Shipping

BIMCO is urging shipowners to keep their guard up in the Strait of Hormuz, warning that the overall security picture for commercial shipping is effectively

A South Korean ship was hit by an explosion in the Strait of Hormuz on Monday and Iranian drones caused a fire at a UAE oil port, as Tehran demonstrated its

The United States Coast Guard has resumed operations at its credentialing hub following the restoration of funding to the Department of Homeland

By Bloomberg News (Bloomberg) — China has ordered its companies to ignore US sanctions, an unprecedented act of defiance that threatens to trap a vast

 The U.S. military said two U.S. Navy guided-missile destroyers had entered the Gulf to break an Iranian blockade and that two U.S. merchant ships had

The United States has launched a major naval-backed operation in the Strait of Hormuz aimed at guiding stranded commercial vessels out of the conflict zone,

By María Paula Mijares Torres May 3, 2026(Bloomberg) –President Donald Trump said the US will begin guiding some neutral ships trapped in the

By Weilun Soon and Rakesh Sharma May 2, 2026 (Bloomberg) –An India-linked tanker laden with liquefied petroleum gas has managed to transit the

The United States escalated its pressure campaign on Iran Friday, pairing maritime sanctions with a parallel strike on the financial channels that convert oil

The International Maritime Organization has kept its landmark shipping climate framework alive following a week of high-stakes negotiations in

Venezuela's oil exports rose 14% to 1.23 million barrels per day in April, the highest in more than seven years, fueled by more sales to the United States,

The U.S. Treasury Department has widened its warning over reported Iranian “toll” demands in the Strait of Hormuz, issuing a new alert that lays out, in

Container spot freight rates on the transpacific trade into the North America west coast managed to defy gravity and edge up this week, while most other

Piracy concerns are escalating rapidly off the Horn of Africa after two vessels were hijacked last week and multiple new approaches were reported across the

US President Donald Trump vowed to maintain a naval blockade on Iran and was briefed by commanders on further military options, according to a report,

Singapore-based liner giant Ocean Network Express reported a modest but resilient profit for fiscal year 2025, navigating weak cargo demand, rising capacity,

The U.S. is intensifying its push against the International Maritime Organization’s proposed global carbon pricing regime, with Federal Maritime

Spot container rates extended their downward trend for a third consecutive week, underscoring the growing disconnect between geopolitical disruption and

The U.S. is pushing for other countries to form an international coalition to restore freedom of navigation in the Strait of Hormuz, according to a State

Three years after bankrupt retailer Bed Bath & Beyond accused Orient Overseas Container Line of auctioning off contracted vessel space to higher-paying