Maritime News from gCaptain.com
Thordon Bearings adds production plant to meet growing demand
Thordon Bearings has opened a new manufacturing facility as part of its strategic response to robust growth across all business segments and rising demand for its sustainable bearings and seals....
Categories: Maritime News
Before You Audit the Charge, Audit the Evidence
Why Document Verification Is Becoming Essential in Ocean Freight For years, freight audit has focused primarily on the numbers. Was the correct rate applied? Was the fuel surcharge calculated properly? Does the accessorial match the...
Categories: Maritime News
Ethanol Could Offer Shipping Another Path to Lower Emissions
A new study from the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping finds that ethanol could become a practical alternative fuel for ships, particularly those already equipped with methanol-capable...
Categories: Maritime News
Houthis Kill Three in Strikes on Saudi Arabian Airports
The Houthis struck two airports in Saudi Arabia in the past two days, killing three people and injuring dozens as the Iran-backed militant group intensifies its attacks on the kingdom from Yemen.
Categories: Maritime News
Saudis in Talks to Formalize Hormuz Shuttles in Fight for Market
(Bloomberg) — Saudi Arabia is in talks with customers to offer oil loadings next year outside the Strait of Hormuz in long-term contracts, formalizing a system the kingdom has been...
Categories: Maritime News
U.S. Sanctions 22 More Tankers in Crackdown on Iran’s Shadow Fleet
The United States on Thursday imposed sanctions on 22 tankers and dozens of individuals and companies linked to Iran’s oil trade, expanding its campaign to cut off Tehran’s remaining petroleum...
Categories: Maritime News
U.S. Container Imports Slow After Stronger-Than-Expected Summer
U.S. container imports are finally beginning to slow after an unusually long peak shipping season that stretched through the summer and into early fall, according to the latest Global Port Tracker report from the National Retail Federation (NRF) and Hackett Associates. The slowdown comes after months of stronger-than-expected cargo volumes at major U.S. ports, as retailers continued bringing in merchandise despite tariffs, inflation and higher transportation costs. Ports covered by Global Port Tracker handled 2.3 million twenty-foot equivalent units (TEUs) in August, up 0.4% from July but down 0.7% from a year earlier. August now appears to have been the busiest month of 2026, marking a shift from last month’s forecast that September would take the top spot. “Even with any fluctuations in final data, we’re likely past the busiest part of the year,” said Jonathan Gold, NRF vice president for supply chain and customs policy. “The truth is that the peak season started early and was stretched out through the summer and early fall, with the difference from month to month often amounting to little more than a rounding error,” Gold said. The latest forecast puts September imports at 2.28 million TEUs, down from the 2.31 million TEUs projected a month ago. October is expected to ease further to 2.25 million TEUs before volumes fall to 2 million TEUs in November. Despite the expected slowdown, imports are still running well ahead of last year in some months. September volumes are forecast to rise 8.2% year over year, followed by an 8.5% increase in October. The revised outlook follows a peak season that has repeatedly defied expectations. Retailers moved merchandise into the country earlier this year to get ahead of tariff changes and supply chain uncertainty, initially raising expectations that imports would peak early and decline through the summer. Instead, volumes remained elevated, with shipping delays and resilient consumer demand helping extend the traditional peak season. The strength has been evident at individual ports. The Port of Los Angeles recorded its busiest three-month stretch on record during June, July and August, while the Port of Savannah reported a record September earlier this week, handling 504,015 TEUs, up 3.7% from a year earlier. Hackett Associates founder Ben Hackett said the economic outlook remains mixed, with consumers continuing to spend despite signs of weakening confidence. “Despite this, consumers appear to remain confident and cautious at the same time, with consumer confidence indexes sliding to multi-year lows while consumer spending continues to be robust in the face of increasing inflation,” Hackett said. For the full year, Global Port Tracker now expects imports at major U.S. container ports to reach 25.8 million TEUs, up 1.4% from 25.4 million TEUs in 2025. That is slightly above last month’s forecast of 25.7 million TEUs. Looking ahead, January 2027 imports are forecast at 2.07 million TEUs, down 1.9% year over year, followed by 1.92 million TEUs in February, up 1%. For retailers, the extended shipping season means much of the merchandise needed for the holidays is already in the country, reducing the need for another major import surge before year-end. “Most holiday merchandise has arrived, and the remainder of the year is just a matter of last-minute replenishment and preparation for early 2027,” Gold said.
