BlackRock said it agreed to buy the two ports in Panama and more than 40 others around the world from CK Hutchison Holdings Ltd., the sprawling conglomerate controlled by the Li family, one of Asia’s richest clans.

Global shipping executives gathered this week in Long Beach, California, for a major annual conference, expecting to discuss market trends and supply chain challenges.

U.S. President Donald Trump has hailed a deal led by U.S. firm BlackRock to buy most of the $22.8 billion ports business of Hong Kong conglomerate CK Hutchison which includes assets along the Panama Canal.

President Donald Trump announced the creation of a new White House office of shipbuilding and tax incentives for domestic shipbuilders during his joint address to Congress. “I am announcing tonight...

A BlackRock-led consortium has reached “in principle” agreements to acquire port assets owned by CK Hutchison Holdings Limited at the Panama Canal. The deal, valued at $22.8 billion, includes port...

The world’s largest and oldest iceberg, A23a, has run aground near South Georgia Island in the sub-Antarctic, according to confirmation from the British Antarctic Survey (BAS). This trillion-tonne ice giant,...

The U.S. Department of Energy has issued an order removing regulatory barriers for using liquefied natural gas (LNG) as marine fuel, signaling a significant shift in policy that could accelerate...

OPEC+ has decided to proceed with a planned April oil output increase, the group said on Monday, a move that follows U.S. President Donald Trump renewing pressure on OPEC and Saudi Arabia to bring down prices.

President Donald Trump delivered on his threat to hit Canada and Mexico with sweeping import levies and doubled an existing charge on China, spurring swift reprisals that plunged the world economy into a deepening trade war.

The U.S. State Department has officially designated Yemen’s Ansarallah group, commonly known as the Houthis, as a Foreign Terrorist Organization (FTO), marking a significant shift in U.S. policy toward the...

Russia’s Arctic port of Arkhangelsk has developed into a key hub for containerized cargo. Last year the terminal saw ten export-import voyages by Chinese container vessels, up from just one the year prior. In total the port handled 13,500 standard twenty-foot containers (TEU) in 2024, compared to just 380 TEU during the preceding twelve months.

The global ocean shipping industry that handles 80% of world trade is navigating a sea of unknowns as U.S. President Donald Trump stokes trade and geopolitical tensions with historical foes as well as neighbors and allies.