News

 Articles

View All
Fire-Damaged LNG Tanker Arctic Metagaz Could Reach Libyan Coast Within Days, Officials Warn
News
March 20, 2026
From 
Reuters
 via 
gCaptain

Fire-Damaged LNG Tanker Arctic Metagaz Could Reach Libyan Coast Within Days, Officials Warn

A damaged Russian LNG tanker that has been drifting unmanned in the Mediterranean for more than two weeks, risking a major ecological disaster, is four to six days from Libya’s shores, an Italian official said on Friday.
Seafarers Trapped By Hormuz Crisis Face Growing Humanitarian Emergency
News
March 20, 2026
From 
Mike Schuler
 via 
gCaptain

Seafarers Trapped By Hormuz Crisis Face Growing Humanitarian Emergency

A mounting humanitarian crisis is unfolding at sea as tens of thousands of seafarers remain trapped aboard vessels across the Persian Gulf, Gulf of Oman, and Arabian Sea, with reports...
France Boards Tanker it Says Is Linked to Russian Shadow Fleet in Mediterranean
News
March 20, 2026
From 
Reuters
 via 
gCaptain

France Boards Tanker it Says Is Linked to Russian Shadow Fleet in Mediterranean

The French Navy seized an oil tanker on Friday in the Western Mediterranean that President Emmanuel Macron said belonged to Russia's shadow fleet, a network of vessels that enables Moscow to export oil despite Western sanctions.
France Boards Another ‘Shadow Fleet’ Tanker as Macron Escalates Maritime Crackdown
News
March 20, 2026
From 
Mike Schuler
 via 
gCaptain

France Boards Another ‘Shadow Fleet’ Tanker as Macron Escalates Maritime Crackdown

French naval forces with the support of the UK have intercepted and boarded another vessel tied to Russia’s so-called shadow fleet in the Mediterranean, signaling that Europe’s shift toward direct...
Trump’s Greenland Hospital Ship Arrives at West Coast Shipyard as Humanitarian Mission Narrative Fades
News
March 19, 2026
From 
Mike Schuler
 via 
gCaptain

Trump’s Greenland Hospital Ship Arrives at West Coast Shipyard as Humanitarian Mission Narrative Fades

The U.S. Navy hospital ship USNS Mercy has arrived in Portland, Oregon, on Thursday according to the latest Automatic Identification System (AIS) data, effectively confirming the vessel’s long-anticipated destination following weeks of speculation tied to a proposed Greenland deployment.
Tanker Markets Break Loose as Physical Barrels Vanish from Global Trade
News
March 19, 2026
From 
Reuters
 via 
gCaptain

Tanker Markets Break Loose as Physical Barrels Vanish from Global Trade

Surging oil prices in physical markets - the trading place for oil on ships, rail cars or in storage tanks - have outpaced the already dizzying increases in benchmark futures markets, as refiners and traders across Asia and Europe are snapping up whatever barrels they can secure to plug the enormous supply gap caused by the U.S.-Israeli war on Iran.
‘Inaction Is Not an Option’: UN Shipping Body Condemns Hormuz Attacks as Crisis Deepens
News
March 19, 2026
From 
Mike Schuler
 via 
gCaptain

‘Inaction Is Not an Option’: UN Shipping Body Condemns Hormuz Attacks as Crisis Deepens

The International Maritime Organization (IMO) has issued a forceful condemnation of attacks on commercial shipping in the Middle East, warning that the situation in the Strait of Hormuz poses a “grave...
Trump Administration Shuts Down Export Ban Rumors as Trump Moves to Cool Oil Prices
News
March 19, 2026
From 
Mike Schuler
 via 
gCaptain

Trump Administration Shuts Down Export Ban Rumors as Trump Moves to Cool Oil Prices

U.S. Energy Secretary Chris Wright and Interior Secretary Doug Burgum moved swiftly to quash speculation that Washington could restrict energy exports, issuing coordinated statements reaffirming that no such policy is under consideration—even as the Middle East crisis sends shockwaves through global energy markets.
WTO Warns Middle East Conflict Could Cut Global Trade Growth as Energy, Shipping Risks Mount
News
March 19, 2026
From 
Mike Schuler
 via 
gCaptain

WTO Warns Middle East Conflict Could Cut Global Trade Growth as Energy, Shipping Risks Mount

The World Trade Organization is warning that global trade growth will slow sharply in 2026—and could weaken further if elevated energy prices tied to the Middle East conflict persist.
Second Strike? Safeen Prestige Reported Burning Near Hormuz
News
March 19, 2026
From 
Mike Schuler
 via 
gCaptain

Second Strike? Safeen Prestige Reported Burning Near Hormuz

A containership already at the center of one of the deadliest incidents in the Strait of Hormuz crisis may have been struck again, with early reports indicating the vessel is now burning following a possible overnight attack.
Iran Attack Wipes Out 17% of Qatar’s LNG Capacity for up to Five Years
News
March 19, 2026
From 
Reuters
 via 
gCaptain

Iran Attack Wipes Out 17% of Qatar’s LNG Capacity for up to Five Years

Iranian attacks have knocked out 17% of Qatar's liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in lost annual revenue and threatening supplies to Europe and Asia, QatarEnergy's CEO told Reuters on Thursday.
Container Spot Rates Edge Higher: Transpacific Leads Gains, Hormuz Crisis Pushes Costs Higher
News
March 19, 2026
From 
Mike Schuler
 via 
gCaptain

Container Spot Rates Edge Higher: Transpacific Leads Gains, Hormuz Crisis Pushes Costs Higher

The Drewry World Container Index (WCI) rose 2% this week to $2,172 per 40-foot container, marking a third consecutive weekly increase as strength on Transpacific routes continues to support the...