If the U.S. fines China-built container ships millions, one ocean carrier says it’s likely to abandon the market and freight rates head back to Covid levels.

The Trump administration on Wednesday is set to announce "reciprocal tariffs" targeting nations that have duties on U.S.

The world’s largest ocean freight companies are being threatened with fines of up to $1.5m for Chinese-made container ships ...

Operational expansions and a strategic move to leverage earnings against the trans-Pacific spot market helped Zim to massive profits in 2024. The post Amid ocean container liner gains, Zim earnings ...

An OOCL container vessel at Port Botany in Australia ... announced robust financial results for 2024 driven by its OOCL ocean container business, with profit attributable to equity holders ...

Evergreen Marine Corp is spending over $1bn to take control of 10 of the largest chartered container vessels in its fleet. The Taipei-listed company is acquiring five 20,000-teu vessels that it ...

Hanwha Ocean announced on the 17th that it has received an order for six 24,000 TEU liquefied natural gas dual-fuel eco-friendly container ships from Taiwanese shipping company Evergreen Marine ...

That won’t mean much if the personnel shortage problem cannot be solved. So far at least 17 ships have been sidelined because no crews were available. MSC needs to fill at least 95 percent of its ...

Andrew Abbott, CEO of niche ocean freight firm ACL, tells CNBC's Lori Ann LaRocco why a proposal from the U.S. government to fine Chinese freight ships would have ruinous economic consequences.

South Korea’s Hanwha Ocean has secured a newbuilding contract for two VLCCs worth KRW 378.4bn ($257m), or $128.5m per ship ...

ZIM Integrated Shipping Services Ltd. announced new agreements for the long-term charter of ten 11,500 TEU liquefied natural gas (LNG) dual-fuel container vessels, with total charter hire ...