Oil prices settled lower on Friday but notched their fourth straight weekly gain, as the latest U.S. sanctions on Russian ...

Iran is weaker and more vulnerable than it has been in decades, likely since its decadelong war with Iraq or even since the ...

Comments by Frontline Management's chief executive Lars Barstad reflect scepticism in shipping circles about improved safety ...

Israel and Hamas agree to a ceasefire, raising questions as to when major container lines will return to the Red Sea.

While the boats have been out of service for about three weeks, port personnel are slowly bringing tankers into harbor, ...

The MV Sounion carrying one million barrels of crude oil was struck in August and later sabotaged with explosives by the ...

An oil tanker that burned for weeks in the Red Sea and threatened a massive oil spill has been “successfully” salvaged.

Israel and its allies have escalated strikes against the Houthis, trying to force the Iran-backed group to stop firing on ...

Israeli warplanes bombed a power station and two ports in Houthi-controlled Yemen on Friday in retaliation for Houthi drone and missile strikes against Israel, and pro-Houthi media said at least one ...

The Greek-flagged, Sounion was first attacked on Aug. 21 with small arms, projectiles, and a drone boat by the Iran-backed ...

The recovery of the oil tanker Sounion, which was attacked and badly damaged by the Yemeni Houthi militia in the Red Sea last ...