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.

President Donald Trump is embarking on what may be his most disruptive action yet for the global economy by broadening his grievances to how other countries choose to tax and regulate.

India has agreed to boost oil and gas imports from the US in an effort to reduce the trade imbalance between the two countries and avoid retaliatory tariffs.

The latest US sanctions on Russia’s oil trade have brought a swath of tankers that deliver Moscow’s crude to a halt — reinforcing the significance of the measures in any negotiations over ending the war in Ukraine.

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has reached a significant milestone in maritime innovation with the unveiling of its nuclear-powered containership design utilizing Small Modular Reactor (SMR) technology....

Estonia's navy is prepared to act against vessels that pose a danger to Baltic Sea infrastructure even if they are in international waters, a senior official patrolling the busy Gulf of Finland shipping lane said on Thursday.

Nuclear technology is becoming increasingly vital for maritime decarbonization, with American Bureau of Shipping (ABS) Chairman and CEO Christopher J. Wiernicki declaring it indispensable for achieving net-zero emissions in shipping...

A bicameral group of lawmakers has introduced legislation to transfer the administration of the Food for Peace Program from USAID to the U.S. Department of Agriculture (USDA), a move that...

Panama’s ship registry has achieved a 96.5% compliance rate with international maritime safety and environmental protection standards, while simultaneously strengthening its position against sanctions evasion through new regulatory measures. With...

The International Energy Agency has lowered its outlook for Russia’s oil production this year by only a narrow margin even with sweeping western energy sanctions, as the Paris-based organization expects the nation to come up with workarounds.

Russia's liquefied natural gas plant Yamal LNG, led by Novatek, has acquired a new gas carrier for ship-to-ship operations near the Arctic port of Murmansk, ship-tracking LSEG data showed on Thursday.