Pomellato to Stage Paris Exhibit
Ocean carriers
Ships Stack Up at Hormuz Entrance as U.S. Denies Report of Navy Escorts
As Iranian brass maintains mixed messaging on whether the country will levy tolls for vessels to pass…
Iran Moves Toward Formal Strait of Hormuz Toll System
Tehran's proposed Hormuz transit framework would require vessel declarations, approvals and payments as…
Freight Rates Spike Double Digits as China Scrutinizes Ocean Carriers
As Drewry's WCI jumped 12 percent this week, China's transport ministry fined and warned major container…
Hapag-Lloyd Flags Weak Quarter, Expects ‘Fairly Normal’ Peak Season
The ocean carrier's liner shipping revenue fell 18 percent as lower rates, flat volumes and Middle East costs…
A Bed Bath & Beyond Shipping Dispute Is Now a Constitutional Crisis for the FMC
OOCL's lawsuit challenging the FMC's authority to hear Shipping Act cases is the first of its kind, and could…
Maersk Faces $500 Million in Extra Monthly Costs Due to Iran War
The carrier is passing added costs to customers through surcharges and higher spot rates, and warns the…
Maersk Ship Clears Hormuz Under US Escort as MSC, Hapag-Lloyd Pivot Routes
The U.S.-Iran ceasefire endured its biggest stress test Monday, but carriers are finding ways to operate…
Hormuz ‘Opening’ Proposal Faces Skepticism as Iran Seeks End to US Blockade
While Iran's proposal would pause attacks on vessels, the Trump administration is extending a Jones Act…
Iran Detains Two MSC-Operated Vessels in Hormuz, Fires on Another Ship
The vessel seizures follow last weekend's temporary easing of transit conditions in the strait, when four…
‘Right Back Where We Started’: CMA CGM Ship Hit as Hormuz Attacks Resume
Analysts warn shipping risks through the conduit are at their highest level yet after this weekend's vessel…
‘Do Not Hesitate’: Shippers Urged to Lock in Lower Contract Rates Despite Hormuz Disruptions
With contract season coming to a close, overcapacity is keeping pricing negotiable for importers and…
Trump Threatens to Blockade Strait of Hormuz After Failed Iran Peace Talks
An irate President Donald Trump has ordered the U.S. Navy to blockade the Strait of Hormuz, choking off the…
After Iran War Ceasefire, Ocean Carriers Uncertain of Hormuz Return
Carriers remain cautious about the fragile state of the Strait of Hormuz, with Hapag-Lloyd saying it would…
CMA CGM Vessel Navigates Hormuz as Crisis Remains ‘Localized’
A Drewry analyst says shippers "should not panic" regarding freight rate increases, which are most prominent…
Amazon Imposes Fuel Surcharge on Sellers as War-Driven Costs Mount
The 3.5 percent fuel surcharge comes as Maersk battles with the FMC on how quickly it can passes off its own…