Oil Prices Slip 1% Despite Houthi Threat to Close Bab el-Mandeb Strait

Oil prices edged lower on Thursday even as Iran reportedly urged Yemen’s Houthi movement to prepare for closing the Red […]

EU Opens Door to Alternatives on IMO Net-Zero Framework, But Sets Strict Conditions

The European Union has signalled it is prepared to consider alternatives to the IMO Net-Zero Framework (NZF), but only if

Maersk has temporarily removed a loop on its route connecting East Asia and Latin America, according to ShippingWatch. The Danish

DP World’s Americas ocean freight division is putting $1 million behind Hapag-Lloyd’s biofuel-based carbon insetting initiative, according to Ship &

The pooling mechanism under FuelEU Maritime saw widespread use during the regulation’s first compliance cycle, with around 90% of vessels

India has ordered a halt to the deployment of its seafarers through the Strait of Hormuz, according to ShippingWatch. The

The White House is reportedly considering extending an exemption to the Jones Act once again, according to ShippingWatch. The move

Ship traffic through the Strait of Hormuz has fallen sharply following a new US blockade, according to ShippingWatch. Only seven

The US military has intercepted and disabled an oil tanker allegedly attempting to breach a newly reimposed naval blockade on