gCaptain

gCaptain

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Maritime industry news, shipping and logistics.

Shipping Awaits Clarity on ‘Project Freedom’ as Hormuz Risks Remain High
NewsMay 4, 2026

Shipping Awaits Clarity on ‘Project Freedom’ as Hormuz Risks Remain High

BIMCO cautions shipowners that security in the Strait of Hormuz remains unchanged despite President Trump’s newly announced “Project Freedom” to reopen the chokepoint. The organization says no formal guidance has been issued, leaving commercial vessels without clear protocols. Iran has...

By gCaptain
Coast Guard’s National Maritime Center Reopens—But Credentialing Backlog Could Stretch to a Year
NewsMay 4, 2026

Coast Guard’s National Maritime Center Reopens—But Credentialing Backlog Could Stretch to a Year

The U.S. Coast Guard’s National Maritime Center has reopened after a funding lapse forced a shutdown that created a backlog of over 19,000 credential applications. Operations are resuming in phases, but processing times are projected to stretch 8‑12 months per...

By gCaptain
Qatar Extends Force Majeure on LNG Supply Through Mid-June
NewsMay 4, 2026

Qatar Extends Force Majeure on LNG Supply Through Mid-June

QatarEnergy has extended the force majeure on its LNG deliveries until mid‑June because the Strait of Hormuz remains almost entirely closed to tanker traffic. The suspension follows earlier force majeure notices issued after the Iran‑Israel conflict escalated in February and...

By gCaptain
Philippines Accuses China of Conducting Illegal Marine Research
NewsMay 3, 2026

Philippines Accuses China of Conducting Illegal Marine Research

The Philippine Coast Guard accused four Chinese vessels of conducting illegal marine scientific research in Philippine waters, violating UNCLOS. The fleet includes an advanced oceanographic survey ship and the world’s first intelligent drone mothership capable of deploying over 50 unmanned...

By gCaptain
Oil Tanker Hijacked Off Shabwa Coast, Heads Towards Somali Waters
NewsMay 2, 2026

Oil Tanker Hijacked Off Shabwa Coast, Heads Towards Somali Waters

On May 2, 2026, Yemen's coast guard reported that the oil tanker M/T EUREKA was hijacked off Shabwa province by unidentified armed men. The hijackers seized control of the vessel and steered it toward the Gulf of Aden, heading into...

By gCaptain
Saudi Arabia Set For Oil Windfall After Hormuz Boosts Prices
NewsMay 2, 2026

Saudi Arabia Set For Oil Windfall After Hormuz Boosts Prices

The blockade of the Strait of Hormuz has split Gulf oil exporters, giving Saudi Arabia and Oman a revenue boost while the UAE sees a sharp decline. Saudi rerouted 4 million barrels daily to the Red Sea, lifting weekly oil revenue...

By gCaptain
The Mediterranean’s Super-Yacht Summer Is Moving West This Year
NewsMay 2, 2026

The Mediterranean’s Super-Yacht Summer Is Moving West This Year

The Mediterranean super‑yacht season is pivoting west as owners avoid the eastern basin amid heightened security concerns tied to the Iran‑related conflict. Ports in Barcelona, Mallorca, the French Riviera and other western locations are experiencing a surge in bookings, while...

By gCaptain
U.S. Targets Iran–China Oil Pipeline in Dual Sanctions Move on Shipping and Finance
NewsMay 1, 2026

U.S. Targets Iran–China Oil Pipeline in Dual Sanctions Move on Shipping and Finance

The United States announced a dual‑pronged sanctions package that hits a China‑based oil terminal, Qingdao Haiye Oil Terminal Co., for handling tens of millions of barrels of Iranian crude since early 2025, and three Iranian currency‑exchange houses that convert oil...

