Oil Rallies as US–Iran Tensions Flare
Oil gained the most since October as traders weighed whether talks between the US and Iran will be enough to avert conflict, following a report that American
Oil gained the most since October as traders weighed whether talks between the US and Iran will be enough to avert conflict, following a report that American
Seaspan Shipyards has awarded a $1.5 million contract to Alberta-based Confined Space Robotics to develop semiautonomous systems for blast and paint
U.S. refiners Phillips 66 and Citgo Petroleum are seeking to buy heavy crude directly from Venezuelan state oil company PDVSA starting in April to maximize
Shipping Industry Rises to Challenge of Larger Zones and Higher Award Thresholds Protecting Blue Whales and Blue Skies (BWBS) is proud to report the 2025
Sallaum Lines has taken delivery of two new LNG dual-fuel Pure Car and Truck Carriers, marking a significant expansion of the company’s Ocean Class fleet
A fire in the engine room of the Singapore-registered bulk carrier MANDY has resulted in the deaths of two crew members and left a third hospitalized following
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Tension in one of the world’s most critical maritime chokepoints spiked this week after Iran temporarily restricted parts of the Strait of Hormuz during
Exports from the Port of Los Angeles fell 8% in January to the lowest level in nearly three years as Trump's tariffs devastated trade with China. Soybean
Donald Trump’s trade levies aren’t the main reason why China is exporting more to other parts of the world, a European Central Bank study
Russian Foreign Minister Sergei Lavrov told his Cuban counterpart Bruno Rodriguez on Wednesday that Moscow was urging the U.S. not to impose a full naval
Norwegian Cruise Line Holdings has ordered three new cruise ships from Fincantieri—one each for Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas
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Salvage crews have removed roughly 1,000 gallons of residual fuel from the grounded barge Defiant near the entrance to San Juan Harbor, significantly reducing
Hapag-Lloyd has agreed to acquire ZIM Integrated Shipping Services for $4.2 billion in a deal that would cement its position among the world’s top five
Los Angeles processed 812,000 TEUs in January, down 12% year over year, with exports hitting their lowest monthly level in nearly three years as tariff
The U.S. Maritime Administration (MARAD) has launched a nationwide recruitment drive for its Centers of Excellence program, opening applications for
The most extensive sea ice in 15 years around Russia’s key Baltic Sea commodity ports could curb a chunk of the nation’s vast exports program because of a
France released the seized oil tanker GRINCH after imposing a multi-million euro penalty on the vessel's owner for suspected involvement in Russia's shadow
The latest session of the IMO’s Pollution Prevention and Response Sub-Committee didn’t deliver sweeping new rules, but beneath the technical drafting work,
A merchant vessel transiting about 70 nautical miles southwest of Aden, Yemen reported an encounter with armed skiffs on Tuesday, briefly raising alarm before
The International Chamber of Shipping is backing efforts to revive U.S. shipbuilding but warning that proposed port fees on foreign-built vessels—projected
Parts of the Strait of Hormuz, one of the world’s most important oil-shipping lanes, will be closed for “several hours” on Tuesday as part of Iran’s
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Russia could deploy its navy to prevent European powers from seizing its vessels and may retaliate against European shipping if Russian ships are taken,
Ship traffic in the Arctic reached a new milestone in 2025, with 1,812 unique vessels operating inside the Polar Code area, according to new data released by
The White House’s 13 February Maritime Action Plan (MAP) sets out an ambitious strategy: to rebuild US shipbuilding and reduce dependence on foreign-built
A consortium led by U.S. oil major Chevron signed exclusive lease agreements on Monday to look for natural gas off southern Greece, expanding the United
Mol Group Nyrt, Hungary’s largest energy company, asked the government to release strategic oil reserves to keep its refineries operating while a key
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