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, ...
26 Apr, 2026, 06.49 AM IST
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...
31 Mar, 2026, 09.08 PM IST
Oil and gas majors and traders suspend shipments via Hormuz, sources sayOil tanker operators, energy companies and trading houses have suspended crude, fuel and LNG shipments through the Strait of Hormuz after U...
01 Mar, 2026, 06.29 AM IST
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...
11 Jan, 2026, 06.27 AM IST
China eyes Arctic shortcut as top container lines stay awayChina explores the Northern Sea Route for cargo. Major shipping companies like MSC and Maersk avoid this Arctic passage. They cite environm...
04 Oct, 2025, 10.06 AM IST
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...
20 Jul, 2024, 01.47 PM IST
Business heads fear lasting bottlenecks from Red Sea crisisAttacks by the Iran-allied Houthi militia on ships in the region since November have slowed trade between Asia and Europe and alarmed major...
17 Jan, 2024, 10.43 PM IST
Half of Red Sea container fleet avoids route after attacksThe tally compiled by Flexport Inc. shows 299 vessels with a combined capacity to carry 4.3 million 20-foot containers have either changed ...
29 Dec, 2023, 10.13 AM IST
Shipper Hapag-Lloyd says Red Sea route still too dangerousThe incidents have struck everything from oil tankers to container vessels, pushing shipowners to avoid the route.
28 Dec, 2023, 09.50 AM IST
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...
24 Dec, 2023, 10.16 PM IST
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 ...
16 Dec, 2023, 10.12 AM IST
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,...
15 Dec, 2023, 11.05 AM IST
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 ...
15 Dec, 2023, 09.23 AM IST
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...
21 Mar, 2023, 09.58 AM IST
Suez Canal crisis: Expect freight rates to spike further, caution industry expertsAfter being hammered by a container shortage, skyrocketing shipping costs is the latest headache for Indian exports.
27 Mar, 2021, 11.01 AM IST
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...
04 Mar, 2021, 10.01 AM IST
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...
27 Jun, 2017, 10.13 PM IST