VLCC charter rates have pushed back into six-figure territory, with DHT Holdings (NYSE:DHT) securing a one-year time charter at $105,000 per day for the 2011-built DHT Redwood — one of the highest publicly disclosed fixtures of...

Ten years ago today, the LNG carrier Asia Vision departed Louisiana's Sabine Pass Terminal carrying 3.3 billion cubic feet of liquefied natural gas bound for Brazil. That single shipment marked the beginning of what would become one of the most dramatic transformations in global energy markets.

Four years to the day after Russia’s full-scale invasion of Ukraine, the United Kingdom has delivered what officials are calling their most comprehensive sanctions package since the early months of...

The UK government announced new sanctions on Russia’s so-called shadow oil fleet as it ramped up efforts to squeeze energy revenues funding the Kremlin’s war in Ukraine.

President Trump’s proposal to dispatch a U.S. hospital ship to Greenland would run into a combination of environmental and logistical hurdles that make such a mission impractical in February or March, when Arctic sea ice typically reaches its maximum annual extent.

Panama on Monday published in its official gazette a Supreme Court ruling canceling key port contracts held by a subsidiary of CK Hutchison, clearing the way for Maersk's APM Terminals to take over temporarily.

West African crude traders are slashing prices as soaring freight costs and an unfavorable Brent-Dubai spread kill Asian demand. Tanker rates to Asia hit five-year highs while Nigerian crude discounts deepen with no buyers emerging.

President Donald Trump on Monday said any countries that wanted to "play games" after a key U.S. Supreme Court tariff ruling that they would face much higher tariffs.

Houston-based offshore vessel giant Tidewater Inc. is making a major push into Brazil, announcing a definitive agreement to acquire Wilson Sons Ultratug Participações S.A. (WSUT) and its affiliate Atlantic Offshore Services S.A. in a deal valued at approximately $500 million.

The International Labour Organization (ILO), the International Chamber of Shipping (ICS), and the International Transport Workers’ Federation (ITF) marked the 20th anniversary of the Maritime Labour Convention (MLC) this week with a renewed push to strengthen...

Russia’s flagship crude is selling at the deepest discount in the international marketplace in almost three years as western sanctions deter trade with Moscow.

NUUK, Feb 21 (Reuters) – Denmark’s Joint Arctic Command said on Saturday it had evacuated a crew member who required urgent medical treatment from a U.S. submarine in Greenlandic waters, seven nautical miles...