The Baltic Exchange's dry bulk freight index fell on Wednesday as weaker Capesize rates outweighed gains in the Panamax and supramax segments. The main Baltic index fell eight points, or 0.3 per cent, to 2,994 points, its lowest level since…
The German Government has blocked the sale of logistics firm Zippel to Chinese state-owned shipping group COSCO over security concerns, the economy ministry said on Wednesday."The acquisition would have deepened dependencies and jeopardised the resilience of Germany's and the EU's…
South Korea's presidential office on Wednesday dismissed a Ukrainian report that Russia has imported petroleum products from South Korean ports, calling the accusation inappropriate.Ukraine's top sanctions official, Vladyslav Vlasiuk, said on Tuesday the shipments had eased the impact of a…
The Federal Bureau of Investigation (FBI) and US Coast Guard investigators found that hackers briefly accessed a digital system connected to VL Prosperity’s propulsion while the fully laden tanker was nearing the Texas coast this summer.
Transit routes in the Strait of Hormuz deemed illegal by Iran will soon be closed, an adviser to the Revolutionary Guards' Commander told the semi-official Fars News Agency on Wednesday, referring to the southern pathway hugging Oman's coast.Mohammadreza Naqdi said…
Attacks on tankers sailing through the Strait of Hormuz hit their highest last week of any week since the Iran war began, according to maritime security sources tracking incidents, amid a bigger export push by Persian Gulf producers.Attacks, attempted attacks…
