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, India and Europe, shipping data and documents from state company PDVSA showed on Friday.

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 far more detail, the...

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 east-west trades witnessed a third consecutive week of declines.

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 western Indian Ocean, prompting security...

Singapore-based liner giant Ocean Network Express reported a modest but resilient profit for fiscal year 2025, navigating weak cargo demand, rising capacity, and mounting geopolitical disruption across key trade lanes. The company...

The U.S. is intensifying its push against the International Maritime Organization’s proposed global carbon pricing regime, with Federal Maritime Commission Chairman Laura DiBella urging member states this week to consider alternatives to the stalled Net Zero Framework (NZF) during high-level talks in London.

Spot container rates extended their downward trend for a third consecutive week, underscoring the growing disconnect between geopolitical disruption and underlying market fundamentals. According to the latest weekly update from Drewry,...

Israel has intercepted aid ships bound for Gaza in international waters near Greece, flotilla organizers said on Thursday, decrying the move as an "escalation of Israel's impunity."

The Iran war is accelerating a shift toward renewable energy as governments race to reduce supply-chain vulnerabilities, according to UNFCCC Executive Secretary Simon Stiell.

The US is seeking forfeiture of two Iran-linked oil tankers seized by naval forces enforcing a blockade against the Islamic Republic, according to a senior administration official.

Why America’s Cargo Demand Is Building Maritime Capacity Everywhere but at Home By Bruce Kimbrell (Policy Op-Ed)   I spent last week at the Sea-Air-Space Conference at the Gaylord in Maryland...

Three years after bankrupt retailer Bed Bath & Beyond accused Orient Overseas Container Line of auctioning off contracted vessel space to higher-paying cargo during the pandemic supply chain crisis, a Federal Maritime...