By gCaptain
White House Says Iran Hostilities ‘Terminated’ as War Powers Deadline Arrives
NewsMay 1, 2026

White House Says Iran Hostilities ‘Terminated’ as War Powers Deadline Arrives

The White House announced that hostilities with Iran are considered terminated as the May 1 deadline under the 1973 War Powers Resolution approached. The Trump administration argues the cease‑fire claim exempts it from the legal requirement to seek congressional authorization. Democrats...

By gCaptain
Venezuela Oil Exports Hit 7-Year High as U.S., India, Europe Ramp Up Buying
NewsMay 1, 2026

Venezuela Oil Exports Hit 7-Year High as U.S., India, Europe Ramp Up Buying

Venezuela’s oil exports jumped 14% in April to 1.23 million barrels per day, the strongest monthly level since late 2018. The surge was driven by higher shipments to the United States, India and Europe after U.S. sanctions were eased and a...

By gCaptain
U.S. Treasury Expands Hormuz ‘Toll’ Warning, Puts Maritime Industry on Notice
NewsMay 1, 2026

U.S. Treasury Expands Hormuz ‘Toll’ Warning, Puts Maritime Industry on Notice

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) issued a new alert expanding its warning on Iranian “safe passage” toll demands in the Strait of Hormuz. The guidance details how payments—whether cash, digital assets, swaps, or charitable donations—can trigger...

By gCaptain
Transpacific Defies Downtrend as Container Spot Rates Climb on War-Driven Demand
NewsMay 1, 2026

Transpacific Defies Downtrend as Container Spot Rates Climb on War-Driven Demand

Container spot rates on the Shanghai‑Los Angeles lane rose 2% to $2,930 per 40 ft, marking a 34% gain since the Iran conflict began. Far‑East to U.S. west‑coast freight is up roughly 50% overall, while the Shanghai‑New York leg slipped 2% to...

By gCaptain
IMO Carbon Plan for Shipping Faces Growing Revolt as U.S. Courts ‘Silent Majority’
NewsApr 30, 2026

IMO Carbon Plan for Shipping Faces Growing Revolt as U.S. Courts ‘Silent Majority’

The United States, led by Federal Maritime Commission Chair Laura DiBella, is urging IMO member states to consider alternatives to the stalled Net Zero Framework (NZF), a global carbon‑pricing scheme backed by the EU. DiBella warned that the NZF could...

By gCaptain
Container Rates Slip for Third Week as Oversupply Weighs on Market
NewsApr 30, 2026

Container Rates Slip for Third Week as Oversupply Weighs on Market

Spot container rates fell for a third consecutive week, with Drewry's World Container Index dropping 1% to $2,216 per 40‑foot container on April 30. The decline reflects excess vessel capacity and weak demand outweighing geopolitical risk premiums from the Strait of...

By gCaptain
Israel Intercepts Gaza Aid Ships in International Waters, Organizers Decry Move
NewsApr 30, 2026

Israel Intercepts Gaza Aid Ships in International Waters, Organizers Decry Move

Israel intercepted a flotilla of aid ships bound for Gaza in international waters off Greece, boarding crews from 17 of the 55 vessels. The organizers of the Global Sumud flotilla denounced the seizure as piracy and a violation of international...

By gCaptain
ABS Acquires RMC Global to Strengthen Cyber, Risk and Resilience Capabilities
NewsApr 30, 2026

ABS Acquires RMC Global to Strengthen Cyber, Risk and Resilience Capabilities

ABS Group, through its ABS Consulting affiliate, announced the acquisition of RMC Global, a specialist in industrial cybersecurity, risk management and resiliency. The deal merges RMC’s niche technical expertise with ABS Consulting’s global scale and resources, creating a more integrated...

By gCaptain
The United States Did Not Just Outsource Shipbuilding. It Outsourced Demand.
NewsApr 29, 2026

The United States Did Not Just Outsource Shipbuilding. It Outsourced Demand.

The op‑ed argues that U.S. cargo demand fuels global shipbuilding, but the demand is captured abroad, leaving domestic capacity stagnant. Commercial shippers prioritize cost and efficiency, steering orders to East Asian yards that produce about 90% of new vessels. Government‑mandated...

