Exports of crude from the Saudi port of Yanbu are surging as the kingdom uses pipeline volumes to avoid Houthi attacks on ...

Europe is falling behind its own ambitious targets for offshore wind power, hindered by rising costs, red tape and inadequate ...

The ‘new normal’ of ocean shipping disruption is good news for feeder operators, which have been growing their fleets rapidly ...

Hapag-Lloyd raised full-year earnings guidance as it continues to ride the wave of strong demand and higher freight rates.

Additionally, Maersk increased its forecast for global container market volume growth to approximately 6% for 2024, up from ...

Iran says Saudi Arabia will take part in joint military exercises in the Red Sea, a historic first for the former regional rivals who only just mended their diplomatic relations last year.

Strong third-quarter volumes have the world’s second-largest ocean container line upgrading its forecast for higher full-year ...

The exercises were announced by Iranian Admiral Shahram Irani, although Riyadh has yet to confirm the announcement.

Danish shipping group Maersk raised its guidance for 2024 results, mainly on its strong 3Q24 results, robust demand and continued disruptions to the Red Sea shipping industry. Buoy... Maersk's ...

The carrier attributes the bump to its third-quarter results, strong container market demand and ongoing Red Sea diversions.

The world’s second-biggest liner raised its outlook for the fourth time this year after posting a surge in revenue and ...

A.P. Moller-Maersk A/S, a bellwether for global trade, increased its full-year guidance for a fourth time in less than six ...