News
G7, EU Weigh Full Ban on Maritime Services for Russian Oil
BRUSSELS/LONDON/OTTAWA, Dec 5 (Reuters) – The Group of Seven countries and the European Union are in talks to replace a price cap on Russ...
War Insurance Costs Spike for Ship Owners as Black Sea Threats Grow
LONDON, Dec 4 (Reuters) – War insurance costs for ships sailing to the Black Sea have spiked again, with insurers reviewing policies dail...
HD Hyundai Charts Course for AI-Powered Shipbuilding Revolution
South Korean shipbuilder HD Hyundai recently gathered over 600 industry leaders, government officials, and technology partners at the APE...
Norsepower Rotor Sails to be Installed on First-Ever VLCCs in 2028
Norsepower and Idemitsu Tanker Co., Ltd. have partnered to equip two Very Large Crude Carriers with advanced wind-assisted propulsion tec...
Port of Newcastle Reopens After Climate Protesters Block Shipping Channel
Nov 30 (Reuters) – One of Australia’s biggest coal export ports resumed operations on Monday, the port operator said, after climate-chang...
OPEC+ Meets To Assess Market With Output Plans Seen Steady
Nov 30, 2025(Bloomberg) –OPEC+ is gathering to assess global oil markets on Sunday, with the producers still on track to pause supply inc...
Coal Ship Turns Back After Protesters Block Shipping Channel at Major Australian Port
SYDNEY, Nov 29 (Reuters) – A climate-change protest off Australia’s coast forced an inbound ship to turn back from one of the country’s l...
US LNG Exports at Record High Just in Time for Winter Demand
Nov 28, 2025 (Bloomberg) –US liquefied natural gas exports are set to hit a record high this month, helping to tame prices in Asia and Eu...
America’s Sole Heavy Icebreaker Heads South as Arctic Competition Intensifies
The U.S. Coast Guard Cutter Polar Star departed its Seattle homeport Thursday for its 29th annual deployment to Antarctica, beginning a...