Shipping Industry News

Russia has started seaborne imports of gasoline from India, two industry sources said on Wednesday, in an effort to mitigate fuel shortages triggered by Ukrainian attacks on its energy infrastructure.

Iran said a foreign container ship ran aground while sailing through the Strait of Hormuz via an “unauthorized” route, repeating its warning that vessels should only transit the waterway in coordination with the Islamic Republic.

A new analysis from maritime consulting firm Navigistics Consulting argues the Trump administration’s emergency Jones Act waiver has failed to deliver its stated objectives, finding no evidence of military necessity...

A U.S. congressman is urging the Trump administration to deploy one of the Navy’s two hospital ships to Venezuela following the devastating earthquakes that have killed more than 1,400 people...

Shipping disruptions in the Strait of Hormuz due to the Iran war could keep global liquefied natural gas trade flat this year if flows return to normal in the next three months, Shell said on Tuesday, though it expects growth to resume in 2027 and demand to rise sharply by 2050.

Great Lakes Dredge & Dock has taken delivery of Acadia, the first U.S.-flagged, Jones Act-compliant subsea rock installation vessel, marking a milestone for the domestic offshore construction fleet as the company...

U.S. retailers have brought forward orders from China by four-to-six weeks to secure their inventories for Black Friday and Christmas holiday sales before expected tariff hikes later this year, shipping executives said.

Iran reiterated its determination to control maritime traffic through the Strait of Hormuz, raising the stakes ahead of fresh talks in Qatar on formally ending its war with the US.

The reopening of the Strait of Hormuz may ease immediate pressure on global shipping and energy markets, but the economic fallout from more than 100 days of disruption will continue...

China's military and coast guard said on Tuesday they had carried out patrols in the waters around Scarborough Shoal in the South China Sea, as part of safeguarding Beijing's territorial claims to the area.

Traffic through the Strait of Hormuz picked up for the first time since Iran’s recent attacks on ships in the waterway, with more operators sending crude tankers into the Persian Gulf.

A Chinese-owned tanker has once again transported asphalt between U.S. ports under the Trump administration's emergency Jones Act waiver, renewing questions about the continued use of a national security exemption following this month's MoU between the U.S. and Iran to reopen the Strait of Hormuz and end ongoing hostilities.