Most G7 Members Ready to Lower Russian Oil Price Cap Without U.S.
Most countries in the Group of Seven nations are prepared to go it alone and lower the G7 price cap on Russian oil even if U.S. President Donald
Most countries in the Group of Seven nations are prepared to go it alone and lower the G7 price cap on Russian oil even if U.S. President Donald
Today marks the 250th anniversary of what historians consider the birth of the U.S. Merchant Marine and the first naval battle of the American Revolution. On
Several of the world’s largest ocean-tanker operators said they remained calm but cautious after risk warnings from naval forces for vessels operating in and
A Taiwanese court sentenced the Chinese captain of a ship to three years in jail on Thursday after finding him guilty of intentionally damaging undersea
OPEC countries have recorded their highest weekly crude tanker loadings since April 2023, with a significant 24% week-on-week increase to 2.281 million barrels
Australia's Defence Minister Richard Marles said on Thursday he was confident the AUKUS submarine pact with the U.S. and Britain would proceed, and his
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Indian authorities have launched a criminal case against the owner, master, and crew members of the containership MSC Elsa 3, which sank off the coast of
The United States is preparing a partial evacuation of its Iraqi embassy and will allow military dependents to leave locations around the Middle East due to
Canadian shipbuilder Davie announced today its plans to acquire shipbuilding assets in Galveston and Port Arthur, Texas from Gulf Copper & Manufacturing
The Department of Defense has placed shipbuilding at the heart of its FY2026 strategy, pledging $5.9 billion to revitalize the U.S. maritime industrial base
The Singapore-flagged container vessel MV Wan Hai 503 remains adrift approximately 42 nautical miles off Beypore, Kerala, carrying 2,128 MT of fuel and
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A U.S.-China trade deal is "done," U.S. President Donald Trump said on Wednesday, hours after negotiators from Washington and Beijing agreed on a framework
The International Chamber of Shipping (ICS) released its Maritime Barometer Report 2024-2025 today in Athens, revealing a deepening concern among maritime
The United Kingdom Maritime Trade Operations (UKMTO) office has issued an advisory to shipping warning of potential military escalation in the Arabian Gulf
The two Chinese aircraft carriers spotted conducting simultaneous operations in the Pacific for the first time send a political message about the country's
The global container shipping industry is experiencing unprecedented levels of fleet utilization, with commercial idle capacity hitting a remarkable low of
Atlantic Shores Offshore Wind has terminated its 1.5-gigawatt offshore wind project in New Jersey, marking a significant setback for the U.S. offshore wind
Australian shipbuilder Austal Limited (ASX: ASB) has challenged South Korean defense giant Hanwha Group’s announcement regarding U.S. regulatory approval
A Chinese aircraft carrier made one of its deepest forays into the Pacific Ocean over the weekend as Beijing continues to project its military power further
Four Mexican fishermen have pleaded guilty to illegally harvesting red snapper from U.S. waters, marking a significant shift in enforcement policy for marine
A major fire continues to rage aboard the Singapore-registered containership Wan Hai 503 off the coast of India, with four crew members still missing and
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The sale of two ports near the Panama Canal to a global consortium led by Mediterranean Shipping Company (MSC) threatens the canal's principle of
US oil production is poised to rise this year and next as President Donald Trump pushes for more drilling. But as crude prices tumble, most of the growth will
The European Commission has proposed an 18th package of sanctions against Russia for its invasion of Ukraine, aimed at Moscow's energy revenues, its banks
INTERCARGO’s latest casualty report reveals a significant improvement in bulk carrier safety over the past decade, though emerging security threats in
Russia’s newest ice-capable oil tanker, Valentin Pikul, has reached the Vostok Oil project, under construction in the high Arctic, for the first time. The
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