The United States escalated its pressure campaign on Iran Friday, pairing maritime sanctions with a parallel strike on the financial channels that convert oil sales into cash, in what officials …
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The International Maritime Organization has kept its landmark shipping climate framework alive following a week of high-stakes negotiations in London, setting up a decisive endgame later this year after deep …
OSLO/LONDON, April 30 (Reuters) – A U.S. naval blockade of Iranian ports has shrunk Tehran’s oil exports, stranding a growing stockpile of crude on tankers as Iranian storage sites run …
By Kevin Crowley (Bloomberg) — Exxon Mobil Corp. and Chevron Corp. posted stronger-than-expected earnings for the first quarter as higher oil and natural gas prices outweighed production outages from the …
By Patricia Zengerle and Bo Erickson WASHINGTON, May 1 (Reuters) – U.S. President Donald Trump’s administration argued that a ceasefire with Tehran had “terminated” hostilities as a legal deadline arrived …
Piracy concerns are escalating rapidly off the Horn of Africa after two vessels were hijacked last week and multiple new approaches were reported across the western Indian Ocean, prompting security …
By Gavin van Marle (The Loadstar) – Container spot freight rates on the transpacific trade into the North America west coast managed to defy gravity and edge up this week, …
The U.S. Treasury Department has widened its warning over reported Iranian “toll” demands in the Strait of Hormuz, issuing a new alert that lays out, in far more detail, the …
By Marianna Parraga and Mircely Guanipa May 1 (Reuters) – Venezuela’s oil exports rose 14% to 1.23 million barrels per day in April, the highest in more than seven years, …
By Patrick Sykes and Eltaf Najafizada May 1, 2026 (Bloomberg) –US President Donald Trump vowed to maintain a naval blockade on Iran and was briefed by commanders on further military …
Singapore-based liner giant Ocean Network Express reported a modest but resilient profit for fiscal year 2025, navigating weak cargo demand, rising capacity, and mounting geopolitical disruption across key trade lanes. …
WASHINGTON/DUBAI/ISLAMABAD, April 29 (Reuters) – The U.S. is pushing for other countries to form an international coalition to restore freedom of navigation in the Strait of Hormuz, according to a …
ATHENS, April 30 (Reuters) – Israel has intercepted aid ships bound for Gaza in international waters near Greece, flotilla organizers said on Thursday, decrying the move as an “escalation of …
Spot container rates extended their downward trend for a third consecutive week, underscoring the growing disconnect between geopolitical disruption and underlying market fundamentals. According to the latest weekly update from …
The U.S. is intensifying its push against the International Maritime Organization’s proposed global carbon pricing regime, with Federal Maritime Commission Chairman Laura DiBella urging member states this week to consider …
By David Stringer (Bloomberg) — The Iran war is accelerating a shift toward renewable energy as governments race to reduce supply-chain vulnerabilities, according to UNFCCC Executive Secretary Simon Stiell. “Those …
Coconut oil is not immediately associated with risk, but its carriage can release toxic vapours and cause oxygen depletion in enclosed spaces. Manish Nayyar, Senior Loss Prevention Executive, NorthStandard, explains …
WASHINGTON, April 30 (Reuters) – Top U.S. military leaders including Admiral Brad Cooper, the head of Central Command, will brief President Donald Trump later on Thursday on potential military action …
By Charles Gorrivan Apr 30, 2026 (Bloomberg) –The US is seeking forfeiture of two Iran-linked oil tankers seized by naval forces enforcing a blockade against the Islamic Republic, according to …
ABS, through its affiliate ABSG Consulting Inc. (ABS Consulting), has today announced the acquisition of RMC Global (RMC), a leading provider of industrial cybersecurity, risk management and resiliency solutions. The …
Why America’s Cargo Demand Is Building Maritime Capacity Everywhere but at Home By Bruce Kimbrell (Policy Op-Ed) I spent last week at the Sea-Air-Space Conference at the Gaylord in Maryland …
The U.S. Navy has awarded HII’s Ingalls Shipbuilding a $283 million contract to begin lead yard support work for the Navy’s new FF(X) frigate program, marking a major next step …
By Timothy Gardner WASHINGTON/DUBAI/ISLAMABAD, April 29 (Reuters) – Donald Trump discussed how to mitigate the impact of a possible months-long U.S. blockade of Iran’s ports with oil companies, a White …
Three years after bankrupt retailer Bed Bath & Beyond accused Orient Overseas Container Line of auctioning off contracted vessel space to higher-paying cargo during the pandemic supply chain crisis, a …
