13

Nov

Oil’s Billion-Barrel Buildup at Sea Points to Sanctions Stress

By Alex Longley and Julian Lee — There is a huge amount of oil, around a billion barrels, sitting on the world’s oceans. A significant part of this oil comes...

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13

Nov

52-Year-Old Livestock Carrier Stranded Off Turkey With Nearly 3,000 Cattle Aboard

The livestock carrier Spiridon II has been in quarantine near Band?rma, Turkey, for 54 days after leaving Uruguay. The ship has around 2,853 cattle and 20 crew...

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13

Nov

U.S. Widens Sanctions in Global Crackdown on Iran’s Missile and Drone Networks

The U.S. Department of the Treasury has imposed sanctions on 32 individuals and organizations across eight countries. This is part of a coordinated effort to...

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13

Nov

CMA CGM Strengthens European Hub Strategy with 20% Stake in Hamburg Terminal

The CMA CGM Group has signed an agreement to buy a 20% share in EUROGATE Container Terminal Hamburg. This move represents a big step for the French shipping co...

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13

Nov

Crowley Expands Mooring Operations to Nation’s Busiest Port Complex

Crowley, a provider of maritime services, has started mooring operations at the ports of Los Angeles and Long Beach. This move is a key step in expanding its h...

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13

Nov

Rubio Dismisses Criticism of U.S. Caribbean Strikes at G7 Meeting

NIAGARA-ON-THE-LAKE, Canada, Nov 12 - U.S. Secretary of State Marco Rubio responded to criticism from some U.S. allies regarding the legality of U.S. strikes...

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13

Nov

World Oil and Gas Demand Could Grow Until 2050, IEA Says

LONDON, Nov 12 (Reuters) - The International Energy Agency (IEA) announced on Wednesday that global oil and gas demand might continue to rise until 2050. This...

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12

Nov

Houthis Declare Suspension of Red Sea Attacks, But Maritime Threat Remains

The Houthi militant group in Yemen has announced that it will pause its maritime operations against Israel and formally end its naval blockade of Israeli ports...

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12

Nov

The Shipping Mogul Who Carved a Route to China’s African Mining Prize

Sun Xiushun first ventured to Guinea about ten years ago as a low-profile shipowner looking to stay involved in the aluminum industry. At the time, West Africa...

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