ONE Profit Plunges 92% as Geopolitics and Overcapacity Squeeze Earnings
Singapore-based liner giant Ocean Network Express reported a modest but resilient profit for fiscal year 2025, navigating weak cargo demand, rising capacity,
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Singapore-based liner giant Ocean Network Express reported a modest but resilient profit for fiscal year 2025, navigating weak cargo demand, rising capacity,
The U.S. is intensifying its push against the International Maritime Organization’s proposed global carbon pricing regime, with Federal Maritime
Spot container rates extended their downward trend for a third consecutive week, underscoring the growing disconnect between geopolitical disruption and
The U.S. is pushing for other countries to form an international coalition to restore freedom of navigation in the Strait of Hormuz, according to a State
Three years after bankrupt retailer Bed Bath & Beyond accused Orient Overseas Container Line of auctioning off contracted vessel space to higher-paying
Donald Trump discussed how to mitigate the impact of a possible months-long U.S. blockade of Iran's ports with oil companies, a White House official said on
Thorium, an abundant and largely overlooked radioactive metal, is emerging as the fuel of a new generation of compact molten salt reactors that could transform
A fully-laden Japan-linked oil tanker completed a rare transit of the Strait of Hormuz, as the effective closure of the waterway to most international traffic
A federal appeals court has upheld a closely watched Federal Maritime Commission ruling against Evergreen Marine over container detention
The U.S. Treasury Department has issued new sanctions guidance warning that payments to Iran or the Islamic Revolutionary Guard Corps for so-called “safe
A 29-year-old Iranian supertanker has appeared at Kharg Island after years off the radar, a sign that Tehran could be using retired ships to keep loading oil
U.S. President Donald Trump on Wednesday urged Iran to 'get smart soon' and sign a deal, following days of deadlock in efforts to end the conflict and a media
Secretary of State Marco Rubio on Monday released a joint statement with five Latin American and Caribbean governments backing Panama’s sovereignty
U.S. forces boarded a commercial vessel in the Arabian Sea on Monday as Washington stepped up enforcement of its blockade on Iranian ports, with U.S. Central
The United Nations Security Council heard urgent calls Monday to restore freedom of navigation through the Strait of Hormuz, as world leaders warned
The Trump administration’s decision to extend its broad Jones Act waiver another 90 days is drawing mounting opposition across the U.S. maritime sector, with
The United Arab Emirates said on Tuesday it was quitting OPEC, dealing a heavy blow to the oil producers' group as an unprecedented energy crisis triggered
Panama-flagged tanker Idemitsu Maru, carrying 2 million barrels of Saudi oil, is attempting to cross the Strait of Hormuz, LSEG shipping data showed on
Four recently reflagged liquefied natural gas (LNG) carriers linked to new Turkish-controlled entities are heading north in the Atlantic, in what analysts say
The chair of the Federal Maritime Commission has joined the U.S. delegation to high-stakes climate talks at the UN’s International Maritime
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