The collapse of the Francis Scott Key Bridge in Baltimore is causing concern for global trade and industry. The chartered ship ...

BP and the United Arab Emirates state-owned ADNOC intended to buy a 50% stake in the Israeli oil and gas exploration and produc...

Shell halts Red Sea shipments due to mounting security concerns amid increasing frequency of attacks by Yemen's Houthi rebe...

The Red Sea remains under the shadow of escalating tensions, with two recent incidents of Houthi strikes on ships.

WTI crude oil prices surpassed $73 per barrel — a rally directly tied to escalating tensions in the Red Sea.

Escalating disruptions in the Red Sea by Yemen-based Houthi rebels has caused a significant shift in global trade patterns, wit...

Many marine shipping companies have been reporting a solid year earnings-wise.