A South Korean container ship has completed the country’s first commercial round trip to Europe through the Arctic, arriving at the southeastern port of Busan on Sunday after a 50-day voyage that
Iran announced on Saturday that it had seized a foreign oil tanker in the Gulf of Oman suspected of carrying smuggled fuel, according to the semi-official Fars news agency. Mojtaba Ghahremani, chief
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Hambantota International Port (HIP) has reported a remarkable surge in cargo volumes, reaching over 6 million metric tons by September 2025, representing a 151 percent increase compared to the same period last
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A liquefied natural gas tanker reportedly helping Russia bypass U.S. sanctions has been caught faking its location, according to satellite imagery analyzed by Bloomberg News. The CCH Gas vessel, registered to an
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Last Christmas, the tanker Yug left the Chinese port of Qingdao after offloading 2 million barrels of Iranian oil under sanctions. In the icy waters near the Arctic, another vessel carrying Russian
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Germany’s industrial legacy is under renewed scrutiny as Klaus-Michael Kuehne, the billionaire majority owner of logistics giant Kuehne + Nagel, faces questions over his company’s Nazi-era history. The Financial Times reports that
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China’s push into the Northern Sea Route (NSR)—the Arctic shipping lane stretching along Russia’s northern coast—has reignited debate over the safety, environmental impact, and commercial viability of the high-latitude shortcut. While the
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The world’s maritime transport sector, which carries more than 80 percent of global trade, is facing mounting pressures as growth slows, freight rates remain volatile, and geopolitical tensions reshape shipping routes. According
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India has identified 50 public-private partnership (PPP) projects worth more than $7.2 billion, surpassing the original targets of the National Monetisation Pipeline, Ports, Shipping, and Waterways Minister Sarbananda Sonowal said at the
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On the shores of Geoje, South Korea, Hanwha Ocean Co.’s vast shipyard is bustling with activity as sparks fly from welding torches and giant steel blocks await assembly into tankers, LNG carriers,
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Singapore-based container shipping group SeaLead has denied ties to the Iranian regime after U.S. sanctions forced it to withdraw a third of its fleet from service, according to the Financial Times. The
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A sweeping U.S. plan to levy steep port fees on Chinese-built and Chinese-owned ships is reshaping global shipping routes, with many carriers already pulling such vessels from American ports months before the
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CK Hutchison Holdings, the Hong Kong-listed conglomerate controlled by billionaire Li Ka-shing, saw its interim profits tumble 92% in the first half of 2025, weighed down by one-off costs linked to its
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China’s state-owned shipping giant Cosco is aiming to secure a 20-30 percent stake in a $23 billion deal involving key global port assets, including strategic holdings near the Panama Canal, as Beijing
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Hong Kong tycoon Li Ka-shing’s CK Hutchison Holdings is facing mounting legal and geopolitical pressure as the Panamanian government moves to challenge the legitimacy of its long-standing ports contract, prompting concerns over
More CK Hutchison, the Hong Kong-based conglomerate controlled by billionaire Li Ka-shing, is courting a major Chinese investor to join a $23 billion global ports deal backed by BlackRock and Swiss-Italian shipping giant
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