The UK and EU have announced major sanctions targeting Russia’s shadow fleet of oil tankers, marking an escalation in efforts to curtail Moscow’s maritime trade operations. Marking its largest sanctions package...

The Trump administration took aim at China with a series of moves involving investment, trade and other issues that raises the risk ties may soon worsen between the US and its top economic rival.

Feb 23 (Reuters) – Iraq will export 185,000 barrels per day from Kurdistan’s oilfields through the Iraq-Turkey pipeline once the oil shipments resume, an Iraqi oil ministry official said on Sunday. Basim Mohammed,...

By Salma El Wardany Feb 23, 2025(Bloomberg) –Egypt’s Suez Canal Authority said 47 ships have rerouted to use the waterway since the start of February, a tentative recovery after a ceasefire...

By Julian Lee Feb 21, 2025 (Bloomberg) –A cargo of Russian oil that’s under heavy US sanctions vanished from global tracking systems, evidence of how difficult it will be to keep...

Former Port of Auckland CEO Tony Gibson has been fined $190,000 NZ for his role in a fatal 2020 incident at a container terminal—a landmark case that sets a precedent...

Container spot freight rates on the major east-west liner trades experienced another week of decline, as slack demand continued to depress pricing.

The U.S. Navy has relieved Captain Dave Snowden as commanding officer of the aircraft carrier USS Harry S. Truman (CVN 75) following a collision with a merchant vessel in the...

At least four oil tankers have been hit with explosions so far this year — all of them having visited Russia’s territorial waters in the weeks prior to the blasts happening.

(Bloomberg) — Treasury Secretary Scott Bessent signaled that sanctions relief for Russia could be on the table in talks over the Ukraine war, saying the US is prepared to either...

The International Chamber of Shipping (ICS) has raised significant concerns about emerging flag states potentially being used to circumvent international sanctions, according to its latest Flag State Performance Table. Four...

Cargill’s Ocean Transportation business and tanker leader Hafnia announced today the formation of Seascale Energy—a joint venture combining their bunker operations to transform marine fuel procurement. The new entity, which...