World

The European Commission is preparing potential measures to restrict certain goods that could indirectly support Russia’s military production, with alumina — including material produced in Ireland — now under increased scrutiny.  The move follows an investigation by The Irish Times, in collaboration with the Organised Crime and...

The ongoing shipping crisis around the Strait of Hormuz is now triggering something far bigger than temporary disruption. Across the Middle East and Asia, governments, ports and major industrial groups are moving quickly to redesign trade routes and reduce dependence on one of the world’s most sensitive maritime chokepoints.  According to the...

The tanker sector is moving deeper into one of the biggest ordering waves the industry has ever seen, with new research suggesting 2026 could end up recording the highest annual tanker newbuilding total in history.  According to investment bank Evercore ISI, the first four and a half months of the year have already produced the fifth-highest level of tanker ordering seen this century, underlining how aggressively owners are continuing to expand fleets while freight markets remain exceptionally strong.  In a recent report, Evercore ISI warned that owners appear unwilling to slow down while market conditions remain favourable.  “Owners...

Greek shipping executive Aristides Pittas is continuing to strengthen his position in the dry bulk market, with companies linked to...

Zodiac Maritime is continuing its expansion in the car carrier market, placing a new order for two LNG dual-fuel pure car and truck carriers (PCTCs) in China as global demand for vehicle shipping remains strong.  The London-based...

The war in Iran has triggered a sharp disruption across some of the world’s most important long-haul air corridors linking...

The Port of Los Angeles recorded a strong performance in April, even as global trade continues to operate under the shadow of the ongoing Iran-related conflict and disruptions in key maritime routes.  Executive Director Gene Seroka said...

Union Pacific and Norfolk Southern’s renewed attempt to push through their merger is facing strong resistance from rival rail operators,...

The National Association of Manufacturers (NAM) is calling for further improvements to the United States-Mexico-Canada Agreement (USMCA), arguing that the...

The United States is stepping up its efforts to rebuild its domestic shipbuilding industry, and it is now turning to...