By gCaptain
FMC Judge Orders OOCL to Pay $45.6 Million in Landmark Bed Bath & Beyond Shipping Case
NewsApr 29, 2026

FMC Judge Orders OOCL to Pay $45.6 Million in Landmark Bed Bath & Beyond Shipping Case

A Federal Maritime Commission administrative law judge ordered Orient Overseas Container Line (OOCL) to pay $45.6 million after finding it violated the Shipping Act by reallocating contracted vessel space to higher‑paying customers during the pandemic. The ruling follows Bed Bath & Beyond’s bankruptcy estate...

By gCaptain
FarSounder Celebrates 25 Years of Innovation in Marine Navigation
NewsApr 29, 2026

FarSounder Celebrates 25 Years of Innovation in Marine Navigation

FarSounder celebrates its 25th anniversary, marking a quarter‑century of leadership in 3D forward‑looking sonar for marine navigation. Its Argos sonar suite now provides real‑time underwater imaging that helps vessels avoid groundings, oil spills, and ship‑whale collisions. The company’s collaborations, including...

By gCaptain
The Forgotten Fuel That Could Power Shipping’s Future
NewsApr 29, 2026

The Forgotten Fuel That Could Power Shipping’s Future

Thorium molten‑salt reactors are emerging as a power source for shipping’s clean‑fuel supply chain. China’s TMSR‑LF1 proved experimental thorium breeding, while Denmark’s Copenhagen Atomics is mass‑producing 100 MWth container‑sized reactors aiming for sub‑$20/MWh electricity. Continuous high‑temperature output from shore‑based SMRs could...

By gCaptain
Strait of Hormuz Nears Third Month of Closure
NewsApr 29, 2026

Strait of Hormuz Nears Third Month of Closure

A Japan‑linked VLCC, Idemitsu Maru, successfully transited the Strait of Hormuz carrying roughly 2 million barrels of Saudi crude, marking the first non‑Iranian tanker to leave the region in ten days. The waterway’s effective closure, now in its third month, has halted...

By gCaptain
Appeals Court Backs FMC in Landmark Detention Charges Ruling Against Evergreen
NewsApr 29, 2026

Appeals Court Backs FMC in Landmark Detention Charges Ruling Against Evergreen

A D.C. Circuit appeals court upheld the Federal Maritime Commission’s decision that Evergreen Marine’s $510 truck‑er detention charge during a three‑day Savannah port closure was unreasonable. The court affirmed the FMC’s “freight fluidity” standard, ruling that detention fees must serve...

By gCaptain
Russia-Linked LNG Carriers Head North After Reflagging, Signalling Arctic Fleet Expansion
NewsApr 28, 2026

Russia-Linked LNG Carriers Head North After Reflagging, Signalling Arctic Fleet Expansion

Four former Omani LNG carriers, sold for roughly $110 million, have been re‑flagged under the Russian register and are now steaming north toward Murmansk. The vessels—Kosmos, Merkuriy, Luch and Orion—were renamed multiple times and are linked to Turkish‑controlled firms, though ultimate...

By gCaptain
US Says Navy Intercepted Iran-Linked Vessel in Arabian Sea
NewsApr 26, 2026

US Says Navy Intercepted Iran-Linked Vessel in Arabian Sea

U.S. Central Command confirmed that a Navy helicopter intercepted the Iran‑linked tanker M/V Sevan in the Arabian Sea on April 25, 2026. The vessel is among 19 ships recently sanctioned by the Treasury for transporting billions of dollars of Iranian...

By gCaptain
Iran War Leaves Seafarers Stranded In The Gulf
NewsApr 26, 2026

Iran War Leaves Seafarers Stranded In The Gulf

The Iran‑Israel conflict has stranded thousands of seafarers, many from India, in the Strait of Hormuz and nearby Iranian ports. Crew members like Ankit Yadav have been stuck for weeks on limited rations after a U.S. naval blockade blocked a...

