The core finding of DP World’s new Global Trade Observatory (GTO) Annual Outlook Report 2026 is that while global trade outlook looks fragile, business confidence does not. Ninety-four percent of respondents expect 2026 trade growth to match or exceed the pace of 2025…
Freight rates for tankers to ship Urals crude from Russia’s western ports to India have risen this month, as bad weather made fewer vessels available, disrupted loading and unloading and the cost of insuring for war risks increased, industry sources told Reuters on Friday…
Danish shipping firm Maersk said on Monday that another of its vessels successfully navigated the Red Sea and Bab el-Mandeb Strait, weeks after it tested the route as a ceasefire in Gaza raised hopes for normal shipping traffic.'On 11-12 January 2026…
Russia attacked two seaports in Ukraine's Odesa region on Wednesday, killing one person and injuring eight others, Ukrainian officials said.Russia has repeatedly attacked Ukraine's ports and foreign-flagged vessels sailing from them in recent weeks…
Two vessels from CMA CGM, the world's third-largest container shipping line, have travelled through the Suez Canal, the authority that runs the waterway said on Tuesday, in a sign the disruptions linked to the Gaza war could be easing.While…
Egypt's Suez Canal revenues rose 14.2% year-on-year between July and October, the canal authority said on Tuesday, citing calmer conditions in the Red Sea after a ceasefire in Gaza and a pick up in traffic through the vital waterway.Yemen's…
Small importers for large U.S. retailers rushed in China-made strollers and wares meant for spring and are storing the goods in their own warehouses to avoid the big tariff bills that had been threatened over the next month.Before Sino-American…
Descartes has released its September Global Shipping Report, which analyzes the latest economic and logistics trends shaping U.S. imports and global trade.According to data from Descartes’ global trade intelligence platform, Descartes Datamyne:U…
Europort 2025 is gearing up for conversations around ship finance for specialized vessels, at a time when rapid change and widespread uncertainty in the offshore wind market are undermining the case for the newbuildings the industry needs to fulfill its current commitments…
Canada's merchandise trade deficit widened in August to C$6.32 billion ($4.53 billion), its second highest on record, as exports both to the U.S. and the rest of the world fell, data showed on Tuesday.The August data had been expected to show a more permanent impact of U…
The shipping industry is experiencing major volatility amid rising geopolitical tensions and disruptions caused by a wave of new tariffs, according to a report published on Wednesday by the U.N. Trade and Development agency.Due to an increasingly complex and uncertain global trade environment…
Spain on Monday banned ships and aircraft carrying weapons to Israel from calling at Spanish ports or entering its airspace due to Israel's military offensive in Gaza, measures the Israeli foreign minister denounced as antisemitic.Spain, which…
Commercial ships are sailing close to Oman and are being advised by maritime agencies to avoid Iran's waters around the Strait of Hormuz, with the risk of the conflict between Israel and Iran escalating, shipping sources said on Wednesday.Iran…
Japan's second-largest shipping company, Mitsui O.S.K. Lines (MOL), is operating as usual in the Gulf while closely monitoring the situation in the region, CEO Takeshi Hashimoto said on Tuesday.'We are operating so many containers, car carriers and chemical tankers so that it is very…