Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to sail to Asia and Ukrainian drone attacks hobble its refineries.

Oil refiners in India — eager to keep importing cheap crude from Russia — are working with merchants, shippers and other middlemen to rebuild supply chains as tougher US sanctions come into effect.

U.S. sanctions continue to severely hamper Russia’s efforts to deliver LNG from the designated Arctic LNG 2 plant to customers. Five months after loading cargo at the Arctic gas terminal LNG carrier East Energy (139,833-cbm) moored up yesterday alongside the Koryak floating storage barge to seemingly offload its cargo.

An oil tanker carrying crude from a Russian producer that was recently sanctioned by the US has been floating off West Coast of India for two days, raising a question about whether authorities in the south Asian country will allow the vessel to deliver its cargo.

A new industry survey by maritime consultancy Drewry reveals that most container shipping stakeholders expect Suez Canal transits to resume before the end of 2025, while bracing for escalating U.S....

South Korean shipping giant HMM delivered strong financial results in 2024, with revenue reaching KRW 11,700 billion (USD $8 billion) and operating profit hitting KRW 3,513 billion (USD $2.3 billion)...

Blanked sailings and general rate increases (GRIs) have failed to arrest the drop in Asia-North Europe freight rates, with slot utilisation less than 95% amid the post-Chinese New Year slack period.

Yemen's Iran-backed Houthis, who control most of western Yemen including the capital, are ready to mount attacks on Israel if it resumes its assault on Gaza and does not commit to the ceasefire deal, the group's leader Abdulmalik al-Houthi said on Tuesday.

South Africa has significantly enhanced its maritime environmental protection measures with President Cyril Ramaphosa signing into law the Marine Pollution Amendment Bill, a move that comes at a crucial time...

U.S. President Donald Trump substantially raised tariffs on steel and aluminum imports on Monday to a flat 25% "without exceptions or exemptions" in a move he hopes will aid the struggling industries in the United States but which also risks sparking a multi-front trade war.

Ship traffic through the Red Sea has remained slow in recent weeks despite a prolonged period without attacks from Yemen’s Houthis.

Yara Clean Ammonia Switzerland SA has signed the world’s first time-charter contract with NYK for an ammonia-fueled medium gas carrier (AFMGC). The 40,000m³ carrier, scheduled scheduled for delivery in November...