Shipping

U.S. President Donald Trump said on Friday that he would impose a 10% global tariff for 150 days to replace some of his emergency duties that were struck

The Bureau of Ocean Energy Management announced Wednesday it will auction approximately 80.4 million acres of federal waters in the Gulf of America in August,

The cost to hire oil supertankers could be headed for the highest levels this decade on the growing risk of a major US attack on Iran, and as ownership of

Chinese refiners are snapping up Russian oil that India is shunning, helping Moscow to overcome a dip in purchases by the country that’s normally its biggest

India temporarily extended permission for four Russian insurers to cover tankers calling at its ports, as the government seeks to sustain crude imports while

New Zealand has imposed its largest-ever maritime sanctions package against Russia, designating 100 vessels linked to the country’s “shadow fleet” and

Denmark's maritime authority said on Thursday it had detained an Iran-flagged container vessel anchored in the Nordic country's waters on the grounds that it

Global container shipping rates extended their decline for a sixth consecutive week, dropping 1% to $1,919 per 40-foot container as the traditional pre-Lunar

The U.S. trade deficit widened to $70.3 billion in December, pushing the full-year 2025 shortfall to $901.5 billion despite months of tariff-driven volatility.

Russia has threatened to deploy its navy to protect merchant tankers linked to its oil trade, marking a sharp escalation in the battle over Western sanctions

CMA CGM is doubling down on India, having finalizing shipbuilding contracts with Cochin Shipyard Limited (CSL) for six LNG-powered containerships while

Oil gained the most since October as traders weighed whether talks between the US and Iran will be enough to avert conflict, following a report that American

U.S. refiners Phillips 66 and Citgo Petroleum are seeking to buy heavy crude directly from Venezuelan state oil company PDVSA starting in April to maximize

Sallaum Lines has taken delivery of two new LNG dual-fuel Pure Car and Truck Carriers, marking a significant expansion of the company’s Ocean Class fleet

A fire in the engine room of the Singapore-registered bulk carrier MANDY has resulted in the deaths of two crew members and left a third hospitalized following

Tension in one of the world’s most critical maritime chokepoints spiked this week after Iran temporarily restricted parts of the Strait of Hormuz during

Donald Trump’s trade levies aren’t the main reason why China is exporting more to other parts of the world, a European Central Bank study

Russian Foreign Minister Sergei Lavrov told his Cuban counterpart Bruno Rodriguez on Wednesday that Moscow was urging the U.S. not to impose a full naval

Salvage crews have removed roughly 1,000 gallons of residual fuel from the grounded barge Defiant near the entrance to San Juan Harbor, significantly reducing

Hapag-Lloyd has agreed to acquire ZIM Integrated Shipping Services for $4.2 billion in a deal that would cement its position among the world’s top five