MSC says diverting vessels from the region would extend transit times and disrupt established liner schedules.

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The charge has been set at $1,500/TEU for standard containers and $3,500/TEU for reefer containers and special equipment.

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 ...

The missiles moved first. The insurance market moved faster. When U.S. and Israeli military strikes against Iran began on February 28, the immediate focus was geopolitical escalation. Within hours, ...

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

Jebel Ali, the world’s busiest container port outside of Asia, had a fire at one of its berths caused by falling debris from ...

Unclear who fired projectiles and drones that hit ships; over 200 vessels drop anchor around Strait of Hormuz, closed by Iran ...

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

Though the conflict is centered on the Persian Gulf, shipping companies fear that the Iran-backed Houthi militia in Yemen ...

LEGO sets spanning 12 themes are available for purchase as of March 1, with plenty more being set to follow later this month.

By Julian Lee, Weilun Soon and Alex Longley OIL and gas shipping remains largely paused in the Strait of Hormuz that links ...