Shipping
Articles

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...

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.

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...

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.

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.

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.

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.

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.
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.

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.

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.

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...