Latest trade data show no dramatic changes in the flow of trade through the Strait of Hormuz and Bab el-Mandeb.

South Korean shipping companies SK Shipping Co. and H-Line Shipping Co. — both owned by private equity firm Hahn & Co. — will swap tankers and contracts to create one of the world’s largest operators of liquefied natural gas carriers.

The disruption in the Strait of Hormuz is proving both costly and profitable for container shipping, with Gemini Cooperation partners Maersk and Hapag-Lloyd reporting sharply higher operating costs alongside stronger...

Ambrey has launched a major international salvage operation for the grounded tanker Caroline Bezengi off Oman, deploying specialist personnel and equipment as crews race to stabilize the vessel amid a rapidly expanding...

A tanker suffered serious damage to its hull while navigating through Arctic sea ice despite being assisted by an icebreaker, highlighting the risks facing vessels using Russia’s Northern Sea Route as Moscow rapidly expands oil shipments through the Arctic.

Danish shipping group Maersk MAERSKb.CO on Thursday smashed profit forecasts and raised its full-year earnings guidance for a second time this year as the Middle East conflict, port congestion and strong demand pushed freight rates higher.

The Internal Revenue Service has issued new guidance clarifying that foreign shipping companies operating between U.S. ports under the Jones Act waiver cannot claim a longstanding tax exemption normally available...

Ukraine has paused drone strikes on oil tankers using Russia's Black Sea port of Novorossiysk after a request from U.S. Vice President JD Vance, the Financial Times said on Wednesday, citing Ukrainian officials.

A vast oil spill in the Gulf is quickly becoming one of the world’s worst in years after being allowed to spread almost unchecked for weeks, according to international agencies, satellite imagery and environmental groups.

The International Energy Agency has again cut its outlook for global oil supply and demand as renewed fighting around the Strait of Hormuz disrupts Gulf exports, drains inventories and pushes...

Taiwan's government condemned planned Chinese navy drills with an Indonesian warship off its east coast, saying they were dangerous and showed Beijing was trying to create a false impression that it controls those waters.

President Donald Trump claimed the US had “total control over the Hormuz Strait,” as Washington and Tehran hardened their positions in deadlocked negotiations over the critical waterway.