Exporters fear higher logistics and insurance costs due to the Middle East conflict, warning that shipment delays and rising freight rates may disrupt trade and strain margins.
The company said passage through the Suez is suspended until further notice and ships will be rerouted around the Cape of Good Hope.
French shipping group CMA CGM issued a statement Saturday asking its vessels in the Gulf to "take shelter" and suspending any ...
Oil companies like Exxon Mobil (XOM) and Chevron (CVX) may benefit from higher oil prices, but gains depend on supply ...
Two ports run for years by a Hong Kong-based company at either end of the Panama Canal have thrust Panama into a geopolitical ...
The shift comes in reaction to the growing possibility of a military confrontation between the United States and Iran.
The 126-metre-long ship went down with all its cargo when it was bombed in World War II. Now its trucks and motorbikes are home to barracudas, sea turtles and reptilian-looking crocodilefish.
Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, reported the following ...
With its massive maritime cargo capacity and strategic location, Türkiye could serve as secure alternate perimeter for EU, US trade, says sector representative - Anadolu Ajansı ...
The Board of Peace is openly evolving into a forum for courting American support and investments. This is speeding up Eurasia's logistics revolution.
If Israel and the US attack Iran, the cosy worlds of Europe, Australia and New Zealand could be swept up in an economic catastrophe. Should the Iranians survive a terrifying onslaught, they have vowed ...
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