Wah Kwong NatPower has teamed up with Chu Kong Shipping Enterprises (CKS) to push forward the electrification of inland water transport between Hong Kong and Guangdong.

New York-listed Diana Shipping has secured a higher-paying charter extension with Oldendorff Carriers for one of its post-panamax bulkers.

In accordance with the assessment of Drewry Supply Chain Advisors, the container rates last week turned to a fast-increasing tendency.

Greek minister of national defence Nikos Dendias said he is still awaiting explanations regarding the sea drone discovered in the Ionian Sea.

German shipping group Hapag-Lloyd reported an “unsatisfactory” first-quarter result, citing the impact of lower freight rates and operational disruptions from severe weather conditions and the blockage of the Strait of Hormuz.

Fox News’ chief political anchor, anchor and executive editor of Special Report Bret Baier scored an extensive sit-down with President Trump.

Flexport’s latest freight market update points to continued shifts in routing patterns, elevated air cargo costs and mounting pressure on ocean carriers.

Lower rates hurt results despite higher volume.

With the ceasefire talks stalled, the Trump administration continues to seek to use economic pressure to bring Iran to the negotiating table. The Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced new sanctions, as it appears CENTCOM is also expanding the blockade on ships associated with Iran.