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CARGO SHIP
Russia's oil exports to Asia via Arctic route start strongly, sources say and data showsRussia is shipping crude oil via its Arctic route faster than last year. Seven cargoes carrying six million barrels are already heading to ...- US fired on Panama-flagged ship that tried to break blockade of Iranian ports, WSJ reports citing US officialA US military helicopter fired on a Panama-flagged ship after its crew ignored warnings. The vessel, Vela Nova, was reportedly hit by a mis...
- Houthi attack on small cargo ship in Red Sea kills three crew members, sources sayA cargo ship was attacked by Yemen's Iran-aligned Houthis, killing three crew members. The Tanzania-flagged Tihamah was hit by an unknown p...
- Italian divers found a 2,100-year-old Roman shipwreck beneath 151 feet of water; its cargo still held about 500 wine jarsAn underwater fisherman discovered a Roman shipwreck near Mazara del Vallo. Hundreds of ancient wine jars, called amphorae, were found pile...
- Trump extends Jones Act waiver for 90 days, narrows scopeUS President Donald Trump has extended a waiver allowing foreign-flagged ships to transport oil and other commodities between US ports for ...
- Batten down, ride out shipping stormShips are increasingly steering clear of the Suez Canal, resulting in port congestion and longer shipping times than usual. Driven by elect...
- Trump extends Jones Act waiver with some limitations, White House official saysUS President Donald Trump has approved a Jones Act waiver extension. This waiver aims to reduce gas prices by increasing shipping flexibili...
- Taipei says China's traffic control order for Taiwan Strait during typhoon is 'ridiculous'Taiwan has called China's traffic control attempts in the Taiwan Strait ridiculous. Beijing claims the strait and has imposed measures due ...
- Reliance Industries books supertanker at record $23-25 million freight to lift Iraqi crudeReliance Industries paid a record sum to charter a supertanker for Iraqi crude oil. This reflects a limited vessel pool and soaring voyage ...
- Hormuz uncertainty pushes landed costs up to 50%, raising risk of higher consumer pricesThe escalating unrest near the Strait of Hormuz is causing a notable spike in shipping expenses for businesses in India. An increase in fre...
- Oil Price Today (August 7): Crude oil rises above $83 as Strait of Hormuz deadlock continues. Here’s whyOil prices climbed for a second session on Friday due to renewed Hormuz Strait concerns. Iran proposed restricting hostile vessels and impo...
- Proposed Hormuz passage deal not feasible for shipping industry, sources sayA proposed Iran-Oman deal for Strait of Hormuz control faces significant challenges. U.S. sanctions and restrictive insurance clauses imped...
- Russia strikes three more cargo vessels in Black SeaRussian forces struck three more cargo vessels in the Black Sea on Wednesday. This escalation has forced up global wheat prices significant...
- Iran, Oman near Hormuz reopening deal as talks advanceIran and Oman are making progress on a deal to reopen the Strait of Hormuz. This potential agreement involves shared control and service fe...
- India's fuel exports hit 1-year high in July on strong diesel marginsIndia's fuel exports hit a one-year peak in July, driven by strong diesel margins. Russia's diesel export ban and global supply voids creat...
- Six Saudi tankers turn away from Gulf of Aden, ship-tracking data showsThe tankers, which were empty of cargo after returning from destinations in Asia, were sailing in formation towards southern Africa, rath...
- SC directs MEA to trace Indian seafarer missing after Black Sea drone attackThe Supreme Court directed the MEA to use diplomatic channels to trace a 22-year-old Indian seafarer missing after a drone attack on cargo ...
- Dry, hot summers are putting Dutch dikes at risk and threatening German river tradeEuropean drought weakens Dutch dikes, requiring constant monitoring by volunteers. Cargo ships face reduced loads on shallow Rhine and Danu...
- Hormuz oil shuttling trade is picking up again after lullProducers are using their own vessels or fixed contracts to ensure oil delivery. This activity is crucial for global oil markets, which rel...
- Vietnamese cargo ship sinks near disputed reef; search on for 23 crew membersRescue teams are searching for twenty-three crew members after a Vietnamese cargo ship sank. Thirty-nine individuals were successfully resc...
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