The policy, a sharp response to Labor's own sustainable model introduced in 2023, has been welcomed by an agriculture sector that has been calling for a sea freight import charge to be introduced ...

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Freight rates out on the ocean have continued their consistent descent since the start of 2025, capped over the past week by significant declines on both major Asia-to-North America trade lanes.

Heather Hwang, director and head of the Sea Pricing Strategy Department at logistics services provider LX Pantos, predicted that 2025 will see “downward pressure” on freight rates, even as new ships ...

Bob Costello, chief economist at American Trucking Associations, shares his outlook on the freight economy for 2025.

Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...

Suezmax earnings in the Mediterranean have hit their highest level for over a year as more Kazakh oil was loaded in the Black ...

SINGAPORE, March 27 (Reuters) - A strip of the Pacific Ocean seabed that was mined for metals more than 40 years ago has still not recovered, scientists said late on Wednesday, adding weight to ...

UNITED NATIONS, March 26 (Reuters) - An agreement on freedom of navigation in the Black Sea to ensure the protection of civilian vessels and port infrastructure "will be a crucial contribution to ...