News

Iran has quietly released the Marshall Islands-flagged, Greek-owned oil tanker St. Nikolas after holding the vessel for approximately two years, according to

Maersk has completed its second Red Sea transit in nearly two years, signaling a cautious — but still tentative — return to one of the world’s most

By Marianna Parraga HOUSTON, Jan 12 (Reuters) – Two China-flagged supertankers that were sailing to Venezuela to pick up debt-paying crude

A local AP&I correspondent has been hit by a highly sophisticated email-interception scam that diverted $200,000 meant for a crew-death settlement,

The maritime industry’s shift toward alternative fuels held firm in 2025 despite a sharp pullback in global newbuilding, with LNG-fuelled containerships

Major US oil executives expressed caution to Donald Trump about reentering Venezuela, even as the president pressured their companies to spend at least $100

A new policy hands MARAD the lead role in approving offshore ports, a move officials say will streamline environmental reviews and unlock billions in stalled

America’s largest maritime labor unions are urging the Trump administration and Congress to require that any Venezuelan crude imported into the United States

U.S. oil executives being summoned to the White House on Friday to discuss potential investment plans in Venezuela will be carefully weighing

Container import volumes at major U.S. ports are expected to remain below year-ago levels through at least May, as slowing global trade growth, economic

Oslo-listed tanker giant Frontline plc has unveiled a major fleet renewal plan that will see it trade out eight older VLCCs for nine newbuildings in a package

U.S. authorities boarded and seized the oil tanker Olina in Caribbean waters on Friday, marking the fifth such interception in recent weeks as Washington

Russia’s Foreign Ministry has condemned the January 7 seizure of the oil tanker Marinera in international waters of the North Atlantic by U.S.

As winter settles in across the Northeast, the U.S. Coast Guard has launched Operation Reliable Energy for Northeast Winters (RENEW) 2026, its annual mission

Global trade is losing steam just as the shipping industry was hoping for a steadier recovery, according to a new United Nations outlook that points to slower

(Bloomberg) — The US trade deficit unexpectedly narrowed in October to the smallest since 2009 on a sharp pullback in imports, notably pharmaceuticals.

Global container shipping rates surged this week, with the Drewry World Container Index rising 16% to $2,557 per 40-foot container, driven largely by sharp

Hanwha Defense USA and maritime autonomy startup HavocAI have formalized a strategic partnership to jointly develop and potentially mass-produce 200-foot

Falling tanker rates are improving the export outlook for US crude, and prices for light sweet barrels, in particular, are getting a

More than three months have passed since the last Houthi attack on commercial shipping in the Red Sea, yet the Suez Canal remains well below capacity.