Shipping giants CMA CGM and Hapag-Lloyd said on Sunday they had suspended all bookings to and from Cuba until further notice, with both citing a U.S. executive order issued on May 1, in the latest blow to the crisis-wracked island's economy.The temporary suspension of new orders by two of the world’s largest shipping companies could jeopardize as much as 60% of Cuba's shipping traffic by volume
China and Russia on Tuesday vetoed a U.N. resolution encouraging states to coordinate efforts to protect commercial shipping in the Strait of Hormuz, calling the measure biased against Iran, while Washington's ambassador to the world body called on "responsible nations" to join the U.S. in securing the waterway.
The LPG-laden tanker MV Falcon was on fire and adrift on Saturday off the coast of Yemen, after it reported an explosion that forced members of its crew to abandon the vessel, the European Union's naval force Aspides said in a statement.The cause of the explosion was unclear but most likely an accident, according to initial indications, Aspides said.
Terminal operators in a major oil port in east China's Shandong province are set to introduce measures to ban shadow fleet vessels and curb visits by other old tankers, according to an official notice seen by Reuters and a tanker tracker.The measures, to take effect from November 1, would ban vessels using fake IMO numbers and ships of 31 years or older
Oil rose on Tuesday as traders' nervousness about a lack of progress on peace talks between the United States and Iran offset any price impact of a slight recovery in shipping through the Strait of Hormuz.Brent crude futures LCOc1 gained $1.02, or 1.42%, to $73.01 a barrel, while U.S. West Texas Intermediate crude CLc1 rose 93 cents, or 1.36%, to $69.48 a barrel as of 0748 GMT.
Oil prices jumped on Wednesday with Brent trading above $100 a barrel, erasing earlier losses following reports of gunfire attacks on at least three container ships in the Strait of Hormuz.Brent crude futures LCOc1 were up $1.59, or 1.6%, at $100.07 a barrel at 0842 GMT. West Texas Intermediate futures CLc1 rose $1.51, or 1.7%, to $91.18. Both benchmark contracts rose about 3% on Tuesday.
Sable Offshore on Monday said it had begun pumping oil on a long-disputed pipeline system linking the Santa Ynez offshore platform to California refineries after emergency orders from the Trump administration directing the restart.The restart marks a major win for the Houston-based oil company in its years-long battle with California regulators and environmental groups
The European Union has awarded funding to support the development of carbon capture, utilization and storage (CCUS) in the Øresund region, backing a cross-border project aimed at accelerating renewable energy use and enabling the production of sustainable fuels.The three-year project is supported by financing from the Interreg Øresund-Kattegat-Skagerrak program and will establish a
A new study published in Marine Pollution Bulletin shows that oil is still seeping from the wreck of the USS Arizona, more than 80 years after its sinking at Pearl Harbor. The study focuses on samples collected by the National Park Service in 2016 and 2018.Researchers, led by the University of Houston and Woods Hole Oceanographic Institution (WHOI)
Ships are passing smoothly through the Turkish straits to the Black Sea despite heightened concerns about safety, two Turkish government officials told Reuters on Sunday.On Saturday, Bloomberg News reported that Ankara had restricted commercial ship traffic entering the Black Sea following attacks on vessels there, including Turkish-owned ships.
The Australian Trasport Safety Bureau (ATSB) has published an interim report from its ongoing investigation into the breakaway of four ships during a storm at the Port of Brisbane last year.Three large container ships broke their moorings, and one subsequently grounded, when Brisbane was hit by a fast‑moving, severe thunderstorm on the afternoon of November 24, 2025.
The U.S. Coast Guard and partners responded to a fire onboard a non-operational natural gas platform offshore Santa Barbara, California, on Monday.At 6:30 a.m. a fire occurred aboard platform Habitat when platform personnel were conducting decommissioning operations for the platform.Platform Habitat, a non-oil producing platform, is located approximately 8 miles southwest of Santa Barbara.