South Korean and Chinese shipyards, as well as companies like GTT, are benefiting from a wave of new LNG export terminal projects.

Shippers must add the Black Sea and the Caspian Sea to areas that are unsafe.

The falling levels on the Rhine are already disrupting freight.

State-run refiners are increasingly replacing Middle Eastern barrels with supplies from Russia and the Atlantic Basin.

The lull came as a weekend meeting between Iranian and Omani officials indicated a fresh attempt to resolve the crucial issue of shipping around Hormuz.

At least 124 Russia-linked vessels were targeted in the Black Sea and the Sea of Azov, from July 8-20, according to statements from Ukraine’s General Staff.

Saudi state media said the tanker Encelia was hit in the Red Sea, resulting in a fire on board.

Kuehne+Nagel bought the majority of Apex in 2021, then the rest in 2025 at an enterprise value of more than $4 billion.

Although autonomous technology aboard cargo ships has made significant progress in recent years, the industry remains years away from replacing conventional crews.

The new terminals will be linked to Jebel Ali, and integrated with a nearby east coast zone called Jafza through an inland logistics network.