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 Middle East, according to the International Union of Marine Insurance, offering a limited pathway for ships considering a return to the region.

The U.S. attack on an Iranian warship in the Indian Ocean this week was the first time since World War Two that the United States has sunk an enemy vessel with a torpedo.

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 maritime security in the...

The U.S. Court of International Trade has ordered U.S. Customs and Border Protection to begin unwinding tariffs imposed under the International Emergency Economic Powers Act (IEEPA), directing the agency to...

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 sky-high.

Commercial shipping through the Strait of Hormuz has slowed to a near standstill as missile attacks, drone threats, and widespread electronic interference continue to rattle the region, according to the...

An LNG carrier central to Russia’s sanctioned Arctic gas trade was rocked by an explosion around 4 a.m. on March 3 roughly 150 nautical miles southeast of Malta, in an incident Moscow said was a Ukrainian attack and that could ripple through the Kremlin’s fragile LNG shadow fleet logistics network.

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 shutdown will take at least a month to reverse, sending gas prices to multi-year highs.

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 escalation of attacks...

Belgium detained Russian oil tanker Ethera and imposed a €10 million bail after discovering 45 violations including sailing under a false Guinean flag. The vessel is part of Russia's shadow fleet circumventing Western sanctions on oil exports.

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 surge 50% as Energy Minister Al-Kaabi scrambles to reassure buyers and find replacement cargoes.

The world’s largest shipping association says a proposal by U.S. President Donald Trump to provide political risk insurance for vessels operating in the Persian Gulf could help restore some confidence...