The strait is used mainly by ships moving between the Atlantic Ocean and North Sea, not to mention the Baltic Sea, making it one of the major shipping routes for global trade in 2023. 4.

Ocean vessels lost more than 500 shipping containers at sea in 2024, which was more than double the number lost during the ...

In a world where globalization and trade shape the backbone of economies, one country has been quietly building a powerful trading empire that could soon dominate global commerce,Canada. While the ...

The four companies that have now suspended operations in the area comprise four of the top five in the world. Shipping experts say the decisions are going to be costly. About 17,000 ships and 10% of ...

Loads normally transported on one vessel are now requiring several barges. Low water levels amid grueling drought limit European shipping operations — here's how it could impact you first appeared on ...

Specifically, in the second quarter of 2025, Kuehne+Nagel recorded a net turnover of 6.15 billion Swiss francs (approximately 7.76 billion US dollars), up 2% year-on-year; EBIT was 340 million Swiss ...

Asia-U.S. sea freight rates are set to drop further in 2025 as shipping capacity outpaces demand and trade routes shift due ...

4. Strait of Hormuz The Strait of Hormuz connects the Gulf of Oman and the Persian Gulf, and is one of the most important choke points in the world, not to mention one of the major shipping routes ...