UKMTO identified attacks against 12 vessels in and around the strait between October 5 and 11, the most ever tracked in the region in a single week.

Construction for the $2.3 billion project will start in January 2028, and is expected to wrap up sometime in the mid-2030s.

The Northern Sea Route offers faster voyages between Asia and Europe, but high costs and environmental risks make it a tough sell for carriers.

The strikes on two cargo vessels on October 13 add to a series of more frequent attacks on ships in the western part of the Black Sea.

South Korea is reportedly planning additional trials through the Arctic route in 2027 for container ships and automobile carriers.

Seroka credited the strong quarter to resilient consumer demand and importers who have continued to aggressively replenish inventories.

What does shipment “visibility” really mean? Depends on where the shipment is.

Previously, the Saudi company generally wasn’t involved in arranging the shipping.

It now costs $77 million to hire a very large crude carrier to move U.S. oil to Asia, according to data from the Baltic Exchange.

WSC's Whale Chart was first released in 2023, as a global source of all known mandatory and voluntary governmental measures designed to reduce harm to whales from vessels.