The tides may finally be turning in ocean shipping. Falling spot rates and consumer demand, alongside increased capacity, are combining to create a new environment of tailwinds for shippers, according ...
LOS ANGELES (Reuters) -A slump in ocean shipping demand since U.S. President Donald Trump imposed a raft of new tariffs on trade partners earlier this year has helped send ocean container rates to ...
Hanwha Ocean has secured an order for seven large container ships worth approximately 2 trillion won from Taiwan’s Yang Ming Marine. On the 17th, Hanwha Ocean announced that it had signed a contract ...
Yemen’s Houthis are again saber-rattling in the Red Sea, having declared a “fourth phase” of escalation in the region on July 27, threatening to attack any ship from companies docking at Israel ports ...
Two big Chinese container ships had their plans abruptly changed near one of the world's most strategic chokepoints on Friday. The CSCL Indian Ocean and CSCL Arctic Ocean, both operated by China's ...
Ocean carrier Evergreen Marine has put in $1.47 billion worth of orders for 23 new container ships, as the company looks to continue expanding its global fleet. According to Splash247, the orders ...
Container ships account for ~100 of the 750 ships backed up around the Strait of Hormuz following U.S. and Israeli attacks on Iran, container carrier Ocean Network Express CEO Jeremy Nixon said ...
At least three Chinese-linked vessels reportedly turned back at the Strait of Hormuz after IRGC warnings, signaling an unusual development in China-Iran relations.
EDITOR’S NOTE: Call to Earth is a CNN editorial series committed to reporting on the environmental challenges facing our planet, together with the solutions. Rolex’s Perpetual Planet Initiative has ...
US president says Tehran hobbled by infighting as Pentagon reportedly briefs mine clearance may take six months ...
Analysts warn shipping risks through the conduit are at their highest level yet after this weekend's vessel strike and U.S.
LONG BEACH, Calif., March 2 (Reuters) - Container ships account for roughly 100 of the 750 ships backed up around the Strait of Hormuz following U.S. and Israeli attacks on Iran, Jeremy Nixon, CEO of ...
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