The price of Iranian crude oil sold to China has risen to the highest in years as fresh U.S. sanctions have tightened shipping capacity and driven up logistics costs, trade sources and
EUKOR inks “historic” $4.2BN contract with Hyundai and Kia
EUKOR Car Carriers, part of the Wallenius Wilhelmsen group, reports that has renewed its contract with Hyundai Motor Group members Hyundai Motor Car and Kia Motor Car corporations, increasing both duration and
Italy delegates authority to ABS for ISPS audits
ABS will deliver audits of the International Ship and Port Facility Security Code (ISPS Code) on behalf of the Italian flag administration from January 1, 2025, following an agreement signed at Italy’s
Baltic Index Logs Worst Year since 2014
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, inched up on Tuesday but recorded its worst year since 2014, hurt by weaker rates
Most-read commentaries 2024
How deeply rooted are China’s economic woes? By Nicholas Borst China’s economy has continued to struggle in 2024, laying to rest any remaining hopes of a strong post-pandemic recovery. Instead…
Trump names Panama Envoy, Talks Tough on Panama Canal
U.S. President-elect Donald Trump has picked Miami-Dade County Commissioner Kevin Marino Cabrera to serve as ambassador to Panama after having threatened for the U.S. to reassert control over the Panama Canal it
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