By Mark Niquette (Bloomberg) — The US merchandise-trade deficit unexpectedly widened in March to a record as companies continued importing goods to get ahead of tariffs, indicating a large hit to...

Maersk MAERSKb.CO said on Tuesday it had maintained all its scheduled trans-Pacific sailings to date, albeit downsizing some vessels, despite the uncertainty caused by U.S. import tariffs and the trade war between the United States and China.

On Good Friday, an aging supertanker fully laden with oil and calling itself Varada arrived in the waters to the east of Malaysia after a two-month voyage from Venezuela.

Greek shipowners are returning to Russia's Urals oil market as the price slides below the Western price cap of $60 per barrel, allowing them to provide transport and insurance services while complying with sanctions, three trading sources said.

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has taken action against three vessels and their owners for delivering petroleum products to Houthi-controlled ports after the...

A senior South Korean government official ruled out on Monday that Seoul would agree to a trade package with Washington by the time the country holds a presidential election on June 3, and flagged challenges to reaching a deal even before early July.

Some China-based firms hit hard by US tariffs are reaching out to Indian exporters to fill orders on their behalf and help them retain their American customers as they navigate a trade war causing seismic shocks in global commerce.

By Amber Tong Apr 27, 2025 (Bloomberg) –China has claimed sovereignty over an uninhabited reef in the South China Sea, according to state media, setting the stage for an escalation of...

April 27 (Reuters) – French shipping giant CMA CGM’s subsidiary CEVA Corporate Services has signed a deal to acquire Turkish conglomerate Borusan’s BRYAT.IS logistics arm, Borusan Tedarik Zinciri Cozumleri ve Teknoloji, for $440 million, according to...

By María Paula Mijares Torres Apr 26, 2025 (Bloomberg) –President Donald Trump called for “free of charge” passage of American ships through the Panama and Suez canals, renewing his focus of...

By Aliaksandr Kudrytski Apr 25, 2025 (Bloomberg) –Kyiv detained a ship it says was part of Moscow’s “shadow fleet” which illegally exports grain from areas of Ukraine occupied by Russian forces....

Container shippings is experiencing significant disruptions as continued blank sailings on Transpacific routes reach unprecedented levels amid escalating trade tensions between the United States and China. Recent industry data reveals...