Maritime News from gCaptain.com
Iranian Navy Chief Killed After Years of Threats, Seizures, and Hormuz Disruption
The Iranian commander who spent years threatening—and ultimately executing—Tehran’s campaign to pressure global shipping in the Strait of Hormuz has reportedly been killed, according to the U.S. military. Rear Adm....
Categories: Maritime News
Key Russian Oil Port Resumes Loading Amid Attempt to Divert Flow
Russia’s top oil port in the Baltic Sea resumed loading days after it came under attack from Ukrainian drones, although the company that pipes crude there said it is trying to divert barrels elsewhere because of the incidents.
Categories: Maritime News
Hapag-Lloyd Faces $40 Million to $50 Million Weekly Costs Due to Middle East Conflict
German shipping company Hapag-Lloyd HLAG.DE is incurring additional costs of $40 million to $50 million per week due to the ongoing conflict in the Middle East, a burden described as "not sustainable for a long time" by Chief Executive Rolf Habben Jansen on Thursday. Speaking at an online press conference, Habben Jansen said the company was grappling with "a big challenge" as six of its vessels, with 150 crew members, remain stranded in the Persian Gulf.
Categories: Maritime News
IEA Warns: Hormuz Crisis Triggering Largest Oil Supply Disruption in History
The escalating Middle East conflict has triggered what the International Energy Agency (IEA) says could become the largest supply disruption in the history of the global oil market, as tanker traffic through the...
Categories: Maritime News
Norway Bars Its Ships From Hormuz as Attacks on Merchant Vessels Escalate
Norway Bars Its Ships From Hormuz as Attacks on Merchant Vessels Escalate Norway has moved to prohibit its merchant fleet from entering the Strait of Hormuz, marking one of the...
Categories: Maritime News
US Considers Easing Jones Act to Tame Spiraling Fuel Prices
The Trump administration plans to waive a century-old maritime law that requires American ships be used to transport goods between US ports as it seeks to blunt surging oil and gasoline prices, according to people familiar with the matter.
Categories: Maritime News
ABS Publishes New Technical Standard for Subsea Power Cables
Responding to the surge in global subsea cable investment driven by cloud computing and artificial intelligence, ABS has published its Technical Standard for Subsea Power Cables. Subsea power cable design, installation...
Categories: Maritime News
Thordon Bearings and SNAME Announce New Graduate Scholarship to Accelerate Innovation in Green Vessel Design
Thordon Bearings Inc. has partnered with the Society of Naval Architects and Marine Engineers (SNAME) to launch the Thordon Bearings Graduate Scholarship, an annual award that will support exceptional postgraduate...
Categories: Maritime News
EXMAR Deploys Inmarsat NexusWave to Power Secure, Always-on Connectivity Across its Fleet
Inmarsat Maritime, a Viasat company, is rolling out NexusWave across EXMAR’s growing fleet of gas carriers to meet the Belgian shipping company’s evolving commercial and crew connectivity demands. Operating globally in high-demand environments,...
Categories: Maritime News
VIKING Delivers Solid Results in Unpredictable Market
ANNUAL REPORT: VIKING grows revenue and earnings in a market characterised by geopolitical uncertainty and lower growth rates. After years of significant growth in key segments, developments have now normalised....
Categories: Maritime News
Iran’s Supreme Leader, in First Remarks, Vows to Avenge ‘Martyrs’, Keep Strait Closed
Iran will avenge the blood of its martyrs, keep the Strait of Hormuz closed and attack U.S. bases, new Supreme Leader Mojtaba Khamenei said on Thursday in a statement read out on state television, his first remarks since succeeding his slain father.
Categories: Maritime News
After Lengthy Legal Dispute, Seatrium Hands Over Next-Generation WTIV to Maersk
Singapore-based shipbuilder Seatrium Limited has delivered a next-generation Wind Turbine Installation Vessel (WTIV) to Maersk Offshore Wind, marking the completion of a project that only months ago was at the center of a high-stakes contractual dispute between the two companies.
Categories: Maritime News
Indian Source Says Iran to Allow India-Flagged Tankers Through Hormuz as First Tanker Arrives
Iran will allow Indian-flagged tankers to transit the Strait of Hormuz, a conduit for 40% of the South Asian nation's crude imports, an Indian government source said on Thursday, but an Iranian source outside the country denied any such deal was reached.
Categories: Maritime News
US Hormuz Escorts May Start by End of the Month, Wright Says
The US Navy could start escorting tankers through the Strait of Hormuz by the end of this month, Energy Secretary Chris Wright said.
Wright said on CNBC on Thursday US military assets were currently focused on destroying Iran’s offensive capabilities and weapons manufacturing, but could shift focus to protecting shipping traffic in the coming weeks.
Categories: Maritime News
Russia Pushes Icebreakers to 270 Days at Sea as Sanctions Slow Arctic Fleet Renewal
Russia will push its nuclear-powered icebreakers to sea for up to 270 days a year, increasing workloads as an ageing fleet, sanctions-related delays and unpredictable ice conditions strain Moscow’s ability to escort cargo along the Northern Sea Route.
Categories: Maritime News
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