Page 6 - Stena News Today

Some 10% of global seaborne oil trade and 8% of liquefied natural gas is shipped via the Suez Canal, with increased diversions now seen around the Cape of Good Hope

The decision by the U.S. and UK to hit back at Houthi militants after weeks of attacks on merchant shipping in the Red Sea has only escalated the chaos across the shipping industry, underscoring the threat of an enduring supply-chain crisis.

The U.S. and U.K.’s decision to hit back at Houthi militants has only escalated the chaos across the shipping industry, underscoring the threat of an enduring supply-chain crisis as vessels navigate the crucial trade route.

On Wednesday, a third commodity carrier in three days was struck, this time by a drone. Senior officials in the shipping industry privately acknowledge that many crew are now frightened at the prospect of transit.

 The global shipping industry is broadly following the warnings from the Combined Military Force, trade groups, and security consultants, all of which...

Recent events in the Red Sea have added fuel to the growing fears about a wider conflict breaking out across the Middle East.

 The successful RoPax E-Flexer class is being increased with the first vessel designed for operation in the Mediterranean ordered. The class is a uniq...

The top places to holiday around the world, from the majesty of Petra in Jordan to new sail and rail routes to France for the Olympics in Paris

 Stena Sessan, the investment arm of the Stena Group, is proposing to acquire the remaining shares of Concordia Maritime in a take-private transaction...

Running an electric car may seem like a cost-effective way of motoring in today’s era of soaring diesel and petrol prices, clean air charges and taxes. Yet there are some potential pitfalls to be aware of before you make the switch.