Genco Shipping & Trading Limited (NYSE:GNK), the largest U.S.-headquartered drybulk shipowner, has closed a $600 million revolving credit facility that will provide “significant capacity to pursue accretive growth opportunities.” The...

The European Union did not approve the 18th Russia sanctions package on Tuesday, the EU's foreign chief Kaja Kallas said after a meeting with EU foreign ministers in Brussels.

Russia’s crude exports hit a one-month high, driven by a surge in weekly flows that coincided with a sharp drop in refinery runs. The increase came before President Donald Trump’s threat of secondary tariffs on buyers of Russian oil if Moscow fails to make a swift peace with Ukraine.

Japan-based ITOCHU Corporation has signed a shipbuilding contract for a 5,000 m3 ammonia bunkering vessel with Sasaki Shipbuilding Co., Ltd., marking a significant step forward in maritime decarbonization efforts. The...

The maritime industry has long viewed autonomous ships as a distant future technology, but this perspective is dangerously outdated, according to Orca AI CEO and Co-founder Yarden Gross. “Autonomous ships...

The Australian Transport Safety Bureau (ATSB) has initiated an investigation into a propulsion failure incident involving the bulk carrier FMG Nicola that occurred at Port Hedland, Western Australia, in February. The investigation...

BRUSSELS, July 11 (Reuters) – The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude in the previous three months, EU diplomats said....

Tanker operator Stena Bulk is set to make history as it prepares to reflag its first Suezmax tanker, Stena Sunrise, under the Swedish flag at the end of July in...

The search operation for survivors of the Eternity C has been called off, a spokesperson for the ship manager confirmed to gCaptain.com. Ten seafarers have been rescued, another six are believed...

By Elena Mazneva and Anna Shiryaevskaya Jul 11, 2025 (Bloomberg) –An LNG cargo tanker from Qatar has been redirected from Europe to Asia, where intense summer heat is driving a surge...

US revenue from customs duties this fiscal year surpassed $100 billion for the first time, reflecting higher tariffs imposed by the Trump administration.

Commercial ships still sailing through the Red Sea are broadcasting messages about their nationality and even religion on their public tracking systems to avoid being targeted by Yemen's Houthis after deadly attacks this week by the militia.