By Simon Lewis PANAMA CITY, Feb 2 (Reuters) – The top diplomat in President Donald Trump’s administration, Marco Rubio, began his first foreign visit on Sunday, meeting Panamanian President Jose Raul Mulino to...

By Robert Harvey and Georgina McCartney LONDON/HOUSTON, Feb 1 (Reuters) – U.S. President Donald Trump’s trade tariffs on Canadian and Mexican oil imports will offer European and Asian refineries a competitive advantage...

CAIRO, Jan 31 (Reuters) – Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to the Red Sea, and urged the company to...

President Donald Trump said he would impose tariffs on a wide range of imports, including oil and metals, in the coming months, expanding his plans to enact sweeping trade levies well beyond those set to hit China, Canada and Mexico on Saturday.

Ocean container freight rates are set to decline further in February, influenced by the Middle East ceasefire and Lunar New Year slowdown, despite carriers’ attempts to manage capacity. According to...

The container shipping industry faces major changes as Maersk and Hapag-Lloyd launch their Gemini Cooperation on Saturday, February 1, 2025. This new partnership aims to deliver industry-leading reliability of over...

Despite the muted trading activity since China’s new year holiday began this week, spot rates on most major east-west ocean trades continued to show slight declines.

Norwegian police said on Friday they had seized and boarded a Norwegian ship with an all-Russian crew on suspicion of involvement in causing damage to a telecoms cable in the Baltic Sea, the second vessel to be named by investigators in the case.

German container shipping giant Hapag-Lloyd has reported positive preliminary financial results for 2024, with increased transport volumes and stable freight rates driving improved performance. The company achieved a Group EBITDA...

By Akayla Gardner and Josh Wingrove (Bloomberg) — President Donald Trump said he would follow through on his threat to impose 25% tariffs on imports from Canada and Mexico on Feb....

Panamanian President Jose Raul Mulino on Thursday ruled out discussing control over the Panama Canal in a meeting with U.S. Secretary of State Marco Rubio, who is set to visit the Central American country in his first official trip abroad this weekend.

Eurobulk Ltd. has been ordered to pay a $1.125 million criminal fine and serve four years of probation for violating the Act to Prevent Pollution from Ships (APPS) and falsifying...