Major global container liners have informed customers of higher tariff surcharges due to changes in the EU Emissions Trading System (EU ETS) regulation in 2026. The shipping companies applying EU ETS-linked tariff surcharges include CMA CGM, A.P. Moller Maersk,...

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Commodities trader Vitol is expected to load the first cargo of naphtha from the U.S. to Venezuela this weekend under a new supply agreement announced just days ago by President Donald Trump, two sources familiar with the matter told Reuters on Saturday. The flow of...

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Updated weekly, Drewry’s Intra-Asia Container Index (IACI) decreased 5% in the second week of January, reaching $665 per 40ft container. Drewry’s Intra-Asia Container Index (IACI) declined 5% in the second week of January, reaching $665 per 40ft container. The IACI is...

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US forces have seized another tanker in the Caribbean Sea, officials say, as the Trump administration continues its efforts to control exports of Venezuelan oil. The tanker, the Olina, is on multiple countries’ sanctions lists and the fifth vessel to be seized by the...

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Oil companies aiming to participate in new exports of Venezuelan crude to the U.S. following the ouster of President Nicolas Maduro are in hasty discussions to find tankers and put together operations to transfer the crude safely from vessels and dilapidated...

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President Donald Trump’s administration on Wednesday sought to assert its control over Venezuelan oil, seizing a pair of sanctioned tankers transporting petroleum and announcing plans to relax some sanctions so the U.S. can oversee the sale of Venezuela’s petroleum...

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