Arctic LNG 2, a liquefied natural gas project led by Russia's Novatek NVTK.MM, is seeking about $1 billion in damages from South Korean shipbuilder Hanwha Ocean over canceled tanker construction contracts, according to a disclosure by Hanwha.

European natural gas prices hit a fresh three-year high as traders race to fill fuel storage facilities ahead of winter, while awaiting details of an Iran-Oman deal on shipping through the Strait of Hormuz.

Ilya Espino de Marotta took office Monday as Administrator of the Panama Canal, becoming the first woman to lead the waterway as it confronts renewed water concerns and moves ahead...

A.P. Moller-Maersk is preparing to test wind-assisted propulsion on one of its containerships, with plans to install a large Rotor Sail on an 8,700-TEU vessel next year. UK-based Anemoi Marine...

Two seafarers have been killed in an attack on a tanker in the Strait of Hormuz, UK Maritime Trade Operations confirmed Wednesday, bringing the known death toll from attacks on...

Tankers and cargo ships are transiting the Bosphorus strait adorned with nets, water tanks and tyres to try to fend off growing Russian and Ukrainian drone strikes in the Black Sea, according to security experts and video obtained by Reuters.

Major shipping industry groups are urging European policymakers to approve two Indian ship recycling yards for inclusion on the European Union’s approved list, setting up a clash with environmental groups...

South Korea’s first commercial container trial through the Arctic has attracted just 737 TEUs of cargo, well below the 1,300 TEUs initially targeted for the voyage, highlighting the challenge of generating sufficient demand for a new Northern Sea Route service.

Three liquefied natural gas cargoes loaded in Qatar and the United Arab Emirates have been transferred between ships outside the Strait of Hormuz in recent weeks for delivery to India and Japan, according to ship-tracking firms.

By Jasper Ward and Parisa Hafezi WASHINGTON/DUBAI, Sept 1 (Reuters) – The U.S. launched new air strikes on Iranian targets on Tuesday, quashing hopes that an exchange of fire last weekend might...

El Niño is strengthening across the tropical Pacific, with U.S. forecasters now seeing a greater than 90% chance it becomes a very strong event this fall and winter. The latest...

Mine clearance in the Strait of Hormuz is “not sufficient on its own” to bring commercial shipping back to normal, INTERTANKO warned, even as the tanker industry group welcomed the...