By Shiyin Chen Mar 21, 2026(Bloomberg) –The US said Iran’s ability to threaten marine traffic on the Strait of Hormuz has been “degraded” after it took out a facility along …
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By Lorenzo Hernandez PROGRESO, Mexico, March 20 (Reuters) – Volunteers in Mexico loaded a fleet of modest boats bound for Cuba with rice, baby wipes and other supplies in a …
Libya’s National Oil Corporation (NOC) has hired a specialist salvage firm to intercept the damaged Russian LNG carrier Arctic Metagaz, as the abandoned vessel drifts toward the Libyan coast carrying …
Multiple U.S.-flagged commercial vessels critical to America’s sealift capability are effectively stranded inside the Persian Gulf amid the U.S.-Israel conflict with Iran, prompting one Senator to demand urgent action from …
By Mihir Mishra and Alex Longley Mar 21, 2026 (Bloomberg) —The Iranian Navy guided an Indian liquefied petroleum gas tanker through the Strait of Hormuz last week, allowing the ship …
By Crispian Balmer BAGNOLI, Italy, March 21 (Reuters) – Rusted factory skeletons loom over a shoreline poisoned by decades of heavy industry on the western fringes of Naples, which will …
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) on Friday issued a new general license authorizing the delivery and sale of Iranian-origin crude oil and petroleum products already loaded …
President Donald Trump on Friday signaled that U.S. military objectives against Iran are nearing completion, outlining a sweeping set of goals that include the destruction of Tehran’s military capabilities while …
NEW DELHI, March 20 (Reuters) – Two Indian-flagged liquefied petroleum gas tankers are preparing to sail through the Strait of Hormuz in coming days after a pause in voyages, with …
By Samy Adghirni, Ewa Krukowska and Irina Vilcu (Bloomberg) — Iranian officials have become reluctant to even discuss reopening the Strait of Hormuz as they focus on surviving the US-Israeli …
March 20 (Reuters) – A tanker carrying fuel originally bound for Cuba on Friday changed its destination to Trinidad and Tobago, according to LSEG ship-tracking data, a blow for the …
ROME, March 20 (Reuters) – A damaged Russian LNG tanker that has been drifting unmanned in the Mediterranean for more than two weeks, risking a major ecological disaster, is four …
By John Irish, Marc Leras and Gianluca Lo Nostro PARIS, March 20 (Reuters) – The French Navy seized an oil tanker on Friday in the Western Mediterranean that President Emmanuel …
By John Ainger, Ewa Krukowska and Donato Paolo Mancini Mar 20, 2026 (Bloomberg) –The European Union is bracing for a protracted energy price shock after Iran crippled a vital Qatar …
A mounting humanitarian crisis is unfolding at sea as tens of thousands of seafarers remain trapped aboard vessels across the Persian Gulf, Gulf of Oman, and Arabian Sea, with reports …
French naval forces with the support of the UK have intercepted and boarded another vessel tied to Russia’s so-called shadow fleet in the Mediterranean, signaling that Europe’s shift toward direct …
At a ceremony at Damen Shipyards Galati in Romania, the tenth Island Class ferry has been launched. Damen is constructing the vessels for BC Ferries. The Island Class ferries provide …
The U.S. Navy hospital ship USNS Mercy has arrived at Vigor’s shipyard in Portland, Oregon, on Thursday according to the latest Automatic Identification System (AIS) data, effectively confirming the vessel’s …
By Robert Harvey and Georgina McCartney LONDON/HOUSTON, March 19 (Reuters) – If you want to buy a cargo of oil in Asia or jet fuel in Europe right now, you …
The International Maritime Organization (IMO) has issued a forceful condemnation of attacks on commercial shipping in the Middle East, warning that the situation in the Strait of Hormuz poses a …
The International Maritime Organization is moving to establish a safe-passage framework for commercial shipping in the Strait of Hormuz, as thousands of vessels—and tens of thousands of seafarers—remain effectively stranded …
The International Maritime Organization (IMO) has issued a forceful condemnation of attacks on commercial shipping in the Middle East, warning that the situation in the Strait of Hormuz poses a …
The Drewry World Container Index (WCI) rose 2% this week to $2,172 per 40-foot container, marking a third consecutive weekly increase as strength on Transpacific routes continues to support the …
The World Trade Organization is warning that global trade growth will slow sharply in 2026—and could weaken further if elevated energy prices tied to the Middle East conflict persist. In …
U.S. Energy Secretary Chris Wright and Interior Secretary Doug Burgum moved swiftly to quash speculation that Washington could restrict energy exports, issuing coordinated statements reaffirming that no such policy is …
