Shipping Industry News

The Danish shipyard Fayard is set to remain a critical service hub for Russia’s Arctic LNG trade through at least one more summer, even as European sanctions tighten and other Western shipyards withdraw from the business.

How to stop Russian drones flying undetected across the Black Sea to attack Ukraine's port city of Odesa? That was the problem facing Ukraine's military that Charles Maher set out to solve.

A day before crossing the Strait of Hormuz, an Indonesian seafarer aboard the Al Rayyan tanker published a picture of a rainbow cutting across the bow. “When the dream ship becomes reality,” he wrote on social media, thanking God for the blessing. Then the liquefied natural gas carrier switched off its transponder and began to move out of the Persian Gulf.

Davie Defense officially broke ground Monday on a massive modernization of Gulf Copper’s shipyard facilities in Galveston and Port Arthur, Texas, marking the start of what could become a $1...

A Panama-flagged containership has been damaged in what appears to be the third reported attack off Iraq since the outbreak of the U.S.-Iran conflict in late February, raising fresh concerns...

The European Commission may propose leaving the G7 price cap on Russian crude unchanged at its July review, in an effort to curb Moscow's windfall from the Iran war and the ensuing oil price shock, EU diplomats said on Monday.

Executives warn that freedom of navigation requires more than a ceasefire as confidence remains shattered after months of conflict Shipping executives gathered at the Posidonia maritime exhibition in Greece on...

A growing split is emerging within the global LNG carrier fleet as tightening European emissions regulations begin reshaping vessel economics, according to a new analysis from Wood Mackenzie.

Iran said it would halt talks with the US in protest for Israel’s expanded ground assault in Lebanon, escalating tensions as Washington and Tehran seek to reach an interim peace agreement.

French naval forces have intercepted and boarded another tanker linked to Russia’s so-called shadow fleet, extending a maritime enforcement campaign that has become one of Europe’s most aggressive efforts to...

The maritime industry has spent the better part of a decade debating whether autonomous ships represent genuine commercial progress or elaborately funded engineering theatre. That debate has not been entirely...

US President Donald Trump said talks with Iran over an interim peace deal will “work out well,” even as the countries’ forces clashed again near the Strait of Hormuz.