A BlackRock-backed consortium ​is pushing to complete its acquisition of ‌CK Hutchison's global ports business without two terminals in Panama, after authorities seized the assets, Financial Times ...

Shipping and logistics companies have restricted or halted bookings through the region, with oil prices already on the rise. Disruptions could snarl trade around the world.

FreightWaves reported ocean shipping lines have “fled” the Strait of Hormuz, which is the narrow route between Iran, Oman, and the United Arab Emirates. Iran announced it planned to “close” the strait ...

Several shipping liners have suspended services through the Red Sea and rerouted them down the Cape of Good Hope due to the escalating conflict in the region.

Located in the gulf between Oman and Iran, the Strait of Hormuz is recognized as one of the world's most important oil choke ...

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Shipping companies Maersk, Hapag-Lloyd and CMA CGM are rerouting vessels around Africa, away from the Suez Canal and the Bab ...

Shipping companies Maersk , Hapag-Lloyd and CMA CGM are rerouting vessels around Africa, away from the Suez Canal and the Bab el-Mandeb Strait, after U.S. and Israeli strikes on Iran and the closure ...

A niche but crucial part of the oil market is being rocked by a huge bet from a South Korean tycoon who has amassed a large share of the tanker market — with help from one of the industry’s wealthiest ...

A French logistics behemoth promised $20 billion for the United States, but a year into President Trump’s second term, only a fraction of the money has arrived. By Peter Eavis President Trump sounded ...

Milan, Italy – The world’s largest shipping line has been enabling the transport of goods to and from illegal Israeli settlements in the occupied West Bank, as the United States and Europe continue to ...