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Thursday, February 22, 2024
FILE PHOTO: Houthi followers hold a Palestinian flag during a parade in solidarity with the Palestinians in the Gaza Strip and to show support to Houthi strikes on ships in the Red Sea and the Gulf of Aden, in Sanaa, Yemen January 29, 2024. REUTERS/Khaled Abdullah//File Photo
News

Iran-Backed Houthis Preparing for Long Battle with the U.S.

Houthi militants and their Iranian backers are preparing for a lengthy confrontation with the US and allies around the Red Sea regardless of how

February 22, 2024
Total Views: 1990

Wednesday, February 7, 2024
A tanker transits the Suez Canal. Shutterstock/Anatoly Menzhiliy
Shipping

US, UK Ship Investors Hit by Soaring Red Sea Insurance

LONDON, Feb 7 (Reuters) – War underwriters have raised the premiums they charge to U.S., British and Israeli firms by as high as 50% for ships

February 7, 2024
Total Views: 653

Tuesday, February 6, 2024
Christophe de Margerie LNG carrier
Shipping

US Sanctions Halt Delivery of New Vessels for Russia’s Arctic LNG 2

(Bloomberg) — The delivery of specialized ships to a new Russian liquefied natural gas facility is being upended by US sanctions, according to Mitsui

February 6, 2024
Total Views: 9055

Thursday, January 11, 2024
tanker at sea
Navy

Iran Seizes Oil Tanker in Retaliation Against U.S. Oil Confiscation

By Jana Choukeir, Ahmed Elimam and Robert Harvey DUBAI, Jan 11 (Reuters) – Iran seized a tanker with Iraqi crude destined for Turkey

January 11, 2024
Total Views: 28592

Saturday, December 23, 2023
Polar Star at anchor in Taylor Bay, Alaska
Offshore

US Claims Huge Chunk of Seabed Amid Strategic Push For Resources

By Danielle Bochove (Bloomberg) –The US extended its claims on the ocean floor by an area twice the size of California, securing rights to

December 23, 2023
Total Views: 26667

Thursday, December 21, 2023
tanker at sea
Shipping

Opinion: US and Allies Face Tough Choices Amid Growing Red Sea Crisis

By Peter Apps LONDON, Dec 21 (Reuters) – As the Pentagon asked allies to provide warships for an international task force to protect

December 21, 2023
Total Views: 4423

Thursday, December 14, 2023
Sailors assigned to the Arleigh Burke-class guided-missile destroyer USS Carney (DDG 64) stand watch in the ship’s Combat Information Center during an operation to defeat a combination of Houthi missiles and unmanned aerial vehicles, October 19, 2023. U.S. Navy Photo
Defense

US Working with Allies on Solution to Stop Houthi Red Sea Attacks

(Bloomberg) — The US is working with allies to create a multinational effort to protect ships passing through the Red Sea in an effort to stem a surge in

December 14, 2023
Total Views: 1941

Monday, December 11, 2023
Containers are seen at Yantian port in Shenzhen, Guangdong province, China July 4, 2019. Picture taken July 4, 2019. REUTERS/Stringer
Shipping

Global Trade to Drop 5% This Year Amid Geopolitical Headwinds

(Bloomberg) — Global trade will decline in 2023 by about 5% from last year’s record as high borrowing costs weigh on economies, US-China

December 11, 2023
Total Views: 611

Wednesday, December 6, 2023
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

US Sanctions Show Early Signs of Disrupting Russian Oil Tankers

(Bloomberg) — US sanctions on a handful of tankers engaged in the Russian oil trade appear to have placed several of the ships in limbo, highlighting the

December 6, 2023
Total Views: 1186

Monday, December 4, 2023
Sailors assigned to the Arleigh Burke-class guided-missile destroyer USS Carney (DDG 64) stand watch in the ship’s Combat Information Center during an operation to defeat a combination of Houthi missiles and unmanned aerial vehicles, October 19, 2023. U.S. Navy Photo
News

US Warns Iran-Backed Houthis After Red Sea Shipping Attacks

(Bloomberg) — Iranian-backed Houthi rebels claimed they targeted “two Israeli ships” in the Red Sea, part of a series of attacks against commercial

December 4, 2023
Total Views: 1366

Friday, December 1, 2023
lng carrier
Shipping

US LNG Exports Approach Record Levels

HOUSTON, Dec 1 (Reuters) – U.S. liquefied natural gas (LNG) exports in November rose to the second highest monthly production level on record,

December 1, 2023
Total Views: 2140

Russian Oil Tankers. REUTERS/Tatiana Meel/File Photo
Shipping

US Issues Fresh Sanctions Over Russian Oil Price Cap Violations

By Daphne Psaledakis and Timothy Gardner WASHINGTON, Dec 1 (Reuters) – The United States on Friday imposed additional sanctions related to the price

December 1, 2023
Total Views: 662

Sunday, November 26, 2023
uss hopper.Photo by Mass Communication Specialist 2nd Class Alexander Ventura II/Released)
Defense

China, US Exchange Accusations Over US Vessel In South China Sea

BEIJING/SHANGHAI, Nov 26 (Reuters) – China and the United States exchanged accusations at the weekend over the disputed South China Sea, after

November 26, 2023
Total Views: 3502

Tuesday, November 14, 2023
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

US Alarms Tanker Owners With Russian Price Cap Letters

(Bloomberg) — The US Treasury’s sudden flurry of letters to tanker companies for potentially breaching a Group of Seven price cap on Russian oil

November 14, 2023
Total Views: 3143

Srettha Thavisin, Prime Minister of Thailand, stands in front of an infographic depicting the Landbridge to bypass the Malacca Strait
News

Thailand Pitching $28 Billion Malacca Strait Bypass Plan

(Bloomberg) — Thailand is pitching a multibillion-dollar project that will significantly cut shipping times between the Indian and Pacific oceans by

November 14, 2023
Total Views: 10127

ships at anchor
Shipping

Kremlin Dismisses US Probe Into Oil Sanctions

MOSCOW, Nov 14 (Reuters) – The Kremlin said on Tuesday that Russia was acting in its own interests when asked about a probe by the United

November 14, 2023
Total Views: 585

Monday, November 13, 2023
File photo of an oil tanker at sea
Shipping

US Investigating 30 Ship Managers Over Suspected Russia Oil Sanctions Violations

WASHINGTON, Nov 13 (Reuters) – The U.S. Treasury Department has sent notices to ship management companies requesting information about 100 vessels it

November 13, 2023
Total Views: 3705

Wednesday, November 8, 2023
Panoramic view of the ship yard and dock of the Port Of Colombo, Sri Lanka
News

US Commits Over $500 Million to Develop Sri Lanka Container Terminal

(Bloomberg) — The US will provide $553 million in financing for a port terminal in Sri Lanka’s capital being developed by Indian billionaire Gautam

November 8, 2023
Total Views: 2301

Stock photo of an lng carrier at sunset
Shipping

How Shipping More US Gas to Europe Helped Fuel C02 Pollution

Nov 8 (Reuters) – Carbon dioxide emissions from U.S. liquefied natural gas facilities have jumped to 18 million tons per year, up 81% since

November 8, 2023
Total Views: 917

Sunday, November 5, 2023
Libya-nautical-chart
Defense

Putin’s Move To Secure Libya Bases Is New Regional Worry For US

By Bloomberg News Nov 5, 2023, (Bloomberg) —Russia is moving to expand its military presence in eastern Libya, a plan that could lead to a naval

November 5, 2023
Total Views: 4191
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