing a supply glut from forming in global markets,

The Suez Canal Authority (SCA) has issued a strong denial of reports claiming it detained the Russian-flagged crude oil tanker Dignity, stating that the

A spike in freight rates for tankers hauling oil has prompted a wave of vessels to join the lucrative trade, with dozens of ships switching their focus from

The lawyer representing Donald Trump's administration faced tough questions from conservative and liberal U.S. Supreme Court justices on Wednesday over the

Mediterranean Shipping Company (MSC) has reached an unprecedented milestone in container shipping history, becoming the first carrier ever to achieve an

The Suez Canal Authority is reporting significant progress in its recovery from vessel diversions due to the Red Sea crisis, with October marking the highest

European ferry operator Stena Line is set to acquire Swedish-Finnish ferry service Wasaline, expanding its Baltic Sea operations to five routes while advancing

MSC Mediterranean Shipping Company has confirmed its commitment to deploy 12 vessels under the Indian flag following discussions with Prime Minister Narendra

Ocean Network Express (ONE) has navigated choppy waters in its second quarter of fiscal year 2025 (July-September), reporting a net profit of $285 million on