The Sounion, which was struck on August 21 in Red Sea laden with about one million barrels of crude oil, was towed without an ...

Yemen’s Houthis are still harassing shipping and lobbing increasingly advanced missiles at the Israelis to support the ...

Sources, speaking anonymously, noted additional war risk premiums have surged to 2% from 0.7% of vessel value since September, following the attack on the Greek-operated Sounion tanker. Louise Nevill, ...

The cost of insuring a ship through the Red Sea has more than doubled since the start of September and some underwriters are ...

The marine market is challenged by global warfare, supply chain breakdown and the complicated energy transition.

Satellite imagery obtained by Business Insider captures the difficult mission to rescue an oil tanker stranded in the Red Sea ...

The marine war market is bracing for a potentially sizeable claim stemming from a $130mn dredger detained at a port in Mexico ...

DUBAI, United Arab Emirates (AP) — Yemen's Houthi rebels shot down two American MQ-9 Reaper drones in under a week, the ...

A massive oil spill in the Red Sea has been successfully averted thanks to European naval forces.  The impending oil spill ...

Had the vessel broken up or exploded, it could have caused an oil spill four times larger than that caused by the Exxon ...

The delicate rescue mission aimed to head off a major environmental disaster after the oil tanker was attacked by Houthi ...

DUBAI, United Arab Emirates (AP) — The European Union's top diplomat warned Tuesday that every day that passes without a ...