By gCaptain
France Reaffirms Efforts To Reopen Strait Of Hormuz
NewsApr 25, 2026

France Reaffirms Efforts To Reopen Strait Of Hormuz

French President Emmanuel Macron announced a push to fully reopen the Strait of Hormuz within days and weeks, emphasizing freedom of navigation under international law. He warned that panic over geopolitical uncertainty could itself trigger shortages. TotalEnergies CEO Patrick Pouyanne...

By gCaptain
India Mulls Options On Iran Port Stake Before Sanctions Kick In
NewsApr 25, 2026

India Mulls Options On Iran Port Stake Before Sanctions Kick In

India is weighing options for its $120 million stake in Iran’s Chabahar port as the U.S. sanctions waiver expires on April 26. Officials are considering a temporary transfer of the stake to an Iranian entity while keeping the investment alive, pending talks...

By gCaptain
Panama Canal Pushes Back on ‘Line Jumping’ Claims as Auction Slot Prices Surge
NewsApr 24, 2026

Panama Canal Pushes Back on ‘Line Jumping’ Claims as Auction Slot Prices Surge

Panama Canal officials clarified that auction slots do not let vessels skip the queue, but allocate pre‑reserved capacity for short‑notice cargoes like LNG and LPG. Prices for these slots have surged from roughly $135,000‑$140,000 pre‑war to about $385,000 in March‑April...

By gCaptain
Hegseth Signals Mines Remain Key Obstacle to Full Hormuz Reopening
NewsApr 24, 2026

Hegseth Signals Mines Remain Key Obstacle to Full Hormuz Reopening

U.S. Defense Secretary Pete Hegseth warned that naval mines remain a central obstacle to fully reopening the Strait of Hormuz, despite limited vessel transits. He reiterated that U.S. forces are actively sweeping for mines under a Trump‑issued order and will...

By gCaptain
U.S. Targets Major Chinese Refinery and Ships in Escalating Crackdown on Iran’s Oil Trade
NewsApr 24, 2026

U.S. Targets Major Chinese Refinery and Ships in Escalating Crackdown on Iran’s Oil Trade

The U.S. Treasury’s Office of Foreign Assets Control sanctioned China’s Hengli Petrochemical (Dalian) Refinery, the nation’s second‑largest independent refinery and a major buyer of Iranian crude, and blacklisted 19 tankers and 18 shipping entities tied to Iran’s shadow fleet. This...

By gCaptain
IMO’s MEPC 84 Opens as Key Test for Delayed Shipping Climate Pact
NewsApr 24, 2026

IMO’s MEPC 84 Opens as Key Test for Delayed Shipping Climate Pact

The International Maritime Organization’s 84th Marine Environment Protection Committee (MEPC 84) convenes in London as the first session since governments voted to postpone the Net‑Zero Framework by a year. Delegates will tackle 57 submissions on greenhouse‑gas reductions and consider a new...

By gCaptain
Panama Canal Traffic Climbs as Officials Downplay Congestion Fears
NewsApr 23, 2026

Panama Canal Traffic Climbs as Officials Downplay Congestion Fears

The Panama Canal reported a rise in traffic during the first half of fiscal year 2026, handling 6,288 transits and a 5% increase in cargo to 254 million tons. Daily vessel averages climbed to 34 in January and 37 in March,...

By gCaptain
Trump Moves to Extend Jones Act Waiver 90 Days as Maritime Industry Says Fuel Relief Never Came
NewsApr 23, 2026

Trump Moves to Extend Jones Act Waiver 90 Days as Maritime Industry Says Fuel Relief Never Came

The White House is set to extend the Jones Act waiver that began on March 17 for an additional 90 days, shifting its focus from fuel‑price relief to national‑defense logistics. The request, submitted by the Under Secretary of War, argues that...

