This week, global container shipping rates increased by 12%, reaching $2,182 for a 40-foot container. This marks the third week in a row rates have gone up, as...
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Venezuela might soon need to close some of its oil wells as it faces a shortage of storage capacity. This follows last week’s seizure of a tanker and the Unit...
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The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has introduced extensive new sanctions on Iran, focusing on its shadow fleet oper...
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Los Angeles and Long Beach are wrapping up 2025 with near-record cargo volumes, following a surge in imports driven by tariffs, even as the effects of frontloa...
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Improperly secured lithium-ion batteries caused fires on the Genius Star XI during harsh weather on Christmas Day 2023, according to the NTSB. On Chris...
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December 18 (Reuters) – Venezuela has given permission for two very large crude carriers (VLCCs) to head to China, according to sources familiar with the c...
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COPENHAGEN, Dec 19 (Reuters) – Danish shipping company Maersk announced on Friday that one of its vessels successfully passed through the Red S...
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The Zero Emission Maritime Buyers Alliance (ZEMBA) has chosen two shipping companies to use hydrogen-derived e-fuels, marking a big step forward in reducing em...
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The Port of Los Angeles is set to have its third-busiest cargo year ever, despite a significant drop in volumes last November due to increased uncertainty from...
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