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Jones Act Waiver Faces New Scrutiny Over Foreign Crews, Taxes

19 October 2026 at 20:08
Congressional scrutiny of the Trump administration’s Jones Act waiver is growing, with Rep. Salud Carbajal (D-Calif.) demanding answers about whether foreign vessels operating in domestic U.S. trades are complying with...

Russian Oil Exports by Arctic Route Jump Amid World Freight Crisis

19 October 2026 at 18:04
Russia's oil exports through its Northern Sea Route (NSR) in 2026 have already exceeded last year's by nearly 50%, with some 20 million barrels shipped to Asia from the start of navigation in July to mid-October, traders said and data showed.

U.S. Sets First Deep-Sea Mining Lease Sale for November

19 October 2026 at 16:04
The Trump administration has scheduled the first offshore mineral lease sale in U.S. history, opening more than 31 million acres of seabed near American Samoa to companies seeking critical minerals...

Northern Sea Route Transits Surpass 2025 Total as Arctic Shipping Gains Momentum

19 October 2026 at 11:53
The number of commercial transit voyages through Russia’s Northern Sea Route (NSR) had already surpassed the full-year 2025 total by the end of September, putting Arctic shipping on course for another record season as cargo volumes rise and more vessels test the route between Asia and Europe.

Ukraine Talks with Turkey, India, Egypt Over Grain Corridor

19 October 2026 at 03:24
By Daryna Krasnolutska, Volodymyr Verbianyi and Olesia Safronova Oct 18, 2026 (Bloomberg) –Ukraine is in talks with Turkey, Egypt and India on the possibility of opening up Black Sea civil navigation,...

Iran’s Guards Say Two Tankers Hit Mines In Strait Of Hormuz

17 October 2026 at 15:44
DUBAI, Oct 17 (Reuters) – Iran’s Revolutionary Guards Navy said on Saturday that two oil tankers had caught fire after hitting naval mines while crossing the Strait of Hormuz, the official Iranian news agency...

China, Russia quietly moving toward a new Arctic axis

17 October 2026 at 06:15

Russian President Vladimir Putin’s advisor Nikolai Patrushev’s recent visit to China points to something more consequential than another round of Russia-China strategic rhetoric: Moscow is trying to turn maritime cooperation with Beijing into infrastructure, technology and logistics that can survive geopolitical pressure. The proposals discussed during the October 8-13 visit — linking China’s Maritime Silk […]

The post China, Russia quietly moving toward a new Arctic axis appeared first on Asia Times.

Wind-Assisted Shipping Gains Ground as Airbus RoRo Adds Rotor Sails

16 October 2026 at 21:52
French shipowner LD Armateurs has completed the installation of six towering rotor sails aboard Spirit of Toulouse, a new roll-on/roll-off vessel being built to transport aircraft components for Airbus across...

Fog of War Deepens in Hormuz as UKMTO Says Most Ship Attacks Go Unreported

16 October 2026 at 19:53
Conflicting traffic figures and competing claims of control are making it increasingly difficult to establish what’s happening in the Strait of Hormuz, even as attacks on merchant shipping intensify. The...

International Seaways Adds to VLCC Fleet with $370 Million Bruton Deal

16 October 2026 at 18:22
Deal adds four modern crude tankers as International Seaways reports sharply higher spot earnings entering the fourth quarter. International Seaways has agreed to acquire Oslo-listed Bruton Limited in a deal...

Southern California Ports Shatter Cargo Records as Imports Surge

16 October 2026 at 18:07
The ports of Los Angeles and Long Beach both set all-time monthly cargo records in September, handling a combined 2.04 million twenty-foot equivalent units (TEUs) as strong imports and shifting...

Supertanker Rates Fall from Record Highs

16 October 2026 at 17:36
The cost ?of shipping oil on the largest tankers fell this week from record highs as demand eased following a wave of attacks on vessels in the Middle East and as the US considered easing sanctions on the so-called shadow fleet.

Lawmakers Seek to Strip COSCO Ships of U.S. Port Inspection Privileges Over Espionage Claims

16 October 2026 at 16:58
Three senior House Republicans are calling on the Department of Homeland Security to revoke special inspection privileges granted to vessels operated by Chinese state-owned shipping giant COSCO, citing allegations that...

IEA Moves to Accelerate Oil Reserve Releases as Hormuz Crisis Drags On

16 October 2026 at 16:50
The International Energy Agency (IEA) has agreed to accelerate the release of approximately 100 million barrels of emergency oil stocks, including more than 20 million barrels of diesel, as the...

Oil Shipping Costs Spike, Lifting Prices from Pump to Grocery

15 October 2026 at 18:27
When the oil supertanker Esteem Explorer sails from the United States to Japan in late November, loaded with about 2 million barrels of crude, the journey will cost $81 million. The same journey would have cost $9.1 million last year, on average.
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