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US Limits Air Defense Time Slots For Tankers Sailing Through Hormuz
9+ hour, 13+ min ago (127+ words) Sept 12 (Reuters) – The U.S. has asked tankers traveling through the Strait of Hormuz to sail only at specific times to guarantee military protection after Iran stepped up attacks on ships traveling at night, the Financial Times reported on Saturday. Washington…...
California Gas Station With $9.99 Diesel Exemplifies Fuel Crisis
2+ hour, 58+ min ago (565+ words) An offshore oil platform is seen in Huntington Beach, California, U.S. September 28, 2014. REUTERS/Lucy Nicholson Sep 12, 2026 (Bloomberg) –At a fuel station in San Diego where diesel is retailing for $9.99 a gallon, Californians can take solace in at least this: in theory,…...
Crew Of Vessel Attacked In Hormuz Strait Evacuated
8+ hour, 50+ min ago (214+ words) A ship is illuminated by fire from a burning vessel, after Iranian explosive-laden boats appear to have attacked two fuel tankers in Iraqi waters setting them ablaze, according to port, maritime security and risk firms, amid the U.S.-Israeli conflict with…...
EU Imports More Yamal LNG as Russian Arctic Trade Tilts Toward Europe
2+ day, 7+ hour ago (617+ words) European Union spending on Russian Arctic LNG has already surpassed last year’s total, even as the bloc prepares for a broader phaseout of Russian energy imports. EU countries paid an estimated €7.28 billion for LNG from Russia’s Yamal project between January…...
Houthi Seizure of Mocha Opens New Front in Iran-U.S. War
3+ day, 3+ hour ago (895+ words) Armed men stand on the beach as the Galaxy Leader commercial ship, seized by Yemen's Houthis in November 2023, is anchored off the coast of al-Salif, Yemen, December 5, 2023. REUTERS/Khaled Abdullah By Parisa Hafezi, Mohammed Ghobari and Timour Azhari DUBAI/ADEN…...
MSC Baltic III Wreck Pulled Toward Shore as Removal Advances
3+ day, 3+ hour ago (561+ words) Wreck removal crews have now pulled the grounded containership MSC Baltic III about 53 meters toward shore in Newfoundland and Labrador as salvage teams continue dismantling the vessel and removing steel from the wreck. The Canadian Coast Guard said Resolve Marine…...
Shipping Nations Sound Alarm Over Threats to Freedom of Navigation
4+ day, 6+ hour ago (543+ words) A group representing 18 major shipping nations is warning that growing geopolitical tensions, unilateral trade measures and the expansion of the shadow fleet are threatening the rules-based maritime system that underpins global trade. The Consultative Shipping Group (CSG), whose members span…...
U.S. Destroys Five More IRGC Tankers After Iran Targets Navy Warship
5+ day, 4+ min ago (397+ words) U.S. Central Command imagery shows the Iranian tankers Derya, Horizon 1, Kaviz and Charminar during U.S. strikes on Sept. 8, 2026. (Courtesy USCENTCOM) U.S. forces destroyed five Iranian crude oil tankers Tuesday after the Islamic Revolutionary Guard Corps targeted a U.S. Navy warship with ballistic missiles twice…...
Russia's Arctic LNG 2 Seeks $1 Billion in Damages From South Korea's Hanwha
5+ day, 9+ hour ago (243+ words) Novatek’s Arctic LNG project in the Russian Arctic. (Source: Novatek) MOSCOW, Sept 8 (Reuters) – Arctic LNG 2, a liquefied natural gas project led by Russia’s Novatek NVTK.MM, is seeking about $1 billion in damages from South Korean shipbuilder Hanwha Ocean over canceled…...
Oil Tanker Company Says It’s Owed $55 Million in Rate Dispute
5+ day, 7+ hour ago (336+ words) By Alex Longley (Bloomberg) — Oil tanker company Hunter Group ASA says it’s owed $55 million by a counterparty that’s disputing its contractual obligations after a surge in the world’s benchmark freight rate. The underpayment has been steadily accruing over several months,…...