FarSounder marks its 25th anniversary in 2026, celebrating a quarter-century of advancing marine navigation technology and improving safety at sea. Since its founding, the company has continuously evolved its 3D …
The U.S. Treasury Department has issued new sanctions guidance warning that payments to Iran or the Islamic Revolutionary Guard Corps for so-called “safe passage” through the Strait of Hormuz are …
A federal appeals court has upheld a closely watched Federal Maritime Commission ruling against Evergreen Marine over container detention charges, in a decision that could reinforce regulatory scrutiny of carrier …
Halifax Shipyard has launched the first Arctic and Offshore Patrol Ship built for the Canadian Coast Guard, marking the latest milestone in Canada’s National Shipbuilding Strategy and the ongoing renewal …
(Bloomberg) — A fully-laden Japan-linked oil tanker completed a rare transit of the Strait of Hormuz, as the effective closure of the waterway to most international traffic enters its third …
By Paul Morgan (gCaptain) – Thorium, an abundant and largely overlooked radioactive metal, is emerging as the fuel of a new generation of compact molten salt reactors that could transform …
DUBAI/WASHINGTON, April 29 (Reuters) – U.S. President Donald Trump on Wednesday urged Iran to ‘get smart soon’ and sign a deal, following days of deadlock in efforts to end the …
By Weilun Soon Apr 29, 2026 (Bloomberg) –A 29-year-old Iranian supertanker has appeared at Kharg Island after years off the radar, a sign that Tehran could be using retired ships …
Secretary of State Marco Rubio on Monday released a joint statement with five Latin American and Caribbean governments backing Panama’s sovereignty and condemning pressure tied to recent actions against Panama-flagged …
U.S. forces boarded a commercial vessel in the Arabian Sea on Monday as Washington stepped up enforcement of its blockade on Iranian ports, with U.S. Central Command saying 39 vessels …
The United Nations Security Council heard urgent calls Monday to restore freedom of navigation through the Strait of Hormuz, as world leaders warned disruptions in one of the world’s most …
The Trump administration’s decision to extend its broad Jones Act waiver another 90 days is drawing mounting opposition across the U.S. maritime sector, with labor unions, domestic operators, trade groups …
Royal Caribbean Group is doubling down on the world’s largest cruise ship class, confirming orders with Finnish shipbuilder Meyer Turku for a sixth and seventh Icon-class vessel to be delivered …
By Arsalan Shahla and Eltaf Najafizada (Bloomberg) — President Donald Trump said Iran has asked the US to lift a naval blockade of the Strait of Hormuz while the two …
DUBAI, April 28 (Reuters) – Two months into a war with the U.S. and Israel, Iran no longer has a single, undisputed clerical arbiter at the pinnacle of power — …
By Maha El Dahan DUBAI, April 28 (Reuters) – The United Arab Emirates said on Tuesday it was quitting OPEC, dealing a heavy blow to the oil producers’ group as …
By Katya Golubkova and Kantaro Komiya TOKYO, April 28 (Reuters) – Panama-flagged tanker Idemitsu Maru, carrying 2 million barrels of Saudi oil, is attempting to cross the Strait of Hormuz, …
By Arsalan Shahla and Eltaf Najafizada Apr 28, 2026 (Bloomberg) –US President Donald Trump convened his national security team to discuss Iran’s proposal to end a war now in its …
Four recently reflagged liquefied natural gas (LNG) carriers linked to new Turkish-controlled entities are heading north in the Atlantic, in what analysts say could mark a new push in Russia’s …
The chair of the Federal Maritime Commission has joined the U.S. delegation to high-stakes climate talks at the UN’s International Maritime Organization, accompanied by an explicit warning that could signal …
South Korea’s Ulsan Port Authority said it has completed what it describes as the world’s first port-to-ship ammonia bunkering operation for a commercial vessel, marking a new step in shipping’s …
The Trump administration has expanded its newfound strategy of unwinding offshore wind development through negotiated buyouts, announcing two new agreements that will see two projects give up federal offshore leases …
The head of the International Maritime Organization used a rare appearance before the United Nations Security Councilon Monday to deliver some of his strongest statements yet that the crisis in …
By Prejula Prem and Julian Lee (Bloomberg) — The Strait of Hormuz remains effectively shut to international shipping as the double blow of Iranian and US blockades leaves the key …
NEW YORK, April 27 (Reuters) – Oil prices climbed about 2% to a two-week high on Monday as peace talks between the U.S. and Iran stalled and shipments through the …
Fresh concerns over a widening resurgence in Somali piracy intensified over the weekend after the United Kingdom Maritime Trade Operations reported two apparent vessel hijackings off Somalia within hours of …
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