Maritime News from gCaptain.com

The Drewry World Container Index edged lower this week as falling Asia-Europe rates outweighed firmer pricing on the Transpacific, with carriers preparing another round of blank sailings ahead of China’s...

Taiwan has upgraded its maritime patrol capacity around the Pratas Islands in the disputed South China Sea, including regularly sending larger ships there, the government said, responding to an increase in Chinese activities.

A supercharged rally in tanker earnings is attracting new investors to the global shipping industry, as the war in Iran points to how geopolitical crises can drastically curtail the supply of vessels.

The U.S. Coast Guard has awarded a $315 million contract to Tutor Perini Corp. to build a new fuel pier and major cutter mooring at Base Kodiak, Alaska, as the service prepares...

Global oil trading firms Vitol and Trafigura are pushing for steeper discounts on Venezuelan crude oil as rising freight rates shrink their margins, five sources familiar with the matter said.

Maria Angelicoussis, the magnate behind Greece’s biggest shipping fortune, has scored big gains outside her maritime empire with a bet on technology giant Nvidia Corp. after her family office shifted away from private markets.

resident Volodymyr Zelenskiy told leaders at the United Nations on Wednesday that Ukraine was ready for a maritime truce in the Black Sea based on proposals by Egypt, India and Turkey and said it was now up to Russia to respond.

Donald Trump and South Korean President Lee Jae Myung hailed “significant progress” on implementing the two countries’ long-stalled investment deal, with lawmakers in Seoul saying the first project would be a $22.3 billion gas-fired power development in Texas. 

The official death toll from a passenger ship that capsized and sank in Indonesia's Java Sea rose to 20 on Wednesday, up from the previous 10, with rescuers expecting to find more bodies as the ongoing underwater search widens, officials said.

Shipping is running out of time to meet a key 2030 target for zero-emission fuels, even as methanol infrastructure and alternative-fuel vessel capacity continue to expand. A new assessment from...

New York is leading a coalition of states in two new lawsuits challenging Trump administration agreements that would cancel offshore wind leases and redirect roughly $1.4 billion toward liquefied natural...

By Josh Wingrove and Jennifer A. Dlouhy (Bloomberg) — President Donald Trump said he’s encouraged his advisers to support a ban on US diesel exports, with wars in Iran and Ukraine...

Russia's Arctic port of Murmansk will use equipment typically used to load fertilizer when it ships its first grain from southern Russia for export as early as next month, as the Black Sea route remains closed due to Ukrainian drone attacks.

Tue Vuong had secured four cargoes of wheat harvested from fertile lands around the Black Sea, roughly a fifth of what his milling company 5,000 miles away in Vietnam uses annually. Then he was told it wouldn’t get shipped following a summer escalation in Russia’s war with Ukraine.

A potentially significant change at the US Federal Maritime Commission (FMC) has gone largely under the radar, after the regulator confirmed there is no three-year statute of limitations on charge complaints relating to fees assessed on or after 16 June 2022 – leaving carriers exposed to claims that might otherwise have been time-barred.

France has started drafting a UN Security Council resolution in coordination with the United States on setting up ?an international mission to restore movement in the Strait of Hormuz, diplomats said on Tuesday.

US President Donald Trump on Tuesday called for complete economic isolation of Iran, showing no intention to resume talks at the UN General Assembly but saying he believed a deal would be done after the US midterm elections in November. 

What (Acting) Secretary Hung Cao’s First Five Months Tell Us About the Job Ahead By Bruce Kimbrell (Policy Op-Ed) President Trump has nominated the Honorable Hung Cao to become the...

The European Union’s top diplomat, Kaja Kallas, called for member states to send more naval vessels to protect commercial shipping in the Red Sea.

Aug 29 (Reuters) – A merchant ship caught fire and sank off the coast of Romania in the Black Sea on Thursday evening, likely after being hit, Romanian President Nicusor Dan and authorities said....