Shipping

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced sweeping sanctions against an Iranian shadow banking network,

Container spot freight rates on the transpacific and Asia-Europe trades saw a massive jump this week, as a series of 1 June general rate increases (GRIs) took

The U.S. trade deficit narrowed sharply in April, with imports decreasing by the most on record as the front-running of goods ahead of tariffs ebbed, which

Container shipping rates continued their climb this week, fueled by the temporary tariff pause between the U.S. and China, but there are signs that demand

The U.S. Department of Justice has filed criminal charges against former ship captain John Merrone for allegedly drugging and sexually assaulting a U.S.

Red Sea marine traffic has increased by 60% to 36-37 ships a day since August 2024, but is still short of volumes seen before Yemen's Houthis began

Global container shipping rates have seen a dramatic upturn, with Drewry’s World Container Index climbing 41% this week to reach $3,527 per 40ft

Iran is shipping less oil to China, as toughening sanctions snarl the OPEC producer’s shipments and refinery demand falls in the world’s biggest fossil

Ocean-based sectors have emerged as a cornerstone of global trade, reaching a significant milestone of $2.2 trillion in 2023, accounting for 7% of world trade.

The Port of Corpus Christi has marked a significant milestone with the completion of its Channel Improvement Project (CIP), deepening the ship channel serving

Maritime casualty incidents have increased dramatically over the past six years, with DNV’s latest report revealing a 42% rise between 2018 and 2024, far

Höegh Autoliners and Nordic Circles have partnered to revolutionize ship recycling in Norway, launching a project that will transform decommissioned vessels

Jim Lawrence, a towering figure in U.S. maritime industry and founder of the Connecticut Maritime Association (CMA) conference, passed away on Sunday after a

A new report from international classification society ABS and Herbert Engineering explores an innovative solution to the growing energy demands of artificial

Solvang ASA and BlackRock’s Global Infrastructure Partners (GIP) have announced the formation of a 50:50 joint venture called Solvang Gas Carriers. The

Panama's Maritime Authority has removed from its registry more than 650 vessels since 2019 as part of an effort to fulfill U.S. sanctions and enforce stricter

Ocean Network Express (ONE) has announced the implementation of a comprehensive Ship Recycling Policy and membership in the Ship Recycling Transparency

The Government of Panama has issued a strong rebuttal to accusations made by United Against Nuclear Iran (UANI) regarding its role in enforcing sanctions

By Philip J. Heijmans and Alberto Nardelli Jun 1, 2025 (Bloomberg) –Defense officials from Europe and Southeast Asia called for stronger

The U.S. Coast Guard has released a significant update to its underwater survey guidance for U.S.-flagged vessels, marking the first major revision since its