At least five cargoes of liquefied natural gas have diverted from Asia to Europe in the past few days, drawn by higher gas prices on the continent after Russia's Gazprom halted supplies to Austria's OMV, data from analytics firm Kpler showed.

New data from supply chain technology provider project44 reveals a significant uptick in U.S. imports from China during this year’s ocean peak season. Despite ongoing trade tensions and the introduction...

Greece’s navy extended for a sixth time a series of naval drills, prolonging them by another four months as the country tries to deter Russian oil transfers off its coastline.

HELSINKI, Nov 18 (Reuters) – A fiber optic communications cable linking Finland and Germany along the seabed has stopped working and may have been severed by an outside force, Finnish state-controlled cyber security and...

The European Union has expanded its sanctions framework to curb Iran’s military support to Russia, focusing on disrupting key shipping routes and component transfers The development marks a crucial step...

SINGAPORE, Nov 15 (Reuters) – China is planning its first export quota for marine bunker that is blended with biodiesel, partly to support biofuel producers hit earlier this year by European Union anti-dumping tariffs,...

CAIRO, Nov 17 (Reuters) – A ship passing through the Red Sea 25 nautical miles west of Al-Mukha, Yemen, reported on Sunday that a missile had splashed into the sea nearby, the United Kingdom...

By Eric Martin Nov 16, 2024 (Bloomberg) –A veteran adviser to Donald Trump is proposing that the 60% tariffs that the President-elect has vowed to impose on Chinese goods also apply...

By Shruti Srivastava Oct 15, 2024 (Bloomberg) —India is finalizing plans to offer almost $2 billion in incentives to replace fossil-fuel powered passenger vessels on inland waterways, like barges and ferries,...

China has made a $1.3 billion bet that a new port in Peru will boost access to South America’s agricultural bounty. Cashing in on the investment may be harder than expected. China’s President Xi Jinping and Peruvian President Dina Boluarte officially inaugurated Chancay port during a ceremony at Peru’s presidential palace in Lima on Thursday. The move epitomizes Beijing’s ambitions to strengthen commerce with South America as the world braces for more restrictive trade measures under US President-elect Donald Trump.

Nov 15 (Reuters) – Russia’s leading tanker group Sovcomflot said on Friday that Western sanctions on Russian oil tankers were limiting its financial performance, as it reported falling revenues and core earnings. The United...

In a thought-provoking LinkedIn post, Sam Norton, CEO of Overseas Shipholding Group, has outlined a compelling proposal to bolster the U.S. maritime industry, specifically focusing on expanding the nation’s tanker...