News from gCaptain

Oil prices settled down more than 7% on Monday, losing more than $5 a barrel after Iran took no action to disrupt oil and gas tanker traffic through the Strait of Hormuz, but instead attacked a U.S. military base in Qatar in retaliation for U.S. attacks on its nuclear facilities.

 U.S. and Israeli attacks on Iran and Tehran's reprisals have doubled the price of insuring shipments to the Middle East and the Gulf in the last week, insurance sources said on Monday.

U.S. Transportation Secretary Sean P. Duffy delivered a candid keynote address to the U.S. Merchant Marine Academy’s Class of 2025 graduation ceremony on Monday, acknowledging the significant infrastructure challenges faced...

Despite numerous threats throughout its history, the Strait of Hormuz has never been fully closed to maritime traffic—a testament to its critical importance in global energy supply chains. According to...

U.S. strikes on several Iranian nuclear sites represent a meaningful escalation of the Middle East conflict that could lead Tehran to disrupt vital exports of oil and gas from the region, sparking a surge in energy prices. But history tells us that any disruption would likely be short-lived.

The maritime industry’s leading ship management body has issued a strong call against the criminalization of seafarers ahead of the global Day of the Seafarer celebration on June 25th. InterManager,...

South Korean shipbuilder HD Hyundai has entered into a strategic partnership with Edison Chouest Offshore (ECO) to construct commercial vessels in the United States. The partnership, formalized at ECO’s New...

Maritime security firms have issued urgent advisories following U.S. military strikes on Iranian nuclear facilities, warning of heightened risks to commercial shipping in the Middle East’s critical waterways. The strikes,...

Russia’s Yamal LNG project has dispatched the first gas carrier in the direction of Asia via the Northern Sea Route. Two nuclear icebreakers, Yamal and Vaygach, set off ahead of Georgiy Ushakov to scout ahead and escort the LNG vessel. Georgiy Ushakov has reached the East Siberian Sea and is currently following behind nuclear icebreaker Yamal as the two ships encounter thicker remaining winter sea ice. 

At least two supertankers made U-turns near the Strait of Hormuz following U.S. military strikes on Iran, shiptracking data shows, as more than a week of violence in the region prompts vessels to speed, pause, or alter their journeys.Washington's decision to join Israel's attacks on Iran has stoked fears that Iran could retaliate by closing the strait between Iran and Oman through which around 20% of global oil and gas demand flows.

By Curtis Williams HOUSTON, June 22 (Reuters) – The Shell-led SHEL.L LNG Canada project has produced the first liquefied natural gas for export from its facility in Kitimat, British Columbia, two people familiar with the startup...

By Alex Longley and Viktoria Dendrinou Jun 22, 2025, 5:10 AM (Bloomberg) –The shipping industry was placed on high alert on Sunday with warnings that Tehran could retaliate against commercial vessels...

By Daniele Lepido Jun 6, 2025 (Bloomberg) –In early April 2024, Xu Xinyu, an executive director at Ferretti SpA, noticed an SUV and two strange men lingering outside the elegant 18th...

By Ben Blanchard KAOHSIUNG, Taiwan, June 8 (Reuters) – Taiwan’s coast guard held drills with the military on Sunday to better practice joint operations in the face of what the government in Taipei says...

By Crispian Balmer JERUSALEM, June 8 (Reuters) – Israeli Defence Minister Israel Katz told the military on Sunday to stop a charity boat carrying activists including Sweden’s Greta Thunberg who are planning to defy...

The Office of the United States Trade Representative (USTR) has opened a public comment period regarding proposed modifications to its Section 301 trade actions targeting China’s maritime sector dominance. The...

The Australian National Maritime Museum (ANMM) has released its final report confirming the discovery of one of maritime history’s most significant vessels – HMS Endeavour – in Newport Harbor, Rhode...

By Ben Blanchard TAIPEI, June 6 (Reuters) – Taiwan accused China on Friday of raising tensions in the region with a “provocative” military patrol involving warplanes and warships near the island, an...

By Joe Wertz May 30, 2025 (Bloomberg) –Some English fishermen have hit the jackpot this season, hauling in tons of octopus, but the invasion of the eight-legged molluscs also highlights the...

A crew member has died following a maritime incident aboard the US-flagged Tidewater vessel POLARIS on June 2, while conducting operations in the Atlantic Ocean. Tidewater confirmed the fatality in...