Washington Moves to Break Hormuz Shipping Paralysis With $20B Maritime Insurance Plan
The Trump administration on Friday unveiled a $20 billion maritime reinsurance facility aimed at restoring confidence in commercial shipping through the
The Trump administration on Friday unveiled a $20 billion maritime reinsurance facility aimed at restoring confidence in commercial shipping through the
At least four seafarers have reportedly been killed in an attack on a tug operating near the Strait of Hormuz, prompting a warning from the head of
Russia is providing Iran with targeting information that includes locations of U.S. warships and aircraft in the Middle East, the Washington Post reported on
As the conflict in the Gulf widens, maritime insurance premiums for war coverage are surging -- in some cases by more than 1000% -- dramatically driving up
Qatar appears to have loaded its first liquefied natural gas cargo after the widening conflict in the Middle East forced it to halt fuel production and declare
The viral social media post claimed Donald Trump had just "killed the British Empire" in a matter of minutes. The truth is simultaneously more complicated,
The U.S. Treasury Department has issued a temporary sanctions waiver allowing Indian refiners to receive Russian crude oil cargoes already loaded on tankers, a
The US sinking of an Iranian warship off Sri Lanka’s coast expands the deepening Middle East war to India’s doorstep, unsettling New Delhi’s calibrated
A U.S. submarine torpedoed Iranian warship IRIS Dena off Sri Lanka, killing 87 sailors returning from Indian naval exercises. A second Iranian vessel is now in
Hundreds of thousands of containers are in limbo after ocean carriers suspend cargo bookings to Arabian Container
Companies in the United States and Australia, two of the top global liquefied natural gas producers, have little spare capacity to offset lost supply
The global shipping industry is raising urgent warnings about the safety of civilian seafarers as escalating conflict in the Middle East halts commercial
War risk insurance for vessels transiting the Persian Gulf and Red Sea remains available despite a wave of cancellations tied to the escalating conflict in the
A tanker anchored off Kuwait reported a large explosion late Tuesday followed by the departure of a small craft from the area, raising fresh concerns about
It’s never been more expensive to ship crude from the US to Asia, though some deals are starting to fall through already with rates
Commercial shipping through the Strait of Hormuz has slowed to a near standstill as missile attacks, drone threats, and widespread electronic interference
Qatar declared force majeure on LNG exports amid the U.S.-Israeli war on Iran, shutting down facilities that supply 20% of global liquefied natural gas. The
A containership transiting the Strait of Hormuz was struck by a projectile on Wednesday, damaging the vessel and forcing the crew to abandon ship in the latest
Iranian drone attack forces Qatar to shut down Ras Laffan LNG facility for first time in 30 years, threatening a fifth of global supply. European gas prices
An Iranian Navy warship has been sunk by a U.S. Navy attack submarine in the Indian Ocean, marking what U.S. officials say is the first time since World War
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