India’s Crude Oil Imports from Russia Surge 1000%
India now sources 40% of its crude oil imports from Russia, with year-to-date volumes averaging 1.6 million barrels per day (mbpd), according to BIMCO. This
Mike Schuler is the Managing Editor of gCaptain, where he has led editorial operations since June 2008. He oversees daily news coverage on global shipping, maritime security, offshore energy, and industry policy, and has built a reputation for delivering timely and insightful maritime news—often breaking key stories that influence industry discussions. Mike holds a Bachelor of Science in Business Administration with a focus on Financial Management from The Catholic University of America, and a certificate in Data Analytics and Visualization from the University of Arizona. Before joining gCaptain, he held positions at Intrawest Hospitality Management and Union Beer Distributors. His expertise spans supply chain and logistics, energy policy, global trade dynamics, and maritime security. Mike's reporting is known for its clarity, accuracy, and ability to explain complex maritime topics to broad audiences.
India now sources 40% of its crude oil imports from Russia, with year-to-date volumes averaging 1.6 million barrels per day (mbpd), according to BIMCO. This
Descartes Systems Group’s August Global Shipping Report reveals a significant increase in U.S. container imports for July 2024, marking the third-highest
Mediterranean Shipping Company (MSC) has reached an unprecedented market share of 19.8%, the highest ever recorded by a carrier, according to Alphaliner. The
Maersk is advancing its fleet renewal program by ordering and chartering 800,000 TEU of dual-fuel containerships as it seeks to keep its “competitive
Höegh Autoliners has launched the first Aurora Class pure car and truck carrier (PCTC), Höegh Aurora, at China Merchants Heavy Industry’s yard in Jiangsu,
Tidewater Inc. (NYSE: TDW), a leading global provider of offshore service vessels (OSVs), reported strong financial results for Q2 2024, with a revenue of
The Port of Virginia’s newly expanded central rail yard is now fully operational, significantly enhancing the port’s rail capacity to handle 2
Inadequate operating company guidance on underkeel clearance led to the grounding of a bulk carrier in Lake Huron in April 2023, the National Transportation
Salvage operations on the Panama-registered cargo vessel MV Ultra Galaxy are set to resume this week following a period of stormy winter weather that hit South
Sweden-based offshore shipowner Viking Supply Ships AB has announced plans to outsource the management of its six anchor handling tug supply (AHTS) tugs to the
The three remaining Filipino seafarers from the Portuguese-flagged MSC Aries, which was seized by Iranian authorities in April while transiting the Strait of
The Panama Canal Authority (ACP) has increased the number of daily transits and maximum draft of the expanded neopanamax locks, bringing the waterway one step
The International Longshoremen’s Association (ILA) has scheduled Wage Scale Committee Meetings for earlier next month in New Jersey to review demands to
Mitsui O.S.K. Lines, Ltd. (MOL) has achieved a significant milestone by receiving approval in principle (AiP) from classification society ClassNK for the
The Philippines’ Department of Migrant Workers (DMW) has reported ongoing efforts to secure the release of 17 Filipino crew members of the MV Galaxy Leader,
Norwegian shipbuilder Vard has signed a contract with Wind Energy Construction AS to design and construct an advanced Energy Construction Vessel (ECV), with an
Crowley and SEACOR Holdings, through its subsidiary Seabulk Tankers, have successfully launched Fairwater Holdings, a new U.S. company combining the tanker
Report finds meeting annual global green hydrogen demand would require over 400 new hydrogen ships. The International Chamber of Shipping (ICS) released a
NOAA-supported scientists reported that this year’s Gulf of Mexico dead zone, an area of low oxygen harmful to marine life, is approximately 6,705 square
Maersk has raised its financial guidance for the third time in as many months due to ongoing Houthi attacks on shipping in the Red Sea, which are forcing ships
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up