Shipping Industry News

Container freight rates are rising sharply across major east-west trades as the conflict in the Middle East, disruption at key Asian transshipment hubs, and growing fears of an energy crisis...

U.S. forces boarded a sanctioned tanker in the Indian Ocean overnight as Washington continued expanding a maritime enforcement campaign targeting vessels accused of supporting Iran’s oil trade. In a statement...

Mercuria Energy Group Ltd. has moved oil through the Strait of Hormuz through government-brokered deals, according to legal filings that shine a rare light on how commodity traders are navigating the closely watched waterway during the Iran war.

U.S. maritime labor leaders used the 106th anniversary of the Jones Act on Friday to renew calls for the Trump administration to end its emergency waiver program, arguing the policy...

The Panama Canal Authority (ACP) will reduce the maximum authorized draft for vessels transiting its Neopanamax locks beginning July 3, citing concerns over the potential development of El Niño conditions...

U.S. forces conducted an interdiction of the sanctioned stateless oil tanker Davina overnight in the Indian Ocean, the U.S. military's Indo-Pacific Command said on Friday.

Satellite imagery has captured the sanctioned Russian liquefied natural gas carrier Christophe de Margerie making a rare early-season eastbound voyage along the Northern Sea Route under escort from the nuclear icebreaker Ural, a transit that has only been attempted twice before at this time of year.

Belgian dredger Jan de Nul NV and local partner Servimagnus SA won a 25-year contract on Thursday from Argentina’s government to upgrade the nation’s chief trade route in a concession overshadowed by accusations of Chinese influence.

Deep Sea Minerals Corp. says it has cleared an important regulatory hurdle in its effort to explore for critical minerals on the Pacific seabed after receiving a “substantial compliance” determination...

Orders for alternative-fuelled vessels continued in May but remain well below last year’s pace, highlighting a more cautious and diversified approach to decarbonization investments across the global shipping industry. According...

The U.S. Coast Guard is preparing to launch a new digital credentialing platform aimed at overhauling how mariners apply for and receive Merchant Mariner Credentials (MMCs), marking the agency’s latest...

Commodity trading giant Trafigura says the conflict in the Middle East has already removed more than 1.1 billion barrels of oil from global markets and warned that even a near-term...