DUBAI/DOHA, March 19 (Reuters) – Iranian attacks have knocked out 17% of Qatar’s liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in lost annual revenue and threatening …
WASHINGTON, March 19 (Reuters) – The U.S. may soon remove sanctions from Iranian oil that is stranded on tankers to help lift global supplies and reduce prices, U.S. Treasury Secretary …
A containership already at the center of one of the deadliest incidents in the Strait of Hormuz crisis may have been struck again, with early reports indicating the vessel is …
Leaders from the United Kingdom, France, Germany, Italy, the Netherlands, and Japan issued a joint statement Thursday condemning Iran’s recent actions in the Persian Gulf, warning that escalating attacks on …
Mediterranean Shipping Company is moving to take joint control of South Korea’s Sinokor Maritime, formalizing a relationship that has drawn growing attention across tanker markets. A March 11 competition filing …
By Helen Nyambura Mar 19, 2026 (Bloomberg) –The closure of the Strait of Hormuz is turning Kenya’s Lamu port into a surprise refuge, as vessels bound for the Middle East …
By Clare Jim and Donny Kwok HONG KONG, March 19 (Reuters) – CK Hutchison said on Thursday it remained in talks with a consortium to sell the majority of its …
President Donald Trump on Wednesday warned of overwhelming U.S. retaliation against Iran if attacks on Qatar’s energy infrastructure continue, following a major escalation that has already disrupted global LNG markets. …
By Ruth Liao and Sherif Tarek (Bloomberg) — A Qatari complex housing the world’s largest liquefied natural gas export plant suffered “extensive damage” after a missile strike, hours after Iran …
By Parisa Hafezi, Rami Ayyub and Maya Gebeily DUBAI/JERUSALEM/BEIRUT, March 18 (Reuters) – Iran’s huge Pars gas field was hit on Wednesday in a major escalation in the U.S.-Israeli war …
Fatal accident comes despite increasing efforts aimed at preventing enclosed-space deaths Two crewmembers are dead and two others hospitalized following a confined space incident aboard a freight barge near Ketchikan, …
By Parisa Hafezi, Rami Ayyub and Maya Gebeily DUBAI/JERUSALEM/BEIRUT, March 18 (Reuters) – Iran’s huge Pars gas field was hit on Wednesday, a major escalation in the U.S.-Israeli war, prompting …
Ultra-large containership to undergo inspection after dozens of boxes lost and damaged in heavy weather. The ultra-large container ship OOCL Sunflower has arrived at the Port of Long Beach following …
By Captain John Konrad (Opinion) – The Strait of Hormuz is twenty-one miles wide. Two shipping channels, each two miles across, separated by a two-mile buffer. There is no alternative. …
U.S. President Donald J. Trump on Tuesday suggested the United States could step back from securing the Strait of Hormuz, floating the idea of forcing allied nations to take greater …
LNG bookings average one per day as Canal positions itself as key alternative for disrupted Middle East energy flows By Lori Ann LaRocco – LNG transits through the Panama Canal …
By Timothy Gardner and Marianna Parraga March 18 (Reuters) – The U.S. issued a waiver on Wednesday broadly authorizing U.S. companies to do business with Venezuela’s state-run oil company PDVSA, …
The White House has approved a 60-day Jones Act waiver, moving forward with a controversial policy that U.S. shipping interests warned just days ago would do little to lower fuel …
By Sudhi Ranjan Sen Mar 18, 2026 (Bloomberg) –India is sending additional warships to the Gulf of Oman and Arabian Sea to ensure the safe passage of its vessels in …
After two weeks as a “ghost ship” drifting across the Mediterranean, the abandoned Russian-flagged LNG carrier Arctic Metagaz has returned to Libyan search and rescue waters, still leaking gas and …
Bunker-buster munitions target coastal threats to commercial shipping U.S. forces have struck Iranian coastal missile sites near the Strait of Hormuz, targeting systems assessed to pose a direct threat to …
An Australian Transport Safety Bureau (ATSB) preliminary report has provided new detail on last year’s incident involving Australia’s Antarctic research and supply icebreaker RSV Nuyina, confirming the ship briefly grounded …
Gulf state weighs joining multinational naval effort as Iran’s de facto shutdown of the Strait of Hormuz disrupts global oil flows and rattles shipping markets By Alexander Cornwell TEL AVIV, …
Oslo’s largest shipping listing in 20 years falls 12% on debut as Hormuz disruption rattles tanker sentiment. (Bloomberg) — Crude tanker-owner Capital Tankers Corp.’s shares fell in their Oslo debut …
(Bloomberg) — A widening conflict in the Middle East has led to dramatic swings and surges in the price of fuel for ships, prompting distributors in Singapore, the world’s top …
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