Asia-Europe Container Spot Rates Find a Floor—For Now
This week’s FAK rate hikes introduced by carriers on the Asia-Europe trades managed to arrest 13 weeks of successive spot freight rate
This week’s FAK rate hikes introduced by carriers on the Asia-Europe trades managed to arrest 13 weeks of successive spot freight rate
The U.S. Coast Guard is facing a mounting infrastructure crisis, with maintenance backlogs reaching a staggering $7 billion as of June 2024, according to a new
US President Donald Trump’s trade wars and sanctions are tightening the market for heavy crude, boosting prices for the sludgy oil and raising costs for the
U.S. President Donald Trump on Thursday said French-based shipping firm CMA CGM would invest $20 billion in the United States to build out shipping logistics
A state actor has been systematically targeting merchant vessels calling at Russian oil export facilities with naval mines since December 2024, according to a
The United States is planning to charge fees for docking at U.S. ports on any ship that is part of a fleet that includes Chinese-built or Chinese-flagged
President Donald Trump's administration is considering a plan to stop and inspect Iranian oil tankers at sea under an international accord aimed at countering
Bipartisan leaders of the U.S. House Transportation and Infrastructure Committee have confronted the European Union over its attempts to influence U.S.
French shipping giant CMA CGM Group has unveiled a landmark $20 billion investment plan to strengthen America’s maritime transportation, logistics, and
In a landmark deal announced on Tuesday, Hong Kong-based CK Hutchison will sell its 80% stake in Hutchison Ports Holding to a Blackrock-TiL consortium,
Some shipping companies are discreetly moving operations out of Hong Kong and taking vessels off its flag registry. Others are making contingency plans to do
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The South Korean containership SM Portland has reported significant cargo damage and container losses while transiting to Vancouver through the Bering Sea.
Hong Kong's edge as a financial hub will erode further as the city becomes embroiled in China-U.S. tensions, with the flash sale of a Hong Kong-owned global
A new U.S. Trade Representative proposal targeting Chinese maritime operations with substantial port fees has sparked significant concerns within the shipping
U.S. President Donald Trump is drafting an executive order aimed at resuscitating domestic shipbuilding and reducing China's grip on the $150 billion global
As the White House moves to bolster American shipbuilding, the U.S. Department of Transportation’s Maritime Administration (MARAD) marked a major milestone
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French shipping giant CMA CGM has marked a significant milestone in maritime decarbonization with its first dual-fuel methanol vessel, CMA CGM IRON, making its
CMB.TECH has announced the acquisition of an approximately 40.8% stake in Golden Ocean Group Limited from John Fredriksen’s Hemen Holding Limited. The
New sanctions by the U.S. Treasury’s Office of Foreign Assets Control (OFAC) have revealed that Houthi leaders actively coordinated with Russian and
Canadian crude tanker exports have skyrocketed by 59% year-to-date, reaching 618 thousand barrels per day (kbpd), up from 388 kbpd during the same period last
Equinor and its partners have discovered gas and condensate in the Mistral Sør exploration well in the Norwegian Sea’s Halten area, marking another
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