Russian LNG Carrier ‘Alexey Kosygin’ Makes First Delivery, Amid Looming Arctic Fleet Crunch
Russia’s newest liquefied natural gas carrier, the Arc7 ice?class vessel Alexey Kosygin, made its inaugural delivery to the Saam floating storage and
Russia’s newest liquefied natural gas carrier, the Arc7 ice?class vessel Alexey Kosygin, made its inaugural delivery to the Saam floating storage and
The captain of a container ship that crashed into a U.S. tanker off Britain's east coast last year was jailed for six years on Thursday for causing the death
A.P. Moller-Maersk A/S plans to cut jobs and focus on cost discipline this year as the container giant seeks to insulate its earnings against deteriorating
Port of Virginia commissions four ULCV berths with new ship-to-shore cranes as historic 55-foot channel deepening project nears completion, positioning Norfolk
Equinor expects 10-20% production decline at Johan Sverdrup, Europe's largest oil field growth source. The decline signals broader challenges for global oil
Iranian Revolutionary Guard forces confronted the US-flagged tanker Stena Imperative in the Strait of Hormuz, prompting a US Navy escort response and
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India launches state-backed Bharat Container Shipping Line joint venture to challenge foreign carriers' dominance and cut the country's $70-75 billion annual
Hong Kong's CK Hutchison said on Wednesday its Panama Ports Company unit has started international arbitration proceedings against Panama after the
The Bureau of Ocean Energy Management (BOEM) plans to auction roughly 80.4 million acres of federal waters in the Gulf of America next month, advancing the
Fifteen migrants died when their overloaded boat collided with a Greek Coast Guard vessel off Chios Tuesday evening. The boat was carrying at least 39
European buyers are aggressively importing liquefied natural gas from Russia’s Arctic Yamal LNG project as the continent prepares for a full EU ban on
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US Gulf Coast refiners are struggling to absorb surging Venezuelan oil imports after Trump's $2B supply deal. Venezuelan exports tripled to 800K bpd but prices
Estonia's Tax and Customs Board said late on Tuesday it had detained a container ship sailing under the Bahamian flag in Estonia's internal waters that may be
Global container liners are bracing for lower profits in 2026 as the potential reopening of the Red Sea shipping route weighs on freight rates, exacerbating
Royal Caribbean Group ordered two Discovery class ships from Chantiers de l'Atlantique with options for four more, while committing to 10 additional Celebrity
Ocean Network Express (ONE) slipped into the red in the third quarter of its fiscal year 2025, reporting a net loss of $88 million on revenue of $4.07 billion
The U.S. Department of Transportation has approved a license for Texas GulfLink, LLC to build and operate a deepwater crude oil export terminal off
BERLIN, Feb 3 (Reuters) – Two workers have been arrested on suspicion of sabotaging several German warships at Hamburg harbor in 2025, the prosecutor
Malaysia’s seizure of two crude oil tankers suspected of carrying out an unauthorised ship-to-ship transfer off Penang was initially hailed as one of the
A merchant tanker transiting the Strait of Hormuz was harassed by Iranian forces on Monday in an incident that now appears to involve the U.S.-flagged Stena
Maersk and Hapag-Lloyd have announced the first structural return of a Gemini Cooperation service to the Red Sea, marking a cautious step toward
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BEIJING, Feb 3 (Reuters) – China warned Panama on Tuesday there would be “heavy prices” to pay after a court ruling there annulled Hong
A newly announced trade agreement between the United States and India could significantly reshape global crude oil flows and tanker demand, potentially cutting
The International Maritime Organization is moving to bring wind-assisted propulsion fully into the regulatory mainstream, approving a formal workplan that
A merchant vessel transiting the Strait of Hormuz was hailed by multiple small armed craft on Monday in an encounter now under investigation, according to a
Qatar signed a 27-year deal to sell liquefied natural gas to Japan’s biggest utility, marking a turnaround for a dwindling fuel trade between the two
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