Of the top countries that import oil and gas via the Strait of Hormuz, Japan faces the most direct risk of disruption due to ...

Global logistics and shipping giant Maersk has suspended all new cargo bookings between Bangladesh, along with three other South Asian countries, and select Gulf destinations, citing operational risks ...

The Iran war is renewing concerns about the strategically vital Strait of Hormuz. A prolonged closure could sharply drive up oil prices, experts said.

The new routes will take longer, and some shipping companies are adding a surcharge to compensate for the additional risk, as ...

Maritime intelligence company Lloyd’s List reported on Sunday that no traceable passages have been made by major crude tankers through the Strait of Hormuz since Saturday night.

Maersk is now a focused global shipper and logistics company after divesting its energy and drilling, banking, and towage businesses in recent years. It is investing heavily to build the logistics and ...

Several shipping liners have suspended services through the Red Sea and rerouted them down the Cape of Good Hope due to the escalating conflict in the region.

Located in the gulf between Oman and Iran, the Strait of Hormuz is recognized as one of the world's most important oil choke ...

Oil prices are spiking in the wake of Saturday's strikes, and Iran's multipronged retaliation to the death of its supreme leader.

The world’s largest container carriers are rerouting ships to avoid the Persian Gulf. Read more at straitstimes.com. Read more at straitstimes.com.