By gCaptain
BIMCO Warns Hormuz Reopening Hinges on Mine Clearance as Trump Orders Sweep Surge
NewsApr 23, 2026

BIMCO Warns Hormuz Reopening Hinges on Mine Clearance as Trump Orders Sweep Surge

The Baltic and International Maritime Council warned that a meaningful reopening of the Strait of Hormuz will require weeks of dedicated mine‑clearing operations, noting that restricted corridors and dual U.S.–Iran enforcement actions still limit commercial traffic. President Donald Trump amplified...

By gCaptain
Golden Pass Ships First LNG Cargo, Launching Major New U.S. Export Supply
NewsApr 23, 2026

Golden Pass Ships First LNG Cargo, Launching Major New U.S. Export Supply

Golden Pass LNG, a QatarEnergy‑ExxonMobil joint venture, shipped its first export cargo from Sabine Pass, Texas, marking the transition from commissioning to commercial trade. The three‑train terminal aims to export about 18 million tonnes per annum, positioning it among North America’s...

By gCaptain
ABS, Marinteknik, Seatech, and VINSSEN Launch Hydrogen Fuel Cell Harbor Craft Pilot Study in Singapore
NewsApr 23, 2026

ABS, Marinteknik, Seatech, and VINSSEN Launch Hydrogen Fuel Cell Harbor Craft Pilot Study in Singapore

ABS, Marinteknik Shipbuilders, SeaTech Solutions International and VINSSEN have signed a research collaboration to develop a hydrogen fuel‑cell powered harbor craft in Singapore. The consortium will start with desktop feasibility studies covering vessel concept design, techno‑economic analysis, risk assessment and...

By gCaptain
Three Vessels Hit by Gunfire in Strait of Hormuz, Crews Safe
NewsApr 22, 2026

Three Vessels Hit by Gunfire in Strait of Hormuz, Crews Safe

Three container ships were struck by gunfire in the Strait of Hormuz on April 22, according to the United Kingdom Maritime Trade Operations and maritime security sources. A Liberia‑flagged vessel suffered bridge damage after an IRGC gunboat opened fire, while...

By gCaptain
UN’s Maritime Agency Prepares Hormuz Evacuation Plan for Hundreds of Ships
NewsApr 21, 2026

UN’s Maritime Agency Prepares Hormuz Evacuation Plan for Hundreds of Ships

The International Maritime Organization is drafting a humanitarian evacuation corridor for roughly 800 vessels stranded in the Persian Gulf after the US‑Israel strikes on Iran halted traffic through the Strait of Hormuz. The plan, which would use the long‑standing Traffic...

By gCaptain
Immersion Suit Rises To Challenge For Faster Protection
NewsApr 21, 2026

Immersion Suit Rises To Challenge For Faster Protection

VIKING Life‑Saving Equipment has introduced the YouSafe™ Crest immersion suit, a US‑Coast Guard‑approved solution that delivers six hours of thermal protection in cold water. Made from buoyant neoprene, the suit features an Aquaseal plastic zipper and detachable gloves to dramatically...

By gCaptain
Billionaire Fredriksen’s Firm Faces $1 Billion Claim After Failed Fraud Trial
NewsApr 21, 2026

Billionaire Fredriksen’s Firm Faces $1 Billion Claim After Failed Fraud Trial

Two former executives of John Fredriksen’s oil‑trading firm Alta Trading have filed a lawsuit seeking roughly $1 billion, alleging that a 2015 freezing order and a vindictive legal campaign by Fredriksen’s company ruined their ability to launch a new venture. The...

By gCaptain
U.S. Forces Board Sanctioned Tanker in Indian Ocean as Iran Crackdown Expands Beyond Hormuz
NewsApr 21, 2026

U.S. Forces Board Sanctioned Tanker in Indian Ocean as Iran Crackdown Expands Beyond Hormuz

U.S. forces conducted a right‑of‑visit boarding of the stateless tanker Tifani in the Indian Ocean, marking the first interdiction of a sanctioned Iran‑linked vessel outside the Persian Gulf. The ship, falsely flying a Botswana flag, had loaded roughly 2 million barrels...

