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'Start your engines'? Shippers wary on Hormuz reopeningShipping groups are hesitant to resume sailing through the Strait of Hormuz. An agreement between the US and Iran promises its reopening. H...
The stunning way China is using America's own playbook to hit the US where it hurts most, and Washington has no idea how to respondChina Detains Panama-Flagged Ships: Nearly 70 Panamanian vessels held in Chinese ports. COSCO suspending operations at Balboa. A $2 billion...
Trump’s Hormuz blockade has deepened a historic shipping crisisThe Strait of Hormuz has effectively shut to global shipping after the US, led by Donald Trump, imposed a blockade on Iran-linked vessels, ...
Indian ports turning into logistics and industrial hubs, shipping secretary tells investors in SingaporeIndia's ports are becoming major logistics hubs. Cargo capacity has doubled and will reach 3,500 million tonnes per annum by 2030. The nati...
How Iran plans to tax oil tankers passing through Strait of HormuzIran is reportedly tightening control over the Strait of Hormuz. Oil tankers may face cryptocurrency transit fees and detailed checks. This...
How many ships have been attacked in the Gulf since start of Iran war?Vessels in the Gulf face danger as Iran's Revolutionary Guards target ships. Attacks have disrupted vital trade routes through the Strait o...
Dilapidated ports, old tankers complicate US oil companies’ Venezuela plansGlobal oil firms are rushing to secure tankers and establish safe transfer operations for Venezuelan crude exports to the United States. Co...
Maersk keen to build & repair ships in India, says officialMaersk, a global shipping giant, is exploring shipbuilding and repair opportunities in India, expressing confidence in the nation's growing...
Indian coast guard ships battle fire aboard vessel in Arabian seaThree Indian Coast Guard ships responded to a distress call from the cargo vessel MV Maersk Frankfurt, which reported explosions on its fro...
Maersk tankers and competitors bet billions on ammonia fuel carriersSeveral shipping companies, such as Maersk Tankers, Mitsui OSK Lines, Trafigura, and Gunvor Group, are investing in ammonia tankers for 202...
Oil tankers divert from Red Sea after US, UK strikes in YemenFour oil tankers, including Toya, Diyyinah-I, Stolt Zulu, and Navig8 Pride LHJ, have changed their course to avoid the Red Sea after strike...
ET exclusive: Shipping giant Maersk decides to resume Red Sea voyages“As of Sunday 24 December 2023, we have received confirmation that the previously announced multi-national security initiative Operation Pr...
Shippers mask positions, weigh options amid Red Sea attacksA number of container ships are anchored in the Red Sea and others have turned off tracking systems as traders adjust routes and prices in ...
Shipping giants pause Red Sea route as Houthi attacks intensifyTwo of the world’s largest container shipping lines said on Friday that they were pausing transits through the Red Sea after their vessels ...
Missile fired from rebel-controlled Yemen misses a container ship in Bab el-Mandeb StraitYemen's Houthi rebels fired a missile at a container ship in Bab el-Mandeb Strait, narrowly missing. The rebels threatened further attacks,...
Maersk tankers to insist its ships can avoid the Red SeaHouthi militants, aligned with Iran, are attacking vessels with ties to Israel when they pass through the Red Sea, causing insurance costs ...
Maersk sells last major energy asset as it focuses on logisticsMaersk has been close to selling the Maersk Supply Service before. In 2018 it expected to complete a divestment, citing valuation estimates...
Shipping groups tap algorithms to cut carbon emissionsLast year Maersk Tankers launched standalone business ZeroNorth, which uses algorithms that factor in market rates, future weather conditio...
Tata Motors appoints Hanne Sorensen as independent directorCurrently, a member of board of Ferrovial SA and LafargeHolcim Ltd among others, Sorensen's appointment is effective from January 3, 2018.
Maersk says global IT breakdown caused by cyber attackThe IT breakdown could extend across the company's global operations, a spokeswoman said, but could not say how Maersk's operations were im...