The UK Navy said that a container ship Safeen Prestige was a hit by an unknown projectile while transiting the Strait of Hormuz as conflict continues to menace commercial shipping in the region.

LONDON, March 4 (Reuters) - The Maltese-flagged container ship Safeen Prestige was damaged by a projectile as it sailed towards the top of the Strait of Hormuz on Wednesday, prompting its crew to ...

By Lisa Baertlein LONG BEACH, Calif., March 2 (Reuters) - Container ships account for roughly 100 of the 750 ships ensnared in the Strait of Hormuz backups following U.S. and Israeli attacks on Iran, ...

MPC Container Ships ASA has made and has returned a massive amount of money to shareholders over the last 5 years. The industry benefits from crises; if the world is likely to continue to be unstable, ...

Global Ship Lease, Inc. is rated a Buy, offering predictable revenue, strong capital allocation, and a compelling 6% dividend yield. Learn more about GSL stock here.

HD Hyundai, in collaboration with the American Bureau of Shipping (ABS), one of the world’s most prestigious classification societies, is accelerating the development of the world’s first ...

When the Ever Given became stuck in the Suez Canal in 2021, the BBC reported, it prevented approximately 12% of the world's trade from passing through. The Ever Given itself had a capacity for 20,000 ...