World’s Top Economic Bodies Warn Hormuz Disruptions Are Draining Oil Inventories at Record Pace
The heads of four of the world’s top economic and energy institutions issued a rare joint warning Friday, saying ongoing disruptions to shipping through
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The heads of four of the world’s top economic and energy institutions issued a rare joint warning Friday, saying ongoing disruptions to shipping through
The UK government is preparing new legislation that would impose tougher penalties on shipowners and operators who intentionally or recklessly damage subsea
Porsche has won a key legal battle stemming from the loss of the car carrier Felicity Ace, with a German court reportedly rejecting claims that a Porsche
Roughly one-quarter of the non-Iranian large oil tankers trapped inside the Persian Gulf at the outbreak of the Iran war have managed to slip out in a slow,
President Donald Trump said Friday that the Strait of Hormuz must immediately reopen to unrestricted commercial shipping as part of a proposed agreement with
Australia has selected the ANL Kokoda as the first vessel in its Strategic Fleet Pilot Program, launching a key element of the Albanese government’s plan
By Kevin Crowley, Annmarie Hordern and Jonathan Ferro (Bloomberg) — Several vessels transiting through the Strait of Hormuz have been attacked in recent
The U.S. Treasury Department on Thursday unveiled a fresh round of sanctions targeting a network of shipping companies, tanker operators, and commercial
Cheniere Energy Partners has taken a key step toward expanding its flagship Sabine Pass LNG export terminal in Louisiana, signing an engineering, procurement
A London Admiralty Court judge has ruled that the owners of the containership Solong can limit their financial liability for the catastrophic 2025 collision
Dry bulk shipping takeover drama intensified Thursday as Diana Shipping Inc. raised its all-cash offer for Genco Shipping & Trading Limited to $24.80 per
U.S. Treasury Secretary Scott Bessent on Thursday warned Oman that Washington is prepared to aggressively sanction any country or entity involved in
The icebreaking LNG carrier Christophe de Margerie appeared to be attempting an unusually early eastbound transit of Russia’s Northern Sea Route (NSR) this
The U.S. Treasury Department on Wednesday formally sanctioned Iran’s so-called Persian Gulf Strait Authority (PGSA), accusing the organization of working
President Donald Trump on Wednesday dismissed a report that Iran and Oman would manage shipping through the Strait of Hormuz as part of a deal to end the
The Trump administration’s emergency Jones Act waiver is rapidly reshaping U.S. oil flows, opening domestic shipping routes to foreign-flagged tankers and
A cargo of oil from the U.S. Strategic Petroleum Reserve headed to California this month for the first time ever, ship tracking service Kpler
Scorpio Tankers is moving to reshape its product tanker fleet, announcing agreements to sell four LR2 tankers while lining up two new MR newbuildings and
The world may need to find a way to get by on less oil and gas if the Strait of Hormuz remains closed much longer dueto the U.S.-Israeli war on
Sean Pribyl and Rear Admiral James Watson, USCG (ret.) As Maritime Week put the spotlight squarely on Washington, D.C.’s maritime sector, the Maritime Action
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