More Stranded Oil Tankers Exit Hormuz, Adding to Global Supply
Three stranded tankers carrying 5 million barrels of crude oil were exiting the Strait of Hormuz on Wednesday, with two heading to Asia, shipping data
Three stranded tankers carrying 5 million barrels of crude oil were exiting the Strait of Hormuz on Wednesday, with two heading to Asia, shipping data
One of the world’s biggest operators of supertankers has provisionally booked a vessel to transport oil from the Persian Gulf to India at nearly nine times
The global marine insurance industry is cautiously welcoming recent diplomatic developments in the Strait of Hormuz as uncertainty continues over how the
The International Maritime Organization is telling thousands of ships stranded in the Persian Gulf to stay put and await instructions as it begins evacuating
A container ship fire now occurs somewhere in the world roughly every 17 days, highlighting the persistent danger posed by misdeclared and undeclared dangerous
The global shipping industry is entering a new era defined by geopolitical tension, fragile supply chains and heightened uncertainty, according to Allianz
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Oil exports from the United Arab Emirates in early June recovered to nearly 85% of the country’s pre-Iran war levels — rebounding even before Washington
Germany scrapped a landmark frigate program following delays and expected cost overruns, sending shares in the country's top defense firm Rheinmetall RHMG.DE,
Australian mining giant Fortescue has signed an agreement with Belgian shipping group CMB.TECH to charter up to 12 ammonia-capable Newcastlemax bulk
The global shipping industry continues to view geopolitical instability as its greatest business risk, according to the International Chamber of
Construction of the first Arctic Security Cutter (ASC) for the U.S. Coast Guard began on Tuesday at Sata Shipbuilding’s yard in Pori, Finland, marking the
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By Lori Ann LaRocco – There are signs of a slow return to normalcy in the Strait of Hormuz, but it will take time for tanker owners and operators
He wasn’t sightseeing. He was helping America see itself. By Bruce Kimbrell (Policy Op-Ed) Why a Road Trip? They called it a vanity project
U.S. Secretary of State Marco Rubio faces a delicate mission this week pitching Washington's Iran peace deal to Gulf Arab leaders who fear excessive
The International Maritime Organization will begin a large-scale evacuation of more than 11,000 seafarers still stranded in the Persian Gulf following last
Iran and Oman have begun formal talks on the future administration of navigation in the Strait of Hormuz, including maritime services and associated costs,
Pakistan's Karachi Gateway Terminal is planning up to $100 million in new investment within five years as the country tries to cut freight costs and turn a
More ships are openly signaling their intention to traverse the Strait of Hormuz, pointing to growing confidence among shipowners and traders about sending
The Strait of Hormuz is open again, but shipping companies are returning to a waterway that looks very different from the one that existed before the war.
The largest shareholder of Seacor Marine Holdings Inc. said the offshore energy services company needs to sell itself, according to a letter sent to the
The U.S. Bureau of Ocean Energy Management (BOEM) is moving forward with the next step in evaluating offshore critical mineral development off the coast of
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Oil and liquefied natural gas tankers sailed through the Strait of Hormuz on Monday, in a sign of traffic slowly picking up after Iran said it had again closed
Thirteen people were killed and dozens injured after an explosion at Qatar's massive Ras Laffan liquefied natural (LNG) gas complex which occurred as workers
(Bloomberg) — Chinese oil imports may never fully recover from the Iran war, with analysts saying the conflict accelerated a permanent shift away from
The Trump administration has issued a sweeping temporary sanctions waiver authorizing the production, sale and shipment of Iranian oil, a dramatic reversal of
Iran has ramped up the amount of oil it sends openly through the Strait of Hormuz to the highest since the war began, as shipping activity picks up while
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