Global warehouse energy cost up in Q1 2026

Global warehouse energy cost up in Q1 2026

Warehouses around the world incurred higher energy cost in the first quarter…
IMO stresses freedom of navigation in Hormuz, calls for conflict de-escalation

IMO stresses freedom of navigation in Hormuz, calls for conflict de-escalation

The International Maritime Organization Council reaffirmed the importance of protecting freedom of…
IMO halts seafarer evacuation after Iran attacks ship in Hormuz

IMO halts seafarer evacuation after Iran attacks ship in Hormuz

Evacuation of seafarers stuck in the Persian Gulf has been halted after…
Evacuation of seafarers set as IMO confirms safe navigation in Hormuz

Evacuation of 11,000 seafarers set as IMO confirms safe navigation in Hormuz

Around 11,000 seafarers will be evacuated soon as the International Maritime Organization…
Shipping recovery at least 3 months away in best peace scenario

Shipping recovery at least 3 months away in best peace scenario

The container shipping industry will take at least three months to recover…
WSC, IMO stress freedom of navigation in Hormuz with US-Iran peace deal

WSC, IMO stress freedom of navigation in Hormuz with US-Iran peace deal

World Shipping Council and the International Maritime Organization underscored the principle of…
Strait of Hormuz reopening with US-Iran peace deal but shipping lines stay cautious

Strait of Hormuz reopening with US-Iran peace deal but shipping lines stay cautious

The Strait of Hormuz is reopening as part of a peace deal…
High fuel prices, AI and electronics demand driving air, sea freight rates up

High fuel prices, AI and electronics demand driving air, sea freight rates up

Still unresolved hostilities in the Middle East, which affect fuel prices and…
IMO calls for immediate halt to attacks on commercial ships

IMO calls for immediate halt to attacks on commercial ships

International Maritime Organization secretary-general Arsenio Dominguez issued an urgent statement on April…
Ocean freight rates seen to stay high, volatile until end-2026, according to DHL

Ocean freight rates seen to stay high, volatile until end-2026, according to DHL

The conflict in the Middle East that has seriously affected global oil…