CAIRO, Feb 19 (Reuters) – Suez Canal Authority Chairman Osama Rabie said on Wednesday that the Red Sea crisis did not create a sustainable route to replace the canal, adding that there were positive indicators...

BRUSSELS, Feb 19 (Reuters) – EU envoys on Wednesday agreed on a 16th package of sanctions against Russia, EU diplomats said, including a ban on primary aluminum imports, sales of gaming consoles and the listing...

The European Union has extended its maritime security operation in the Red Sea region until February 28, 2026, allocating over €17 million to safeguard freedom of navigation amid ongoing regional...

By Julian Lee (Bloomberg) — Russia has amassed new tankers and resorted to ship-to-ship cargo transfers to keep key oil exports flowing. But deliveries to customers remain a problem, with laden...

Venture Global LNG will begin commercial operations at its Calcasieu Pass plant in Louisiana on April 15, the company said on Monday, some three years after it shipped its first LNG cargo in a move that led to a protracted dispute with customers.

U.S. naval forces successfully rescued seven mariners from a sinking Iranian commercial vessel in the Arabian Gulf. The rescue operation involved the USS DEVASTATOR (MCM 6) and U.S. Coast Guard...

The Ecuadorian Navy intercepted the containership Guayaquil Express approximately 45 nautical miles from Manta, discovering about 1,745 blocks of suspected illegal drugs during a special operation. Coast Guard Command and...

(Bloomberg) — The Group of Seven is considering collectively tightening or adapting an oil price cap on Russian petroleum in an effort to reduce Moscow’s revenues as the war in...

Some major shipping lines including Hapag-Lloyd AG and Louis Dreyfus Armateurs are calling on the International Maritime Organization to avoid backing crop-based biofuels as the industry pushes to decarbonize.

The U.S. Maritime Administration (MARAD) has approved the construction of a new deepwater port off the Texas coast, marking a significant expansion of America’s oil export capabilities. The Texas GulfLink...

By Gian Volpicelli and Andrea Palasciano Feb 15, 2025 (Bloomberg) –The European Union is mulling a public-private initiative worth “hundreds of millions” of euros to buy ships that can promptly repair...

U.S. President Donald Trump's administration said on Friday it has granted a liquefied natural gas export license to the Commonwealth LNG project in Louisiana, the first approval of LNG exports after former President Joe Biden paused them early last year.