The world has witnessed crude disruption which will lead to significant oil prices spike as major global shipping companies, Maersk and MSC, major global shipping companies, suspended operations in ...

Lloyd, CMA CGM and others were rerouting vessels around the southern tip of Africa to avoid the Suez Canal and Strait of ...

Iran’s security chief Ali Larijani has ruled out talks with Washington as regional tensions surge, with clashes involving ...

Maersk has suspended sailings through the Strait of Hormuz due to safety concerns amid US-Iran tensions and recent attacks on vessels. The company warned of potential delays and adjustments to ...

Maersk, the major container shipping company, said Sunday it was halting passage through the Suez Canal and the narrow Strait ...

Global shipping giant Maersk is rerouting cargo bound for the Suez Canal to the Cape of Good Hope at the southern tip of the African continent instead amid the conflict in the Middle East region. The ...

Oil producers relying on the Strait of Hormuz for exports greatly increased supply through the congested waterway, with ...

Major shipping lines Maersk and MSC announce a Gulf shipping suspension, halting all vessel crossings in the Strait of Hormuz due to security threats.

Danish shipping company Maersk said on Sunday it was halting passage through the narrow Strait of Hormuz in the Gulf of Oman, next to Iran, for "safety" reasons.

Denmark's shipping and container giant Maersk said on Sunday it was halting passage through the narrow Strait of Hormuz in the Gulf, next to ...

Shipping companies Maersk , Hapag-Lloyd and CMA CGM are rerouting vessels around Africa, away from the Suez Canal and the Bab el-Mandeb Strait, after U.S. and Israeli strikes on Iran and the closure ...