News

Frontline plc, one of the world’s largest publicly traded operators of crude oil tankers, reported its strongest adjusted quarterly earnings in more than 20

South Korean shipbuilding giant HD Hyundai is expanding deeper into advanced nuclear energy after signing a framework agreement

The U.S. and Iran stuck to opposing stances on Thursday over Tehran's uranium stockpile and controls on the Strait of Hormuz, although U.S. Secretary of State

Panama President José Raúl Mulino announced Thursday that Ilya Espino de Marotta has been selected as the next administrator of the Panama Canal, making

Iran is discussing with Oman how to set up some form of a permanent toll system that will formalize its control of maritime traffic through the Strait of

U.S. House Foreign Affairs Committee Chairman Rep. Brian Mast has warned U.S. Secretary of State Marco Rubio of “Chinese malign influence” in a bid for

Traffic through the Panama Canal is climbing sharply as disruption in the Strait of Hormuz drives more U.S. energy exports toward Asia and Pacific markets,

The International Maritime Organization has adopted the world’s first international framework governing autonomous commercial ships, marking a major

Container freight rates continued their upward march this week as carriers pushed ahead with higher pricing on major East-West trade lanes amid signs that the

Iran’s self-declared Persian Gulf Strait Authority (PGSA) has published what appears to be the clearest geographic definition yet of the maritime zone it

The tanker crew gathered their courage and carefully navigated along a route designated by Iran, hugging the coastline and maneuvering their hulking vessel

U.S. Marines boarded and redirected an Iranian-flagged oil tanker in the Gulf of Oman on Tuesday as Washington continued tightening enforcement of its maritime

A prolonged closure of the Strait of Hormuz could become the most severe global energy supply shock in decades, with oil prices potentially nearing $200 per

The global shipping industry has released sweeping new guidance for vessels transiting the Strait of Hormuz, warning that even if the waterway remains

The UK government has quietly loosened part of its Russia sanctions regime, issuing a new general trade licence that allows imports and related trade involving

A South Korean-flagged supertanker appears to be attempting to transit the Strait of Hormuz, which, if successful, would be the first crossing of such a vessel

The U.S. Navy has commissioned USS Cleveland (LCS 31), officially closing out the Littoral Combat Ship program after more than two decades marked by cost

The U.S. Department of Justice has indicted four of the world’s largest shipping container manufacturers and seven senior executives in what prosecutors

The U.S. Treasury Department has extended its temporary sanctions wind-down authorization for Russian oil cargoes already at sea, issuing a new general license

NATO is discussing the possibility of helping ships pass through the blocked Strait of Hormuz if the waterway isn’t reopened by early July, according to a