On Thursday, the U.S. Coast Guard announced that it has seized over 200,000 pounds of cocaine in the Eastern Pacific since it started Operation Pacific Viper i...
Read MoreThe United States has introduced a new set of sanctions specifically targeting Iran’s shadow fleet. These sanctions are aimed at the ships, managers, and trade...
Read MoreBy Weilun Soon (Bloomberg) — Some supertanker operators are feeling anxious about rising tensions between the US and Iran, along with the potential risks to sh...
Read MoreThe U.S. Department of Labor has released new guidance that makes it easier for shipbuilding and other key industries regarding insurance requirements. This ch...
Read MoreA.P. Moller – Maersk reported a loss in its Ocean division for the fourth quarter, marking its first quarterly loss in several years. The company is facing cha...
Read MoreWorldwide container shipping rates have decreased for the fourth week in a row, dropping 7% to $1,959 for a 40-foot container. This decline comes as shipping c...
Read MoreChina is asking its state-owned companies to stop discussions about new projects in Panama. This decision is part of a broader response from Beijing after Pana...
Read More```html The current geopolitical climate is changing global energy trade routes, with sanctions causing almost a third of the world's tankers to operate in the...
Read MoreA recent collision between an oil tanker and a fishing trawler in Scotland's Firth of Clyde has led investigators to recommend mandatory navigation training fo...
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