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Three oil, LNG tankers exit Hormuz with transponders offTwo supertankers and an LNG tanker, with transponders off, exited the Strait of Hormuz bound for India and China. These vessels, carrying c...
Shanghai stocks close at 10-year high as Iran conflict boosts energy and gold shares; HK dropsShanghai stocks closed at a 10-year high on Monday, bucking regional weakness in the wake of the Iran conflict as investors snapped up ener...
Trump, Xi agree to pause dueling port fees that disrupted tradeAmerica and China have agreed to halt escalating fees on each other's ships. This pause lasts for one year and impacts billions in annual f...
Tariff truce spurs Pacific trade rush, boosting global shippersA temporary trade truce between the US and China is expected to trigger a surge in transpacific shipping, benefiting major carriers like Ma...
Billion-dollar US levies on Chinese ships risk ‘trade apocalypse’Critics argue the measures may harm the US economy more than they help the domestic shipbuilding industry.
US to levy fees on China-linked ships, push allies to do likewise, draft executive order saysThe U.S. plans to impose fees on ships docking at its ports if they are part of fleets with Chinese-built or Chinese-flagged vessels. This ...
Shipping profit boom evaporates on US tariffs, Red Sea reopeningGlobal shipping giants are bracing for a potentially challenging 2025 due to new US tariffs and the reopening of the Red Sea route. Shippin...
Red Sea crisis produces winners and losers in Asia as freight rates spikeWhile shippers like Cosco Shipping Holdings benefit from higher freight rates, exporters such as Miniso Group face increased logistics cost...
Chinese civilian vessels could prove a military menaceThomas Shugart warned that China could use container ships for unexpected missile attacks on US targets. He noted that Chinese state-owned ...
China's COSCO halts shipping to Israel -Israeli mediaThe report, which did not include details behind the decision, came as shipping lanes in the Red Sea have been disrupted by attacks carried...
Billionaire shipping scion warns of difficult time for industryThe outlook for the shipping sector has darkened considerably in recent months, with some of the largest container lines including A.P. Mol...
Asia faces shortage of ships to install offshore mega wind farmsThe complicated job of planting a wind turbine in the seabed requires several types of ships specially designed for the work.
Prime Volleyball gets nine sponsors for Season 1Sports marketing firm Baseline Ventures, which has exclusive marketing rights to the league, has also roped in Byju's, Cred, Dafa News, Eat...
Shipping companies had a $150 billion year. Economists warn they’re also stoking inflationFaced with forces that are upending traditional business models, shippers around the world are pleading with regulators to rein in ocean-fr...
How can India save $60 billion in forex every year? Start an international shipping lineIt is an idea whose time has come. A shipping line along with a port-led development model is what can drive India towards economic growth.
Higher shipping costs are here to stay, sparking price increasesThe higher shipping costs have been sparked by a combination of factors, including soaring demand amid stimulus checks, saturated ports, an...
China’s empire of money is reshaping lives across new Silk RoadIf Xi's ambitions become a reality, Beijing will cement its position at the center of a new world economic order.
Karachi murder raises red flag on China's $50 billion projectsA gunman opened fire at least nine times on the 46-year-old Chinese managing director of the local unit of Shanghai-based Cosco Shipping Li...
Why China’s plan to build a new Silk Road runs through SingaporeThe managing director of the Pacific International Lines Group is seeking to benefit as China rejuvenates its Silk Road routes to the Middl...
Proposed grand shipping alliance fires up debatesLast week, shipowners in China have voiced anticompetition concerns in the wake of the proposed alliance, to be known as P3.