U.S. Central Command said it intercepted a merchant vessel trying to get through the blockade of Iran on Saturday.The ship, identified as the Sevan, was part of a 19-vessel "shadow fleet" transporting Iranian oil and gas products to foreign markets, the U.S. military said.Central Command said it was intercepted in the Arabian Sea by a U.S.
Many claim to have ‘saltwater in their veins,’ but all you have to do is walk into the corner office of John McDonald, the new Chairman and CEO of the American Bureau of Shipping (ABS), to see that him saying “I was born into maritime” is not hyperbole. The first thing that greets you is a Dusan Kadlec nighttime painting of the Brooklyn Bridge
Tehran attacked and set ablaze a fully loaded crude oil tanker off Dubai on Tuesday, despite a threat by President Donald Trump that the U.S. will obliterate Iran's energy plants if it does not agree to a peace deal and open the Strait of Hormuz.Authorities in Dubai said the fire on the Kuwait-flagged Al-Salmi had been brought under control following a drone attack
China and Denmark renewed a memorandum of understanding on cooperation in green maritime technology and shipbuilding during a meeting between the two nations' industry ministers in Beijing on Tuesday, China's industry ministry said in a statement.China is willing to jointly conduct research and development with Denmark on low-carbon and zero-carbon fuel-powered ship technologies and explore
China launched its most extensive war games around Taiwan on Monday to showcase Beijing's ability to cut off the island from outside support in a conflict, testing Taipei's resolve to defend itself and its arsenal of U.S.-made weapons.The Eastern Theatre Command said it had deployed troops, warships
There are early signs that some Asian countries are stepping up their imports of U.S. liquefied natural gas (LNG) as part of trade deals with President Donald Trump.Asia's imports of the super-chilled fuel are on track to hit an eight-month high of 2.01 million metric tons in August, according to data compiled by commodity analysts Kpler.
Australia conditionally approved on Wednesday a request by Woodside Energy to extend until 2070 the life of its North West Shelf gas plant, following a six-year review dogged by delays, appeals and backlash from green groups.The facility on the Burrup peninsula in Western Australia is the country's oldest and largest liquefied natural gas plant and a key supplier to Asian markets
China and Pakistan on Tuesday called for an immediate ceasefire in the Gulf and the wider Middle East, urging the swift launch of peace talks and the restoration of normal navigation in the Strait of Hormuz, as their foreign ministers met in Beijing.Both countries have called for talks to end the U.S.-Israeli war on Iran, now in the fifth week.
Two Chinese container ships sailed through the Strait of Hormuz on Monday on their second attempt to leave the Gulf after turning back on Friday, ship-tracking data showed.The critical waterway has effectively been shut since the U.S.-Israeli war with Iran began on February 28.The vessels sailed in close formation out of the strait and into open waters, data on the MarineTraffic platform showed.
India's on Friday allowed the export of 2.5 million metric tons of wheat and an additional 500,000 tons each of wheat products and sugar, as the world's second-biggest producer of both commodities seeks to support local growers amid protests over a trade deal between New Delhi and Washington.
China suspended for one year port fees levied on U.S.-linked vessels, its transport ministry said on Monday, after Washington announced a similar pause on punitive actions against China's shipping and shipbuilding sectors.The reciprocated pauses were in line with agreements reached by U.S. President Donald Trump and Chinese President Xi Jinping during a summit in South Korea last month.
The decision of the U.S. Court of International Trade to deem Trump’s sweeping tariffs as unlawful is good news for shippers—but it could signal the beginning of the next era of confusion in global supply chains.“The court decision to deem the sweeping tariffs unlawful is clearly positive news for shippers who have faced extraordinary increases in the cost of importing goods into the US