Iran Warns World to Brace for $200 Oil
Iran said the world should be ready for oil at $200 a barrel as its forces hit merchant ships on Wednesday and the International Energy Agency recommended a
Iran said the world should be ready for oil at $200 a barrel as its forces hit merchant ships on Wednesday and the International Energy Agency recommended a
Three additional commercial vessels have been struck by projectiles in and near the Strait of Hormuz over the past 24 hours, as the maritime security situation
The Federal Maritime Commission says it is closely monitoring new surcharges being introduced by ocean carriers amid the escalating security crisis around
There’s a moment every mariner thinks about, even if they haven’t lived it yet. The last bag packed. The last safety briefing. The last time you walk down
The U.S. Bureau of Ocean Energy Management (BOEM) generated $46.98 million in high bids at its latest offshore oil and gas auction Wednesday, marking a sharp
The International Energy Agency (IEA) on Wednesday recommended the release of 400 million barrels of oil, the largest such move in its history, to try to
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Global shipping giant A.P. Moller – Maersk says the escalating conflict in the Middle East is beginning to disrupt global marine fuel supply chains,
U.S. Central Command (CENTCOM) on Tuesday warned civilians to avoid port facilities in Iran where naval forces are operating, saying the Iranian military is
A Thai-flagged cargo vessel was struck in the Strait of Hormuz on Wednesday shortly after departing from the United Arab Emirates, as regional tensions
China Cosco Shipping Corp. suspended its services at Panama’s Balboa port, a local media report said, after Beijing warned of a “heavy price” for the
Three more vessels have been hit by unknown projectiles in the Strait of Hormuz, maritime security and risk firms said on Wednesday, bringing the number of
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Malta's transport authority confirmed on Tuesday that the LNG tanker Arctic Metagaz is drifting in the Mediterranean, contradicting earlier reports from Libya
Satellite navigation interference detected near the United Arab Emirates coast is creating the appearance of vessels sailing in straight lines toward the
The U.S. Navy has refused near-daily requests from the shipping industry for military escorts through the Strait of Hormuz since the start of the war on
The U.S. Coast Guard and multiple partner agencies are responding to a barge fire in Delaware Bay on Tuesday after a tug reported that the vessel it was
U.S. Maritime Administrator Stephen Carmel warned Tuesday that rebuilding American maritime power will require far more than simply expanding shipyard
There’s a moment every mariner thinks about, even if they haven’t lived it yet. The last bag packed. The last safety briefing. The last time you walk down
U.S. President Donald J. Trump warned Iran to remove any naval mines from the Strait of Hormuz and claimed U.S. forces have already struck vessels
U.S. Energy Secretary Chris Wright has deleted a social media post claiming that the United States Navy successfully escorted an oil tanker
The HMS Dragon departed the Royal Navy’s base in Portsmouth, England on Tuesday bound for the Eastern Mediterranean as the United Kingdom bolsters its
Claims that waiving the Jones Act would lower U.S. gasoline prices ignore a key reality: global tanker freight markets. Current Worldscale rates suggest
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Disruptions to shipping in the Strait of Hormuz are raising alarm across global energy, shipping, and agricultural markets, with the potential to hit
The Strait of Hormuz remains effectively closed to almost all but Iran-linked traffic with the conflict in the Middle East now in its second
The effective closure of the Strait of Hormuz is now rippling through global container supply chains, with new data showing a dramatic surge in cargo
Ocean Network Express (ONE) is deepening its relationship with the world’s largest containership leasing platform, announcing plans to increase its ownership
Energy export data shows South Korean jet fuel exports to the United States West Coast is dropping as countries around the world are holding onto the energy
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