U.S. President Donald Trump's move allowing foreign-flagged cargo ships to move fuel and other goods between domestic ports has so far had little impact on American oil supply, according to trade data and analysts who noted that U.S. refiners and shippers are earning more profits sending fuel overseas.Last month, Trump waived Jones Act limitations for 60 days starting March 17, hoping the move would help tame the surge in fuel prices caused by the Iran war by increasing shipments from the U…
Russia on Monday said that Ukrainian drones attacked the Caspian Pipeline Consortium's Black Sea terminal, which handles 1.5% of global oil supply, damaging the single point mooring (SPM), loading infrastructure and four vast storage tanks.Separately…
Russia's Baltic Ust-Luga port, one of its largest petroleum export hubs, was damaged again on Sunday by a Ukrainian drone attack which sparked a blaze later brought under control, Russian officials said.It followed several Ukrainian drone strikes…
Russia's oil pipeline monopoly Transneft will try to redirect oil exports from the Baltic Sea ports, damaged by drone attacks, Interfax news agency reported on Thursday, citing the head of the company.According to Reuters calculations based on market data…
Russia's Baltic ports of Primorsk and Ust-Luga, major export terminals, suspended crude oil and oil products loadings on Wednesday, two sources told Reuters, after massive Ukrainian drone attacks sparked blazes, with smoke visible from Finland…
Two tankers bound for India sailed through the Strait of Hormuz on Monday, as U.S. President Donald Trump threatened to attack Iran’s power plants unless Tehran drops threats that have effectively closed the Gulf.Gulf nations including Saudi…
ExxonMobil, BP and Vitol are shipping a record volume of oil products to Australia from the U.S. in March, shipping data from trading sources shows, filling a gap left by the loss of regular volumes from Asia as the Iran conflict disrupts supplies…
The Northwest Seaport Alliance (NWSA) reports that February 2026 total container volume (international and domestic) reached 207,725 TEUs, down 19.4% compared to February 2025, when shippers were frontloading cargo ahead of expected tariffs…
The St. Bernard Port, Harbor and Terminal District has recently completed an Economic Impact Assessment to determine how the port affects the economic activity of St. Bernard Parish.The port’s Executive Director, Drew Heaphy, said: “The report highlights that more than 20% of the jobs located in St…
UK-based marine services provider James Fisher and Sons plc reported improved profitability and margin growth in 2025, with the company pointing to stronger execution across its Defence, Energy and Maritime Transport divisions and continued progress in a multi-year turnaround strategy…
Amidst a more complex and uncertain operating environment, Singapore’s MPA is charting the long-term direction for Maritime Singapore. This includes developing strategies to seize growth opportunities and strengthen Singapore’s position as a key node in global trade…
Global grains trader Bunge is exploring alternative shipping routes and working with customers to minimize any disruptions caused due to the conflict in the Middle East, a company spokesperson told Reuters.While the company did not immediately provide details on any alternative routes…
Exxon Mobil is set to ship around 600,000 barrels of fuel from the U.S. Gulf Coast to cover its own import requirements in Australia, the first such shipments by the oil major, four sources with knowledge of the matter said.The planned shipments…
TII SCHEUERLE, a leading manufacturer and inventor of the Self Propelled Modular Transporter (SPMT), continues to strengthen the technological leadership of its flagship product. Building on previous technologies such as the telematics and fleet management system SCHEUERLE Connect…
Insurance companies are cancelling war risk coverage for vessels in the Gulf as the widening Iran conflict disrupted shipping, leaving at least four tankers damaged, two seafarers killed and 150 ships stranded around the Strait of Hormuz.Shipping through the strait between Iran and Oman…
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