Uncertainty surrounding the International Maritime Organization’s (IMO) proposed carbon levy is creating significant hesitation in shipping industry investments, according to Christopher Wiernicki the Chairman and CEO of the American Bureau...

Shell Plc said it delivered record volumes of liquefied natural gas to power ships last year, boosting the use of a fuel that’s become crucial to the energy transition.

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced a new round of sanctions targeting Iran’s petroleum sector, including the designation of Iran’s Minister of...

REGENT Craft has achieved a significant milestone in maritime transportation with the unveiling of its first full-scale seaglider prototype, marking a pivotal moment in the evolution of coastal transportation. The...

International container shipping company ZIM (NYSE: ZIM) has reported a remarkable recovery in 2024, posting a net income of $2.15 billion, marking a significant turnaround from the $2.69 billion loss...

Canada announced new 25% tariffs on about C$30 billion ($20.8 billion) of US-made products, including steel and aluminum, after the Trump administration went ahead with global levies on imports of those two materials.

Ukraine may import large volumes of U.S. gas this year via terminals in Germany, Greece, Lithuania and Poland, its state gas operator said, as Kyiv struggles with the impact of Russian attacks on its infrastructure.

Yemen’s Houthi forces have declared an immediate ban on Israeli ships in the Red Sea, Arabian Sea, Bab al-Mandab Strait, and Gulf of Aden, threatening to attack any vessels that...

Triton International Limited, the world’s largest lessor of intermodal freight containers, announced yesterday an agreement to acquire Global Container International LLC (GCI), marking a significant consolidation in the maritime container...

US sanctions on Russia’s oil tanker fleet are showing signs of faltering, after a clutch of blacklisted vessels loaded cargoes for the first time in more than a year to drive up the country’s crude shipments.

U.S. President Donald Trump's bulked-up tariffs on steel and aluminum due to launch within hours will hit nearly $150 billion worth of derivative products made from the metals for the first time, ranging from nuts and bolts to bulldozer blades and threatening cost increases for industry and consumers alike.

Chinese retaliation to US tariffs will hit the “low-margin” agricultural sector the hardest, and White House officials haven’t grasped the full impact, say experts.