Shipping
Articles

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.

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.

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.

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.

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.

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.

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.

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.

From
Bloomberg
via
gCaptain
US Notches One of Its Biggest Annual Trade Gaps Since 1960
The U.S. trade deficit widened to $70.3 billion in December, pushing the full-year 2025 shortfall to $901.5 billion despite months of tariff-driven volatility. Imports rose 3.6% while exports slipped 1.7%, with swings in gold, pharmaceuticals, and computer equipment distorting monthly figures.

From
Bloomberg
via
gCaptain
Tariffs Caused Just Small China Trade Diversion, ECB Study Shows
Donald Trump’s trade levies aren’t the main reason why China is exporting more to other parts of the world, a European Central Bank study showed.

From
Reuters
via
gCaptain
Russia’s Lavrov Tells Cuban Minister the US Should Negotiate and Not do a Naval Blockade
Russian Foreign Minister Sergei Lavrov told his Cuban counterpart Bruno Rodriguez on Wednesday that Moscow was urging the U.S. not to impose a full naval blockade on the communist-run island and was advocating negotiations instead.

From
Bloomberg
via
gCaptain
Iciest Baltic in 15 Years Threatens to Cut Russian Exports
The most extensive sea ice in 15 years around Russia’s key Baltic Sea commodity ports could curb a chunk of the nation’s vast exports program because of a shortage of vessels that can cope with the conditions.