News

By Julian Lee (Bloomberg Opinion) –The capture of the Stena Impero shows just how easy it is for Iran to hamper shipping through the Strait of Hormuz. At

By Michael Georgy and Kylie MacLellan DUBAI/LONDON, July 22 (Reuters) – Britain called on Monday for a European-led naval mission to ensure safe shipping

By Bloomberg News (Bloomberg) –Tankers are offloading millions of barrels of Iranian oil into storage tanks at Chinese ports, creating a hoard of crude

By Nidhi Verma and Jose Devasia NEW DELHI/KOCHI, July 22 (Reuters) – All crew members of a British-flagged tanker that Iran seized on Friday are safe and

By Parisa Hafezi and Peter Graff DUBAI/LONDON, July 21 (Reuters) – Britain was weighing its next moves in the Gulf tanker crisis on Sunday, with few

By Salvatore R. Mercogliano – As we celebrate the fiftieth anniversary of mankind’s first steps upon the lunar surface, many have focused their

Wayne was steering and I was navigating, but I knew we were not navigating in the way Bowditch defines the art and science of this endeavor. We were making

By Babak Dehghanpisheh and William Schomberg GENEVA/LONDON, July 20 (Reuters) – Britain denounced the Iranian seizure of a British-flagged oil tanker in

By Golnar Motevalli, Nick Wadhams and Tim Ross (Bloomberg) –Iran’s Revolutionary Guard Corps seized a British oil tanker and a Liberian-flagged ship in

LONDON, July 19 (Reuters) – Britain said Iran’s seizure of a British-flagged vessel and a Liberian-flagged vessel in the Strait of Hormuz was

Offshore drilling contractor Seadrill has announced a contract award from an undisclosed customer for its ultra-deepwater drillship West Gemini in West Africa.

By Will Wade and Millicent Dent (Bloomberg) –New York has signed the biggest-ever deals for offshore wind power in U.S. history, a key part of the

By Parisa Hafezi and Steve Holland DUBAI/WASHINGTON, July 19 (Reuters) – The United States and Iran were at odds on Friday about a U.S. assertion that

By Alexander Whiteman (The Loadstar) – Uncertainty around Brexit may be making its mark, but the loss of vessels this year from the UK Ship Register may

By Steve Holland and Idrees Ali WASHINGTON, July 18 (Reuters) – The United States said on Thursday that a U.S. Navy ship had “destroyed” an

New York Governor Andrew M. Cuomo has executed the United States’ largest offshore wind agreement, announcing the winning bidders in the state’s

By Phil Stewart WASHINGTON, July 18 (Reuters) – The United States is not aiming to set up a military coalition against Iran with its new security

A Canadian court has sentenced Houston-based Kirby Corporation to pay a $2.2 million fine after the company pleaded guilty to charges related to the 2016

Germany has become the latest country to accede to IMO’s treaty for safe and environmentally-sound ship recycling, known as the Hong Kong Convention.

By Roslan Khasawneh SINGAPORE, July 18 (Reuters) – Oil product inventories in the Singapore storage and trading hub fell to an eight-month low in the