China's COSCO Shipping Specialised Carriers Group reported operating revenue of CNY14.45 billion ($2.12 billion) for the first half of 2026, up 34.07 per cent from the same period in 2025.
Klaus-Michael Kühne, majority owner of German logistics giant Kühne + Nagel and a major investor in Hapag-Lloyd, has died at the age of 89. Kühne started out in shipping during the late 1950s, at the dawn of the containerized-freight revolution.
MSC Mediterranean Shipping Company confirmed in an operational announcement to customers that it has started a resumption of service in the Red Sea and is transiting the Suez Canal for its East-West services.
The foreign minister of Oman announced Tuesday that talks with Iran on the joint management of a Strait of Hormuz shipping corridor were proceeding well, despite repeated Iranian attacks on neutral merchant vessels in Omani waters – including one as…
Canada is pushing forward with plans to diversify its trade and double exports to non-US markets, and three new studies have confirmed that extended navigation periods in the Hudson Bay are now possible.
Yemen's Iran-aligned Houthis attacked a vessel off Saudi Arabia’s port city of Yanbu in the Red Sea, the group's military spokesperson Yahya Saree said in a televised speech on Monday.Saudi Arabia's national shipping company Bahri later said one of its…
