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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.
US Notches One of Its Biggest Annual Trade Gaps Since 1960
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February 19, 2026
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.
Tariffs Caused Just Small China Trade Diversion, ECB Study Shows
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February 18, 2026
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.
Russia’s Lavrov Tells Cuban Minister the US Should Negotiate and Not do a Naval Blockade
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February 18, 2026
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.
Iciest Baltic in 15 Years Threatens to Cut Russian Exports
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February 17, 2026
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.