Surging Tanker Rates Signal Deepening Global Energy Crisis
Global tanker freight rates are surging to record levels with little respite in sight, a sign of the growing strain in oil markets as traders, shipowners,
Global tanker freight rates are surging to record levels with little respite in sight, a sign of the growing strain in oil markets as traders, shipowners,
A Federal Maritime Commission administrative law judge has rejected Peloton Interactive’s bid to recover $33.7 million in detention, demurrage and related
Iran-aligned Houthis seized control of Yemen's port city of Mocha on Thursday, military sources said, posing a further threat to global energy supplies hours
Vessel transits via the Strait of Hormuz fell on Wednesday to seven from 12 the previous day, preliminary ship-tracking data showed on Thursday, with levels
Global tanker freight rates are surging to record levels with little respite in sight, a sign of the growing strain in oil markets as traders, shipowners,
Russia has conducted two dark ship-to-ship (STS) transfers involving oil cargoes that traveled through the Northern Sea Route, highlighting the increasingly
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Hanwha’s push into U.S. naval shipbuilding was on display Wednesday as Acting Secretary of the Navy Hung Cao toured the company’s Philadelphia shipyard and
LONDON, Sept 9 (Reuters) – A container ship arrived in Britain on Wednesday after a landmark voyage from China via the Arctic, as
By Laura Curtis (Bloomberg) — A Southern California startup with plans to deploy floating nuclear power plants may be one step closer to providing
A group representing 18 major shipping nations is warning that growing geopolitical tensions, unilateral trade measures and the expansion of the shadow fleet
The peak shipping season at major U.S. container ports is proving longer than expected, with September now forecast to become the busiest month of the year for
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The armed conflicts, trade wars, and extreme weather events hammering maritime supply chains are not one-offs, but rather signs of a “structural shift” for
Iran said on Wednesday it had attacked 10 ships near the Strait of Hormuz after the U.S. sank five Iranian oil tankers, in the biggest declared wave of
U.S. forces destroyed five Iranian crude oil tankers Tuesday after the Islamic Revolutionary Guard Corps targeted a U.S. Navy warship with ballistic missiles
The U.S. Maritime Administration has designated 16 additional maritime training institutions as Centers of Excellence, expanding a federal program aimed at
Samsung Electronics America is seeking at least $186 million from CMA CGM in a new complaint before the Federal Maritime Commission, accusing the French
Europe’s largest industrial carbon capture facility has officially opened at Yara’s ammonia and fertilizer complex in Sluiskil, the Netherlands, creating a
Suez Canal revenue rose 42% in July from the year earlier, as the Iran war’s effective closure of the Strait of Hormuz and Houthi threats in the southern Red
Oil tanker company Hunter Group ASA says it’s owed $55 million by a counterparty that’s disputing its contractual obligations after a surge in the
MSC Shipmanagement Limited and the owner of the containership MSC Samira III have been ordered to pay a combined $1.75 million fine after pleading
Arctic LNG 2, a liquefied natural gas project led by Russia's Novatek NVTK.MM, is seeking about $1 billion in damages from South Korean shipbuilder Hanwha
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European natural gas prices hit a fresh three-year high as traders race to fill fuel storage facilities ahead of winter, while awaiting details of an Iran-Oman
Ilya Espino de Marotta took office Monday as Administrator of the Panama Canal, becoming the first woman to lead the waterway as it confronts renewed water
By Sabrina Brigance, CMIP Ports have traditionally measured performance through cargo volume, vessel calls, crane productivity, and infrastructure capacity.
Russia has begun loading crude from its giant Vostok Oil development onto tankers at the newly built Bukhta Sever terminal on the Kara Sea, marking the start
For decades, China’s maritime pressure on Taiwan centered on the major shipping strait separating the two neighbors. Now, Beijing is piling unprecedented
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