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…
A Ukrainian drone attack caused a major fire at a Russian oil refinery in the city of Tuapse on Tuesday, officials said, in what President Vladimir Putin described as evidence of increased Ukrainian attacks on civilian targets.It was the third attack on the Black Sea port in less than two weeks…
President Donald Trump granted a 90-day extension to a shipping waiver that makes it easier to move oil, fuel and fertilizer around the United States, the White House said on Friday, the latest effort to curb rising energy costs linked to the war with Iran…
A fire at Russia's Black Sea port of Tuapse has been extinguished, local authorities said on Friday, days after it broke out following a Ukrainian drone attack on April 20.'The fire at the maritime terminal in Tuapse has been completely extinguished…
The U.S. military on Monday detailed the boundaries of its Strait of Hormuz blockade, saying it would extend east to the Gulf of Oman and Arabian Sea, while ship-tracking data showed two ships turned around in the strait as the blockade went into effect…
'By the end of the first quarter of 2026, the global shipping order book hit a 17-year high, reaching 191m Compensated Gross Tonnes (CGT). This is equivalent to 17% of the global fleet, the highest ratio since 2011. The order book has been boosted…
For much of its modern history, shipping has relied on experience, instinct and relationships as much as data. Decisions were – and in many cases still are – informed by spreadsheets, phone calls, intuition and experience built over decades…
Rising temperatures and humidity are increasingly compromising cargo integrity during transit, making prevention essential for operational resilience.Climate change is no longer a distant concern for shipping. Across Southeast Asia, rising temperatures and humidity…
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…
