News

Maersk slipped into a rare quarterly loss in its Ocean division as freight rates weakened and the container giant began a cautious return to Red Sea and Suez

Hong Kong's CK Hutchison said on Wednesday its Panama Ports Company unit has started international arbitration proceedings against Panama after the

European buyers are aggressively importing liquefied natural gas from Russia’s Arctic Yamal LNG project as the continent prepares for a full EU ban on

Estonia's Tax and Customs Board said late on Tuesday it had detained a container ship sailing under the Bahamian flag in Estonia's internal waters that may be

Ocean Network Express (ONE) slipped into the red in the third quarter of its fiscal year 2025, reporting a net loss of $88 million on revenue of $4.07 billion

The U.S. Department of Transportation has approved a license for Texas GulfLink, LLC to build and operate a deepwater crude oil export terminal off

Malaysia’s seizure of two crude oil tankers suspected of carrying out an unauthorised ship-to-ship transfer off Penang was initially hailed as one of the

A merchant tanker transiting the Strait of Hormuz was harassed by Iranian forces on Monday in an incident that now appears to involve the U.S.-flagged Stena

A newly announced trade agreement between the United States and India could significantly reshape global crude oil flows and tanker demand, potentially cutting

The International Maritime Organization is moving to bring wind-assisted propulsion fully into the regulatory mainstream, approving a formal workplan that

A merchant vessel transiting the Strait of Hormuz was hailed by multiple small armed craft on Monday in an encounter now under investigation, according to a

U.S. President Donald Trump on Monday announced a trade deal with India that slashes U.S. tariffs on Indian goods to 18% from 50% in exchange for India halting

A string of federal court rulings has effectively unraveled the Trump administration’s attempt to halt offshore wind construction along the U.S. East Coast,

Nearly a year after running aground on Newfoundland’s west coast, the container ship MSC Baltic III continues to deteriorate under relentless North

Malaysian maritime authorities have detained two crude oil tankers and seized approximately RM512 million (USD 129.9 million) worth of crude oil following a

The Russian captain of a container ship that crashed into a U.S. tanker off the east coast of Britain in March last year was found guilty in a London court

Investment in alternative-fueled shipping continues to climb despite broader market headwinds, with the global dual-fuel fleet reaching 400 container ships and

The U.S. Coast Guard coordinated the rescue of 27 mariners after their Venezuelan-flagged fishing vessel caught fire and sank roughly 500 miles

President Donald Trump is set to launch a strategic critical-minerals stockpile with $12 billion in seed money, a bid to insulate manufacturers from supply

Panama’s top court has ruled that the contract granted to Li Ka-shing’s CK Hutchison Holdings Ltd. to operate two ports near the Panama canal is