Ship Rates Spiking 467% Marks Upended Trade Across Commodities
Rates to ship commodities from energy to bulk ores across the world’s oceans are heading for a rare year-end surge as conflicts, sanctions, and swelling
Rates to ship commodities from energy to bulk ores across the world’s oceans are heading for a rare year-end surge as conflicts, sanctions, and swelling
China is deploying a large number of naval and coast guard vessels across East Asian waters, at one point more than 100, in the largest maritime show of force
Turkish Foreign Minister Hakan Fidan on Wednesday said the "very scary" attacks of recent days on Russia-linked tankers in the Black Sea threatened the safety
South Korean shipbuilder HD Hyundai recently gathered over 600 industry leaders, government officials, and technology partners at the APEC 2025 Future Tech
Christiania Gas confirmed today that nine crew members were abducted from its LPG tanker CGAS SATURN following a pirate attack in the Gulf of Guinea, West
Insurance rates for ships calling at ports in the Black Sea are surging after a series of Ukrainian attacks on vessels with links to
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Davie Defense has completed its acquisition of Gulf Copper & Manufacturing Corporation’s shipbuilding assets in Galveston and Port Arthur, Texas,
The Romanian military blew up a maritime drone that was endangering navigation in the Black Sea, the Ministry of National Defence said on Wednesday, amid
A second engineer aboard the Spirit of Tasmania I sustained serious injuries requiring surgery after falling during engine maintenance work in March, with an
The Russian government’s oil proceeds shrank by almost a third in November from a year ago as weaker crude prices and a stronger currency took their toll on
Turkish Foreign Minister Hakan Fidan and NATO Secretary General Mark Rutte discussed Black Sea safety on Wednesday, a Turkish Foreign Ministry source said,
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Norsepower and Idemitsu Tanker Co., Ltd. have partnered to equip two Very Large Crude Carriers with advanced wind-assisted propulsion technology, marking the
As the global shipping industry navigates the complex path toward decarbonization, methanol is emerging as a practical alternative fuel option, supported by
South Africa’s antitrust body referred a price-fixing complaint against the local units of some of the world’s top shipping companies including A.P.
Singapore-based Seatrium Limited has escalated its legal battle with Maersk Offshore Wind by filing a notice of arbitration against the Danish shipping
Besiktas Shipping, the Turkish owner of an oil tanker that was damaged near Senegal's coast last week after being hit by four external explosions, said on
Vladimir Putin warned that Russia may consider striking the ships of countries supporting Ukraine if a surge in attacks on Moscow’s tanker fleet continues,
A Russian-flagged tanker loaded with sunflower oil reported a drone attack off the Turkish coast on Tuesday, but its 13 crew members were unharmed, Turkey's
The European Union is closing in on a deal to phase out Russian fossil fuels, a move that will embed into law the end of the bloc’s reliance on its former
Several tankers operated by Turkey’s Be?ikta? Likid, the operator of the Mersin, were sanctioned by Ukraine in the past for their involvement in ship-to-ship
ZIM Integrated Shipping Services is navigating a complex strategic review that could reshape the Israeli container liner’s future, as its board evaluates
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The cost of shipping commodities through the Black Sea climbed on Monday after Ukrainian naval drones hit two tankers heading to a Russian port, with fears
Tor Håkon Svanes of NAVTOR explains how a new generation of mobile applications has the potential to empower 24/7, connected, data driven and smarter than
One of Australia's biggest coal export ports will resume operations on Monday, the port operator said, after climate-change protesters disrupted shipping at
Asia's manufacturing powerhouses struggled with sluggish demand in November, extending declines in factory activity as progress in U.S. trade negotiations
Orders for alternative-fueled vessels declined sharply in 2025 following an exceptional year of growth, with the maritime industry placing 232 such orders in
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