News

US oil prices ended Monday’s session above $100 a barrel for the first time since the US and Israel launched a war against Iran as President Donald Trump

Golden Pass LNG has produced its first liquefied natural gas from Train 1 at its Sabine Pass export terminal in Texas, marking a major milestone for

The role of bunkers in freight rates has finally crossed into the intra-Asia market, with average rates rising by 10% over the past

The UN Trade and Development is warning that the Strait of Hormuz crisis is quickly moving beyond a shipping disruption and into a broader economic

Two container ships linked to China’s state-owned Cosco Shipping Corp. are trying again to exit the Persian Gulf through the Strait of Hormuz, according to

By Dave Sherwood and Lizbeth Diaz HAVANA, March 28 (Reuters) – Two sailboats carrying humanitarian aid from Mexico arrived safely in Havana on

Yemeni group warns its “fingers are on the trigger” as Hormuz disruption collides with rising Bab el-Mandeb risk. Yemen’s Iran-aligned Houthi movement

By Lori Ann LaRocco – Iran says it has begun enforcing new controls over shipping in the Strait of Hormuz, claiming it blocked multiple container

The U.S. expects its operation against Iran to conclude within weeks, not months, and Washington can meet all its objectives without using ground troops, U.S.

Three Australian plants that provide about 8% of the world’s liquefied natural gas have had their output curbed by a cyclone, in a further blow to mainly

The United Nations is stepping up efforts to contain the fallout from the escalating crisis in the Strait of Hormuz, advancing a new humanitarian-focused

A Thai-flagged bulk carrier struck in the Strait of Hormuz earlier this month has now run aground on Iran’s Qeshm Island, as rescue teams

Two Chinese container ships turned backed after trying to exit the Gulf via the Strait of Hormuz on Friday, ship-tracking data showed, despite assurances from

Treasury Secretary Scott Bessent said a US insurance program meant to boost shipping through the Strait of Hormuz will begin soon, a move that may help revive

A simmering dispute over control of key Panama Canal terminals is now spilling into global shipping lanes, with China detaining Panama-flagged vessels in its

The United States is warning commercial shipping that the threat from Yemen’s Houthi militants remains active across the Red Sea and Gulf of Aden—despite a

Container freight rates pushed higher for a fourth straight week, as rising fuel costs and ongoing disruption in the Middle East begin feeding directly into

A Turkish-owned tanker carrying Russian petroleum product was struck overnight by a suspected uncrewed surface vessel (USV) in the Black Sea, in what appears

Hapag-Lloyd delivered solid operational performance in 2025, but a sharp drop in freight rates and rising disruption costs pushed earnings significantly lower

The Iranian parliament is working on a draft bill that would impose a fee on vessels seeking safe passage through the Strait of Hormuz, according to the