Hormuz and Red Sea disruptions are spilling into global shipping, driving more energy cargoes through the Panama and Suez Canals as trade routes become longer and less efficient. Panama Canal access ...
The intelligence report, circulated across the US military this spring in the midst of the war with Iran, immediately set off alarm bells: A Chinese ship in the Middle East was transporting components ...
The Breakwave Tanker Shipping ETF (BWET) is up over 3,600% year to date, according to Morningstar, by far the best performance of any non-levered U.S. fund as the price of transporting oil has soared ...
A cargo ship docked for repairs in China caught fire, killing 25 people, Chinese state media reported Thursday. The ship was docked for repairs at the Beihai Shipbuilding Co. at the port of Qingdao, a ...
LOS ANGELES, Sept 17 (Reuters) - The off-contract ocean container shipping rate from China ‌to the U.S. East Coast has returned to levels seen after COVID-19 upended global trade, and could set new ...
BANJARMASIN, Indonesia — The search is continuing for at least 129 people missing after a ferry overturned in bad weather in Indonesia 's Java Sea on Sunday. At least 108 people were rescued and the ...
Saudi Arabia’s oil exports have been disrupted after Iran-aligned Houthis damaged its key East-West pipeline, which helped circumvent the blockade of the Strait of Hormuz – a global oil chokepoint.
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SINGAPORE, Sept 14 (Reuters) - Commodity vessel transits through the Strait of Hormuz fell to a single digit per day at the weekend, preliminary shiptracking data showed on Monday, well below a 10-day ...
The ‘Celebrity Solstice’ passenger was rescued on Sept. 12 and transferred in critical condition to a hospital in Comox, British Columbia A sick passenger was airlifted from a cruise ship 125 miles ...
Container shipping’s return to the Suez Canal is gathering pace, even as fighting around the southern entrance to the Red Sea is moving in the opposite direction. The 24,188-TEU OOCL Portugal ...
Coast Guard personnel and FBI agents boarded a Texas-bound commercial oil tanker in the Atlantic last month after determining the ship's network may have been compromised by a foreign actor, the Coast ...