Sri Lankan Navy forces have rescued 32 "critically wounded" Iranians from the warship IRIS Dena, one of the Iranian Navy's most modern surface combat...
High risks for transits of the Strait of Hormuz have severely limited the number of empty tankers in the Arabian Gulf, and Iraq has become the first...
[By Alana Davis]In 2023, the Center for Strategic and International Studies (CSIS) wargamed a conflict between the United States of America and the P...
British insurer Beazley has been purchased by Swiss insurance conglomerate Zurich for $10.8 billion, a small boost over an earlier offer. The agreeme...
Nearly a year after the deal was first announced for a consortium of MSC Mediterranean Shipping Company and U.S. investment group BlackRock to acquire...
Reporting a strong financial performance in 2025 and a positive outlook as the brand continues to grow its fleet, Viking announced it has ordered two...
The shipping disruption from conflict in the Gulf region is only just getting started, according to new data from Clarksons and forecasts from multip...
Belgium announced during a press briefing on Tuesday, March 3, that it has completed its inspection of the tanker Ethera, which it detained overnight...
On Tuesday morning, drones hit an oil storage terminal at Fujairah, UAE, a key energy transshipment and bunkering hub for the Gulf region. Tank farm...
Israel has organized a number of emergency transport efforts to aid Israelis caught overseas as the war with Iran began. Included in the efforts, a s...
One day after leading marine insurance underwriters decided to withdraw war risk cover for the Persian Gulf and Strait of Hurmuz, the White House has...
A Russian LNG carrier that has been sanctioned and operates in the shadow fleet is reported to be ablaze and drifting in the Mediterranean after one o...
Oil and gas traders, as well as ship charterers, are faced with an open question as the impact of the crisis in the Gulf region deepens.If the crisis...
At the height of the Houthis’ war on shipping in the Red Sea and Gulf of Aden, it was apparent that under IRGC tutelage, the Houthis made use of an i...
Rates for VLCCs were already high before the U.S.-Israeli strike on Iran last weekend, but three days after hostilities began, charterers are shatter...
The conflict between the U.S., Israel and Iran may well put off any real hope of a return to Red Sea container ship traffic for the rest of this year...
Two merchant ships and a fishing boat are working alongside the South African Maritime Safety Authority (SAMSA) as the search continues for missing c...
Norwegian Cruise Line Holdings reported its fourth quarter and year-end financial results, and while it met or exceeded expectations, it disappointed...
Saudi Arabia has shut down processing at its gigantic Ras Tanura installation, part of the world's largest oil port, after a reported Iranian drone a...
Damage to the U.S. Navy's 5th Fleet base at Bahrain appears to be more significant than initially estimated, according to new satellite imaging analy...