Reuters: Panama Officials Search CK Hutchison's Local Office Amid Rising Tensions
Panamanian authorities searched the local ports unit of Hong Kong conglomerate CK Hutchison, the subsidiary said on Friday, escalating a rift over control of tw...
Latest Shipping & Logistics News
10,622 articlesLOGISTEED and REXEV Partner to Accelerate EV Truck Electrification in Japan
LOGISTEED and REXEV have launched a collaborative demonstration project designed to expedite the transition to electric vehicles within Japan's logistics sector...
Iranian Attacks Disrupt Global Shipping
The commercial shipping industry is rerouting vessels away from the Middle East this week following the most perilous weekend for maritime trade in the region t...
Lloyd's Register Approves Hybrid Nuclear Vessel Concept
Lloyd's Register has granted an Approval in Principle for a hybrid nuclear-ready power concept, a joint development with Australian ship design firm Seatranspor...
VLCC Resales Outprice Newbuilds by Record $39.5 Million
Resales of extremely sought-after Very Large Crude Carriers (VLCCs) are now commanding the largest premium over newbuild prices in the 60-year history of supert...
France and Belgium Intercept Russian Shadow Fleet Tanker
French naval helicopters assisted the Belgian armed forces in seizing a Russian shadow fleet product tanker, the Ethera, on Saturday. The sanctioned vessel, bui...
Mainstay Maritime to Sell Canadian Lower Lakes Arm and Six Ships to Algoma
America's Mainstay Maritime has agreed to sell its three Canadian operating companies and six Canadian-flagged vessels to Algoma Central Corporation. The deal t...
Shipping Lines Evade Strait of Hormuz Amidst Iranian Attacks on Persian Gulf Ports
Container shipping lines are halting operations to Persian Gulf ports following a joint Israel-U.S. strike on Iran, while tanker vessels have come under fire in...
Can Shipping Navigate an Existential Tech Disruption?
Maritime digital operations face a critical juncture. To survive the 'asteroid' of escalating customer demands for transparency and advanced technology adoption...
Oil Prices Climb in Early Trading, Diesel Outpaces Crude
Oil prices surged in the initial hours of Sunday evening U.S. time trading, marking the first reaction to the U.S. and Israeli attacks on Iran and Iran's subseq...
Cosco and OOCL Remove Conakry from WMAX Service
Cosco Shipping Lines (CoscoSL) and OOCL have revised their West Mediterranean–West Africa (WMAX) service by removing Conakry, Guinea, from the rotation, accor...
Eastern Pacific Shipping Orders Two More VLCC Newbuilds from Hengli
Singapore-based owner Eastern Pacific Shipping (EPS) is strengthening its renewed focus on the Very Large Crude Carrier (VLCC) segment by securing two additiona...