US Will Impose ‘Toughest Sanctions in History’ on Iran, Bessent Says
The U.S. will impose "the toughest sanctions in history" on Iran, Treasury Secretary Scott Bessent said on Thursday, a focus on economic measures he suggested
The U.S. will impose "the toughest sanctions in history" on Iran, Treasury Secretary Scott Bessent said on Thursday, a focus on economic measures he suggested
Norway expanded on Thursday a recently created military brigade headquartered in the Arctic, the latest move by a NATO nation to boost its defense footprint in
US President Donald Trump threatened Iran and its trading partners with economic isolation after months of military strikes and a maritime blockade failed to
Exporters including Chevron Corp. are turning to ship-to-ship transfers to send liquefied petroleum gas from the US to Asia, an apparent change in strategy
The National Labor Relations Board has ordered two Saltchuk Resources tanker subsidiaries to recognize and bargain with the International Organization of
Global container spot rates rose for a second straight week as tighter capacity and resilient demand pushed Transpacific prices sharply higher, according to
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By Lori-Ann LaRocco – The strong undertow of political bluster, a lack of data, vessel attacks and the political calendar have transformed the flow of
A U.S.-sanctioned product tanker has been hijacked in the Gulf of Aden and redirected toward Somalia after six armed men boarded and seized control of the
A tanker was boarded by six armed people who took control of the vessel and diverted it towards Somalia, the United Kingdom Maritime Trade Operations (UKMTO)
CK Hutchison Holdings Ltd. commenced international arbitration proceedings against Panama, seeking more than $1.5 billion in damages over the loss of its
The crew of the US-flagged cargo ship SLNC York has been safely evacuated after the vessel began taking on water in the Pacific Ocean, according to operator
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South Korea will flag off on Saturday a container ship bound for Europe via the Arctic, testing whether a route opened by melting sea ice can be commercially
Three China-linked supertankers have U-turned in the Strait of Hormuz as risks to shipping remain elevated, with prospects for a normalization of traffic
Attacks on shipping have shut down more than 97% of Russia and Ukraine's grain export capacity in the Azov and Black Sea basin, cutting off a major source of
The Port of Corpus Christi has joined the Trump administration’s push to bring nuclear technology into the U.S. maritime sector, signing an agreement with
Navigator Gas posted the strongest quarterly results in its 25-year history as booming U.S. gas exports and longer trade routes helped lift vessel earnings and
Forwarders have backed the objections of Brazilian authorities and Israeli legislators in questioning the looming Hapag-Lloyd acquisition of Zim – pushback
Davie’s Helsinki Shipyard has won a contract to build Finland’s newest icebreaker, adding another vessel to a rapidly expanding order book for the Canadian
A U.S. Coast Guard icebreaker and Canadian warship have spent nearly a month monitoring a Chinese research icebreaker in the Arctic as it conducts an unusually
China has completed the first phase of construction on Antelope Reef in the Paracels archipelago, building a man-made island in the hotly-disputed South
US President Donald Trump insisted Tuesday that there were no talks ongoing with Iran, leaving the simmering conflict in the Middle East and control of the
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Hornbeck Offshore Services is teaming up with nuclear technology developer Deployable Energy to explore the use of compact nuclear reactors aboard vessels and
President Donald Trump’s push to open U.S. Navy shipbuilding to foreign yards is running into resistance from American shipbuilders and lawmakers who argue
A cargo ship has been declared a constructive total loss after being struck by multiple unknown projectiles off Yemen, marking another attack in an
The Port of Los Angeles handled nearly 1 million containers in July, extending a run of historically strong cargo volumes even as an early peak shipping season
The United States has lifted security restrictions imposed on vessels arriving from Nigeria after more than a decade, the Marine and Blue economy Minister
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