The world’s biggest shipping lines have made disruptive changes to their operations in Nigeria as the deadly war in the Middle East ...

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 ...

Located in the gulf between Oman and Iran, the Strait of Hormuz is recognized as one of the world's most important oil choke points. In 2023, oil flows through the waterway averaged 20.9 million ...

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A venture that’s taken a dominant position in the global market for oil supertankers is asking for sky-high charter fees to deliver Middle East crude as the Iran war sends rates spiraling upward.

Ships are rerouting, air cargo is tightening, and companies are adding new war risk surcharges as the Middle East conflict ...

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

Maersk suspends Suez and Strait of Hormuz sailings amid Middle East conflict, rerouting via Cape of Good Hope.

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 ...

NEW DELHI- The Kerala government has initiated a lawsuit against Swiss-based Mediterranean Shipping Company (MSC), seeking $1.1 billion in damages following a significant oil spill in May. The ...