Add Yahoo as a preferred source to see more of our stories on Google. “We’re sweeping the strait,” he added in reference to the shipping route, and called negotiations “very deep”. While the United ...
Why go around when you can go through? For more than a century that has been the prevailing attitude when it comes to shipping goods around the world. Now, a combination of geopolitical posturing, ...
All three vessels were operated by an Omani shipping company and identified themselves as Omani. Experts suggest this could ...
Add Yahoo as a preferred source to see more of our stories on Google. The silhouettes of the container cranes in the Port of Balboa in Panama City on Feb. 24, 2026. Martin Bernetti/ AFP via Getty ...
Rising temperatures are melting the Arctic ice, opening new shipping routes and prompting world powers to jostle for access and control. In January, China announced intentions to establish a permanent ...
The US will enforce a maritime blockade on Iranian ports from April 13 after talks with Tehran collapsed over nuclear issues.
U.S. enforces blockade on Iranian ports starting April 13, escalating Gulf tensions but keeps Hormuz Strait open. Global oil market on alert.
The Russian Navy depends heavily on its submarine fleet, including its advanced Yasen-M class boats, to protect sea lanes and demonstrate power projection capabilities. The Black Sea Fleet gained six ...
Global shipping companies looking for safer routes are turning to the Cape of Good Hope, a much longer, more expensive ...
The growing unreliability of sea trade routes like the Strait of Hormuz and the Bab al Mandeb Strait necessitates the development of alternative paths like the Zangezur Corridor, experts say.
Global trade does not collapse with explosions. It slows down quietly rerouted ships, rising insurance costs, delayed cargo, ...
POSORJA, Ecuador--(BUSINESS WIRE)--Earlier this week, DP World in Posorja, Ecuador welcomed the first of three key service routes for Maersk. Maersk recently announced that beginning in January 2024, ...