News from gCaptain

Greece, home to the world’s second-largest merchant fleet, is walking back from supporting a global maritime carbon tax that has drawn backlash from Washington.

A service boat carrying crew members capsized alongside the Scorpio-managed oil/chemical tanker Sea Quest at the outer anchorage of Beira, Mozambique on Thursday, leaving seven people missing and multiple casualties....

The Drewry World Container Index increased 2% to $1,687 per 40ft container this week, marking the first increase following 17 consecutive weeks of decline. Spot rates from Shanghai to Los...

The head of the US Southern Command is visiting key Caribbean nations this week, as President Donald Trump’s administration surges forces into the region in a bid to hem in Venezuela. 

China’s retaliatory port levies are exposing oil shipping companies to hefty fees, making them scramble for relevant paperwork, and contributing to delays, cancellations and spiraling freight costs.

Most Iranian-flagged tankers have begun transmitting properly over the Automatic Identification System (AIS) without spoofing for the first time in seven and a half years, according to TankerTrackers.com. The sudden...

California Governor Gavin Newsom has vetoed Senate Bill 34, legislation that would have imposed new requirements on the South Coast Air Quality Management District when regulating emissions from operations at...

The National Transportation Safety Board has released its investigation report into the June 18, 2023, implosion of the submersible Titan, concluding that OceanGate’s inadequate engineering process and flawed analysis of...

The United Kingdom has sanctioned China’s Beihai LNG terminal as part of a comprehensive package targeting Russia’s energy sector and its international enablers, marking a significant escalation in Western efforts...

Trading firms have diverted at least five more crude oil tankers from a major port in eastern China after the U.S. imposed sanctions on an import terminal there, according to trading sources and shipping data.

The CMA CGM Group has signed a letter of intent with Cochin Shipyard Limited (CSL), India’s largest state-owned shipbuilder, to build six dual-fuel LNG containerships in India, marking the first...

The U.S. Coast Guard announced it has seized more than 100,000 pounds of cocaine in the Eastern Pacific Ocean since launching Operation Pacific Viper in early August, averaging over 1,600...

As the International Maritime Organization convenes this week to vote on its Net-Zero Framework, the Wall Street Journal Editorial Board has issued a sharp rebuke of what it characterizes as...

The United Kingdom announced 90 new sanctions targeting Russia’s energy sector, directly hitting oil giants Rosneft and Lukoil in an effort to cut off funding for the Kremlin’s military operations...

A new, bespoke 26-metre research vessel designed by global digital shipbuilder Incat Crowther  for the Cape Fear Community College (CFCC) in Wilmington, North Carolina, USA is now under  construction at...

Around six weeks after running aground in Canada’s Arctic waters Dutch cargo vessel Thamesborg and its icebreaker and tug escort have left the waters of the Northwest Passage. The convoy is traveling southward in Baffin Bay towards the Davis Strait and will leave Arctic waters in the next few days.