Shipping Industry News

China has launched its annual Arctic summer expedition with four major research vessels heading north, expanding a polar presence that has increasingly drawn the attention of U.S. lawmakers and military planners following last year’s unprecedented Chinese operations near Alaska.

U.S. oil companies are set to report their strongest quarterly profits in years, courting a possible clash with President Donald Trump, who has been pressing his longtime ally Big Oil to bring down gasoline prices before midterm elections in November.

China called for the unhindered flow of shipping through the Strait of Hormuz, comments that come as leading European powers are apparently accepting that vessels will have to pay fees to Iran and Oman.

The United States has finalized contracts worth $3.3 billion for six new Arctic Security Cutters (ASCs), completing the procurement of the Coast Guard’s first major new medium icebreaker fleet in decades as one of the shipbuilders revealed construction on the lead vessel quietly began in April.

By John Irish and Jonathan Saul PARIS/LONDON, July 2 (Reuters) – Europe is taking tougher action against tankers falsely using Cameroon’s flag registry to transport Russian oil, including boarding vessels at sea, prompting...

Commercial shipping through the Strait of Hormuz has surged over the past few weeks, with American military support helping boost oil flows to more than 10 million barrels per day, a US official said.

Global container freight rates continued their upward climb this week as tightening capacity and strong seasonal demand pushed prices higher across the key east-west trade lanes. According to the latest Drewry...

Saronic has launched its newest autonomous surface vessel, expanding its rapidly growing lineup with a 52-foot platform designed for defense, security and commercial maritime missions as the Texas-based company continues...

By Sean Pribyl, Allison Skopec, Leilany Rodriguez Vessel owners and program participants who file annual affidavits of U.S. citizenship with the Maritime Administration (MARAD) now face significantly fewer paperwork demands....

Alternative-fuelled vessel orders eased during the first half of 2026, but LNG continued to dominate newbuild activity as shipowners favored proven fuel technologies while keeping an eye on emerging alternatives....

German federal prosecutors have charged a former Ukrainian army officer with being the co-perpetrator of a war crime over the 2022 Nord Stream gas pipeline blasts, accusing him of acting on behalf of Ukrainian state entities.

A Peruvian court ordered the government to oversee a Chinese-owned port near Lima, helping US efforts to curb Beijing’s growing power in the region.