Ukraine Hits Novorossiysk, Knocking Out 2% of Global Oil Supply
Russia's Black Sea port of Novorossiysk temporarily suspended oil exports - equivalent to 2.2 million barrels per day, or 2% of global supply - on Friday,
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Russia's Black Sea port of Novorossiysk temporarily suspended oil exports - equivalent to 2.2 million barrels per day, or 2% of global supply - on Friday,
By Gavin van Marle (The Loadstar) – Container spot freight rates out of Asia this week diverged between the North American and European markets. On the
Iranian Revolutionary Guard Corps naval forces have seized the Marshall Islands-flagged oil tanker TALARA approximately 20 nautical miles east of Khawr Fakkan
Jacksonville-based transportation provider Trailer Bridge reported an active robbery aboard its barge Brooklyn Bridge on the evening of November 13, with
A volunteer lifeboat crew with the UK’s Royal National Lifeboat Institution (RNLI) launched early Tuesday morning to assist the 33,000-ton
China’s purchases of American soybeans appear to have stalled, less than two weeks after the US touted a wide-ranging trade truce that signaled thawing
The National Maritime Center and Regional Examination Centers are resuming operations after a federal government shutdown that lasted more than five weeks,
By Bloomberg News (Bloomberg) — The International Energy Agency said there’s “considerable downside risk” to its outlook for Russian crude
The Drewry World Container Index fell 5% to $1,859 per 40-foot container this week, marking the first weekly decrease after four consecutive weeks of gains as
Hapag-Lloyd AG delivered solid third-quarter results despite navigating volatile freight rates and a challenging geopolitical landscape, with the German
Maritime services provider Crowley has launched mooring operations at the ports of Los Angeles and Long Beach, marking a strategic expansion of its West Coast
The CMA CGM Group has signed a term sheet to acquire a 20% stake in EUROGATE Container Terminal Hamburg, marking a significant expansion of the French shipping
The U.S. Department of the Treasury has imposed sanctions on 32 individuals and entities operating across eight countries in a coordinated effort to disrupt
The livestock carrier Spiridon II remains quarantined off Band?rma, Turkey, 54 days after departing Uruguay, with approximately 2,853 cattle and 20 crew
China is stepping up its efforts to import US-sanctioned Russian gas, building the beginnings of a domestic “shadow fleet” of vessels that can transport
A buildup of a billion barrels of oil on the world’s oceans includes a disproportionately large amount of crude from nations subject to some kind of
The United Kingdom has announced sweeping new maritime sanctions targeting Russia’s liquefied natural gas exports, marking a significant escalation in
The Houthi militant group’s announcement of a suspension of maritime operations in the Red Sea has sent ripples through the global shipping industry,
Scorpio Tankers Inc. (NYSE: STNG) announced Monday it has signed letters of intent to construct two Very Large Crude Carriers at Hanwha Ocean in South Korea,
When Sun Xiushun began to travel to Guinea just over a decade ago, he was an unknown shipowner desperate to stay in the aluminum game. He found the West
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