Oil Shipping Costs Soar as Iran Conflict Chokes Hormuz
A venture that’s taken a dominant position in the global market for oil supertankers is asking for sky-high charter fees to deliver Middle East crude as the
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
A venture that’s taken a dominant position in the global market for oil supertankers is asking for sky-high charter fees to deliver Middle East crude as the
The world’s most vital energy artery is under siege. Following coordinated U.S. and Israeli strikes that killed Iran’s Supreme Leader Ayatollah Ali
Belgian forces have boarded and seized the shadow fleet tanker Ethera in the North Sea, escorting the vessel to the port of Zeebrugge in what officials
U.S. Central Command has confirmed the sinking of an Iranian Jamaran-class corvette at a pier in Chah Bahar during the opening hours of Operation Epic Fury,
There are moments when geopolitics feels distant from daily life. This is not one of them. By Paul Morgan (gCaptain) – With confirmed US–Israeli
Tankers Vessel tracking data show the magnitude in the amount of trade trying to safely navigate around the U.S./Israel strikes on Iran and Iran’s
The maritime security environment in the Middle East deteriorated sharply on Saturday following confirmed United States and Israeli strikes on Iran, with
A number of oil tankers are avoiding sailing through Hormuz shipping strait that links the oil-rich Persian Gulf to the open seas, with some shipowners taking
The Australian Maritime Safety Authority (AMSA) has wrapped up a 24-day emergency response after a disabled bulk carrier suffered engine failure in the Coral
U.S. Secretary of Energy Chris Wright signed an export authorization yesterday for a 12% expansion at Cheniere Energy’s Corpus Christi liquefied natural
Container freight spot rates on the major trades saw limited movement this week as supply chains in China slowly began to restart following the new year
The tanker Sea Horse carrying 200,000 barrels of Russian gas oil diverted from Cuba and is now drifting in the North Atlantic. The move worsens Cuba's fuel
The U.S. Department of Justice has filed a civil forfeiture complaint seeking to permanently seize the motor tanker Skipper and its roughly 1.8
Less than a month after restarting limited Red Sea transits, Maersk is once again rerouting select services around the Cape of Good Hope, underscoring how
A shipowner’s once-in-a-generation wager on oil tankers has made it so powerful that it controls an overwhelming majority of supertankers that can collect
The McMurdo Docking Pier has successfully arrived at McMurdo Station, the United States' research station in Antarctica, after completing a 9,159-nautical-mile
Russian and Iranian oil producers are slashing prices in a fierce competition for Chinese buyers after India cut imports by 40%. Nearly 48 million barrels of
Drewry World Container Index reveals global container shipping rates fell 1% to $1,899 per 40-foot container this week, marking the seventh consecutive weekly
One day after departing Alabama Shipyard, the hospital ship USNS Mercy is holding a steady southbound course through the central Gulf of Mexico — and AIS
A confrontation between Cuban Border Guard forces and a Florida-registered speedboat in Cuban territorial waters has left four people dead and six injured,
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up