Iran, Strait of Hormuz and small container ship
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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.
The Iranian-flagged container ship boarded by U.S. forces Sunday was a frequent visitor to Chinese ports, and it had spent time in waters known for illicit ship-to-ship transfers, according to open source tracking data and shipping experts.
The Iranian-flagged container ship that was boarded and seized by U.S. forces Sunday likely has dual-use items that could be used by the military onboard,
Two container ships linked to China’s state-owned Cosco Shipping Corp. exited the Persian Gulf through the Strait of Hormuz on Monday, the first vessels operated by a major Beijing-backed company to navigate the waterway since the start of the war.
China's first 10,000-tonne-class pure electric intelligent container ship, also the world's largest of its kind, launched commercial operations on Wednesday afternoon, marking a new phase of green, electric-powered development for the country's coastal container shipping.
Alphaliner named HMM, Yang Ming and Evergreen as the big winners of a port fee-inclusive shipping environment. Friedemann Kohler/picture alliance via Getty Images Taiwan’s other major carrier, Yang Ming, had just one port call with a Chinese-built ship ...
Importers have received notice of another increase in shipping costs as a result of rising fuel prices, driven by conflict in the Middle East. Bermuda International Shipping, which operates the
Shipping containers at the Shanghai port in January. Iranian strikes on cargo ships and on Oman's biggest port have ratcheted up concerns about the global shipping business, adding another economic dimension to the conflict beyond higher energy prices.
Electric container ships won’t work – but a fleet of auxiliary battery ships could clean up shipping
Shipping moves 90% of global trade and produces nearly 3% of global emissions. The sector has proved challenging to clean up, as cargo ships can travel for weeks between ports and typically rely on cheap, energy-dense and extremely polluting heavy fuel oil.