Shipping Industry News

By Khalid Al-Ansary Jul 25, 2026 (Bloomberg) –Iraq will sign an agreement with Syria on the construction of pipelines linking oil production sites to global export markets via the Mediterranean, according...

TOKYO, July 24 (Reuters) – An analysis of rare earth-rich mud retrieved from the deep seabed off a remote Pacific Island earlier this year found medium and heavy rare earth elements accounted...

(Bloomberg) —The Philippines and China reported their third clash in the South China Sea this week that further heightened tensions, as the US flexed its presence in disputed waters.  China...

By Federico Maccioni, Timour Azhari and Eman Abouhassira RIYADH, July 25 (Reuters) – Yemen’s Iran-aligned Houthi militants fired on Saudi oil installations in two ports on the Red Sea coast on Saturday and...

By Bloomberg News Jul 25, 2026 (Bloomberg) –Fire broke out at the Tyumen oil refinery in Russia’s Ural region after a drone attack as Ukraine and Russia press intensifying strikes on...

By Weilun Soon and Julian Lee Jul 24, 2026 (Bloomberg) –Millions of barrels of Saudi Arabian crude are still being shipped from the nation’s Red Sea coast to the global market,...

The Panama Canal Authority has completed the document submission phase for companies seeking to participate in the prequalification process for its proposed Energy Corridor, marking another step toward one of...

Escalating attacks on Black Sea shipping and ports have sent wheat prices soaring to their highest in two years, stoking fresh concerns over food inflation as one of the world's most important grain export routes comes under renewed threat.

U.S. missiles struck targets across Iran, reaching as far as its Caspian coast, on Friday after President Donald Trump vowed "major military punishment" for Tehran and its Houthi allies in Yemen for extending the Middle East war to a second major shipping chokepoint, the mouth of the Red Sea.

The European Union has approved its 21st package of sanctions against Russia, expanding restrictions on the country’s energy, financial and military sectors while adding another 41 vessels to its growing...

U.S. Coast Guard icebreaker Healy suffered a significant engineering casualty during post-refit sea trials off the Washington coast before being towed back to Seattle on July 13 for an investigation and major repairs, the Coast Guard told gCaptain.

Months of tariff-driven frontloading appear to have paid off for U.S. importers. As expected, President Donald Trump on Friday reinstated broad-based tariffs on imports from 60 trading partners, replacing the...