Spanish and French customs authorities have intercepted a Tanzanian-flagged cargo ship carrying an estimated 4,000 kilos of cocaine, 130 nautical miles off the Canary Islands. The vessel, named Ras, was...

Russia’s draft federal budget includes substantial funding of nearly $1bn over three years to complete construction of the country’s flagship nuclear icebreaker.  The vessel, expected to be called Rossiya, will...

The 738-foot bulk carrier Pan Viva remains anchored just off the coast of Unalaska, Alaska, as it weathers a severe storm. The U.S. Coast Guard swiftly responded to the distress...

Sunday Update: The Pan Viva remains at anchor and stable. The U.S. Coast Guard and partner agencies remained in contact with the vessel overnight. Weather on scene reported as 30-40kt...

The U.S. Coast Guard is responding to a large cargo ship beset by severe weather off the Alaskan coast. The Pan Viva, a 738-foot Panama-flagged bulk carrier with 21 crew...

Port Tampa Bay, a critical energy gateway supplying nearly half of Florida’s fuel, has resumed vessel operations following the impact of Hurricane Milton. The port’s shipping channels officially reopened on...

A fire broke out on the German-flagged oil and chemical tanker Annika in the Baltic Sea on Friday. The 73-meter-long vessel, carrying approximately 640 tons of oil, caught fire northeast...

In response to Iran’s October 1 attack on Israel, the United States has intensified its sanctions on Iran’s petroleum and petrochemical sectors, targeting a network of illicit shipping facilitators and...

The World Trade Organization (WTO) has released updated projections for global trade growth, painting a picture of cautious optimism tempered by ongoing geopolitical concerns. In their latest forecast, WTO economists...

(Bloomberg) — Authorities in China have started to ask some overseas shipowners to report on their carbon emissions, highlighting greater scrutiny of the industry as the regulatory framework shifts. The...

As Hurricane Milton struck Florida’s Gulf Coast, the state’s petroleum supply chain faced significant challenges. The Category 3 hurricane prompted the closure of several key ports, disrupting the flow of...

A fire broke out on the German-flagged oil and chemical tanker Annika in the Baltic Sea on Friday. The 73-meter-long vessel, carrying approximately 640 tons of oil, caught fire northeast...