Shipping
Maersk first-quarter profit beats forecasts, keeps outlook unchanged
The shipping group still projects global container volume growth of between 2%-4% this year
US unveiled plan to reopen Strait of Hormuz hours before Trump shelved it
The US president’s under increasing pressure to end a war that’s grown increasingly unpopular
US says Iran ceasefire still in place after clashes over Hormuz
At least two merchant vessels transited the waterway with US assistance
South Korea to probe ship fire in Strait of Hormuz, Trump blames Iranian attack
Trump calls on South Korea to join US operation to open Hormuz to shipping
US and Iran launch new attacks as they wrestle for control of Hormuz strait
Several merchant ships in the Gulf reported explosions or fires; UAE oil port ablaze after Iranian strike
SGX-owned Baltic Exchange sued over alleged losses due to oil tanker pricing
Mercuria Energy Group is suing SGX-owned Baltic Exchange over alleged losses due to distortions in a shipping benchmark
Iran juggles oil cuts and storage strain to resist US blockade around Hormuz
Teheran is drawing on a time-tested playbook to prolong the standoff and raise costs for Washington
World’s largest container carrier plans route avoiding blockaded Hormuz
[LONDON] The world’s largest container carrier plans a new service linking Europe with isolated Middle East ports, using trucking across Saudi Arabia and smaller vessels in the Persian Gulf instead of...
US-Iran standoff could leave Trump worse off than before he went to war
The war has failed to achieve many of Trump’s stated goals