News

The Indian Navy warship INS Trikand successfully coordinated firefighting operations and search and rescue efforts for the Cameroon-flagged LPG carrier MT

Oil prices surged around 5% to a two-week high on Thursday after the U.S. imposed sanctions on major Russian suppliers Rosneft and Lukoil over Russia's war in

Swedish authorities have boarded a Liberian-flagged bulk carrier off the coast of Gothenburg following reports that the vessel dumped waste in the Baltic Sea

Classification society DNV has awarded HD Korea Shipbuilding & Offshore Engineering an Approval in Principle for a 15,000 TEU container vessel design

Seatrium Limited announced it received a notice of arbitration from Maersk Offshore Wind over a dispute regarding the termination of a contract for a nearly

The European Union's 19th package of sanctions against Russia will list four companies involved in China's oil industry that circumvent Western restrictions,

Oct 22, (Reuters) – On the afternoon of March 8, a petroleum tanker named Torm Agnes entered the Port of Ensenada on Mexico’s Pacific coast carrying

India and the US are nearing a trade deal that could lower tariffs on Indian exports to 15%–16% from about 50%, the Mint newspaper reported, citing three

The U.S. Department of Energy said on Tuesday it is looking to buy 1 million barrels of crude oil for delivery to the Strategic Petroleum Reserve, as it seeks

Arizona Senator Mark Kelly will introduce Stephen Carmel at a Senate Commerce, Science, and Transportation Committee nominations hearing on Wednesday. The

A flotilla of crude oil on the world’s oceans expanded to a fresh high as producer nations keep adding barrels and the tankers sail further for

By Daniele Lepido and Haze Fan (Bloomberg) The battle between Italian luxury yacht maker Ferretti SpA’s management and its top Chinese investor is once

The U.S. military is holding two survivors aboard a Navy ship after rescuing them from a suspected drug vessel in the Caribbean hit by a U.S. strike that

Governments at the International Maritime Organization decided to postpone for one year the adoption of what would have been the world’s first global

A service boat carrying crew members capsized alongside the Scorpio-managed oil/chemical tanker Sea Quest at the outer anchorage of Beira, Mozambique on

The United Kingdom has sanctioned China’s Beihai LNG terminal as part of a comprehensive package targeting Russia’s energy sector and its

Swedish prosecutors have closed their investigation into damage to a communication cable between Sweden and Latvia in the Baltic Sea, concluding that the

The world’s shipping regulator is on the verge of green-lighting a global charge on the industry’s emissions, something that has prompted the Trump

The International Maritime Organization (IMO) kicked off its second extraordinary meeting of the Marine Environment Protection Committee (MEPC ES.2) today,

Australia’s icebreaker RSV Nuyina made contact with the ocean floor off the coast of Heard Island in the Southern Ocean during sea floor mapping