Commonwealth LNG has secured a significant 20-year Sale and Purchase Agreement (SPA) with a major Asian energy company for 1 million tonnes per annum (mtpa) of LNG from its upcoming...

European firms are reporting earnings significantly ahead of expectations, allowing for some relief in the market, but tariffs and the uncertain path of economic growth continue to cloud the outlook.

By Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW, May 4 (Reuters) – OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November,...

Spot rates across all the major east-west deepsea trades continued their downward descent this week, although it has become increasingly clear that widespread blanked sailings on the transpacific trade managed to stave off a complete crash.

The Mediterranean Sea has become the world’s fifth Emission Control Area (ECA) for sulphur oxides starting May 1, 2025. This landmark regulation, adopted by the International Maritime Organization (IMO), will...

Small-value packages shipped to the US from China will no longer be exempted from tariffs starting Friday, when President Donald Trump’s move against an exception he called a “big scam” takes effect.

U.S. Senators from California, Washington, and Oregon joined West Coast port leaders today in an urgent warning about severe economic consequences stemming from recently imposed tariffs that threaten to dramatically reduce containership traffic at major U.S. ports.

Multiple commercial vessels anchored at Yemen’s Ras Isa port are being forcibly detained by Houthi forces despite having proper UN clearance, according to a UKMTO warning issued May 1, 2025....

Cosco Shipping Holdings Co.’s profit jumped, along with improved revenue from its transpacific routes, as customers front-loaded shipments ahead of new fees from the US Trade Representative set to target Chinese shippers.

Hapag-Lloyd has reported strong first-quarter results for 2025, with Group EBITDA increasing by 17% to US $1.1 billion compared to the same period last year. The German container shipping giant...

China is yet to announce regular statistics on trade flows for last week, delaying a closely watched data set as firms cut back on exports to the US.

Woodside Energy Group has announced a final investment decision (FID) for its massive $17.5 billion Louisiana LNG production and export facility in Calcasieu Parish. The project, which represents the largest...