President Donald J. Trump said Friday that U.S. forces carried out a major airstrike against military targets on Iran’s Kharg Island, a strategic oil export hub in the… Weiterlesen »Trump Warns Iran’s Oil Lifeline at Risk After Major U.S. Strike on Kharg Island

A handful of Greek shipowners have sent crude oil and dry bulk tankers through the Strait of Hormuz during the U.S.-Israeli war on Iran, risking destruction from… Weiterlesen »Lured by Profits, Some Shipowners Brave Mines and Missiles to Sneak Oil Past Iran

The conflict in the Middle East could significantly alter expectations of looming overcapacity in the container shipping sector. The prolonged Red Sea disruptions are absorbing… Weiterlesen »Middle East Conflict Dampens Fears of Container Sector Overcapacity

Swedish authorities have boarded a sanctioned oil tanker in the Baltic Sea after determining the vessel may be operating under a false flag, marking the… Weiterlesen »Sweden Boards Sanctioned Tanker Suspected of Sailing Under False Flag

Saudi Arabia’s race to bypass the Strait of Hormuz has led to a buildup of oil supertankers waiting off the kingdom’s Red Sea coast to… Weiterlesen »Supertankers Build Up in Red Sea as Saudi Arabia Races to Bypass Hormuz

Ukraine and its European allies hit out on Friday at a U.S. temporary waiver to allow countries to buy sanctioned Russian oil and petroleum products… Weiterlesen »European Allies Riled as US Loosens Russia Oil Sanctions

An Australian expedition cruise ship grounded on a reef while approaching a remote harbor in Papua New Guinea after a last-minute route modification in the… Weiterlesen »Cruise Ship Grounds on Reef in Papua New Guinea After ECDIS Route Change Derails Approach

Italian authorities are weighing how to deal with a Russian liquefied natural gas tanker left adrift in the Mediterranean after what Moscow described as a Ukrainian… Weiterlesen »Italy Weighs Options as Damaged Russian LNG Tanker Drifts in the Mediterranean

The second set of U.S. waivers on Russian oil and vessel tracking data shows both the Iranian and Russian shadow fleets are profiting off the… Weiterlesen »U.S.-Israel War on Iran a “Gift” for Russia

The US issued a second authorization letting countries buy more Russian oil that’s stuck on tankers due to sanctions, part of the White House’s push to prevent… Weiterlesen »US Treasury Allows More Russian Oil Sales to Help Tame Prices