Categories: Maritime News
Hurricane Isaias Shuts Down Nearly Two-Thirds of Gulf Oil Production
Nearly two-thirds of U.S. Gulf of Mexico oil production has been shut down as Hurricane Isaias strengthens ahead of an expected landfall along the northern Gulf Coast, prompting widespread evacuations...
Categories: Maritime News
Supertankers Racing to Middle East Worsen Global Ship Crunch
(Bloomberg) — Supertankers are racing to the Middle East to cash in on soaring fees for carrying oil through the Strait of Hormuz, exacerbating a global shortage of vessels that...
Categories: Maritime News
Attack Risks Rise for Tankers as Iran Vows to Block More Hormuz Routes
Tankers are facing a higher risk of attacks and intimidation as they try to get critical shipments through the Strait of Hormuz after Iran issued new warnings it would block routes that it has not authorized, sources said.
Categories: Maritime News
TOTE, Hanwha Finalize Deal to Build U.S. Missile Defense Ship
TOTE Services has finalized its contract with the U.S. Maritime Administration to oversee construction of a new generation of missile-tracking ships, clearing the way for Hanwha Philly Shipyard to begin...
Categories: Maritime News
Tanker Attack Off Qatar Signals Wider Threat Beyond Hormuz
A chemical tanker was struck by multiple projectiles off the coast of Qatar on Wednesday, with casualties reported among its crew, in the latest attack on commercial shipping as violence...
Categories: Maritime News
UK Sanctions 12 More ‘Shadow-Fleet’ Tankers as Russia’s Arctic Traffic Grows
The United Kingdom on Thursday sanctioned 12 oil tankers it identified as part of Russia's shadow fleet, including the 22-year-old Dakar that is currently making an unusual late-season voyage on the Northern Sea Route.
Categories: Maritime News
Turkey Says Russia, Ukraine Increasing Attacks in Black Sea Ahead of Winter
Intensifying attacks by Russia and Ukraine ahead of the winter are further endangering navigational safety in the Black Sea, Turkish Foreign Minister Hakan Fidan said on Thursday, adding that world powers must not allow the region to be turned into a new front in the war.
Categories: Maritime News
Subcontinent Ports Benefiting from Geopolitical Disruptions
Today's trade flows resemble a windy waterpark slide more than the traditional waterway superhighway. The three-dimensional chess game being played by ocean carriers and tankers has delivered big bucks in day rates, container rates, and surcharges. But there is a group of winners not currently being highlighted.
Categories: Maritime News
Mexican Auto Exports Slump in September as US Tariffs Take Toll
Mexico's auto exports posted their biggest slump so far this year, data from statistics office INEGI showed on Wednesday, a decline analysts attributed to tariff policies from the US, the biggest market for the Latin American country's top industrial sector.
Categories: Maritime News
Sanctioned 22-Year-Old Tanker Makes Rare Late-Season Arctic Voyage
A 22-year-old product tanker sanctioned by the European Union is making an unusual late-season voyage along Russia's Northern Sea Route, highlighting the growing use of older, lower-specification vessels to move petroleum products through the Arctic.
Categories: Maritime News
South Korea Denies Ukrainian Report That It Eased Russia’s Fuel Crisis
South Korea's presidential office on Wednesday dismissed a Ukrainian report that Russia has imported petroleum products from South Korean ports, calling the accusation inappropriate.
Categories: Maritime News
Asia’s maritime community to take centre stage at upcoming WISTA 2026
The strength, dynamism and diversity of Asia’s buoyant maritime community will be evident at the 2026 WISTA AGM and Conference gathering in Kuala Lumpur later this month, as industry leaders,...
Categories: Maritime News
ABS Issues AIP and Completes Basic Design Review for SHI’s Entire FLNG Topsides Facilities
ABS has issued approval in principle (AIP) and completed a basic design review (BDR) for a natural gas liquefaction system developed by Samsung Heavy Industries (SHI) for the topside of...
Categories: Maritime News