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Economy 1 month ago
South Korean container ship will test Arctic route to Europe amid Western concern
South Korea will flag off on Saturday a container ship bound for Europe via the Arctic, testing whether a route opened by melting sea ice can be commercially viable, but risking friction with Western allies, as the voyage requires Russian cooperation.
Economy 5 months ago
Trump says Iran should not charge fees to tankers going through Strait of Hormuz
US President Donald Trump said on Thursday Iran should not charge fees to tankers going through the Strait of Hormuz, which has been blockaded since the start of the Iran war, causing the worst disruption to global energy supplies in history.
Markets 6 months ago
Six vessels attacked in Gulf, Strait of Hormuz as war puts merchant ships on front lines
Explosive-laden Iranian boats appear to have attacked two fuel tankers in Iraqi waters, setting them ablaze and killing one crew member on Wednesday, after projectiles struck four vessels in Gulf waters, said port, maritime security and risk firms.
Americas 11 months ago
US threatens visa restrictions, sanctions against nations backing shipping emissions plan
UN member nations are scheduled to vote next week on the International Maritime Organization's Net-Zero Framework proposal to reduce global carbon dioxide gas emissions from the international shipping sector, which accounts for close to 3 percent of global greenhouse gases.
Economy 1 year ago
PREMIUM
Businesses fret over rising shipping costs amid US-China trade war
If China exports fewer goods to the US, he said, there will be fewer containers in the trade path between the two countries, which would reduce the availability of containers for shipments to other destinations.
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