News

The latest maritime and offshore news.


Monday, June 23, 2025
A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf.REUTERS/Raheb Homavandi//File Photo
News

Opinion: Iran Oil Doomsday in Hormuz May be More Fear Than Reality

U.S. strikes on several Iranian nuclear sites represent a meaningful escalation of the Middle East conflict that could lead Tehran to disrupt vital exports

June 23, 2025
Total Views: 1061

Friday, June 20, 2025
A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf.REUTERS/Raheb Homavandi//File Photo
News

Discounts Deepen on Iranian Oil in China as Struggling Teapots Slow Buying

Sellers of Iranian oil to China are offering deeper discounts this month as they look to reduce inventories and as independent refiners slow their buying due

June 20, 2025
Total Views: 1054

Thursday, June 19, 2025
Container terminal at Mumbai Port, India
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India’s Largest Port in the Making to Raise $3.5 Billion Debt

The firm building what will become the largest port in India plans to raise as much as 300 billion rupees ($3.5 billion) of debt, giving lenders an opportunity

June 19, 2025
Total Views: 793

Wednesday, June 18, 2025
Balboa Port at the Panama Canal
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Report: China’s COSCO in Talks to Join $19B CK Hutchison Port Sale Amid U.S.-China Tensions

China’s largest shipping company is among the firms in talks to invest in a multinational consortium seeking to buy billionaire Li Ka-shing’s global

June 18, 2025
Total Views: 2511

tanker
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Oil Tanker Market Signals More Middle East Energy Disruption Ahead

While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are providing a good real-time gauge of

June 18, 2025
Total Views: 402

Tuesday, June 17, 2025
Ship-to-ship transfer of Russian LNG from Yamal LNG near Honningsvåg on February 19, 2019. (Source: Courtesy of Kystverket / Norwegian Coastal Administration)
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EU Proposal to Ban Russian Gas Set for Heated Negotiations

The European Union’s proposed ban on all Russian gas by the end of 2027 sets the stage for heated debate, with some member states nervous it will boost

June 17, 2025
Total Views: 520

Monday, June 16, 2025
Norwegian Monarch Visits Polar Svalbard as Interest in Arctic Grows
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Norwegian Monarch Visits Polar Svalbard as Interest in Arctic Grows

Norway's King Harald and Queen Sonja were visiting the main settlement on the strategically located Arctic archipelago of Svalbard on Monday, at a time of

June 16, 2025
Total Views: 1905

Friday, June 13, 2025
wave breaking over tanker
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Israel’s Strikes on Iran Jolt Tanker Markets, Freight Rates Soar

Israel’s overnight airstrikes on Iran drove up freight rates and tanker stocks Friday as traders and investors priced in the prospect of disruption to a

June 13, 2025
Total Views: 2038

Oil tanker Eagle S suspected of the disruption of the Finland-Estonia electrical link Estlink 2.Jussi Nukari/Lehtikuva/via REUTERS
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Finnish Prosecutors Consider Charges Against Officers of Tanker ‘Eagle S’ Over Baltic Cable Damage

Finnish prosecutors are considering pressing charges against three senior officers of an oil tanker suspected of damaging undersea power and

June 13, 2025
Total Views: 981

Thursday, June 12, 2025
Strait of Hormuz tankers and a military helicopter
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Gulf Shipping on Edge as Israel Sets Nuclear Deal Deadline

The Joint Maritime Information Center (JMIC) has issued an advisory about potential maritime security impacts in the Arabian Gulf, Strait of Hormuz, and

June 12, 2025
Total Views: 2225

An aerial view shows an SCF tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022
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Most G7 Members Ready to Lower Russian Oil Price Cap Without U.S.

Most countries in the Group of Seven nations are prepared to go it alone and lower the G7 price cap on Russian oil even if U.S. President Donald

June 12, 2025
Total Views: 557

The Hong Tai 58, a Togolese freighter, allegedly damaged a submarine cable between Taiwan and Pengzhou
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Taiwan Jails Chinese Ship Captain for Damaging Undersea Cables

A Taiwanese court sentenced the Chinese captain of a ship to three years in jail on Thursday after finding him guilty of intentionally damaging undersea

June 12, 2025
Total Views: 715

Wednesday, June 11, 2025
FILE PHOTO: U.S. President Donald Trump holds a chart next to U.S. Secretary of Commerce Howard Lutnick as Trump delivers remarks on tariffs in the Rose Garden at the White House
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Trump Says U.S.-China Trade Deal ‘Done’ as Rare Earths, Tariffs Take Center Stage

A U.S.-China trade deal is "done," U.S. President Donald Trump said on Wednesday, hours after negotiators from Washington and Beijing agreed on a framework

June 11, 2025
Total Views: 987

Monday, June 9, 2025
An Israeli solider passes a bun to Greta Thunberg
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Israeli Forces Seize Gaza Aid Boat Carrying Greta Thunberg

Israeli naval forces boarded and seized a charity vessel carrying Swedish activist Greta Thunberg, which had tried to break the naval blockade of the

June 9, 2025
Total Views: 1798

Sunday, June 8, 2025
Freedom Flotilla set to sail towards Gaza for aid.June 1, 2025. REUTERS/Danilo Arnone
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Israel Orders Military To Stop Gaza Bound Aid Ship

By Crispian Balmer JERUSALEM, June 8 (Reuters) – Israeli Defence Minister Israel Katz told the military on Sunday to stop a charity boat carrying

June 8, 2025
Total Views: 1523

Painting by Samuel Atkins (1787-1808) of HMS Endeavour off the coast of New Holland during Cook's voyage of discovery 1768-1771
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Captain Cook’s Long-Lost Ship Confirmed in Newport Harbor

The Australian National Maritime Museum (ANMM) has released its final report confirming the discovery of one of maritime history’s most significant

June 8, 2025
Total Views: 11248

Tuesday, June 3, 2025
Ukraine Says it Hit Russia’s Bridge to Crimea with Underwater Explosives
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Ukraine Says it Hit Russia’s Bridge to Crimea with Underwater Explosives

Ukraine's SBU security service said on Tuesday that it had hit the road and rail bridge linking Russia and the Crimean peninsula below the water level with

June 3, 2025
Total Views: 1871

Monday, June 2, 2025
Jim Lawrence at Marine Money Week 2022
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Maritime Industry Legend Jim Lawrence Dies

Jim Lawrence, a towering figure in U.S. maritime industry and founder of the Connecticut Maritime Association (CMA) conference, passed away on Sunday after a

June 2, 2025
Total Views: 1884

cargo ships loading at port of oakland
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ONE Launches Green Ship Recycling Policy Ahead of Hong Kong Convention

Ocean Network Express (ONE) has announced the implementation of a comprehensive Ship Recycling Policy and membership in the Ship Recycling Transparency

June 2, 2025
Total Views: 680

Sunday, June 1, 2025
Freedom Flotilla set to sail towards Gaza for aid.REUTERS/Danilo Arnone
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Nonprofit Ship Sets Sail For Gaza After Drone Attack Setback 

CATANIA, June 1 (Reuters) – International nonprofit organization Freedom Flotilla Coalition (FFC) said one of its vessels left the Italian port of

June 1, 2025
Total Views: 1190