Even with a deal to end the U.S.-Iran war set to be signed Friday, unresolved security questions are keeping carriers and shipowners on the sidelines.

Since the Ocean Shipping Reform Act of 2022 expanded its authority, the commission has levied millions in penalties against top ocean carriers.

As Iranian brass maintains mixed messaging on whether the country will levy tolls for vesselsto pass, Freightos warns a sudden reopening could trigger Far East port congestion.

Four Chinese container manufacturers that produce about 95 percent of the world’s dry boxes allegedly restricted output as prices more than doubled.

Synergy Marine faces up to $10 billion in fines as prosecutors accuse the operators of concealing hazardous ship conditions before March 2024 accident.

The ocean carrier’s liner shipping revenue fell 18 percent as lower rates, flat volumes and Middle East costs weighed on earnings.

OOCL's lawsuit challenging the FMC's authority to hear Shipping Act cases is the first of its kind, and could weaken the agency's expanded powers.

Negotiations on Net-Zero Framework postponed until the autumn, but appetite for green measures remains. Negotiations at the International Maritime Organization (IMO) have ended with the Net Zero Framework (NZF) intact, despite a week of pressure and delay tactics from the United States. While the US and its allies successfully pushed ... [continued]

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Average auction prices to pass the canal have nearly tripled as carriers hedge against the Iran war, with one company paying $4 million to cross the canal.

Indonesia reaffirmed a commitment to free maritime navigation under international law after its finance minister’s remarks raised alarms across global shipping networks.

The vessel seizures follow last weekend's temporary easing of transit conditions in the strait, when four other MSC ships successfully passed through.

Analysts warn shipping risks through the conduit are at their highest level yet after this weekend's vessel strike and U.S. seizure of an Iranian-linked ship.

Conflicting signals from the U.S. and Iran and ongoing risk concerns keep carriers like Maersk and Hapag-Lloyd on edge regarding a return to the strait.

With contract season coming to a close, overcapacity is keeping pricing negotiable for importers and exporters despite the Iran war disruptions and rising fuel surcharges.

As the U.S. Navy moves to interdict vessels in the strait amid a fragile ceasefire, carriers endure uncertain enforcement conditions.

A leak at the MSC PSA European Terminal halts vessel traffic for hours, with the Belgian port racing to restore full operations by Saturday.

A company exec told customers “nothing has dramatically changed” at the strait this week as ocean carriers remain in wait-and-see mode.

Nearly three in four vessels held at Chinese ports in March were registered to Panama, "far exceeding historical norms," said FMC chairman Laura DiBella.

The 3.5 percent fuel surcharge comes as Maersk battles with the FMC on how quickly it can passes off its own emergency fees.

The Port of Karachi handled record transshipment volumes in March as incentives and vessel rerouting both reshape regional shipping flows.