By gCaptain
Industry Floods Into Autonomous Vessel Race as U.S. Navy Opens MUSV Marketplace
NewsApr 20, 2026

Industry Floods Into Autonomous Vessel Race as U.S. Navy Opens MUSV Marketplace

The U.S. Navy has opened its Medium Unmanned Surface Vessel (MUSV) program to an open marketplace, inviting multiple commercial and defense firms to submit prototype designs. Anduril Industries is teaming with HD Hyundai and Edison Chouest Offshore to combine autonomy software...

By gCaptain
EU to Widen Iran Sanctions to Those Who Block Hormuz
NewsApr 20, 2026

EU to Widen Iran Sanctions to Those Who Block Hormuz

The European Union announced it will broaden its Iran sanctions regime to target individuals and entities that block the Strait of Hormuz. Iran’s self‑imposed closure of the strait has cut roughly one‑fifth of global oil and LNG supplies, disrupting markets....

By gCaptain
U.S. Extends Russian Oil Wind-Down License Despite Earlier Pledge to Let It Expire
NewsApr 20, 2026

U.S. Extends Russian Oil Wind-Down License Despite Earlier Pledge to Let It Expire

The U.S. Treasury’s Office of Foreign Assets Control issued General License 134B on April 17, extending the sanctions wind‑down authorization for Russian‑origin crude and products loaded before that date until May 16, 2026. The license permits necessary services—shipping, insurance, bunkering—for those cargoes, but does...

By gCaptain
Oceans Apart, One Voyage: IntegratingCollaborative Online InternationalLearning Into Maritime Education.
NewsApr 20, 2026

Oceans Apart, One Voyage: IntegratingCollaborative Online InternationalLearning Into Maritime Education.

A collaborative online international learning (COIL) program linked SUNY Maritime College in the United States with Lyceum‑Northwestern University in the Philippines to explore maritime pollution prevention within voyage planning. Students worked in multicultural teams to apply MARPOL Annex V, Annex VI and...

By gCaptain
France And Greece To Renew Defense Pact For Another Five Years
NewsApr 19, 2026

France And Greece To Renew Defense Pact For Another Five Years

French President Emmanuel Macron will travel to Athens on April 24‑25 to renew the 2021 Franco‑Greek security and defence pact for another five years, with an automatic extension thereafter. The agreement obligates mutual military assistance and includes Greece’s purchase of three...

By gCaptain
Australia, Japan Sign $7 Billion Warship Deal
NewsApr 19, 2026

Australia, Japan Sign $7 Billion Warship Deal

Australia and Japan have sealed a landmark A$10 billion ($7 billion) contract to supply the Royal Australian Navy with new warships. Mitsubishi Heavy Industries will deliver three upgraded Mogami‑class multi‑role frigates from Japan starting in 2029, with eight additional vessels to be...

By gCaptain
Fresh Attacks Shatter ‘Open Hormuz’ Narrative as Iran Pushes New Maritime Regime
NewsApr 18, 2026

Fresh Attacks Shatter ‘Open Hormuz’ Narrative as Iran Pushes New Maritime Regime

On April 18, three separate incidents—including a projectile strike on a containership, gunfire from IRGC‑linked gunboats on a tanker, and a near‑miss near a cruise ship—were reported off Oman, shattering the narrative that the Strait of Hormuz is fully open....

By gCaptain
Iran’s Navy Tells Ships Strait of Hormuz Shut Again, Two Vessels Report Gunfire
NewsApr 18, 2026

Iran’s Navy Tells Ships Strait of Hormuz Shut Again, Two Vessels Report Gunfire

Iran’s navy broadcast a VHF message declaring the Strait of Hormuz closed again, reversing a prior notice that allowed limited lanes. On Saturday, at least two commercial vessels reported gunfire from IRGC gunboats near the Qeshm and Larak islands, forcing...

By gCaptain