Tanker Grounded off Oman for Over a Month as Oil Spill Spreads Across More Than 2,000 Square Kilometers, Renewing Concerns over "Shadow Fleet" Risks
A tanker carrying approximately 800,000 barrels of Russian crude oil has become the source of a serious marine pollution incident
U.S. East Coast Ocean Freight Rates Near $9,000 as Iran and Oman Announce a New Transit Plan for the Strait of Hormuz-Where Are Rates Headed in the Second Half of the Year?
Changes to vessel traffic through the Strait of Hormuz continue to affect the global container shipping market. Iran recently reit
P&I Clubs Tighten Red Sea War-Risk Cover Again as Excluded Areas Expand from August 16
Shipping risks in the Red Sea are once again affecting the insurance market. Several international protection and indemnity clubs
Q2 2026 Container Shipping Earnings: Evergreen Earns NT$16 Billion; Wan Hai's Profit Surges 972% and Yang Ming's Rises 482%
The Asian container shipping market recorded a strong recovery in the second quarter of 2026. Taiwan’s three major container carri
Explosion at Port of Rotterdam Kills One and Injures Six; Overall Port Operations Continue
A safety incident has occurred at Europe’s largest logistics and energy hub. At approximately 11:30 a.m. local time on August 13,
Q2 2026 Carrier Earnings: Maersk and CMA CGM Strengthen, While Higher Costs Weigh on Hapag-Lloyd's Profit
One clear change in the global container shipping market in the second quarter of 2026 was that cargo volumes and freight rates im
