Saudis in Talks to Formalize Hormuz Shuttles in Fight for Market
(Bloomberg) — Saudi Arabia is in talks with customers to offer oil loadings next year outside the Strait of Hormuz in long-term contracts, formalizing a
(Bloomberg) — Saudi Arabia is in talks with customers to offer oil loadings next year outside the Strait of Hormuz in long-term contracts, formalizing a
The United States on Thursday imposed sanctions on 22 tankers and dozens of individuals and companies linked to Iran’s oil trade, expanding its campaign
Nearly two-thirds of U.S. Gulf of Mexico oil production has been shut down as Hurricane Isaias strengthens ahead of an expected landfall along the northern
(Bloomberg) — Supertankers are racing to the Middle East to cash in on soaring fees for carrying oil through the Strait of Hormuz, exacerbating a global
Tankers are facing a higher risk of attacks and intimidation as they try to get critical shipments through the Strait of Hormuz after Iran issued new
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TOTE Services has finalized its contract with the U.S. Maritime Administration to oversee construction of a new generation of missile-tracking ships, clearing
A chemical tanker was struck by multiple projectiles off the coast of Qatar on Wednesday, with casualties reported among its crew, in the latest attack on
The United Kingdom on Thursday sanctioned 12 oil tankers it identified as part of Russia's shadow fleet, including the 22-year-old Dakar that is currently
Intensifying attacks by Russia and Ukraine ahead of the winter are further endangering navigational safety in the Black Sea, Turkish Foreign Minister Hakan
Today's trade flows resemble a windy waterpark slide more than the traditional waterway superhighway. The three-dimensional chess game being played by ocean
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Mexico's auto exports posted their biggest slump so far this year, data from statistics office INEGI showed on Wednesday, a decline analysts attributed to
Indian refiners have cut back Russian crude purchases for November delivery, as rising competition from China pushes up prices at a time when buyers can tap
A 22-year-old product tanker sanctioned by the European Union is making an unusual late-season voyage along Russia's Northern Sea Route, highlighting the
South Korea's presidential office on Wednesday dismissed a Ukrainian report that Russia has imported petroleum products from South Korean ports, calling
The Port of Savannah handled a record 504,015 twenty-foot equivalent units in September, up 3.7% from a year earlier as strong imports and a later-than-usual
Trafigura Group bought seven oil tankers from New York-listed SFL Corp., in the latest example of how trading houses and state energy companies are acquiring
Defense tech firm Anduril unveiled plans on Tuesday for a $3.7 billion shipyard in Maryland that is expected to generate 3,100 jobs, in a ceremony attended
Maritime traffic through the Strait of Magellan jumped more than 70% both in August and September from year-ago levels as ships diverted from the
Attacks on tankers sailing through the Strait of Hormuz hit their highest last week of any week since the Iran war began, according to maritime security
Anduril Industries plans to invest $3.7 billion in a new Maryland shipyard to manufacture major components for Virginia-class attack submarines, backed by a
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China has completed the first season of regular weekly container shipping between China and Europe via the Northern Sea Route, with the operator completing all
Qatar has amassed a fleet of empty liquefied natural gas tankers in the Persian Gulf, a sign that one of the world’s biggest exporters of the fuel may be
Yemen's Houthis attacked Aden's international airport with ballistic missiles and explosive-laden drones on Wednesday, the country's Transport Ministry said,
Iran’s offshore crude stockpile in Southeast Asia is being rapidly depleted as the U.S. maritime blockade prevents fresh barrels from leaving the Persian
New company takes on four Arc4 LNG carriers as Seoul looks to expand Busan’s role in Arctic shipping. A newly established South Korean ship manager is
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