The United Kingdom has imposed sanctions on 137 targets linked to Russia’s energy sector, including 135 oil tankers operating as part of Putin’s shadow fleet, in one of its most...

Iraq will raise shipments of a key crude grade next month, part of an enlarged export program indicating that the OPEC+ nation is boosting its oil production.

The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures aimed at dealing further blows to the Russian oil and energy industry.

It was a relatively flat week for pricing on the major deepsea box shipping trades, with a scheduled mid-week general rate increase (GRI) failing to lift container spot rates on the headhaul eastbound transpacific route.

The European Union has adopted its 18th package of sanctions against Russia, with significant measures targeting the maritime sector and Russia’s shadow fleet operations that have been circumventing previous restrictions....

Drewry’s World Container Index recorded its fifth consecutive weekly decline on Thursday, dropping 2.6% as the market continues to cool following earlier tariff-driven volatility. The downturn comes after a significant...

Liner analysts have warned that the supply and demand curve will continue to widen before hitting a peak in 2028, as vessel orderbooks grow and demolition comes to “a near standstill”.

The International Chamber of Shipping (ICS) has formally backed the International Maritime Organization’s (IMO) Net-Zero Framework (NZF), while stressing the need for clearer incentives to drive the maritime industry’s decarbonization...

New figures released by the International Transport Workers’ Federation (ITF) reveal a disturbing 30% year-on-year surge in seafarer abandonment cases worldwide in 2025. At least 2,286 seafarers on 222 vessels...

The Yemeni National Resistance Forces (NRF), led by General Tareq Saleh, have conducted what U.S. Central Command describes as “the largest seizure of Iranian advanced conventional weapons in their history.”...

Japanese shipper Kawasaki Kisen (K-Line) 9107.T is adjusting its U.S. services and is prepared to reroute more ships away to other regions as it braces for potentially higher U.S. tariffs, CEO Takenori Igarashi said on Wednesday.

Genco Shipping & Trading Limited (NYSE:GNK), the largest U.S.-headquartered drybulk shipowner, has closed a $600 million revolving credit facility that will provide “significant capacity to pursue accretive growth opportunities.” The...