The safety risks posed by unregulated oil tankers are rising, and the so-called shadow fleet is a threat to both the maritime environment and seafarers, the head of the United Nations' shipping agency said on Tuesday.

The maritime industry is being urged to take action to address the alarming rise in criminalization of seafarers. A new campaignInter from InterManager, the international trade association for ship management,...

The dry bulk shipping sector is heading for stronger earnings in 2025, driven by environmental regulations reshaping vessel supply and sustained commodity demand, according to maritime research firm Drewry. Drewry’s...

Supertanker freight rates jumped after the U.S. expanded sanctions on Russia's oil industry, sending traders rushing to book vessels to ship supply from other countries to China and India, shipbrokers and traders said.

Russia's vast Arctic oil business is facing major disruption from U.S. sanctions on its tankers and depots, stranding crude supplies previously snapped up by Asian buyers in storage, according to three sources familiar with its logistics.

The European Union’s new digital chief, Henna Virkkunen, suggested the repeated damage to undersea cables in the Baltic Sea couldn’t be fully accidental, as leaders from the region prepare to gather for a NATO summit devoted to the topic.

Oil tanker rates jumped on Monday as the Biden Administration’s sanctions on Russia’s petroleum trade threaten to cut the supply of ships while forcing traders to seek alternative sources of crude.

Sweeping U.S. sanctions on Russia's oil industry will make it more expensive for Moscow to sell its oil and complicate sea-borne crude exports due to restrictions on tankers, analysts and traders said on Monday.

Time has run out for Chinese technology provider Zhoushan Wison Offshore and Marine, a key partner in Novatek’s Yamal LNG and Arctic LNG 2 projects. The company’s brazen scheme to deliver a large power plant from its Zhoushan yard to the Russian Arctic last fall has now garnered the attention of US officials, resulting in sanctions against Wison and several vessel operators.

China’s trade surplus soared to a record last year, driven by strong exports that boosted the economy but may soon be threatened by the incoming Trump administration.

By Bloomberg News Jan 12, 2025 (Bloomberg) —Chinese exports hit a record high as companies rushed to get goods out the door to make up for sluggish demand at home and...

BUDAPEST, Jan 12 (Reuters) – Hungary plans to hold talks with regional allies to counter the impact of higher oil prices resulting from a new round of US sanctions on Russia’s oil and gas...