United States
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Marine World
Why Oil’s Not at $200 After the Biggest Supply Shock in History
For decades, oil traders, executives and analysts warned that closing the Strait of Hormuz would be a global economic catastrophe. …
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Marine World
U.S. Looks to Unblock Hormuz With Quiet Version of Project Freedom
A month after President Donald Trump announced — and then abandoned — a plan to escort commercial ships through the…
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Port News
Diana boosts Genco bid in fresh takeover push
Greek dry bulk owner Diana Shipping has increased its takeover offer for US-listed rival Genco Shipping & Trading, intensifying a…
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Marine World
Iran Says New U.S. Strikes Violate Ceasefire
Iran said the United States had violated a ceasefire after the U.S. conducted what it called defensive strikes in southern Iran, while…
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Port News
FMC hits Maersk with $1.9m penalty over detention billing practices
The US Federal Maritime Commission (FMC) has secured a $1.9m civil penalty settlement with Danish container shipping giant Maersk over…
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Marine World
Quad Nations Launch Fiji Port Plan, Critical Minerals Pact Amid China Tensions
NEW DELHI, May 26 (Reuters) – The foreign ministers of Australia, India, Japan and the U.S. agreed to jointly build a port in…
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Port News
Reach Subsea teams up with Beacon Offshore for Australia push
Norwegian subsea services specialist Reach Subsea has entered into a memorandum of agreement with Beacon Offshore, establishing a strategic partnership…
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Port News
OFAC-approved demolition deal could reshape shadow fleet exits
The United States has granted a licence to the world’s largest cash buyer of ships to purchase four sanctioned containerships…
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Port News
Filipino seafarer charged after quarter-ton cocaine haul found aboard US-bound aframax
US authorities have seized approximately 227 kg of cocaine worth an estimated $6.4m from a crude oil tanker arriving in…
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Port News
Splash Wrap: Shipping’s most frantic news cycle of the year
Iran proposed managing the Strait of Hormuz through an insurance-based framework that would formalise its control over the critical oil…
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