News

 Articles

View All
Container Spot Rates Surge as Carriers Layer Surcharges Ahead of Early Peak Season
News
May 14, 2026
From 
Mike Schuler
 via 
gCaptain

Container Spot Rates Surge as Carriers Layer Surcharges Ahead of Early Peak Season

Global container spot rates posted their sharpest weekly gain in months as carriers pushed through emergency surcharges and capacity cuts amid rising geopolitical disruption and signs of an early start...
UKMTO Warns Ship Seized Near Hormuz Is Being Taken Toward Iran
News
May 14, 2026
From 
Mike Schuler
 via 
gCaptain

UKMTO Warns Ship Seized Near Hormuz Is Being Taken Toward Iran

The UK Maritime Trade Operations (UKMTO) organization has issued a warning after receiving reports that a vessel was boarded by unauthorized personnel northeast of Fujairah, United Arab Emirates, amid continuing...
Second Japan-linked Oil Tanker Sails Via Strait of Hormuz as PM Asks Iran to Help Out
News
May 14, 2026
From 
Reuters
 via 
gCaptain

Second Japan-linked Oil Tanker Sails Via Strait of Hormuz as PM Asks Iran to Help Out

A Panama-flagged crude oil tanker managed by Japanese refining group Eneos 5020.T has passed through the Strait of Hormuz, ship-tracking data from LSEG showed on Thursday, the second instance of such a Japan-linked oil ship making it through.
China-Linked Supertanker Makes Rare Strait of Hormuz Transit Ahead of Trump-Xi Summit
News
May 13, 2026
From 
Reuters
 via 
gCaptain

China-Linked Supertanker Makes Rare Strait of Hormuz Transit Ahead of Trump-Xi Summit

A Chinese supertanker carrying two million barrels of Iraqi crude was attempting to sail through the Strait of Hormuz on Wednesday, according to LSEG and Kpler ship-tracking data.
IEA Warns Hormuz Crisis Could Trigger First Global Oil Demand Contraction Since Pandemic
News
May 13, 2026
From 
Mike Schuler
 via 
gCaptain

IEA Warns Hormuz Crisis Could Trigger First Global Oil Demand Contraction Since Pandemic

The International Energy Agency is warning that the ongoing disruption in the Strait of Hormuz is triggering one of the largest oil market shocks in modern history, with global oil demand now...
Trump Heads to Beijing as Iran Expands Control Over Strait of Hormuz
News
May 13, 2026
From 
Reuters
 via 
gCaptain

Trump Heads to Beijing as Iran Expands Control Over Strait of Hormuz

U.S. President Donald Trump has said he does not expect to need China's help to end the war in Iran and ease Tehran's grip on the Strait of Hormuz, in remarks made before he arrived in Beijing on Wednesday for a summit with President Xi Jinping.
Hapag-Lloyd Swings to Loss as Strait of Hormuz Chaos and Weather Delays Hit Shipping
News
May 13, 2026
From 
Mike Schuler
 via 
gCaptain

Hapag-Lloyd Swings to Loss as Strait of Hormuz Chaos and Weather Delays Hit Shipping

Container shipping giant Hapag-Lloyd reported a sharp deterioration in first-quarter earnings on Tuesday, blaming severe weather disruptions and the conflict in the Middle East for rising costs and weaker operational performance as...
OOCL Appeals $45 Million FMC Judgment in High-Stakes Pandemic Shipping Case
News
May 13, 2026
From 
The Loadstar
 via 
gCaptain

OOCL Appeals $45 Million FMC Judgment in High-Stakes Pandemic Shipping Case

Shippers will be watching with bated breath following OOCL’s decision to challenge the record $45m fine it was handed by the US Federal Maritime Commission (FMC).
Europe Swaps Russian Gas Dependence for U.S. LNG Reliance as Middle East Turmoil Tightens Squeeze
News
May 13, 2026
From 
Malte Humpert
 via 
gCaptain

Europe Swaps Russian Gas Dependence for U.S. LNG Reliance as Middle East Turmoil Tightens Squeeze

Europe’s rush to quit Russian pipeline gas has created a new energy vulnerability: growing dependence on U.S. liquefied natural gas, as war-linked supply disruptions in the Middle East push the continent deeper into reliance on seaborne fuel.
Chinese Supertanker Attempts Hormuz Passage, Data Show
News
May 13, 2026
From 
Reuters
 via 
gCaptain

Chinese Supertanker Attempts Hormuz Passage, Data Show

A Chinese supertanker carrying two million barrels of Iraqi crude was attempting to sail through the Strait of Hormuz on Wednesday, according to LSEG and Kpler ship-tracking data.
Iraq and Pakistan Strike Iran Transit Deals to Move Oil and LNG Through Hormuz
News
May 12, 2026
From 
Reuters
 via 
gCaptain

Iraq and Pakistan Strike Iran Transit Deals to Move Oil and LNG Through Hormuz

Both Iraq and Pakistan have cut deals with Iran to ship oil and liquefied natural gas from the Gulf, according to five sources with knowledge of the matter, in a demonstration of Tehran's ability to control energy flows through the Strait of Hormuz.
Maersk Keeping Strait of Hormuz Transits Suspended as Ceasefire Confidence Wavers
News
May 12, 2026
From 
Mike Schuler
 via 
gCaptain

Maersk Keeping Strait of Hormuz Transits Suspended as Ceasefire Confidence Wavers

A.P. Moller – Maersk said Tuesday it is continuing to avoid transits through the Strait of Hormuz amid uncertainty surrounding the fragile ceasefire between the United States and Iran, underscoring the...