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The Panama Canal marked its 112th anniversary over the weekend with vessel traffic on the rise, even as officials prepare for a strengthening El Niño that is

A cargo ship has been hijacked off the coast of Somalia after eight armed attackers boarded the vessel and seized control, according to the United Kingdom

Russia's main Black Sea oil port of Novorossiysk resumed operations on Sunday after halting loadings on Friday following a drone attack, two trading sources

Iranian attacks on commercial shipping are pushing more vessels away from the U.S.-coordinated route through Omani waters and toward the northern,

Two tankers affiliated with Abu Dhabi National Oil Co. were struck by drones while sailing outbound through the Strait of Hormuz, just a day after reports

The Trump administration has extended its emergency Jones Act waiver for another 90 days while substantially tightening the process for using foreign-flag

Transit through the Strait of Hormuz appeared to grind to a near standstill on Friday after two more ships were attacked there and the United States said it

Latest trade data show no dramatic changes in the flow of trade through the Strait of Hormuz and Bab

South Korean shipping companies SK Shipping Co. and H-Line Shipping Co. — both owned by private equity firm Hahn & Co. — will swap tankers and contracts to

The disruption in the Strait of Hormuz is proving both costly and profitable for container shipping, with Gemini Cooperation partners Maersk and Hapag-Lloyd

Ambrey has launched a major international salvage operation for the grounded tanker Caroline Bezengi off Oman, deploying specialist personnel and

Danish shipping group Maersk MAERSKb.CO on Thursday smashed profit forecasts and raised its full-year earnings guidance for a second time this year as

The Internal Revenue Service has issued new guidance clarifying that foreign shipping companies operating between U.S. ports under the Jones Act waiver cannot

Ukraine has paused drone strikes on oil tankers using Russia's Black Sea port of Novorossiysk after a request from U.S. Vice President JD Vance, the Financial

The International Energy Agency has again cut its outlook for global oil supply and demand as renewed fighting around the Strait of Hormuz disrupts Gulf

Taiwan's government condemned planned Chinese navy drills with an Indonesian warship off its east coast, saying they were dangerous and showed Beijing was

President Donald Trump claimed the US had “total control over the Hormuz Strait,” as Washington and Tehran hardened their positions in deadlocked

By Lucia Kassai and Ruth Liao (Bloomberg) — A container ship paid $4 million to cut the line at the Panama Canal, where wait times are stretching more

U.S. Central Command has confirmed that American forces fired two Hellfire missiles at the Panama-flagged containership Vela Nova in the Gulf of Oman

U.S. Energy Secretary Chris Wright said oil flows out of the Persian Gulf have climbed to roughly 15 million barrels per day as U.S. military operations and