India widened backing for Russian insurers as the largest buyer of Moscow’s seaborne crude strives to keep discounted barrels flowing, after the US imposed fresh sanctions earlier this month.

New crude oil tanker deliveries hit a 36-year low in 2024, with only 17 new vessels joining the global fleet, representing a capacity of 2.5 million deadweight tonnes (DWT), according...

The 25 crew members of the car carrier Galaxy Leader have been released and transferred to Oman after spending 430 days in Houthi captivity following their November 2023 capture in...

President Donald J. Trump has appointed Commissioner Louis E. “Lou” Sola as the new Chairman of the Federal Maritime Commission, the independent federal agency responsible for regulating the international ocean...

President Trump issued a comprehensive trade policy memorandum on his first day in office, directing federal agencies to conduct wide-ranging reviews of America’s trade relationships and security measures. The memorandum,...

President Trump‘s potential revival of sweeping import tariffs is creating widespread uncertainty in US shipping markets, with industry experts warning of possible supply chain disruption and skyrocketing freight rates. “Trump...

Container liner MSC Mediterranean Shipping Co. SA said it will continue to send its ships around Africa’s southern tip until further notice, a sign that any resumption to normal trade flows through the Red Sea is not imminent.

(Bloomberg) — President Donald Trump signaled plans to impose previously threatened tariffs of as much as 25% on Mexico and Canada by Feb. 1, reiterating his contention that America’s closest...

President Donald Trump signed an executive order on his first day in office, officially renaming the Gulf of Mexico to the “Gulf of America”. The executive order emphasizes the Gulf’s...

Newly sworn-in President Donald Trump vowed on Monday that the United States would take back the Panama Canal as he delivered an inauguration speech in which he invoked the 19th century expansionist doctrine of "Manifest Destiny" in laying out plans for space exploration.

Maritime traffic through the Red Sea is expected to make a gradual comeback following the recent Israel-Hamas ceasefire, though security experts warn that risks remain for certain vessels. According to...

Despite the Houthis’ recent pledge to halt attacks on non-Israeli commercial vessels following the Israel-Hamas ceasefire agreement of January 19th, shipping industry analysts at Drewry warn against expecting an immediate...