News

An ice-class LNG carrier under construction at Russia’s Zvezda shipyard in the Far East may have begun sea trials this week, a potentially important step in

The U.S. Treasury Department has issued a new sanctions wind-down authorization allowing certain Russian oil cargoes already at sea to complete their voyages,

The maritime security environment across the Persian Gulf, Strait of Hormuz, and Gulf of Oman remains at a “CRITICAL” threat level, according to the

As the Trump administration considers temporarily waiving the Merchant Marine Act of 1920, commonly know as the Jones Act, to address surging fuel

The escalating Middle East conflict has triggered what the International Energy Agency (IEA) says could become the largest supply disruption in the history

Singapore-based shipbuilder Seatrium Limited has delivered a next-generation Wind Turbine Installation Vessel (WTIV) to Maersk Offshore Wind, marking the

The United States will release 172 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) beginning next week as part of a record

A new series of maritime attacks has struck commercial vessels across the Persian Gulf overnight, signaling that the shipping conflict linked to the escalating

Naval drones have been used in at least two attacks on oil tankers in the Gulf region since war erupted between the U.S., Israel and Iran, according to

Newly surfaced photos taken by a rescued crew member from the Thai-flagged bulk carrier Mayuree Naree offer a stark reminder of the growing dangers facing

Washington’s effort to restore commercial shipping through the Strait of Hormuz took a key step forward Wednesday after the U.S. International Development

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

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

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

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