News

U.S. container imports are expected to fall sharply in the first half of 2026 as ongoing tariff uncertainty disrupts trade flows, according to the latest

The U.S. Maritime Administration has issued a new security advisory after Iranian forces threatened a U.S.-flagged tanker in the Strait of Hormuz, warning

India’s Coast Guard has dismantled an international oil-smuggling network off the country’s west coast, targeting vessels accused of conducting illicit

U.S. forces have seized the sanctioned crude oil tanker Aquila II in the Indian Ocean after tracking the vessel more than 10,000 miles from the Caribbean,

Canada and France opened consulates in Greenland as Arctic tensions rise following Trump's claims the U.S. "needs" the territory. The symbolic move signals

Nuclear talks between Iran and the United States held in Oman on Friday were a good beginning and will continue, Iran's foreign minister said, after growing

The United States has unveiled a sweeping new sanctions package targeting Iran’s shadow fleet, designating vessels, managers, and traders involved in illicit

Singapore has issued its clearest warning yet over the growing presence of sanctioned “shadow fleet” tankers operating near the Straits of Malacca and

The European Union has rolled out its toughest Russia sanctions package yet, imposing a full ban on maritime services for Russian crude oil, cutting the price

Tsakos Energy Navigation CEO Dr. Nikos Tsakos says geopolitical turmoil and the rapid expansion of shadow tanker trading have created a severe shortage of

A Russian container ship captain has been sentenced to six years in prison after a fatal North Sea collision that killed a Filipino seafarer and triggered an

Global container shipping rates fell for a fourth consecutive week as the traditional pre-Lunar New Year cargo surge failed to materialize. Spot rates dropped

French naval forces have intercepted 4.24 tons of cocaine off French Polynesia, marking the second major drug seizure in the territory in less than three weeks

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