While the head of the Suez Canal expects shipping to normalize by late March, container shipping lines see a longer timeline.

Air cargo should expect the loss of some consumer and retail goods volumes when ocean shipping resumes in the Red Sea and ...

The Red Sea crisis has severely disrupted global trade, increasing shipping costs, rerouting maritime traffic, and causing ...

With tensions over the release of Israeli hostages jeopardizing the ceasefire agreement, ocean carriers would seek to avoid ...

Jefferies said: “While spot freight rates on the Asia-Europe routes have been softer of late and also on the transpacific, ...

Washignton: The Red Sea crisis has emerged as a critical flashpoint of the conflict in the Middle East, upending global trade and maritime transport, port activity in the MENA region, and ecological ...

The Council prolonged the mandate of the EU maritime security operation to safeguard freedom of navigation in relation to the ...

There has so far been no sign of any significant shift by owners to run their vessels through the Red Sea again in a complex ...

A Navy spokesperson said the collision did not endanger the Nimitz-class aircraft carrier USS Harry S. Truman. The situation ...

OCEAN freight rates for bulk carriers are on a downtrend due to declining demand from China and other seasonal factors, according to Tokyo-based Mitsui O.S.K. Lines (MOL).