Shipping

June 22 (Reuters) – Iran’s top security body must make the final decision on whether to close the Strait of Hormuz, Iranian TV said on Sunday,

By Lori Ann LaRocco – Ocean freight spot rates from Shanghai to the Arabian Gulf’s largest port, Jebel Ali, are surging. Xeneta average spot rates

A significant increase in GPS jamming and spoofing incidents along the Iranian coast is raising serious concerns about maritime safety in one of the

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced major enforcement actions targeting Iran’s defense

Container shipping company Maersk MAERSKb.CO said on Friday it had temporarily paused vessel calls at Israel's Haifa port, amid the country's

The Nigerian Navy has arrested 76 vessels and at least 242 suspects in anti-oil theft operations, and destroyed more than 800 illegal refining sites during a

Australia has launched its first sanctions against Russia’s shadow fleet, targeting 60 vessels involved in circumventing international sanctions imposed

Philippe Louis-Dreyfus, a towering figure in the maritime industry and former president of BIMCO, passed away on June 17 following a sudden illness. As the

India is preparing to source crude oil from outside the Persian Gulf and cut its own refined-product exports should the Strait of Hormuz be blocked to ship

Maritime security firm Ambrey reports that Israel-affiliated vessels face high risks in the Red Sea region as tensions escalate between Israel and Iran, with

(Bloomberg) — The commercial shipping industry is chasing a novel carbon-free propulsion technology as it pursues a lofty climate goal: nuclear power.

The Joint Maritime Information Center (JMIC) has reported that regional threat levels remain SIGNIFICANT amid ongoing strikes between Iran and Israel, with

The Port of Long Beach experienced a significant 8.2% decline in cargo throughput in May, processing 639,160 TEUs as tariffs continue to impact global trade

The Front Tyne oil tanker was sailing through the Gulf between Iran and the United Arab Emirates on Sunday when just past 9:40 a.m. shiptracking data appeared

War risk insurance premiums for shipments to Israel are as much as three times higher than a week ago as the war between Israel and Iran entered its fifth day,

Oil-shipping rates for Middle Eastern routes have spiked after some tanker owners and managers paused offering vessels as they assess risks from Israel’s

The United Kingdom has announced a significant maritime sanctions package targeting Russia’s shadow fleet, with 20 oil tankers now under restrictions as

Critical energy infrastructure in Israel and Iran has not escaped unscathed from the first few days of the countries' escalated conflict. Worst-case

By Lori Ann LaRocco – A key supply chain data point is flashing red, warning that the pullback in freight orders will continue. Empty container exports

The International Maritime Rescue Federation (IMRF) and Lloyd’s Register Foundation have initiated the first comprehensive review of global maritime