Somali Piracy Resurgence Threatens Global Shipping Costs
Somali piracy is back, fueled by rerouted shipping traffic and stretched naval patrols. This resurgence drives up insurance, fuel, and security costs,...

Somali piracy is back, fueled by rerouted shipping traffic and stretched naval patrols. This resurgence drives up insurance, fuel, and security costs,...

Brent crude prices rose Tuesday, recovering from a prior session's selloff. Escalating military exchanges between the U.S. and Iran cast doubt on...

Recent quant rankings for the upcoming earnings calendar highlight strength in financials, industrial, and energy sectors, with Diana Shipping and National Bank...

Hampton Financial Corporation (TSXV:HFC) has acquired a 10% stake in dry bulk shipping company ICON Energy Corp. (ICON:NASDAQ), citing undervaluation and improving...

A resurgence of Somali piracy, fueled by regional conflicts and stretched naval resources, is adding significant costs and delays to global shipping.

Iran has reportedly begun collecting tolls from vessels seeking safe passage through the Strait of Hormuz, impacting oil prices and stock markets.

A French-owned container ship has become the first vessel from a major Western European firm to transit the Strait of Hormuz since...