Shipping Industry News

Iran has asked Yemen’s Houthi movement to stand ready to close the Red Sea oil route if the United States strikes Iranian power infrastructure, three sources told Reuters on Thursday, posing a potent new threat to global energy supplies.

Autonomous vessel developer Saronic has selected Brownsville, Texas, as the site of a planned $3 billion shipyard that the company says will dramatically expand U.S. capacity to build autonomous vessels...

SEA-LNG says liquefied natural gas continues to dominate orders for alternatively fueled ships, while biomethane production and bunkering infrastructure are expanding as the shipping industry searches for practical pathways to...

Ukraine says its expanding drone campaign against Russia’s maritime logistics has now struck 147 vessels in just 11 days, extending operations from the Sea of Azov deeper into the Black...

Greece has thrown the European Union’s proposed 21st sanctions package against Russia into limbo, demanding exemptions for a domestic shipping company whose specialized Arctic liquefied natural gas carriers could become stranded assets under new restrictions aimed at tightening pressure on Moscow’s energy exports.

The US struck Iran for a fifth straight day overnight and hit a sanctioned oil tanker near the country’s main export terminal, as tensions between the warring sides show little sign of abating.

India has ordered shipowners, ship managers and recruitment companies not to deploy the country's seafarers on vessels undertaking trips through the Strait of Hormuz amid renewed fighting in the region.

The nation’s two busiest container gateways continued to benefit from an early peak shipping season in June as importers rushed cargo into the United States ahead of potential new tariffs,...

By Lori Ann LaRocco – The Port of Los Angeles, the nation’s busiest container seaport, processed more than 1 million twenty-foot equivalent units (TEUs) in June, making it the busiest...

Iran has warned that its campaign to throttle global energy markets could be expanded from the Strait of Hormuz to the vital Red Sea route if U.S. attacks continue, a threat that depends on its Houthi allies in Yemen.

Delfin Midstream is moving ahead with plans for its second floating LNG export vessel off the Louisiana coast, announcing a new partnership with MidOcean Energy and authorizing the purchase of...

By Alaric Nightingale and Julian Lee (Bloomberg) — The recent spate in attacks on commercial shipping during the Iran war has increasingly involved supertankers, highlighting the challenges of reviving the...