The Drewry World Container Index fell 5% to $1,859 per 40-foot container this week, marking the first weekly decrease after four consecutive weeks of gains… Weiterlesen »Container Freight Rates Drop as Holiday Demand Wanes, But Red Sea Uncertainty Looms

By Bloomberg News (Bloomberg) — The International Energy Agency said there’s “considerable downside risk” to its outlook for Russian crude production from US sanctions, but… Weiterlesen »IEA Sees Big Downside Risks to Russia Oil Output From Sanctions

Hapag-Lloyd AG delivered solid third-quarter results despite navigating volatile freight rates and a challenging geopolitical landscape, with the German shipping giant posting Group EBITDA of… Weiterlesen »Hapag-Lloyd Delivers Solid Q3 as Gemini Costs Weigh on Earnings

U.S. Secretary of State Marco Rubio on Wednesday pushed back against criticism from some U.S. allies over the legality of the U.S. strikes in the… Weiterlesen »Rubio Dismisses Criticism of U.S. Caribbean Strikes at G7 Meeting

Global oil and gas demand could grow until 2050, the International Energy Agency said on Wednesday, departing from previous expectations of a speedy transition to… Weiterlesen »World Oil and Gas Demand Could Grow Until 2050, IEA Says

Maritime services provider Crowley has launched mooring operations at the ports of Los Angeles and Long Beach, marking a strategic expansion of its West Coast… Weiterlesen »Crowley Expands Mooring Operations to Nation’s Busiest Port Complex

The CMA CGM Group has signed a term sheet to acquire a 20% stake in EUROGATE Container Terminal Hamburg, marking a significant expansion of the… Weiterlesen »CMA CGM Strengthens European Hub Strategy with 20% Stake in Hamburg Terminal

The U.S. Department of the Treasury has imposed sanctions on 32 individuals and entities operating across eight countries in a coordinated effort to disrupt Iran’s… Weiterlesen »U.S. Widens Sanctions in Global Crackdown on Iran’s Missile and Drone Networks

China is stepping up its efforts to import US-sanctioned Russian gas, building the beginnings of a domestic “shadow fleet” of vessels that can transport the… Weiterlesen »China Ratchets Up Efforts to Import Blacklisted Russian LNG

The livestock carrier Spiridon II remains quarantined off Band?rma, Turkey, 54 days after departing Uruguay, with approximately 2,853 cattle and 20 crew members trapped aboard… Weiterlesen »52-Year-Old Livestock Carrier Stranded Off Turkey With Nearly 3,000 Cattle Aboard