Maritime News from gCaptain.com

Sweden Seizes Sanctioned Oil Tanker Suspected of Being Source of Spill

News from gCaptain - Fri, 04/03/2026 - 03:10
The Swedish Coast Guard said on Friday it had seized an oil tanker in the Baltic Sea that is believed to be part of the Russian shadow fleet and suspected to be the source of a 12 km oil spill off the island of Gotland.
Categories: Maritime News

South Korea, France Agree to Deepen Defense Cooperation Amid Middle East Conflict

News from gCaptain - Fri, 04/03/2026 - 01:53
South Korean President Lee Jae Myung and French President Emmanuel Macron said on Friday they planned to boost defense cooperation and work together to address the economic and energy crises triggered by the war in Iran.
Categories: Maritime News

French-Owned Container Ship Exits Hormuz in First Since Iran War

News from gCaptain - Fri, 04/03/2026 - 01:45
A container ship signaling French ownership has exited the Strait of Hormuz, in what appears to be the first known transit by a vessel linked to Western Europe since the war all but shuttered the vital waterway.
Categories: Maritime News

China’s detentions of Panama-flagged vessels raise concerns, Rubio says

News from gCaptain - Thu, 04/02/2026 - 10:27
Detentions of Panama-flagged vessels by China that followed a Panamanian court ruling raise serious concerns about efforts to undermine rule of law in the Latin American country, U.S. Secretary of State Marco Rubio said on Thursday.
Categories: Maritime News

US Trade Deficit Widens in February As Imports Offset Record Exports

News from gCaptain - Thu, 04/02/2026 - 06:56
The U.S. trade deficit widened in February as a rebound in imports offset strong growth in exports, which increased to a record high, potentially keeping trade on track to subtract from economic growth in the first quarter.
Categories: Maritime News

Libya Confirms ‘Arctic Metagaz’ Salvage Has Failed and Vessel Out of Control at Sea Near Malta SAR Zone

News from gCaptain - Thu, 04/02/2026 - 04:32
The liquefied natural gas carrier Arctic Metagaz is “completely out of control at sea” in the Mediterranean after a towing attempt collapsed at around 0400 local time on April 2 due to severe weather, according to an urgent notice issued by Libya’s Ports and Maritime Transport Authority. 
Categories: Maritime News

Trump Stirs Market, Political Angst With Vague Timeline for Iran

News from gCaptain - Thu, 04/02/2026 - 02:47
President Donald Trump finally tried to sell the American public on his Iran war. But his primetime address five weeks into the messy conflict instead underscored the US president’s growing defensive posture, as pressure mounts on global shipping routes, gas prices and his political party.
Categories: Maritime News

UK to Host Talks With 35 Countries on Reopening Strait of Hormuz

News from gCaptain - Thu, 04/02/2026 - 02:42
Britain will host talks on Thursday aimed at forming a coalition of countries to explore ways to reopen the Strait of Hormuz after U.S. President Donald Trump said securing the vital waterway was a problem for other nations to resolve.
Categories: Maritime News

Hormuz Shutdown Sends Global Shockwaves as UN Warns of Inflation Surge and Slowing Growth

News from gCaptain - Thu, 04/02/2026 - 01:07
The Strait of Hormuz—one of the world’s most critical energy chokepoints—remains effectively closed, sending shockwaves through global trade, energy markets, and financial systems, according to a new report from the United Nations Conference on Trade and Development. 
Categories: Maritime News

Iran’s ‘Tollbooth’ Tightens Grip on Hormuz as Ships Offered Safe Passage—For a Price

News from gCaptain - Thu, 04/02/2026 - 00:52
In recent days, the operator of an oil tanker stuck in the Persian Gulf received a compelling proposal. After weeks at anchor with missiles and drones passing overhead, it could finally sail safely out through the Strait of Hormuz and into the open ocean — escorted by the Iranian Navy. But first it would need to change its registration and raise the flag of Pakistan, according to a company executive, speaking on condition of anonymity in order to discuss sensitive conversations.
Categories: Maritime News

