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Zelensky arrives in Istanbul for Erdogan talks

Ukrainian President Volodymyr Zelensky said he arrived in Istanbul with his team ahead of talks with Turkish President Recep Tayyip Erdogan, with Black Sea shipping among the issues on the agenda.

Azernews Порты и суда
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Suezmax Tanker sales surge 35% amid high VLCC demand

A strong VLCC market this year is boosting Suezmax Tanker demand. Suezmax sales activity has picked up considerably in recent months, with sales so far this year up 35%, reaching 124 sales compared to 92 sales over the same period last year. Buyers have continued to transact even as values have climbed, pointing to st…

Hellenic Shipping News Порты и суда
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How MARAD Cut Years Off Deepwater Port Reviews Without Changing Environmental Standards

As gCaptain reported earlier this week, the Maritime Administration (MARAD) announced its approval of the $8.2 billion Texas ST LNG export port application, a major development for U.S. energy production. But the announcement also highlighted another significant milestone: the fastest deepwater port license review in …

gCaptain Порты и суда
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Grimaldi Warns U.S. Port Fees Could Force Ships Out of American Trades

Italian shipping giant Grimaldi Group is warning that reinstating U.S. port fees on foreign-built vehicle carriers could force it to redeploy vessels away from American trades, potentially disrupting shipping services...

gCaptain Порты и суда
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Tanker in Strait of Hormuz Hit by Limpet Mines, Security Sources Say

A small boat attached two limpet mines to the hull of a tanker in the Strait of Hormuz causing a fire in its engine room and temporarily disabling the vessel, in the first successful use of such explosives in the waterway since the US war with Iran began in February, maritime sources said on Friday.

gCaptain Порты и суда
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Oil prices continue climbing amid escalating Middle East tensions

Oil prices on global markets are heading for a fourth consecutive monthly gain amid attacks in Saudi Arabia and rising tensions around the Strait of Hormuz. According to the information, forecasts suggest that Brent crude will end the month up approximately...

Azernews Аналитика
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Oil majors count the cost of runaway tanker rates

Soaring tanker freight rates are taking an increasingly heavy toll on the world’s oil majors, with the latest quarterly results revealing billions of dollars in additional shipping-related liabilities, squeezed refining margins and losses on trading positions. Shell has disclosed a $5.4bn non-cash increase in its ship…

Splash247 Maritime Порты и суда
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Dry Bulk Shipping: Escalating attacks on ships heighten uncertainty

“Geopolitical disruptions continue to cloud the dry bulk market outlook. The effective closure of the Strait of Hormuz remains the largest source of uncertainty, while attacks on ships and port infrastructure in the Black Sea have added another layer of risk,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO. T…

Hellenic Shipping News Порты и суда
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Spanish MEP: Rail crash not linked to underinvestment

Domenec Ruiz, a Member of the European Parliament for Spain and member of the ruling Spanish Socialist Workers' Party (PSOE), said on Thursday that the recent train disaster in Toledo was "not necessarily connected to a general lack of investment" in the country's railway network.

Azernews Железные дороги
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Greek Containership Sunk by Naval Drones Off Bulgaria as Black Sea Attacks Escalate

A Greek container ship has sunk after being hit by naval drones off Bulgaria on Wednesday, the Bulgarian government said, in the latest of a series of strikes in the western Black Sea this month that have raised concerns about the widening scope of Russia's war in Ukraine.

gCaptain Порты и суда
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QatarEnergy Continues LNG Buying Spree to Hedge Future Hormuz Disruptions

QatarEnergy is buying long-term supplies of liquefied natural gas from the US and other producers as part of a trading strategy designed to generate revenue if exports through the Strait of Hormuz are disrupted in the future, CEO Saad Sherida Al-Kaabi told Reuters on Thursday.

gCaptain Торговля
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Shell and Total Post Highest Quarterly Profit Since 2022

Shell and TotalEnergies reported on Thursday sharply higher third-quarter profits and raised share buybacks, as war-driven energy prices and record refining margins helped both beat expectations.

gCaptain Аналитика
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COSCO Profit Jumps Most in Two Years as Turmoil Supports Rates

(Bloomberg) — Cosco Shipping Holdings Co. earnings jumped the most in two years as persistent geopolitical disruptions rerouted trade routes, tying up more of its vessels for longer while container...

gCaptain Порты и суда
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Protests in Europe expose growing generational divide

With the arrival of autumn, Europe has sunk into a wave of protests that still hasn't let up. Hundreds of thousands of people have taken to the streets, and not in a single country but in a good dozen of them at once. France, Italy, Belgium, Portugal, Greece, Albania, and Germany is next in line. Yet behind all of the…

Azernews Торговля
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Cheniere LNG Shipments Surge as Iran War Reshapes Global Gas Trade

U.S. LNG giant raises full-year earnings outlook as Middle East supply disruptions boost demand for American exports Cheniere Energy, the largest U.S. exporter of liquefied natural gas (LNG), reported a...

gCaptain Санкции и риски
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SFL adds $365m newbuild trio with $333m in charter cover

John Fredriksen-backed SFL Corporation has agreed to acquire three newbuildings for around $365m, securing long-term employment that will add at least $333m to its charter backlog. The New York-listed shipowner said the latest investment covers two 8,800 teu containerships scheduled for delivery in 2027 and a 93,000 c…

Splash247 Maritime Торговля
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Korean carrier Namsung returns to China for larger boxships

South Korea’s Namsung Shipping has been linked to another containership order in China, with brokers reporting a deal for two firm 7,100 teu vessels at Dalian Shipbuilding Industry Corporation (DSIC), plus options for another pair. Shipbroking sources said the CSSC-owned yard had secured the contract, with deliveries …

Splash247 Maritime Порты и суда
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India greenlights $1bn drive to break China’s container manufacturing dominance

India has approved a INR100bn ($1.05bn) programme to massively expand domestic shipping container manufacturing, targeting a tenfold increase in annual capacity as New Delhi seeks to challenge China’s near-monopoly over the industry. The country’s cabinet approved the Container Manufacturing Promotion Scheme yesterday…

Splash247 Maritime Порты и суда
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Boluda strikes deal to acquire Samskip

Spanish shipping group Boluda has agreed to acquire Netherlands-headquartered multimodal operator Samskip, bringing together two major European shortsea businesses in a deal spanning 32 vessels and 18 routes. Boluda Shipping said the acquisition would combine its container shipping network with Samskip’s northern Euro…

Splash247 Maritime Средний коридор
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Maritime CEO Forum: Tanker owners see more upside

Tanker owners remain broadly bullish on the extraordinary freight market despite soaring asset prices, an ageing fleet and mounting geopolitical risks. Speaking at the Maritime CEO Forum at the Yacht Club de Monaco on Tuesday, leading tanker executives debated the warning signs that could signal an end to the boom, th…

Splash247 Maritime Порты и суда
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Drone-hit boxship sinks off Bulgaria

The Greek-managed containership Contship Jet has sunk off Bulgaria after being struck by three sea drones yesterday, as Russia claims further attacks on merchant vessels heading towards Ukrainian ports. The Liberian-flagged vessel, operated by Contships Management, was sailing from Haifa to Constanta when it was attac…

Splash247 Maritime Порты и суда