European Commission Proposes Russian Oil Price Cap 15% Below Global Price
BRUSSELS, July 11 (Reuters) – The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price
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BRUSSELS, July 11 (Reuters) – The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price
Saronic Technologies and Vigor Marine Group announced today a strategic partnership aimed at accelerating the delivery of autonomous maritime capabilities
Tanker operator Stena Bulk is set to make history as it prepares to reflag its first Suezmax tanker, Stena Sunrise, under the Swedish flag at the end of July
The search operation for survivors of the Eternity C has been called off, a spokesperson for the ship manager confirmed to gCaptain.com. Ten seafarers
By Elena Mazneva and Anna Shiryaevskaya Jul 11, 2025 (Bloomberg) –An LNG cargo tanker from Qatar has been redirected from Europe to Asia, where
US revenue from customs duties this fiscal year surpassed $100 billion for the first time, reflecting higher tariffs imposed by the Trump
Commercial ships still sailing through the Red Sea are broadcasting messages about their nationality and even religion on their public tracking systems to
It seems the recent container freight spot rate rally on the Asia-North Europe trade might have come to an end, at least
Crowley has expanded its fleet with the launch of the LNG-powered containership Tiscapa, marking a significant advancement in the company’s service
The insurance cost of shipping goods through the Red Sea has more than doubled in recent days after Yemen's Houthis attacked and sank two ships, killing at
Rescuers pulled three more crew members and a security guard alive from the Red Sea on Thursday, maritime security sources said, a day after Houthi
The U.S. Department of Transportation has significantly expanded the United States Marine Highway Program, adding 848 new miles of navigable waterways and
Import cargo volume at major U.S. container ports is expected to experience a temporary rebound this month following a significant late spring decline, but
Officer Lee Tae-Young of the Republic of Korea has been selected to receive the 2025 IMO Award for Exceptional Bravery at Sea for his heroic rescue of 12
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated 22 entities across Hong Kong, the United Arab Emirates, and
The same day Yemen’s Houthi militants resumed attacks against multiple vessels in the Red Sea after months of calm, several Chinese container ships received
The Houthis have released footage showing the targeting and sinking of the Liberia-flagged bulk carrier ETERNITY C in the Red Sea. The footage captures the
Salvage crews have successfully removed approximately 85% of the heavy fuel from the grounded containership MSC Baltic III, according to the latest update
Major shipping organizations have issued a joint statement condemning the recent attacks on vessels in the Red Sea that have resulted in seafarer fatalities
A mission was under way on Wednesday to rescue crew from the Eternity C cargo ship which sank in the Red Sea following an attack that killed at least four
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