Russian-Flagged Tanker Carrying Nearly 100,000 Tonnes of China-Bound Crude Loses Propulsion in Turkish Waters
On September 5, the Russian-flagged crude oil tanker Pioneer 1 suffered an engine failure and began drifting near the Sea of Marma
Houthi Strikes Hit Saudi Energy Facilities, Renewing Red Sea Concerns
On September 8, Yemen’s Houthis launched drone and missile attacks against multiple targets in southern Saudi Arabia, including Ab
U.S. Spot Rates Near USD 10,000 While Schedule Reliability Drops to 29.4%
Container spot rates on U.S. trades have continued to climb since the beginning of September, with the Shanghai–New York rate reac
Amazon Prime Air Freighter Overruns Runway as Two Miami Airport Runways Remain Closed
On September 6, a Boeing 767 operating an Amazon Prime Air cargo flight overran the runway while landing at Miami International Ai
T.S. Lines' First-Half Profit Rises 23.3% as Middle East Revenue Surges 130% and Red Sea Services Generate USD 13 Million
T.S. Lines reported lower volumes but higher earnings for the first half of 2026. Although its container volume edged down, both r
Israel Gives Hapag-Lloyd and FIMI 30 Days to Revise ZIM Acquisition Plan
Israel has given Hapag-Lloyd and Israeli private equity firm FIMI around 30 days to revise their proposed acquisition of ZIM, inst
