Uncertainty Returns to Red Sea as CMA CGM Reverses Course, Threatening Supply Chain Stability
French carrier’s U-turn on Suez transits jolts shipper confidence and reopens questions about whether Red Sea stability is real—or just another false dawn.
French carrier’s U-turn on Suez transits jolts shipper confidence and reopens questions about whether Red Sea stability is real—or just another false dawn.
By Lucia Kassai (Bloomberg) — Commodities trader Vitol Group loaded its first oil cargo from Venezuela’s shore-based storage tanks, a move set to help
Palantir leaders said the U.S. technology company has clinched a large deal to sell more software to HD Hyundai 267250.KS, ramping up its heavy-industry work
A lawyer for a Chinese captain of a Hong Kong-registered ship alleged to have damaged undersea cables in the Baltic Sea said on Tuesday 18 witnesses would
Tankers have begun discharging Venezuelan crude at Caribbean islands, publicly signaling their activity in a move that marks a new trade order after US exerted
The U.S. Department of the Treasury has taken a major step in its campaign against Houthi financing by directly sanctioning ship captains who delivered
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The sanctioned shadow fleet tanker Hyperion has entered the Bay of Biscay and is now heading northeast toward the English Channel. The vessel is one of just a
Tankers have begun discharging Venezuelan crude at Caribbean islands, publicly signaling their activity in a move that marks a new trade order after US exerted
Shipping group CMA CGM will re-reroute vessels on three of its services away from the Suez Canal due to global uncertainties, it said on Tuesday, reining in
A Florida harbor pilot has died following a tragic accident while disembarking from a vessel in Panama City on January 12, 2026. Captain Brady, 46, fell from a
The European Union and the United Kingdom have tightened the screws on Moscow’s oil income, lowering the price cap on Russian seaborne crude to $44.10 per
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Italian authorities have seized a Tuvalu-flagged vessel carrying 33,000 tons of Russian iron in Brindisi, marking the latest enforcement action in
China and Canada are pushing to expand energy deals, with Prime Minister Mark Carney’s government looking to sell more oil and gas to the Asian economic
TKMS AG& Co KGaA Chief Financial Officer Paul Glaser said the crisis unfolding over Greenland might help the company’s chances of winning a multi-billion
The EU received 207 LNG cargoes from Yamal LNG in 2025, down 10 from 217 shipments in 2024, new data show. The figures highlight how little trade flows have
By Mark Chediak Jan 18, 2026 (Bloomberg) –President Donald Trump’s campaign against offshore wind power in the US sustained major setbacks
Jan 18 (Reuters) – Libya will on Sunday sign a strategic partnership with international firms to expand and develop the Misurata Free Zone, attracting
By David Stanway SINGAPORE, Jan 17 (Reuters) – A landmark global treaty to safeguard biodiversity in the high seas came into effect on Saturday,
PANAMA CITY, Jan 16 – Panama’s port traffic rose 3.6% in 2025 to 9.9 million TEU containers compared to the previous year, the
SHANGHAI, Jan 17 (Reuters) – China’s military said it had followed and monitored the transit of guided-missile destroyer USS Finn and
The US State Department has approved a potential foreign military sale to design and build infrastructure for Peru’s main naval base, which is located less
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A quiet but decisive shift is taking place in the race to decarbonise global shipping, and it is unfolding not in Asia’s massive shipyards or the
A federal judge on Friday cleared U.S. power company Dominion Energy D.N to resume work on its Virginia offshore wind project, the third legal blow this
Cargill has taken delivery of its first green-methanol dual-fuel dry bulk vessel, a milestone in the agricultural giant’s push to cut emissions and test
The US criticized South Africa for allowing Iran to participate in naval drills off the coast of Cape Town, after conflicting reports about the Islamic
Military Sealift Command last week wrapped up cargo loadout operations in Port Hueneme, California, for Operation Deep Freeze 2026, sending the Dutch-flagged
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