A.P. Moller-Maersk CEO Vincent Clerc stated the Iran war is increasing costs by $500 million monthly. These expenses will be passed to cust...

The violence erupted after US President Donald Trump announced "Project Freedom," which he described as a humanitarian effort to guide neut...

Oil prices dipped Tuesday after a significant surge, as the U.S. Navy initiated operations to reopen the Strait of Hormuz. A U.S.-flagged v...

Gold prices remained largely steady as escalating Middle East tensions and stalled U.S.-Iran peace talks kept investors on edge. Despite re...

Oil prices saw a dip on Tuesday. This followed a significant rise after the U.S. Navy began operations to reopen the Strait of Hormuz. A U....

Amazon is now offering its vast logistics network to other companies. Businesses can use Amazon's services for moving, storing, and deliver...

Amazon is entering the logistics market. It will now offer its vast network for businesses to store and ship goods. This move directly chal...

The world’s largest container shipping company, MSC Mediterranean Shipping Company, is launching a new Europe–Middle East service that avoi...

China Detains Panama-Flagged Ships: Nearly 70 Panamanian vessels held in Chinese ports. COSCO suspending operations at Balboa. A $2 billion...

The Strait of Hormuz has effectively shut to global shipping after the US, led by Donald Trump, imposed a blockade on Iran-linked vessels, ...

India's ports are becoming major logistics hubs. Cargo capacity has doubled and will reach 3,500 million tonnes per annum by 2030. The nati...

Iran is reportedly tightening control over the Strait of Hormuz. Oil tankers may face cryptocurrency transit fees and detailed checks. This...

As the winds of global trade shift, Indian exporters are grappling with soaring shipping expenses. The cost of container transport is skyro...

The strategic alliance is in line with India’s vision to transform the maritime sector and establish itself as one of the top five global m...

Houthi militants, aligned with Iran, are attacking vessels with ties to Israel when they pass through the Red Sea, causing insurance costs ...

Maersk, the world’s largest shipping line, consumes about 12 million tons of marine oil per year, roughly equal to all the oil produced in ...

Maersk's business is closely watched within the shipping and other industries as it seen as a barometer of global trade.