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Tankers Diverting Strait of Hormuz Region as U.S./ Israel Strikes on Iran Intensify
Shipping
February 28, 2026
From 
Lori Ann LaRocco
 via 
gCaptain

Tankers Diverting Strait of Hormuz Region as U.S./ Israel Strikes on Iran Intensify

Tankers Vessel tracking data show the magnitude in the amount of trade trying to safely navigate around the U.S./Israel strikes on Iran and Iran’s retaliation.
Russian Oil Tanker Diverts From Cuba as Trump Naval Blockade Deters Shipments
Shipping
February 27, 2026
From 
Bloomberg
 via 
gCaptain

Russian Oil Tanker Diverts From Cuba as Trump Naval Blockade Deters Shipments

The tanker Sea Horse carrying 200,000 barrels of Russian gas oil diverted from Cuba and is now drifting in the North Atlantic. The move worsens Cuba's fuel crisis as Trump's Caribbean naval blockade deters shipments to the island.
Russia and Iran Launch Oil Price War for Chinese Buyers as India Retreats
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February 26, 2026
From 
Bloomberg
 via 
gCaptain

Russia and Iran Launch Oil Price War for Chinese Buyers as India Retreats

Russian and Iranian oil producers are slashing prices in a fierce competition for Chinese buyers after India cut imports by 40%. Nearly 48 million barrels of Iranian crude now sit stranded at sea as China's independent refiners reach capacity limits.
Container Spot Rates Extend Losing Streak Despite Factory Reopenings
Shipping
February 26, 2026
From 
Mike Schuler
 via 
gCaptain

Container Spot Rates Extend Losing Streak Despite Factory Reopenings

Drewry World Container Index reveals global container shipping rates fell 1% to $1,899 per 40-foot container this week, marking the seventh consecutive weekly decline as the traditional pre-Lunar New Year...
Bahri Charters Five Supertankers as Rates Approach $200K/Day
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February 25, 2026
From 
Bloomberg
 via 
gCaptain

Bahri Charters Five Supertankers as Rates Approach $200K/Day

Saudi Arabia's National Shipping Co. (Bahri) provisionally hired at least five supertankers as freight rates approach $200,000 per day, the highest since 2020. The bookings signal rising Saudi crude exports to Asia amid geopolitical tensions in the Strait of Hormuz.
Venezuela Readies Larger Oil Cargoes for Export, Targets India
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February 24, 2026
From 
Reuters
 via 
gCaptain

Venezuela Readies Larger Oil Cargoes for Export, Targets India

Trading houses and buyers of Venezuelan oil have chartered the first very large crude carriers (VLCCs) to export from the South American country since a Caracas-Washington supply deal began, which is set to speed up shipments starting in March while boosting deliveries to India, according to four sources and data.
First Indian Diesel Cargo Arrives in Europe After New Russian Sanctions Take Effect
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February 23, 2026
From 
Bloomberg
 via 
gCaptain

First Indian Diesel Cargo Arrives in Europe After New Russian Sanctions Take Effect

The Proteus Bohemia carrying 100,000 tons of diesel from India's Reliance facility has arrived in Rotterdam, the first such cargo since EU sanctions on Russian-sourced fuel took effect Jan. 21, testing trader confidence in the new rules.
Fin Whale Ship Strikes Surge In Chilean Waters
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February 22, 2026
From 
Reuters
 via 
gCaptain

Fin Whale Ship Strikes Surge In Chilean Waters

Fin whales feeding in Chile's northern bays face escalating threats from ship collisions and fishing nets, making the region a global hotspot for whale strandings. Marine experts warn the deaths threaten climate-critical species.
Surging Oil Tanker Rates Tipped to Go Even Higher on Iran Risk
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February 20, 2026
From 
Bloomberg
 via 
gCaptain

Surging Oil Tanker Rates Tipped to Go Even Higher on Iran Risk

The cost to hire oil supertankers could be headed for the highest levels this decade on the growing risk of a major US attack on Iran, and as ownership of the vessels becomes more concentrated.
China Snaps Up Distressed Russian Oil Cargoes Shunned by India
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February 20, 2026
From 
Bloomberg
 via 
gCaptain

China Snaps Up Distressed Russian Oil Cargoes Shunned by India

Chinese refiners are snapping up Russian oil that India is shunning, helping Moscow to overcome a dip in purchases by the country that’s normally its biggest buyer of seaborne barrels.
India Grants One-Month Extension to Russian Marine Insurers
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February 20, 2026
From 
Bloomberg
 via 
gCaptain

India Grants One-Month Extension to Russian Marine Insurers

India temporarily extended permission for four Russian insurers to cover tankers calling at its ports, as the government seeks to sustain crude imports while also managing US pressure to end shipments from Moscow.
Denmark Hold Iran-Flagged Containership Over Registration Concerns
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February 19, 2026
From 
Reuters
 via 
gCaptain

Denmark Hold Iran-Flagged Containership Over Registration Concerns

Denmark's maritime authority said on Thursday it had detained an Iran-flagged container vessel anchored in the Nordic country's waters on the grounds that it was not properly registered.