Tag - shipping

 
 

SHIPPING

Tugboats pull the Greek tanker Sounion across Egypt's Suez Canal waterway. The tanker — set ablaze by Yemeni rebels with more than a million barrels of oil aboard — has been safely towed through the Suez Canal, the waterway's authority said on March 10. The Sounion was attacked in the Red Sea last August by Yemen's Houthi rebels, catching fire and losing power before its 25-member crew were rescued by a French frigate.
BUSINESS
Mar 24, 2025
Houthi attacks forcing 75% of U.S.-flagged ships to take longer route, U.S. says
The Houthis in Yemen say they have targeted ships in the Red Sea in solidarity with Palestinians since the start of Israel's Gaza war.
Workers at the Cosco Shipping Holding shipyard in Qidong, Jiangsu province, China, on Oct. 8, 2024
BUSINESS / Economy
Mar 24, 2025
Billion-dollar U.S. levies on Chinese ships risk ‘trade apocalypse’
The levies could theoretically generate between $40 billion and $52 billion for U.S. coffers.
A U.S. Navy ship fires missiles at an undisclosed location, after President Donald Trump launched military strikes against Yemen's Iran-aligned Houthis on Saturday over the group's attacks against Red Sea shipping, in this screen shot.
WORLD
Mar 16, 2025
Trump launches large-scale strikes against Yemen's Houthis
The strikes — which could last days and maybe weeks — are the biggest U.S. military operation in the Middle East since Trump took office in January.
Smoke rises from the MV Solong cargo ship on Tuesday, the day after it collided with the MV Stena Immaculate tanker in the North Sea, off the coast of Withernsea, east of England.
WORLD / Crime & Legal
Mar 12, 2025
U.K. arrests cargo ship captain for manslaughter over North Sea crash
The 59-year-old captain was arrested on suspicion of gross negligence manslaughter in connection with the collision involving a tanker chartered by the U.S. military.
Smoke and flames rise from a collision between an oil tanker carrying fuel for the U.S. military and a cargo ship off the northeastern coast of England on Monday.
WORLD
Mar 11, 2025
Tanker hired by U.S. military ablaze off U.K. after hit by container ship
There has been no indication of any malicious activity or other actors involved in the incident, security sources say.
A ship sails through the Panama Canal after Hong Kong's CK Hutchison agreed to sell its interests in a key Panama Canal port operator to a BlackRock-backed consortium on Tuesday.
BUSINESS / Companies
Mar 5, 2025
BlackRock to buy Hong Kong firm's Panama Canal port stake amid pressure
The $22.8 billion deal, coming amid pressure from the White House, will give the BlackRock-backed group control of ports along the strategic waterway and dozens of others.
Maersk shipping containers are stored aboard the ‘Albert Maersk’ in Navi Mumbai, India, on Feb. 28.
BUSINESS / Markets
Mar 3, 2025
U.S. tariffs and easing of Middle East tensions threaten reversal of shipping boom
Global liner rates fell 5.9% sequentially in the week ended Feb. 27, after earlier breaking below $3,000 per 12-meter container for the first time since early May
The Taiwanese Coast Guard detains Togolese-registered, Chinese-crewed cargo ship Hongtai in Penghu, Taiwan, on Tuesday after a subsea telecoms cable was severed off the islands.
ASIA PACIFIC / Politics
Feb 26, 2025
China says Taiwan 'manipulating' undersea cable cutting incident
Taiwan's coast guard said it detained a China-linked cargo ship on Tuesday after a cable to the Penghu Islands was disconnected.
The Togolese-registered ship Hongtai in Penghu, Taiwan. Taiwan detained a Chinese-crewed cargo ship after a subsea telecoms cable was severed off the island, the coast guard said.
ASIA PACIFIC / Politics
Feb 25, 2025
Taiwan detains Chinese-crewed ship after subsea cable cut
It is the latest in a series of Taiwanese undersea cable breakages, with previous incidents blamed on natural causes or Chinese ships.
A Chinese ship, the bulk carrier Yi Peng 3, is anchored and monitored by a Danish naval patrol vessel (unseen) in the sea of Kattegat, near the City of Granaa in Jutland, Denmark. Denmark's navy said on November 20, 2024 it was shadowing a Chinese cargo vessel in the Baltic Sea, a day after Finland and Sweden opened investigations into suspected sabotage of two severed undersea telecoms cables.
WORLD
Feb 25, 2025
Damage to Baltic Sea telecoms cable may have occurred in January
