In a strongly-worded statement issued Monday, President Donald Trump warned Iran would face severe consequences for its role in Houthi attacks in the Red Sea region. “Every shot fired by...

BUENOS AIRES, March 14 (Reuters) – Argentina has allowed state oil firm YPF to join a stimulus program unlocking government funds for a pipeline project from the massive Vaca Muerta shale formation to a...

By Angus Whitley Mar 16, 2025 (Bloomberg) –Chinese authorities increased pressure on CK Hutchison Holdings Ltd. over its plan to sell its Panama ports stake by sharing a second newspaper commentary...

The delivery of a two-million-barrel cargo of Russian oil to China took seven times longer than it would have done prior to a round of US sanctions imposed on Moscow back in January.

The U.S. Federal Maritime Commission (FMC) has initiated a comprehensive investigation into seven critical maritime chokepoints that are significantly impacting global shipping. The investigation, designated as FMC-2025-0005, will examine transit...

An ocean freighter from India pulled into the bustling Port of Tampa Bay Tuesday loaded with hundreds of tons of aluminum destined for multiple US stops. Abruptly, the entire shipment was ordered to be unloaded then and there.

Dry bulk vessel orders have collapsed to their lowest level in three decades, with newbuilding contracting plummeting 92% year-over-year in the first two months of 2025, industry association BIMCO reported...

The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, hit a 17-week peak on Friday and posted a fourth straight weekly gain, as rates firmed for all segments.

China's Hong Kong and Macau Affairs Office (HKMAO) reposted a commentary criticizing CK Hutchison's port deal with U.S. firm BlackRock as a betrayal of China, sending shares of the Hong Kong-based conglomerate sharply lower on Friday.

Uncertainty surrounding the International Maritime Organization’s (IMO) proposed carbon levy is creating significant hesitation in shipping industry investments, according to Christopher Wiernicki the Chairman and CEO of the American Bureau...

Shell Plc said it delivered record volumes of liquefied natural gas to power ships last year, boosting the use of a fuel that’s become crucial to the energy transition.

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced a new round of sanctions targeting Iran’s petroleum sector, including the designation of Iran’s Minister of...