Several of the world’s largest ocean-tanker operators said they remained calm but cautious after risk warnings from naval forces for vessels operating in and around the Persian Gulf, the world’s largest oil-producing region.

OPEC countries have recorded their highest weekly crude tanker loadings since April 2023, with a significant 24% week-on-week increase to 2.281 million barrels per day (mbpd) in week 23, according...

The International Chamber of Shipping (ICS) released its Maritime Barometer Report 2024-2025 today in Athens, revealing a deepening concern among maritime leaders about their ability to navigate an increasingly complex...

The United Kingdom Maritime Trade Operations Office (UKMTO) has issued an advisory to shipping warning of potential military escalation in the Arabian Gulf region that could directly impact maritime operations....

The sale of two ports near the Panama Canal to a global consortium led by Mediterranean Shipping Company (MSC) threatens the canal's principle of neutrality, the canal's head Ricaurte Vasquez told the Financial Times.

The European Commission has proposed an 18th package of sanctions against Russia for its invasion of Ukraine, aimed at Moscow's energy revenues, its banks and its military industry, European Commission President Ursula von der Leyen said on Tuesday.

The U.S. House of Representatives today passed a package of nine transportation-related bills, including several aimed at enhancing maritime supply chain security, reinforcing the U.S. flag fleet, and cracking down...

The Office of the United States Trade Representative (USTR) has opened a public comment period regarding proposed modifications to its Section 301 trade actions targeting China’s maritime sector dominance. The...

By Arathy Somasekhar, Georgina McCartney and Trixie Yap HOUSTON/SINGAPORE, June 6 (Reuters) – Over half a dozen U.S.-loaded ethane vessels, originally bound for China, have stalled around the U.S. Gulf Coast after Washington requested U.S. exporters...

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced sweeping sanctions against an Iranian shadow banking network, targeting over 30 individuals and entities linked to...

Container spot freight rates on the transpacific and Asia-Europe trades saw a massive jump this week, as a series of 1 June general rate increases (GRIs) took effect and held for the remainder of the week.

The U.S. trade deficit narrowed sharply in April, with imports decreasing by the most on record as the front-running of goods ahead of tariffs ebbed, which could provide a lift to economic growth this quarter.