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MSC Formalizes Tie-Up With Tanker Giant Sinokor After Massive VLCC Buying Spree
News
March 19, 2026
From 
Mike Schuler
 via 
gCaptain

MSC Formalizes Tie-Up With Tanker Giant Sinokor After Massive VLCC Buying Spree

Mediterranean Shipping Company is moving to take joint control of South Korea’s Sinokor Maritime, formalizing a relationship that has drawn growing attention across tanker markets. A March 11 competition filing...
G7 Allies Condemn Iran’s ‘De Facto Closure’ of Hormuz, Call for Immediate Halt to Attacks
News
March 19, 2026
From 
Mike Schuler
 via 
gCaptain

G7 Allies Condemn Iran’s ‘De Facto Closure’ of Hormuz, Call for Immediate Halt to Attacks

Leaders from the United Kingdom, France, Germany, Italy, the Netherlands, and Japan issued a joint statement Thursday condemning Iran’s recent actions in the Persian Gulf, warning that escalating attacks on...
CK Hutchison Says Still in Talks Over Ports Assets Sale
News
March 19, 2026
From 
Reuters
 via 
gCaptain

CK Hutchison Says Still in Talks Over Ports Assets Sale

CK Hutchison said on Thursday it remained in talks with a consortium to sell the majority of its ports business, a deal that has been overshadowed by a legal fight with the Panamanian authorities, as it posted a 7% rise in 2025 underlying profit.
Trump Blames Israel for South Pars Attack, Warns Iran of Massive Retaliation
News
March 18, 2026
From 
Mike Schuler
 via 
gCaptain

Trump Blames Israel for South Pars Attack, Warns Iran of Massive Retaliation

President Donald Trump on Wednesday warned of overwhelming U.S. retaliation against Iran if attacks on Qatar’s energy infrastructure continue, following a major escalation that has already disrupted global LNG markets. In a...
Qatar Reports Extensive Damage at World’s Largest LNG Plant
News
March 18, 2026
From 
Bloomberg
 via 
gCaptain

Qatar Reports Extensive Damage at World’s Largest LNG Plant

A Qatari complex housing the world’s largest liquefied natural gas export plant suffered “extensive damage” after a missile strike, hours after Iran threatened energy facilities across the Persian Gulf.
Trump Waives Jones Act for 60 Days—Shipping Interests Say It Won’t Help Lower Gas Prices
News
March 18, 2026
From 
Mike Schuler
 via 
gCaptain

Trump Waives Jones Act for 60 Days—Shipping Interests Say It Won’t Help Lower Gas Prices

The White House has approved a 60-day Jones Act waiver, moving forward with a controversial policy that U.S. shipping interests warned just days ago would do little to lower fuel...
Iran Gas Field Strike Marks Major Escalation as Tehran Threatens Gulf Energy Infrastructure
News
March 18, 2026
From 
Reuters
 via 
gCaptain

Iran Gas Field Strike Marks Major Escalation as Tehran Threatens Gulf Energy Infrastructure

Iran's huge Pars gas field was hit on Wednesday, a major escalation in the U.S.-Israeli war, prompting Tehran to announce it would respond with attacks on oil and gas targets throughout the Gulf.
The Hormuz Hypothesis – What If the U.S. Navy Isn’t in a Hurry to Reopen the Strait?
News
March 18, 2026
From 
John Konrad
 via 
gCaptain

The Hormuz Hypothesis – What If the U.S. Navy Isn’t in a Hurry to Reopen the Strait?

By Captain John Konrad (Opinion) – The Strait of Hormuz is twenty-one miles wide. Two shipping channels, each two miles across, separated by a two-mile buffer. There is no alternative....
OOCL Sunflower Reaches Long Beach After Losing Containers in Pacific Storm
News
March 18, 2026
From 
Mike Schuler
 via 
gCaptain

OOCL Sunflower Reaches Long Beach After Losing Containers in Pacific Storm

Ultra-large containership to undergo inspection after dozens of boxes lost and damaged in heavy weather.
Panama Canal Sees LNG Surge as Hormuz Disruption Reshapes Global Trade
News
March 18, 2026
From 
Lori Ann LaRocco
 via 
gCaptain

Panama Canal Sees LNG Surge as Hormuz Disruption Reshapes Global Trade

LNG bookings average one per day as Canal positions itself as key alternative for disrupted Middle East energy flows By Lori Ann LaRocco – LNG transits through the Panama Canal...
Washington Issues Broad Waiver Reopening Venezuela Oil Sector to U.S. Companies
News
March 18, 2026
From 
Reuters
 via 
gCaptain

Washington Issues Broad Waiver Reopening Venezuela Oil Sector to U.S. Companies

The U.S. issued a waiver on Wednesday broadly authorizing U.S. companies to do business with Venezuela's state-run oil company PDVSA, a key step that could secure investment and, in thelonger-term, increase the country's crude production capacity.
Trump Waives Jones Act for 60 Days—Shipping Interests Say It Won’t Help Lower Gas Prices
News
March 18, 2026
From 
Mike Schuler
 via 
gCaptain

Trump Waives Jones Act for 60 Days—Shipping Interests Say It Won’t Help Lower Gas Prices

The White House has approved a 60-day Jones Act waiver, moving forward with a controversial policy that U.S. shipping interests warned just days ago would do little to lower fuel...