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ABS and HD Hyundai Launch Nuclear-Powered Mega Containership Study
Shipping
March 9, 2026
From 
Mike Schuler
 via 
gCaptain

ABS and HD Hyundai Launch Nuclear-Powered Mega Containership Study

The push to bring nuclear energy back into commercial shipping is gaining momentum as the American Bureau of Shipping (ABS) and South Korea’s HD Hyundai shipbuilding group launch a new effort to study nuclear-powered...
Greek Oil Tanker Exits Strait of Hormuz With Its Signal Off
Shipping
March 9, 2026
From 
Bloomberg
 via 
gCaptain

Greek Oil Tanker Exits Strait of Hormuz With Its Signal Off

A ship hauling a million barrels of Saudi crude sailed through the Strait of Hormuz in recent days, one of the first big tankers to leave the Persian Gulf since traffic through the chokepoint all but halted.
Second Bulk Carrier Claiming To Be Chinese Passes Through Hormuz
Shipping
March 7, 2026
From 
Bloomberg
 via 
gCaptain

Second Bulk Carrier Claiming To Be Chinese Passes Through Hormuz

By Serene Cheong Mar 7, 2026 (Bloomberg) –Another bulk carrier signaled it was Chinese-owned as it sailed through the Strait of Hormuz, the narrow waterway at the mouth of the Persian...
Russian ‘Shadow Fleet’ LNG Tankers Reroute After Blast Sinks ‘Arctic Metagaz’ in Mediterranean
Shipping
March 5, 2026
From 
Malte Humpert
 via 
gCaptain

Russian ‘Shadow Fleet’ LNG Tankers Reroute After Blast Sinks ‘Arctic Metagaz’ in Mediterranean

Russia’s sanctioned Arctic LNG 2 export network is showing early signs of disruption after an explosion sank one of its shadow fleet carriers in the Mediterranean this week, forcing other tankers to halt or reroute and raising new questions about the security of a key shipping corridor.
France, Italy, Greece to Help Ensure Red Sea Shipping Transit
Shipping
March 5, 2026
From 
Bloomberg
 via 
gCaptain

France, Italy, Greece to Help Ensure Red Sea Shipping Transit

France has reached out to the governments of Italy and Greece to coordinate efforts in the Eastern Mediterranean as tensions over the war in Iran flare, a person close to French President Emmanuel Macron said.
Trump’s Hormuz Assurances Only a Partial Fix, Shippers Say
Shipping
March 4, 2026
From 
Bloomberg
 via 
gCaptain

Trump’s Hormuz Assurances Only a Partial Fix, Shippers Say

President Donald Trump says the US will ensure the free flow of energy through the Persian Gulf with insurance guarantees and even naval escorts. But the shipping industry sees it — at best — as only a partial solution to a historic crisis.
China Calls on All Sides to Protect Ships Transiting Hormuz
Shipping
March 3, 2026
From 
Bloomberg
 via 
gCaptain

China Calls on All Sides to Protect Ships Transiting Hormuz

China has called on all sides of the Iran war to ensure the safe passage of ships through the Strait of Hormuz, the most direct call to date from the Islamic Republic’s top economic partner for continued trade through the waterway.
Oil Shipping Costs Soar as Iran Conflict Chokes Hormuz
Shipping
March 2, 2026
From 
Bloomberg
 via 
gCaptain

Oil Shipping Costs Soar as Iran Conflict Chokes Hormuz

A venture that’s taken a dominant position in the global market for oil supertankers is asking for sky-high charter fees to deliver Middle East crude as the Iran war sends rates spiraling upward.
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
Shipping
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...