News

The U.S. Department of the Treasury has taken a major step in its campaign against Houthi financing by directly sanctioning ship captains who delivered

The European Union and the United Kingdom have tightened the screws on Moscow’s oil income, lowering the price cap on Russian seaborne crude to $44.10 per

Italian authorities have seized a Tuvalu-flagged vessel carrying 33,000 tons of Russian iron in Brindisi, marking the latest enforcement action in

China and Canada are pushing to expand energy deals, with Prime Minister Mark Carney’s government looking to sell more oil and gas to the Asian economic

Cargill has taken delivery of its first green-methanol dual-fuel dry bulk vessel, a milestone in the agricultural giant’s push to cut emissions and test

The US criticized South Africa for allowing Iran to participate in naval drills off the coast of Cape Town, after conflicting reports about the Islamic

A.P. Moller–Maersk has confirmed the first structural return of a major container service to the trans-Suez route, in a landmark shift marking the most

Global container shipping rates fell sharply this week, surrendering most of the gains from a brief January rally as carriers struggled to maintain pricing

U.S. military and Coast Guard forces carried out another pre-dawn boarding in the Caribbean, seizing the sanctioned motor tanker Veronica in the

The informal fleet of crude tankers that operated under the radar in Nicolas Maduro’s Venezuela is beginning to emerge from the shadows after the

The Iranian dry cargo ship Rona issued an SOS signal in the Caspian Sea on Wednesday, January 14, prompting a swift rescue operation by Turkmenistan’s

Dozens of commercial ships have dropped anchor at a distance outside Iran's port limits in recent days, according to data and shipping sources, as tensions

By Michelle Nichols UNITED NATIONS, Jan 14 (Reuters) – The U.N. Security Council on Wednesday asked U.N. Secretary-General Antonio Guterres to continue

An oil tanker sailing under the flag of Russia arrived in UK territorial waters — days after it was seized in the Atlantic Ocean by US

Seaborne coal shipments to China fell 10% in 2025 as increased domestic supply and weakening demand from steel manufacturing and electricity generation

The U.S. government has filed for court warrants to seize dozens more tankers linked to the Venezuelan oil trade, four sources familiar with the matter said,

The 2025 tariff landscape delivered one of the sharpest bilateral trade contractions in recent memory, with U.S. imports from China falling 28% year-over-year

Containership traffic through the Suez Canal is finally inching higher. In the week ending January 11, 26 containerships transited the canal, the highest

The captain of a container ship that crashed into a U.S. tanker off Britain's east coast last year did "absolutely nothing" to prevent an avoidable and fatal

Orsted shares jumped 6% on Tuesday after a U.S. court cleared the Danish offshore wind developer to resume work on its nearly completed Revolution Wind