U.S. Offshore Oil Hits Record 714M Barrels as Gulf Deepwater Leads Surge

News from gCaptain - Thu, 04/02/2026 - 00:30
U.S. offshore oil production surged to a record 714 million barrels in 2025, marking a new high for output from the Outer Continental Shelf and underscoring the growing role of deepwater projects in the nation’s energy mix.
Categories: Maritime News

Trump Official Says Hormuz Ship Insurance Program to Launch ‘Soon’ as Tanker Traffic Struggles to Recover

News from gCaptain - Thu, 03/26/2026 - 14:29
Treasury Secretary Scott Bessent said a US insurance program meant to boost shipping through the Strait of Hormuz will begin soon, a move that may help revive flows of much of the world’s oil and gas supplies.
Categories: Maritime News

China Is Escalating Panama Port Dispute With Surge in Ship Detentions, U.S. Regulator Warns

News from gCaptain - Thu, 03/26/2026 - 13:49
A simmering dispute over control of key Panama Canal terminals is now spilling into global shipping lanes, with China detaining Panama-flagged vessels in its ports and U.S. regulators warning of potential fallout for international trade.
Categories: Maritime News

New MARAD Advisory Urges Ships to Disable AIS Tracking in Red Sea as Houthi Threat Lingers

News from gCaptain - Thu, 03/26/2026 - 12:06
The United States is warning commercial shipping that the threat from Yemen’s Houthi militants remains active across the Red Sea and Gulf of Aden—despite a recent lull in attacks—and is...
Categories: Maritime News

Container Rates Extend Rally as Hormuz Crisis Drives Fuel Costs Higher

News from gCaptain - Thu, 03/26/2026 - 11:51
Container freight rates pushed higher for a fourth straight week, as rising fuel costs and ongoing disruption in the Middle East begin feeding directly into global shipping markets. Drewry’s World...
Categories: Maritime News

Trump DOT Rolls Out $488M Port Funding Push to ‘Restore Maritime Dominance’

News from gCaptain - Thu, 03/26/2026 - 11:34
The Trump administration is rolling out nearly half a billion dollars in new port funding, with the U.S. Department of Transportation’s Maritime Administration announcing $488.6 million in grants under the Port Infrastructure Development Program (PIDP), a key federal vehicle for upgrading the nation’s port network and supply chains.
Categories: Maritime News

Ukraine USV Strike Leaves Laden Russian Tanker Adrift Near Bosphorus

News from gCaptain - Thu, 03/26/2026 - 10:38
A Turkish-owned tanker carrying Russian petroleum product was struck overnight by a suspected uncrewed surface vessel (USV) in the Black Sea, in what appears to be an escalation in attacks...
Categories: Maritime News

Hapag-Lloyd Profit Drops Sharply in 2025, Warns of Tougher Year Ahead

News from gCaptain - Thu, 03/26/2026 - 09:57
Hapag-Lloyd delivered solid operational performance in 2025, but a sharp drop in freight rates and rising disruption costs pushed earnings significantly lower as the container shipping market continued to normalize....
Categories: Maritime News

Iran Drafting Law to Introduce Tolls for Hormuz Transit

News from gCaptain - Thu, 03/26/2026 - 09:31
The Iranian parliament is working on a draft bill that would impose a fee on vessels seeking safe passage through the Strait of Hormuz, according to the semi-official Fars news agency.
Categories: Maritime News

Houthis Signal Red Sea Revival as Bab al-Mandab Emerges as Next Flashpoint

News from gCaptain - Thu, 03/26/2026 - 09:11
Yemen's Houthi forces stand ready to strike the Bab al-Mandab Strait in solidarity with Iran, threatening to revive Red Sea shipping chaos. The move could deepen the global oil crisis as the strategic chokepoint controls traffic to the Suez Canal.
Categories: Maritime News
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