Tag - shipping

 
 

SHIPPING

Shipping containers are stacked while semitrucks are parked at Yangshan Port outside Shanghai on May 7.
BUSINESS / Companies
May 20, 2026
U.S. indicts seven Chinese over shipping container conspiracy
The indicted companies manufacture about 95% of the world’s standard dry shipping containers, and the alleged scheme impacted some $35 billion in commerce, officials said.
Chinese-made vehicles including BYD cars wait to be transshipped for export at a port in Suzhou, in China's eastern Jiangsu province on April 27.
BUSINESS / Tech
May 20, 2026
How BYD gets an edge from ships that brave war, outrun storms
Born out of necessity in 2022, the Chinese company’s fleet of vessels is able to ferry abroad about 300,000 cars worth billions of dollars a year.
Cargo ships in the Persian Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab Emirates, on March 11
BUSINESS / Economy
May 18, 2026
Iran war saddles global companies with $25 billion bill — and counting
Businesses are grappling with soaring energy prices, fractured supply chains and trade routes severed by Iran’s chokehold on the Strait of Hormuz.
A ship suspected of belonging to Russia's "shadow fleet," which was boarded by the Swedish coast guard outside Trelleborg, southern Sweden, on May 3
WORLD
May 18, 2026
Russia expands LNG dark fleet with four tankers to boost exports
The developments mean that there are now at least 20 tankers being used to ferry LNG from sanctioned Russian projects, according to tracking data.
The Strait of Hormuz has remained largely blocked since the Iran war began in late February and has been subject to an international diplomatic arm wrestle ever since.
BUSINESS
May 15, 2026
Hormuz oil flows creep higher as more supertankers exit
Four ships each hauling 2 million barrels of mostly-Iraqi crude have exited since May 10 — a rate close to 2 million barrels a day — according to vessel tracking data.
An Eneos gasoline tanker truck in Yokohama. An Eneos crude oil supertanker has passed through the Strait of ​Hormuz, ship-tracking data shows.
BUSINESS / Companies
May 14, 2026
Japanese crude tanker emerges outside Hormuz in rare transit
The tanker is listed as part of refiner Eneos Holdings’ fleet.
Three major Japanese shipping companies have projected net profit falls for fiscal 2026.
BUSINESS
May 11, 2026
Three major Japan shipping firms forecast profit falls for fiscal 2026
Nippon Yusen estimates that the situation in the Middle East could reduce its ordinary profit by nearly ¥20 billion.
The Port of Fujairah has become one of the United Arab Emirates' economic lifelines since the effective closure of the Strait of Hormuz.
BUSINESS
May 7, 2026
Gulf’s fragile trade lifeline hangs on two eastern UAE ports
They are now handling the bulk of the UAE’s seaborne trade in place of ​the major terminals on the western coast inside the Gulf.
U.S. Secretary of State Marco Rubio speaks at a news conference in the White House in Washington on Tuesday.
WORLD / Politics
May 6, 2026
Rubio calls Hormuz resolution a test for U.N., urges against vetoes
Russia and China vetoed a previous U.S.-backed Bahraini resolution that appeared to open a path to legitimize U.S. military action against Iran.
In this picture obtained from Iran's ISNA news agency on May 4, the Iran-flagged tugboat Basim sails near a ship anchored in the Strait of Hormuz off Bandar Abbas in southern Iran.
WORLD
May 5, 2026
South Korean-run vessel ablaze in Strait of Hormuz; Trump says Iran fired at the ship
No casualties have been reported and authorities are investigating what caused the blaze.
Ships and boats in the Strait of Hormuz, as seen from Musandam, Oman, on Friday
JAPAN
May 3, 2026
Tanker carrying Russian oil to arrive in Japan amid Hormuz closure
The oil comes from the Sakhalin-2 oil and gas project in Russia’s ear east, which is exempt from Western sanctions on Russia over its invasion of Ukraine.
Prime Minister Sanae Takaichi speaks to reporters at the Prime Minister's Office on Thursday following phone talks with Iranian President Masoud Pezeshkian.
JAPAN
May 1, 2026
Takaichi urges Iran president to ensure safe passage through Strait of Hormuz
Prime Minister Sanae Takaichi also expressed her hopes that the U.S. and Iran will resume talks soon on ending their fighting and reach a final deal.
Russia's shadow fleet vessels wait in the unofficial anchorage area in the Gulf of Finland near Vaindloo, Estonia, on April 10.
WORLD
Apr 29, 2026
Russian ‘shadow fleet’ undeterred by Starmer’s threat as nearly 100 ships cross U.K. waters
Since the U.K. prime minister’s remarks in March, the number of Russian ​vessels subject to sanctions transiting its waters was unchanged from previous months.
A gasoline tanker truck at an Idemitsu Kosan gas station in Tokyo. The supertanker is listed as being operated by the tanker arm of the Japanese energy conglomerate.
BUSINESS / Companies
Apr 29, 2026
Japanese crude supertanker may have exited Strait of Hormuz in war first
The supertanker linked to Japan is carrying 2 million barrels of crude, which was loaded from Saudi Arabia’s Juaymah terminal in early March.
A container ship enters the Singapore Strait for the Strait of Malacca at mainland Asia's southernmost point in Johor, Malaysia, in November 2016.
COMMENTARY / World
Apr 28, 2026
How Asia should deal with the ‘Malacca dilemma’
The confrontation between the U.S. and Iran over the Strait of Hormuz has shown how easily chokepoints can be militarized and how quickly economic fallout can spread.
The Strait of Malacca, a vital global shipping lane carrying about a quarter of all maritime trade and major oil flows to Asia, is drawing renewed concern over chokepoint security following disruptions in other key sea routes.
ASIA PACIFIC
Apr 26, 2026
Hormuz crisis throws spotlight on world’s largest ‘chokepoint’ — the Malacca Strait
The Malacca Strait provides the shortest sea route from East Asia to the Middle East and Europe, carrying nearly 22% of the world’s maritime trade.
A screen tracks the traffic in the Strait of Hormuz, in the control room of Hapag-Lloyd, a shipping giant in Hamburg, Germany, on Wednesday.
BUSINESS / Economy / ANALYSIS
Apr 26, 2026
Trump’s Hormuz blockade has deepened a historic shipping crisis
Crude output from the Persian Gulf nations is already 57% below where it was before the war, according to Goldman Sachs analysts.
Takayuki Kobayashi, chairman of the ruling Liberal Democratic Party's Policy Research Council, presents the party's recommendations to Prime Minister Sanae Takaichi on Friday in Tokyo.
JAPAN
Apr 25, 2026
Japan assesses feasibility of sending minesweepers to Strait of Hormuz
Kobayashi said that sending minesweepers after the war is one option for securing Japan’s national interests within legal constraints.
Ships and boats in the Strait of Hormuz on Wednesday
WORLD / Politics
Apr 23, 2026
U.S. says no deadline for Iran proposal amid Hormuz standoff
Tehran says it has no plans to take part in negotiations imminently.
U.S. forces patrol the Arabian Sea near the Touska, an Iranian-flagged cargo ship, on Monday.
WORLD
Apr 23, 2026
U.S. intercepts three Iranian oil tankers in Asian waters, sources say
Washington has imposed a blockade on Iran’s trade by sea while Iran has fired ‌on ships ‌to prevent them sailing through the Strait of Hormuz.

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