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Will Trump’s Iran Strikes Break the Global Oil Market?
News
February 28, 2026
From 
Reuters
 via 
gCaptain

Will Trump’s Iran Strikes Break the Global Oil Market?

U.S.-Israeli strikes on Iran and Tehran's retaliatory attacks across the Persian Gulf are disrupting oil exports from a region that supplies 20% of global demand. Oil majors have suspended Strait of Hormuz shipments as tanker operators assess security risks.
Major US Navy Base in Bahrain Hit By Iran
News
February 28, 2026
From 
John Konrad
 via 
gCaptain

Major US Navy Base in Bahrain Hit By Iran

Iranian missiles struck the U.S. Navy's Fifth Fleet headquarters in Bahrain on Saturday after the U.S. and Israel launched a major attack on Iran, triggering retaliatory strikes across the Middle East and forcing American military families into shelters.
U.S. Navy Declares Maritime Warning Zone Across Persian Gulf
News
February 28, 2026
From 
John Konrad
 via 
gCaptain

U.S. Navy Declares Maritime Warning Zone Across Persian Gulf

The U.S. Navy declared a maritime warning zone across the Persian Gulf after strikes on Iran prompted retaliation, with oil majors suspending shipments through the Strait of Hormuz as the conflict threatens 21 million barrels of daily oil flow.
Houthis Signal Renewed Red Sea Shipping Attacks After U.S.–Israeli Strikes on Iran
News
February 28, 2026
From 
Paul Morgan
 via 
gCaptain

Houthis Signal Renewed Red Sea Shipping Attacks After U.S.–Israeli Strikes on Iran

The maritime security environment in the Middle East deteriorated sharply on Saturday following confirmed United States and Israeli strikes on Iran, with Yemen’s Houthi movement signalling that it intends to...
Hormuz Traffic Slows After Strike On Iran
News
February 28, 2026
From 
Bloomberg
 via 
gCaptain

Hormuz Traffic Slows After Strike On Iran

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 a caution-first approach to the narrow waterway after the US and Israel bombed Iran.
Australia Concludes 24-Day Operation to Protect Great Barrier Reef from Disabled Bulk Carrier
News
February 28, 2026
From 
Mike Schuler
 via 
gCaptain

Australia Concludes 24-Day Operation to Protect Great Barrier Reef from Disabled Bulk Carrier

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 Sea, triggering a complex operation to keep the...
Corpus Christi Expansion Cements U.S. Position as Global LNG Export Leader
News
February 27, 2026
From 
Mike Schuler
 via 
gCaptain

Corpus Christi Expansion Cements U.S. Position as Global LNG Export Leader

U.S. Secretary of Energy Chris Wright signed an export authorization yesterday for a 12% expansion at Cheniere Energy’s Corpus Christi liquefied natural gas terminal, underscoring America’s continued dominance in global...
Freight Rates Stall After Lunar New Year as Carriers Eye Blank Sailings
News
February 27, 2026
From 
The Loadstar
 via 
gCaptain

Freight Rates Stall After Lunar New Year as Carriers Eye Blank Sailings

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 holiday.
France Says ‘Ridiculous Provocation’ if Russia Behind Drone Near Charles de Gaulle Carrier
News
February 27, 2026
From 
Reuters
 via 
gCaptain

France Says ‘Ridiculous Provocation’ if Russia Behind Drone Near Charles de Gaulle Carrier

Sweden shot down an unidentified drone near France's Charles de Gaulle aircraft carrier docked in Malmo. French Foreign Minister calls it a "ridiculous provocation" if Russia is behind the incident, marking the latest drone activity near NATO assets.
U.S. Moves to Permanently Seize Sanctioned Tanker ‘Skipper’ and $150M Oil Cargo
News
February 27, 2026
From 
Mike Schuler
 via 
gCaptain

U.S. Moves to Permanently Seize Sanctioned Tanker ‘Skipper’ and $150M Oil Cargo

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 million-barrel cargo of Venezuelan crude, marking the latest move in Washington’s expanding crackdown on oil shipments tied to Iran and Venezuela’s shadow fleet networks.
Red Sea Comeback Falters as Maersk Diverts Ships Back Around Cape
News
February 27, 2026
From 
Mike Schuler
 via 
gCaptain

Red Sea Comeback Falters as Maersk Diverts Ships Back Around Cape

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 fragile the industry’s return to the Suez corridor remains.
Huge Supertanker Bet Keeps Growing With US Gulf Locked Up
News
February 27, 2026
From 
Bloomberg
 via 
gCaptain

Huge Supertanker Bet Keeps Growing With US Gulf Locked Up

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 American oil next month.