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Iran’s Oil Exports Soar as Israel Attack Prompts Cargo Clearout
News
June 18, 2025
From 
Bloomberg
 via 
gCaptain

Iran’s Oil Exports Soar as Israel Attack Prompts Cargo Clearout

Iran’s oil exports have jumped since the nation came under attack from Israel on Friday, according to a firm that specializes in monitoring clandestine shipping. The Islamic Republic exported an average of 2.33 million barrels a day since June 13, according to data from TankerTrackers.com. That’s an increase off 44% compared with the year through June 12. The lion’s share of that oil comes from Kharg Island, home to a cluster of storage tanks that are critical infrastructure for Iran.
EU Proposal to Ban Russian Gas Set for Heated Negotiations
News
June 17, 2025
From 
Bloomberg
 via 
gCaptain

EU Proposal to Ban Russian Gas Set for Heated Negotiations

The European Union’s proposed ban on all Russian gas by the end of 2027 sets the stage for heated debate, with some member states nervous it will boost energy prices and cost companies millions of euros in legal fees.
Two Oil Tankers Collide and Catch Fire Near Strait of Hormuz
News
June 17, 2025
From 
Reuters
 via 
gCaptain

Two Oil Tankers Collide and Catch Fire Near Strait of Hormuz

Two oil tankers collided and caught fire on Tuesday near the Strait of Hormuz, where electronic interference has surged during conflict between Iran and Israel, but there were no injuries to crew or spillage reported.
Norwegian Monarch Visits Polar Svalbard as Interest in Arctic Grows
News
June 16, 2025
From 
Reuters
 via 
gCaptain

Norwegian Monarch Visits Polar Svalbard as Interest in Arctic Grows

Norway's King Harald and Queen Sonja were visiting the main settlement on the strategically located Arctic archipelago of Svalbard on Monday, at a time of increased interest in the resource-rich polar region from the U.S., Russia and China.
Oil Shippers Pause Offers to Middle East as Conflict Intensifies
News
June 16, 2025
From 
Bloomberg
 via 
gCaptain

Oil Shippers Pause Offers to Middle East as Conflict Intensifies

Some oil tanker owners and managers have paused offering their vessels for Middle Eastern routes since Friday as they assess the risks from Israel’s conflict with Iran, fueling concerns over export flows from the region.
Portugal Leads Marine Protection With New Designated Area
News
June 15, 2025
From 
Reuters
 via 
gCaptain

Portugal Leads Marine Protection With New Designated Area

By Andrei Khalip and Simon Jessop LISBON, June 11 (Reuters) – Portugal said on Wednesday it was creating a new protected marine area around the Gorringe Ridge in the Atlantic Ocean that includes Western Europe’s tallest...
An Overview Of Iran’s Main Gas Field And Oil Infrastructure
News
June 15, 2025
From 
Reuters
 via 
gCaptain

An Overview Of Iran’s Main Gas Field And Oil Infrastructure

DOHA, June 15 (Reuters) – Israel struck an installation at Iran’s South Pars gas field on Saturday, the first attack on Iran’s oil and gas sector as part of what the Israeli...
Israel’s Strikes on Iran Jolt Tanker Markets, Freight Rates Soar
News
June 13, 2025
From 
Bloomberg
 via 
gCaptain

Israel’s Strikes on Iran Jolt Tanker Markets, Freight Rates Soar

Israel’s overnight airstrikes on Iran drove up freight rates and tanker stocks Friday as traders and investors priced in the prospect of disruption to a large swath of the global oil-shipping fleet.
Finnish Prosecutors Consider Charges Against Officers of Tanker ‘Eagle S’ Over Baltic Cable Damage
News
June 13, 2025
From 
Reuters
 via 
gCaptain

Finnish Prosecutors Consider Charges Against Officers of Tanker ‘Eagle S’ Over Baltic Cable Damage

Finnish prosecutors are considering pressing charges against three senior officers of an oil tanker suspected of damaging undersea power and telecommunications cables in the Baltic Sea in December, police and the prosecutor said on Friday.
Gulf Shipping on Edge as Israel Sets Nuclear Deal Deadline
News
June 12, 2025
From 
Mike Schuler
 via 
gCaptain

Gulf Shipping on Edge as Israel Sets Nuclear Deal Deadline

The Joint Maritime Information Center (JMIC) has issued an advisory about potential maritime security impacts in the Arabian Gulf, Strait of Hormuz, and Northern Arabian Sea after Israeli authorities reportedly...
Most G7 Members Ready to Lower Russian Oil Price Cap Without U.S.
News
June 12, 2025
From 
Reuters
 via 
gCaptain

Most G7 Members Ready to Lower Russian Oil Price Cap Without U.S.

Most countries in the Group of Seven nations are prepared to go it alone and lower the G7 price cap on Russian oil even if U.S. President Donald Trump decides to opt out, four sources familiar with the matter said.
Taiwan Jails Chinese Ship Captain for Damaging Undersea Cables
News
June 12, 2025
From 
Reuters
 via 
gCaptain

Taiwan Jails Chinese Ship Captain for Damaging Undersea Cables

A Taiwanese court sentenced the Chinese captain of a ship to three years in jail on Thursday after finding him guilty of intentionally damaging undersea cables off the island in February, in a case that alarmed Taiwan officials.