Trump Strikes Diesel Deal With Putin to Lower Fuel Prices Ahead of Midterms
President Donald Trump said Friday that Russia has agreed to release millions of tons of diesel fuel into U.S. and global markets following a telephone call
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
President Donald Trump said Friday that Russia has agreed to release millions of tons of diesel fuel into U.S. and global markets following a telephone call
The past fortnight has delivered a clear reminder that the industry’s regulatory problem is no longer a shortage of rules. It is the widening distance
For a sign of just how extraordinary oil shipping costs have become, consider this: It’s now more expensive to hire a tanker from the US to China than to
A commercial vessel was struck by a projectile in the Persian Gulf on Friday, sparking a fire onboard in the second reported attack on shipping inside the Gulf
A new study from the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping finds that ethanol could become a practical alternative fuel for ships,
(Bloomberg) — Saudi Arabia is in talks with customers to offer oil loadings next year outside the Strait of Hormuz in long-term contracts, formalizing a
The United States on Thursday imposed sanctions on 22 tankers and dozens of individuals and companies linked to Iran’s oil trade, expanding its campaign
(Bloomberg) — Supertankers are racing to the Middle East to cash in on soaring fees for carrying oil through the Strait of Hormuz, exacerbating a global
A chemical tanker was struck by multiple projectiles off the coast of Qatar on Wednesday, with casualties reported among its crew, in the latest attack on
The United Kingdom on Thursday sanctioned 12 oil tankers it identified as part of Russia's shadow fleet, including the 22-year-old Dakar that is currently
Today's trade flows resemble a windy waterpark slide more than the traditional waterway superhighway. The three-dimensional chess game being played by ocean
A 22-year-old product tanker sanctioned by the European Union is making an unusual late-season voyage along Russia's Northern Sea Route, highlighting the
Maritime traffic through the Strait of Magellan jumped more than 70% both in August and September from year-ago levels as ships diverted from the
China has completed the first season of regular weekly container shipping between China and Europe via the Northern Sea Route, with the operator completing all
Iran’s offshore crude stockpile in Southeast Asia is being rapidly depleted as the U.S. maritime blockade prevents fresh barrels from leaving the Persian
Gulf oil flows excluding Iran surged to over 81% of pre-war levels in September, data showed, led by a recovery in Saudi exports despite attacks on the
The Panama Canal is expanding its long-term transit reservation program to the Panamax locks for the first time, giving more shipping customers the ability to
Five seafarers were killed during the rescue of a hijacked ship off Somalia last week, prompting International Maritime Organization Secretary-General Arsenio
Twelve seafarers were injured after a Panama-flagged oil tanker was struck by a projectile while transiting the Strait of Hormuz, according to India’s
UK Maritime Trade Operations reported five separate incidents involving commercial shipping in or near the Strait of Hormuz on Monday, including four tanker
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