CAIRO (AP) — The world’s biggest shipping company said Monday it sued a rival shipping line in a Danish court, seeking compensation for ship delays that resulted from the blocking of the Suez Canal by ...
President-elect Donald Trump has repeatedly suggested the United States take over the Panama Canal, a shipping waterway that cuts across Central America, unless fees for using the canal are lowered.
The Panama Canal, a 51-mile maritime shortcut linking the Atlantic and Pacific Oceans, is a crucial artery of global trade and a longstanding focal point of international geopolitics. Since its ...
In an advisory to clients, Maersk informed shipping customers that vessels that use the Panama Canal will no longer be traversing the canal with freight from Oceania (Australia and New Zealand) ...
Editor’s Note: This story originally published on December 23, 2024. It has been updated to reflect recent developments. President-elect Donald Trump is not letting up on his suggestions that the US ...
President Trump's tariffs on China have led to a sharp decrease in manufacturing orders and freight vessel sailings from China, and with 75% of its traffic linked to the U.S., that's a headwind for ...