Maritime News from gCaptain.com
TOTE Mobilizes U.S. Shipbuilding Base for Navy’s $2.2 Billion Landing Ship Program
TOTE Services has begun assembling the nationwide shipbuilding and supplier network that will support the U.S. Navy and Marine Corps’ Medium Landing Ship program, bringing together more than 30 shipbuilders,...
Categories: Maritime News
Vessel Traffic Through Hormuz Dwindles This Week As Markets Watch Iran-Oman Talks
Shipping traffic through the Strait of Hormuz has dwindled to 33 vessels from Monday to Thursday this week, data showed, versus 50 in the week-ago period, as markets watched talks between Iran and Oman for signs of progress in reopening the key waterway.
Categories: Maritime News
UAE’s Adnoc Buys $1.3 Billion of Tankers as Oil Exports Boom
The biggest oil producer in the United Arab Emirates spent $1.3 billion to expand its tanker fleet to benefit from surging crude exports after the country left OPEC and pushed more of its oil through the contested Strait of Hormuz.
Categories: Maritime News
UK Targets Arctic LNG Carrier, Five Oil Tankers in Latest Russia Sanctions Package
The United Kingdom has expanded its sanctions against Russia with a new package targeting shipping, banking, and industrial entities, including six vessels accused of transporting Russian energy exports and an...
Categories: Maritime News
NTSB: Pilot’s Personal Phone Call Contributed to Fatal Houston Ship Channel Collision
A Houston ship pilot’s extended personal cell phone conversation and multiple failures to maintain a proper lookout led to the fatal 2024 collision between the bulk carrier Yangze 7 and the towing...
Categories: Maritime News
ABS and Samsung Heavy Industries Advance 50 MW and 200 MW Floating Data Center Designs
ABS and Samsung Heavy Industries (SHI) have announced two milestones advancing floating data center development, part of a series of innovative agreements following the opening of the Korea-U.S. Shipbuilding Partnership...
Categories: Maritime News
RWE Reaches $1.22 Billion Deal with Trump Administration to Surrender U.S. Offshore Wind Leases
RWE has become the latest offshore wind developer to reach a settlement with the Trump administration, agreeing to relinquish its U.S. offshore wind leases in exchange for a $1.22 billion...
Categories: Maritime News
Germany Confronts Rhine Threat to Economy After Crisis Talks
Germany’s economy is being threatened by a chronic lack of water in the Rhine, according to Transport Minister Steffen Bilger.
Categories: Maritime News
Shipping Industry Sees Major Obstacles to Iran’s Hormuz Control Plan
A proposed deal between Iran and Oman that would give Tehran control over ships entering the Gulf through the Strait of Hormuz is not easily workable due to U.S. sanctions and restrictive insurance clauses on any payments, four industry sources said.
Categories: Maritime News
Swedish Pilot Named Suspect in Fatal Cargo Ship Collision That Killed Two
Swedish prosecutors have expanded the criminal investigation into last month’s fatal collision between the Norwegian cargo ship Misje Verde and a pleasure boat by naming the vessel’s pilot as a criminal suspect...
Categories: Maritime News
Iran Says Deal With Oman on Hormuz Agreed in Principle
The wait for an Iran-Oman deal that partially reopens the Strait of Hormuz continued into Thursday, after the Islamic Republic said an agreement on proposed shipping lanes was in the final stages.
Categories: Maritime News
Panama Canal to Tighten Draft Limits Again as Water Levels Continue to Fall
The Panama Canal Authority (ACP) will impose another round of draft restrictions for vessels transiting its Neopanamax locks later this month as water levels in Gatun Lake continue to decline...
Categories: Maritime News
Middle East Situation Remains “Predictably Unpredictable,” Lloyd’s List Intelligence
Almost six months into the U.S./ Israel war with Iran, the state of the Strait of Hormuz is still constrained. Ambrey has alerted another tanker aborted its transit through the Strait of Hormuz after two explosions were reported 37 NM southwest of Bandar-e-Jask, Iran.
Categories: Maritime News
Damen signs contract with Aegean Tugs Shipping Company for ASD Tug 2811 delivery
Damen Shipyards Group has signed a contract with Greece-based Aegean Tugs Shipping Company for an ASD Tug 2811. Thanks to its stock-building programme, Damen is able to offer its client...
Categories: Maritime News
Thordon Bearings adds SAI Engineering to growing global distributor network
Thordon Bearings, the market leader in environmentally safe, water-lubricated and grease-free bearing and seal solutions, has welcomed marine engineering and naval architecture firm SAI Engineering to its growing global network...
Categories: Maritime News
Eastern Shipbuilding Group and Washington State Celebrate Steel Cutting of New Hybrid-Electric Ferry
WSF Announces agreement on Third Boat Eastern Shipbuilding Group Inc. (ESG) and Washington State Ferries marked the start of construction on three new 160-vehicle hybrid-electric ferries at a steel cutting...
Categories: Maritime News
Russia Sends Arctic Oil Tanker Shadow Fleet Within 500 Nautical Miles of North Pole
Russia has dispatched an unprecedented convoy of oil tankers to within 500 nautical miles of the North Pole sending the fleet onto one of the most northerly commercial shipping routes ever attempted in the Arctic.
Categories: Maritime News
CBO: Trump-Class Nuclear Battleships Could Cost $275 Billion, Strain U.S. Shipbuilding
The U.S. Navy’s ambitious plan to design and build a new class of nuclear-powered battleships would cost an estimated $275 billion over the next three decades and place unprecedented demands on...
Categories: Maritime News
Europe’s Dry Rivers Set for Little Relief from August Rains
Europe’s first meaningful rains in weeks are unlikely to be widespread or sustained enough to quickly raise critically-low river levels, prolonging costly shipping and power supply restrictions as another spell of heat threatens to build.
Categories: Maritime News
Houthis Escalate Red Sea Campaign, Claim Eighth Saudi Tanker Attack
The Houthis on Wednesday claimed responsibility for another attack on a Saudi oil tanker, while UK Maritime Trade Operations (UKMTO) issued a fresh warning about a separate explosion near a...
Categories: Maritime News