# shipping
Latest news and articles about shipping
Total: 18 articles found
China Midday: A‑Shares Slip as Liquidity Evaporates — Defence Stocks Buck the Downturn
China’s stock market weakened at mid‑day on March 4 as the Shanghai Composite fell over 1% and trading volume contracted sharply. Defence and a few energy and equipment niches outperformed, while shipping and coal stocks led the declines, highlighting a narrow, liquidity‑driven market downturn.
Iran Says It Controls Strait of Hormuz as Tankers Come Under Fire — Global Shipping and Energy Flows Grind to a Halt
Iran's IRGC says it now controls the Strait of Hormuz and has struck multiple tankers, prompting a near halt to shipping through the chokepoint. The disruption has sent freight rates and oil prices sharply higher, forced major carriers to reroute and impose surcharges, and squeezed air cargo capacity, threatening wider supply‑chain pain if the situation is not quickly resolved.
Trump Pledges U.S.-Backed Insurance and Naval Escorts for Ships Transiting Strait of Hormuz
President Trump vowed that a U.S. development finance entity will offer affordable insurance for ships transiting the Strait of Hormuz and that the U.S. Navy will escort tankers if needed. The move aims to reassure markets amid heightened tension with Iran after attacks disrupted Gulf oil shipments, but raises legal, operational and escalation risks.
Iran’s Revolutionary Guards Warn They Will Destroy Vessels Attempting to Transit the Strait of Hormuz
Iran’s Islamic Revolutionary Guard Corps has warned it will destroy ships attempting to transit the Strait of Hormuz, a key energy chokepoint. The declaration raises immediate risks to shipping, energy markets and regional security, and could prompt increased naval deployments and higher insurance and freight costs.
A-shares Slip into Pullback as Chips and Defense Buck the Downturn
China's main stock indices fell in mid‑day trade as overall turnover shrank and more than 2,600 stocks declined, while defence and semiconductor sectors bucked the trend with outsized gains. The market's uneven performance reflects thin pre‑holiday liquidity and a policy tilt that keeps strategic tech and military suppliers buoyant despite broader risk‑off sentiment.
CK Hutchison Launches ICC Arbitration After Panama Court Moves to Void Port Concessions
CK Hutchison said it will pursue ICC arbitration after Panama’s Supreme Court and government actions that the company says breach the legal framework for two port concessions run by its 90%-owned subsidiary, Panama Ports Company. The move highlights legal, operational and geopolitical risks for foreign investors and could have wider implications for shipping through the Panama Canal.