Swedish and Finnish police said they were investigating a suspected case of sabotage of the C-Lion1 cable running along the seabed from Finland to Germany.
The drop in domestic shipments of paper and paperboard in 2024 came as newspaper publishers ended evening editions and the trend of reducing paper use in offices continued.
BUSINESS
Feb 21, 2025
Japan's domestic paper shipments hit 39-year low in 2024
The drop came as newspaper publishers ended evening editions and the trend of reducing paper use in offices continued.
Laborers at a shipyard on the outskirts of Dhaka. Worker deaths, injuries and exposure to hazardous substances are common in the ship-breaking industry, as is environmental harm with toxic chemicals seeping into the beach and water, harming marine life.
ENVIRONMENT / Sustainability
Feb 19, 2025
Shipyards of Bangladesh brace as heavy emitting ships near end of life
Worker deaths and environmental harm are common in yards where vessels that have supplied richer nations are dismantled for scraps that can be used in manufacturing.
U.S. Secretary of State Marco Rubio addresses employees and families during a meet-and-greet at the United States Embassy in Panama City, on Sunday.
WORLD / Politics
Feb 3, 2025
Rubio tells Panama to end China's influence of canal or face U.S. action
Panama's President Jose Raul Mulino signaled he would review agreements involving China and Chinese businesses.
Institutional security officers stand during a ceremony to celebrate the 25th anniversary of the United States ceding control of the Panama Canal to the government of Panama in 1999, in Panama City on Dec. 31, 2024.
WORLD / Politics / ANALYSIS
Feb 1, 2025
Why the U.S. is claiming China’s presence violates the Panama neutrality treaty
U.S. President Donald Trump vowed to take back the waterway during his Jan. 20 inauguration speech, falsely claiming that China is operating it.
At a news conference regarding the joint delivery service, Yamato Holdings President Yutaka Nagao (left), and Fujitsu President Takahito Tokita (right) pose for a photo on Monday in Tokyo's Chiyoda Ward.
BUSINESS / Companies
Jan 28, 2025
Yamato and Fujitsu to launch more efficient delivery service
The two companies aim to optimize deliveries across industries by loading packages from various clients onto a single truck and improving loading rates.
Swedish Coast Guard vessel KBV033 (right) and vessel Vezhen are anchored outside Karlskrona, Sweden, on Saturday.
WORLD
Jan 28, 2025
Sweden seizes ship suspected of sabotage in Baltic Sea
Sabotage has not been confirmed, but many policymakers suggest activity could be malicious.
NATO naval vessel A803 is docked at the Ofelia Plads in Copenhagen Harbor, in Copenhagen on Sunday.
WORLD / Crime & Legal
Jan 27, 2025
Sweden opens sabotage probe into Baltic undersea cable damage
There have been a string of incidents in which power cables, telecom links and gas pipelines have been damaged in the wake of Russia's invasion of Ukraine in February 2022.
A tug boat assists an oil tanker to its berth at the Port of Long Beach in California on June 17, 2024.
WORLD / Politics
Jan 21, 2025
Oil tankers backlog grows at vital Russian port after sanctions
History shows that U.S. sanctions have bitten the tankers that move Russian oil hard.
Cook Islands-registered oil tanker Eagle S is seen anchored near the Port of Kilpilahti in Porvoo, on the Gulf of Finland, on Monday.
WORLD / Crime & Legal
Jan 14, 2025
Oil tanker crew were poised to cut more cables when caught, Finland says
The Eagle S vessel carrying Russian oil is suspected of damaging the Finnish-Estonian Estlink 2 power line and four telecoms cables by dragging its anchor across the seabed.
The decrease in sales of imported foreign-brand vehicles in Japan in 2024 was apparently because of Houthis attacks on ships that disrupted commercial shipping and rising materials costs that sent vehicle prices higher.
BUSINESS / Economy
Jan 9, 2025
Japan sales of foreign-brand vehicles fall 8.5% in 2024
Sales of foreign-brand vehicles priced lower than ¥4 million plunged 28.6%, while sales of those priced between ¥4 million and less than ¥10 million dipped 2.2%.

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The sun shines from behind a waving Philippine flag at the Manila American Cemetery and Memorial.
Eighty years after the Battle of Manila, old foes forge new ties