Another tanker has been struck in the Strait of Hormuz, bringing the number of vessels reported hit in the strategic waterway since Sunday to at least six. UK Maritime Trade...
Three seafarers have died and two remain missing after a rescue boat capsized during an emergency response from the South African emergency towing vessel Umkhuseli. The incident occurred Wednesday, September 30,...
Global shipping is not running short of ships. The bigger problem is that a growing share of them are getting caught in congestion. Roughly 12% of global container ship capacity...
Saudi Arabia is planning an offensive against Iran-backed Houthi militants in Yemen, with options being considered including a coastal push to secure the Red Sea shipping route or an assault on multiple fronts, regional and Western officials told Reuters.
The Group of Seven nations and its partners are to release as much as 100 million barrels of emergency oil and diesel stocks amid pressure from the Trump administration to quell rising fuel prices.
The Pentagon is deploying an additional aircraft carrier and 10,000 sailors and Marines to the Persian Gulf, according to a US official, a move that gives American commanders more options if President Donald Trump chooses to escalate attacks on Iran.
The U.S. Coast Guard has intercepted a vessel carrying fuel to Cuba after an international enforcement operation found large quantities of fuel concealed inside the ship’s ballast tanks. The Coast Guard...
The tanker captain summoned his years of experience when he saw the blast in front of him. He veered his 300-meter-long ship around the vessel ahead and could see a fire had started. He called the US Navy to tell them of the attack.
US President Donald Trump's push to steer $54 billion of South Korean investment into Alaska LNG is putting a fresh focus on a 20 million-ton-a-year export project that would cost more than twice as much as a comparable US Gulf Coast plant.
The United Kingdom has imposed sanctions on eight ships as part of a broader package targeting Russian energy revenues, maritime logistics and individuals accused of supporting Moscow’s war in Ukraine....
A tanker has been struck by an unknown projectile while transiting the Strait of Hormuz, the latest in a string of attacks that have emerged over the past several days...
The Trump administration expanded its economic campaign against Iran on Thursday, targeting the country’s rail system, major industrial companies and a Russia-linked shadow banking network that U.S. officials say has...
Strait of Hormuz transit data for the month of September reveals how the oil and container markets are tactically adjusting to the U.S./Israel war on Iran.
October will see almost all global ocean carriers make a tentative return to Suez transits on Asia-Europe sailings, after revised pro forma shipping schedules show the Premier Alliance is set to send one of its vessels on the route through the Red Sea and Egyptian waterway.
A nuclear-powered LNG carrier could cost roughly 2.5 times as much to build as a conventional vessel, but lower fuel costs could significantly change the economics over the ship’s operating...
(Bloomberg) — Turkey and the United Nations have set up fresh talks in Russia and Ukraine to discuss a Black Sea ceasefire, trying to coalesce scattered efforts to protect grain...
More than 80 years after the SS Richard Montgomery sank in the Thames Estuary with roughly 1,400 tons of explosives still aboard, marine contractors have begun one of the most delicate interventions...
Alternative-fuel ship orders rebounded sharply in the third quarter, with September delivering the strongest monthly total in nearly two years as LNG remained the dominant choice for new vessels. Shipowners...
The United Kingdom has sanctioned five liquefied natural gas carriers as part of a new package of measures targeting Russia's efforts to expand a maritime "shadow fleet" for LNG exports, including three Russian-built Arc7 ice-class vessels intended to support the Arctic LNG 2 project.
Persian Gulf oil producers are shifting critical cargo transfer operations even farther out of the war-hit region as waters just outside the Strait of Hormuz become congested with tankers.