gCaptain – Maritime and Offshore News

By Rong Wei Neo (Bloomberg) — Singapore shipping tycoon Teo Siong Seng was accused by the US of colluding to raise dry-container prices, placing one of

Frontline plc, one of the world’s largest publicly traded operators of crude oil tankers, reported its strongest adjusted quarterly earnings in more than 20

Iran's publication of a new map asserting its control over the Strait of Hormuz risks extending an already punishing ordeal for thousands of mariners

South Korean shipbuilding giant HD Hyundai is expanding deeper into advanced nuclear energy after signing a framework agreement

The UAE's decision to leave OPEC was three years in the making and is based on its view the world is near the “autumn of the hydrocarbon age”, meaning the

Japan — one of Asia’s biggest importers of energy from the Middle East — flagged the impending arrival of the first Persian Gulf oil shipment to transit

The U.S. and Iran stuck to opposing stances on Thursday over Tehran's uranium stockpile and controls on the Strait of Hormuz, although U.S. Secretary of State

Panama President José Raúl Mulino announced Thursday that Ilya Espino de Marotta has been selected as the next administrator of the Panama Canal, making

Iran is discussing with Oman how to set up some form of a permanent toll system that will formalize its control of maritime traffic through the Strait of

U.S. House Foreign Affairs Committee Chairman Rep. Brian Mast has warned U.S. Secretary of State Marco Rubio of “Chinese malign influence” in a bid for

Traffic through the Panama Canal is climbing sharply as disruption in the Strait of Hormuz drives more U.S. energy exports toward Asia and Pacific markets,

The International Maritime Organization has adopted the world’s first international framework governing autonomous commercial ships, marking a major

Container freight rates continued their upward march this week as carriers pushed ahead with higher pricing on major East-West trade lanes amid signs that the

Saudi Arabia’s sovereign wealth fund is considering consolidating transport and supply-chain assets to create a logistics giant that can attract foreign

Full oil flows through the Strait of Hormuz will not return before the first or second quarter of 2027, even if the Middle East conflict ended now, the head of

Iran’s self-declared Persian Gulf Strait Authority (PGSA) has published what appears to be the clearest geographic definition yet of the maritime zone it

The tanker crew gathered their courage and carefully navigated along a route designated by Iran, hugging the coastline and maneuvering their hulking vessel

U.S. Marines boarded and redirected an Iranian-flagged oil tanker in the Gulf of Oman on Tuesday as Washington continued tightening enforcement of its maritime

Swiss engine designer WinGD has secured the maritime industry’s first confirmed order for ethanol-fuelled two-stroke engines powering ocean-going

A prolonged closure of the Strait of Hormuz could become the most severe global energy supply shock in decades, with oil prices potentially nearing $200 per

The global shipping industry has released sweeping new guidance for vessels transiting the Strait of Hormuz, warning that even if the waterway remains

The UK government has quietly loosened part of its Russia sanctions regime, issuing a new general trade licence that allows imports and related trade involving

A new crude oil pipeline that bypasses the Strait of Hormuz and which the United Arab Emirates began building last year is now 50% complete, the CEO of state

South Korea has preliminarily selected shipping company Panstar Line to operate the country’s first trial container voyage along Russia’s Northern Sea

A South Korean-flagged supertanker appears to be attempting to transit the Strait of Hormuz, which, if successful, would be the first crossing of such a vessel