The Group of Seven democracies have sought to crimp Russia’s oil export earnings that help fund the war against Ukraine.

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

Germany charged that a heavily loaded tanker adrift off its northern coast Friday was part of the "shadow fleet" Moscow uses to avoid sanctions on its oil exports.

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

German authorities told Newsweek that a towing connection to the ship had been established, and that the 24-strong crew was safe.

The traditional Greek shipping company has been highly active in recent years, placing newbuilding orders, acquiring modern ...

German rescue teams have managed to secure towing lines to a loaded oil tanker that lost the ability to manoeuvre in the Baltic Sea near the German island of Rügen, authorities said on Friday. The ...

India's newest LNG terminal receives first shipment. Find the latest news from the maritime industry on the PortNews website.

Value Maritime and ME2CC consortium partners announce Maritime Masterplan 2024 funding for carbon capture system on LNG ...

The real-time price of Brent crude oil is at $78.99 per barrel, and the price of WTI crude oil is at $75.66 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...