Shipping

Maersk slipped into a rare quarterly loss in its Ocean division as freight rates weakened and the container giant began a cautious return to Red Sea and Suez

A.P. Moller-Maersk A/S plans to cut jobs and focus on cost discipline this year as the container giant seeks to insulate its earnings against deteriorating

Iranian Revolutionary Guard forces confronted the US-flagged tanker Stena Imperative in the Strait of Hormuz, prompting a US Navy escort response and

India launches state-backed Bharat Container Shipping Line joint venture to challenge foreign carriers' dominance and cut the country's $70-75 billion annual

Global container liners are bracing for lower profits in 2026 as the potential reopening of the Red Sea shipping route weighs on freight rates, exacerbating

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