The American Bureau of Shipping (ABS) and the U.S. Department of Energy (DOE) have signed an agreement to advance the use of nuclear power in commercial shipping, including nuclear-powered vessels,...

Six commercial vessels were reported struck in and around the Strait of Hormuz on October 11, including five tankers and a container ship, as attacks on merchant shipping continue to...

Dense heavy crude, which oil refiners around the world favor for its typically low cost, is piling up in the Americas as soaring freight rates have stifled exports and US refiners have been running close to their limits. 

This weekend’s deadly attacks on Riyadh’s main airport have demonstrated the ability of Yemen’s Houthis to strike at the heart of Saudi power, raising the risk of a dangerous escalation that could draw in the US.

For a decade, LNG has been sold to shipowners as the sensible bridge fuel. Cleaner than heavy fuel oil, widely available and backed by mature engine technology, it has won...

Swedish authorities have cleared the sanctioned tanker Sea Owl 1 to leave the country after nearly seven months at anchor, following confirmation that the vessel is now legitimately registered under...

DUBAI, Oct 11 (Reuters) – The United States’ response to Iran’s seven conditions in a proposal to reopen the strategic Strait of Hormuz was “insufficient”, Iran’s security chief, Mohsen Rezaei, was quoted by state...