Idled Ships, Empty Containers. Ocean Shipping Faces Its Biggest Slump in Years.

[ad_1] LONG BEACH, Calif.—Global shipping executives are wrestling with plunging exports, falling freight rates and mounting suspense over whether the industry is headed for a price war in a reversal…

Sanctions Net Widens to Catch Russia’s Middle East Shipping Company

[ad_1] Markets EU’s latest measures target Sun Ship, a Dubai unit of Russian state-owned tanker firm that brings in 70% of Russia’s energy revenue [ad_2] Source link

Sanctions Net Widens to Catch Russia’s Middle East Oil Shipper

[ad_1] Markets EU’s latest measures target Sun Ship, a Dubai unit of Russian state-owned tanker firm that brings in 70% of Russia’s energy revenue [ad_2] Source link

World Trade Weakens, but Maersk Will Float On

[ad_1] Maersk’s outlook on global trade confirms that stormy seas are waiting, but the stock is well positioned once conditions improve. [ad_2] Source link

Travel Stocks Soar After Pandemic Struggles

[ad_1] Listen to article (2 minutes) The travel industry is making a comeback from Covid-19. Stock prices are going along for the ride. Consumers have flocked to the skies, after…

Upstart Indian Shipper Helps Get Russian Oil to Market

[ad_1] World Gatik Ship Management, which took control of 25 tankers after the invasion of Ukraine, now shuttles Russian crude along new trade routes [ad_2] Source link

Russia’s War on Ukraine Changed Global Oil Trade. Here Is What It Looks Like Now.

[ad_1] Listen to article (2 minutes) Russia’s war on Ukraine has redrawn the global oil map, rerouting a fleet of skyscraper-size tankers on longer voyages as they shuttle crude shipments…

Maersk and MSC to End 2M Global Shipping Alliance

[ad_1] The world’s two biggest shipping lines said they would end their vessel-sharing partnership in 2025, a move that would shuffle a lineup of global alliances as demand for trade…

Russian Ship’s Secretive South Africa Stop Prompts U.S. Questions

[ad_1] World Africa The Lady R and its owner are under Washington sanctions for alleged weapons shipments [ad_2] Source link