Shipping Industry News

MANILA, June 4 (Reuters) – Satellite images obtained by Reuters confirmed the presence of a structure at the entrance of the hotly disputed Scarborough Shoal in the South China Sea last week, though...

The trickle of tankers exiting the Strait of Hormuz has gathered pace in recent weeks, as traders adopt stealth measures to make the crossing. While this is freeing some of the vast oil inventories trapped in the Gulf, it does not signal a slow return to normalcy. Instead, it previews the opaque, fragmented energy market the Iran war is set to leave in its wake.

The Royal Navy has deployed a new underwater mine disposal system aboard RFA Lyme Bay as Britain and France finalize plans for a multinational operation to clear naval mines from...

Taiwan will sharply increase its arsenal of powerful anti-ship missiles to more than 1,800 by early 2029, as it seeks to enhance its capacity to counter a mounting threat of blockade or invasion by China, according to a Reuters calculation.

The UK and France have finalized plans to lead a multinational mine-clearing mission in the Strait of Hormuz within days of an agreement between the US and Iran to reopen the waterway, according to people familiar with the matter.

Backed by BlackRock’s GIP, MOL and Vitol, the Louisiana offshore project would become America’s first floating LNG export facility and the world’s largest FLNG development. Delfin Midstream has reached a...

The European Union has proposed that the bloc's Aspides naval mission take "the primary role" in clearing mines in the Strait of Hormuz "when conditions allow" as part of a Franco-British-led initiative, according to a document seen by Reuters.

A month after President Donald Trump announced — and then abandoned — a plan to escort commercial ships through the Strait of Hormuz, the US military is trying less public ways of protecting vessels in the vital waterway.

The Trump administration’s push to rebuild America’s maritime industry moved back into the spotlight Wednesday as lawmakers reviewed fiscal year 2027 budget requests from the Maritime Administration (MARAD) and Federal...

Northern Lights has awarded a long-term time charter contract for a new 12,000-cubic-meter liquefied CO? carrier to a consortium of Japan’s Kawasaki Kisen Kaisha (“K” LINE) and Malaysia’s MISC Berhad,...

Russian President Vladimir Putin has authorized France’s TotalEnergies to sell its 10% stake in the Arctic LNG 2 project, potentially opening the door to one of the most significant Western exits from Russia’s gas sector since Moscow’s invasion of Ukraine.

Some Greek oil tanker owners are moving their ships closer to the Persian Gulf in a bet that the vessels will soon be able to earn sky-high rates if the Strait of Hormuz reopens.