India Already Cutting Russian Oil Imports by 50% After US Talks, White House Official Says
The United States and India have held productive trade talks, and Indian refiners are already cutting Russian oil imports by 50%, a White House official told
The United States and India have held productive trade talks, and Indian refiners are already cutting Russian oil imports by 50%, a White House official told
Chinese sanctions imposed this week on U.S. affiliates of shipbuilder Hanwha Ocean 042660.KSaim to undermine South Korea-U.S. cooperation and "to
Lloyd’s Register has published new guidance providing the maritime industry’s first detailed framework for integrating nuclear technology into
President Donald Trump has issued a stark warning to nations supporting a global carbon tax on shipping, threatening economic retaliation as the International
Western powers have ramped up pressure on Russia's oil sales amid its war with Ukraine as U.S. President Donald Trump said India would stop buying and Britain
The US made a proposal at talks held by the global shipping regulator to introduce another step in adopting a charge on vessel emissions if countries vote for
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The Baltic Exchange has launched two new Aframax tanker benchmarks tracking Canadian crude exports to Asia, marking a direct response to shifting global trade
Greece, home to the world’s second-largest merchant fleet, is walking back from supporting a global maritime carbon tax that has drawn backlash from
A service boat carrying crew members capsized alongside the Scorpio-managed oil/chemical tanker Sea Quest at the outer anchorage of Beira, Mozambique on
The Drewry World Container Index increased 2% to $1,687 per 40ft container this week, marking the first increase following 17 consecutive weeks of decline.
The head of the US Southern Command is visiting key Caribbean nations this week, as President Donald Trump’s administration surges forces into the region in
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U.S. Treasury Secretary Scott Bessent said on Wednesday that he told Japanese Finance Minister Katsunobu Kato that the Trump administration expects Japan to
China’s retaliatory port levies are exposing oil shipping companies to hefty fees, making them scramble for relevant paperwork, and contributing to delays,
Most Iranian-flagged tankers have begun transmitting properly over the Automatic Identification System (AIS) without spoofing for the first time in seven and a
California Governor Gavin Newsom has vetoed Senate Bill 34, legislation that would have imposed new requirements on the South Coast Air Quality Management
The National Transportation Safety Board has released its investigation report into the June 18, 2023, implosion of the submersible Titan, concluding that
The United Kingdom has sanctioned China’s Beihai LNG terminal as part of a comprehensive package targeting Russia’s energy sector and its
Trading firms have diverted at least five more crude oil tankers from a major port in eastern China after the U.S. imposed sanctions on an import terminal
The CMA CGM Group has signed a letter of intent with Cochin Shipyard Limited (CSL), India’s largest state-owned shipbuilder, to build six dual-fuel LNG
The U.S. Coast Guard announced it has seized more than 100,000 pounds of cocaine in the Eastern Pacific Ocean since launching Operation Pacific Viper in early
As the International Maritime Organization convenes this week to vote on its Net-Zero Framework, the Wall Street Journal Editorial Board has issued a sharp
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The United Kingdom announced 90 new sanctions targeting Russia’s energy sector, directly hitting oil giants Rosneft and Lukoil in an effort to cut off
Around six weeks after running aground in Canada’s Arctic waters Dutch cargo vessel Thamesborg and its icebreaker and tug escort have left the waters of the
China's sanctions against five U.S.-linked affiliates of South Korean shipbuilder Hanwha Ocean 042660.KS are seen as a warning gesture without immediate
Swedish prosecutors have closed their investigation into damage to a communication cable between Sweden and Latvia in the Baltic Sea, concluding that the
Russia’s seaborne crude shipments rose to a 28-month high in the past four weeks, amid rising production and Ukrainian attacks on refineries that are forcing
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