Business / Financial Markets Feb 21, 2022

Soaring diesel and gasoline prices are bleeding into global shipping

Much of the price increase in ship fuel has been due to a rally in crude oil, which is used to make most marine fuel.

Business Nov 25, 2021

China's seven-week port quarantine snarls supply chains further

To comply with the measure, owners and managers have had to reroute ships, delaying shipments and crew changes.

Business Jun 10, 2021

Reality check awaits John Kerry and his bid to cut ships’ emissions

The U.S. climate envoy said in April that he wants international shipping’s emissions to drop to zero by 2050.

World Mar 25, 2021

Massive ship blocking Suez Canal paralyzes trade for another day

The situation has gotten so desperate that an elite salvage squad is due to arrive Thursday to work on prising the Ever Given from the bank of the canal.