Shipping risk been insured by Lloyd’s of London for more than 330 years, but now the centuries-old heart of maritime insurance is getting to grips with the most modern of …
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The closure of the strait of Hormuz is causing a “paralyzing, real-time problem” for any prospective manufacturing surge in the US defense industrial base, and even for the repair of …
About 20 miles off the coast of Iran lies the source of the petrostate’s economic lifeblood and the latest target of US military aggression: an 8 sq mile coral island …
The world’s largest offshore oilfield stretches more than 40 miles from Saudi Arabia’s eastern province into the depths of the Persian Gulf. For almost 70 years the Safaniya field has …
There is a price for everything: even the cost of insuring a ship travelling through the strait of Hormuz. Donald Trump’s proposals for the US to provide political risk insurance …
US stock markets closed on a high after oil prices swung wildly on Monday, reaching a four-year high in the morning that rattled Asian and European markets before settling down …
Global oil prices surged past the $100 (£74, AU$142) a barrel mark for the first time since 2022 as escalating military aggression in the Middle East continues to wipe 20m …
Great Britain has only two days of fossil gas stored after a decline in energy reserves, as more tankers carrying liquefied natural gas (LNG) are diverted from their course to …
Donald Trump’s assault on Iran and the deadly conflict it has unleashed is grim and unprecedented – but there is a familiarity to its economic consequences: brace yourself for another …
Global oil prices could breach the $100 (£74) a barrel mark within days, and reach $150 a barrel by the end of the month, without a solution to the severe …
Thousands of seafarers are trapped on tankers in the Gulf after the strait of Hormuz was effectively closed to shipping by the escalating war on Iran. The Guardian spoke to …
The conflict in the Middle East is disrupting shipping across the region, including in the Strait of Hormuz, one of the world’s busiest maritime routes. Maritime traffic through the strait, …
Iran has in effect closed the strait of Hormuz to oil and gas exports for the past four days with a mixture of drone strikes and fear that has halted …
The Chinese government has called for vessels passing through the strait of Hormuz to be protected by all sides in the escalating Iran conflict, as shipping freight rates soared. Maritime …
Fume-belching ferries spew more sulphur pollution than cars in several EU capitals, analysis has found. Dublin, Helsinki, Stockholm and Tallinn are among 13 of Europe’s 15 biggest port cities choked …
Leading maritime insurers have cancelled war risk cover for vessels operating in the Gulf as the escalating Iran conflict disrupted shipping and sent some freight costs surging. At least 150 …
The impact of the deadly and unpredictable conflict in the Middle East on the global economy will be felt most immediately, and keenly, through the rising cost of oil. Prices …
Belgium has seized an oil tanker believed to form part of the so-called “shadow fleet” used by Russia to circumvent Western sanctions over the war in Ukraine. Special forces assisted …
US “bullying” over a proposed carbon levy on shipping appears to be paying off, experts have said, after Panama reversed its support for the measure. In a leaked document seen …
A senior Russian official has said Moscow could deploy its navy to protect Russian-linked vessels from potential European seizures, raising the prospect of retaliatory action against European shipping as pressure …
Decrepit oil tankers in Iran’s sanctions-busting shadow fleet are a “ticking time bomb”, and it is only a matter of time before there is a catastrophic environmental disaster, maritime intelligence …
Decrepit oil tankers in Iran’s sanctions-busting shadow fleet are a “ticking time bomb”, with a catastrophic environmental disaster only a “matter of time”, maritime intelligence analysts have warned. Such an …
A Russian container ship captain has been jailed for six years after an explosive collision in the North Sea off the coast of Yorkshire killed a crew member. Vladimir Motin, …
On the night of 16 July last year, Gaurav Joshi, one of the crew working on a cargo ship stranded at a port in southern Ukraine, was on patrol. The …
The price of consumer goods including computers, electrical machinery and transport equipment could surge this year as a result of soaring shipping costs, an industry body has said, adding that …
Several crew members of a ship that collided with a bridge in Baltimore almost two years ago are still being held in the US by federal authorities despite the fact …
A new cargo and passenger ferry service directly linking Scotland and France could launch later this year as the port of Dunkirk embarks on a €40bn (£35bn) regeneration programme it …
Coral Evans was walking along the beach in Brighton on Tuesday evening when she came across an unfamiliar sight. “Hundreds of dust masks had washed up, along with single-use plastic …
Forty ships accused of belonging to a large “shadow fleet” moving sanctioned oil for Venezuela and others were reflagged to Russia last year in an apparent attempt to gain Kremlin …
A massive, rusty crude oil tanker floating north through the Atlantic has become the centre of global interest after it was followed for days and eventually seized by US forces …
Activists have blocked two more coal ships from entering the Port of Newcastle on the fourth day of the Rising Tide protests, bringing the total number of ships turned around …
The delicate clicks and whistles of narwhals carry through Tasiujaq, locally known as Eclipse Sound, at the eastern Arctic entrance of the Northwest Passage. A hydrophone in this shipping corridor …
It is 8pm on a Saturday evening and eight of us are sitting at a table onboard a ship, holding on to our plates of spaghetti carbonara as our chairs …
Under intense pressure from Donald Trump’s government, countries have postponed plans to force shipowners to start paying for the damage they do to the climate. US officials were accused of …
Donald Trump’s government is putting intense pressure on vulnerable countries to vote against measures that would force shipping companies to pay for their carbon emissions. US officials have written to …
The captain of a suspected “shadow fleet” oil tanker detained off the coast of France will go on trial in February accused of failing to cooperate with authorities. The French …
Hidden beneath the turquoise waters off a stretch of Florida known as the “treasure coast”, a team of divers from a shipwreck salvage company have uncovered exactly that – a …
Crumbling a fistful of sandy soil by his dried-up sunflower field, Thomas Goebel pointed to one of the many casualties of this year’s drought: a bright green machine that resembles …
In front of a bank of screens on the boat’s bridge, the Swedish coastguard Jan Erik Antonsson shows on a live map on a laptop how many vessels of Russia’s …
Dramatic footage has captured the moment that more than 60 containers toppled off a cargo ship on Tuesday morning in the Port of Long Beach, one of the busiest ports …
More than 60 containers have toppled off a cargo ship in the Port of Long Beach, tumbling overboard and floating in the water. The shipping containers fell off a vessel …
Sir Graham Day, who has died aged 92, was a tough Nova Scotian with a strong sense of public duty who struggled to “save the saveable” from the wreck of …
I enjoyed reading George Magnus’s article (Why Peak China may finally have arrived, 11 August). However, focusing on peak economic growth misses the bigger picture and underestimates China in ways …
Just 474 out of more than 90,000 oil slicks from ships around the world were reported to authorities over a five-year period, it can be revealed, and barely any resulted …
Four seafarers were rescued on Thursday after spending more than 48 hours in the waters of the Red Sea, as the search continued for the remaining crew of the Greek …
Seven crew members of a cargo ship that sank in the Red Sea after an attack by Houthi forces have been rescued but at least four were killed and 14 …
A mission is under way to rescue crew from the Eternity C cargo ship which sank in the Red Sea after an attack that killed at least four crew members. …
Low water levels after heatwaves and drought are limiting shipping on some of Europe’s biggest rivers including the Rhine and the Danube and pushing up transport costs. As much of …
The carbon-capture process described in your article uses lime pellets (Shipping is one of the world’s dirtiest industries – could this invention finally clean up cargo fleets? 26 June). These …
An industrial park alongside the River Lea in the London suburb of Chingford might not be the most obvious place for a quiet revolution to be taking place. But there, …
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