Shipping Industry News

The U.S. Coast Guard says it is monitoring two Chinese research icebreakers as they transit north through the Bering Sea toward the Arctic, marking the first Chinese vessel movements through...

JPMorgan Chase is investing $24 million to help strengthen the U.S. shipbuilding industry, including support for submarine manufacturing and maritime suppliers, as part of a broader effort to finance industries...

The United States struck bridges and an airport in Iran on Friday and Tehran responded by hitting a power and desalination plant in Kuwait, as the warring foes risked further escalation by expanding their targets to include infrastructure.

The European Commission proposed an overhaul of the EU's Emissions Trading System on Friday, allowing industries to emit CO2 longer while offering more financial support to invest in clean technologies in Europe.

Iran’s speedboats, missiles, drones and mines have shown they can still wreak havoc in the Strait of Hormuz, defying daily strikes from the most powerful navy in the world.

Russia attacked two Ukrainian Black Sea port cities on Friday, killing three people, officials said, as Moscow intensifies pressure on Ukraine's key trade routes.

The security threat facing commercial shipping has expanded well beyond the Strait of Hormuz, according to new guidance from tanker industry group INTERTANKO, as fresh attacks on merchant vessels and...

Armed assailants are believed to have boarded the chemical tanker Asana off the southern coast of Yemen in the Gulf of Aden on Friday and are in control of the vessel, maritime security sources said.

More than 100 lawmakers from the European Parliament and national legislatures across Europe have called on Denmark’s Fayard shipyard to immediately stop servicing specialized LNG carriers that transport Russian Arctic gas, intensifying pressure on the last European shipyard still maintaining the icebreaking vessels critical to Moscow’s Yamal LNG export project.

Two US-sanctioned tankers carrying cooking fuel are U-turning and zig-zagging in the Gulf of Oman and Arabian Sea, part of a flotilla of vessels laden with Iranian energy exports that are facing an aggressive US blockade of the country’s shipping.

The Trump administration has taken another step toward launching a U.S. offshore critical minerals industry, with the newly created Marine Minerals Administration (MMA) releasing a proposed leasing notice that could...

Ukrainian naval drones hit two large Russia-linked oil tankers in the Black Sea as Moscow and Kyiv expand the scope of their mutual maritime strikes.