News from gCaptain
IMO Net-Zero Talks Resume With Carbon Pricing at Center of Debate
Governments will return to London next week for another round of negotiations over the International Maritime Organization’s Net-Zero Framework, with countries still sharply divided over the future of the landmark...
Categories: Maritime News
Capacity Squeeze Looms as Panama Canal Restrictions Tighten
CMA CGM has postponed its $150 per TEU Low Water Surcharge on cargo moving from South America’s west coast through the Panama Canal, where more restrictions on draught and transits are expected.
Categories: Maritime News
Rhine Water Stable After Rain, More Wet Weather Expected to Help
Water levels on the river Rhine in Germany remained stable this week, holding above record lows after recent rain and allowing vessels to carry larger cargoes, the country's inland navigation agency said on Friday.
Categories: Maritime News
US-Flagged Cargo Ship SLNC York Evacuated After Taking on Water in Pacific
The crew of the US-flagged cargo ship SLNC York has been safely evacuated after the vessel began taking on water in the Pacific Ocean, according to operator Schuyler Line Navigation Company (SLNC)....
Categories: Maritime News
South Korea Tests Arctic Shipping Route to Europe
South Korea will flag off on Saturday a container ship bound for Europe via the Arctic, testing whether a route opened by melting sea ice can be commercially viable, but risking friction with Western allies, as the voyage requires Russian cooperation.
Categories: Maritime News
Three Chinese Tankers U-Turn in Hormuz as Risks Remain High
Three China-linked supertankers have U-turned in the Strait of Hormuz as risks to shipping remain elevated, with prospects for a normalization of traffic dimming after President Donald Trump took a hard line on Iran.
Categories: Maritime News
Russia and Ukraine’s Black Sea Grain Exports Grind to a Virtual Halt
Attacks on shipping have shut down more than 97% of Russia and Ukraine's grain export capacity in the Azov and Black Sea basin, cutting off a major source of low-cost supplies and helping to drive up global prices.
Categories: Maritime News
Port of Corpus Christi Joins U.S. Push for Nuclear-Powered Shipping
The Port of Corpus Christi has joined the Trump administration’s push to bring nuclear technology into the U.S. maritime sector, signing an agreement with the U.S. Maritime Administration to explore...
Categories: Maritime News
Navigator Gas Sees U.S. Gas Export Boom Driving Handysize Demand
Navigator Gas posted the strongest quarterly results in its 25-year history as booming U.S. gas exports and longer trade routes helped lift vessel earnings and terminal volumes to record levels.
Categories: Maritime News
Hapag-Lloyd’s Zim Takeover Hits Regulatory Headwinds
Forwarders have backed the objections of Brazilian authorities and Israeli legislators in questioning the looming Hapag-Lloyd acquisition of Zim – pushback against more consolidation within liner shipping.
Categories: Maritime News
Davie’s Helsinki Yard Secures Contract to Build Finland’s Newest Icebreaker
Davie’s Helsinki Shipyard has won a contract to build Finland’s newest icebreaker, adding another vessel to a rapidly expanding order book for the Canadian shipbuilder’s Finnish operations as governments on both sides of the Atlantic seek to renew aging icebreaker fleets.
Categories: Maritime News
U.S., Canada Monitor Chinese Icebreaker in Arctic as It Deploys Dozens of Observation Buoys
A U.S. Coast Guard icebreaker and Canadian warship have spent nearly a month monitoring a Chinese research icebreaker in the Arctic as it conducts an unusually extensive survey operation, including the deployment of more than 30 ice-based buoys across the high Arctic.
Categories: Maritime News
China Completes First Stage of Work at Disputed South China Sea Reef, Images Show
China has completed the first phase of construction on Antelope Reef in the Paracels archipelago, building a man-made island in the hotly-disputed South China Sea that analysts say will form part of its largest military base.
Categories: Maritime News
Trump Takes Iran Hard Line as Hormuz Tensions Set New Normal
US President Donald Trump insisted Tuesday that there were no talks ongoing with Iran, leaving the simmering conflict in the Middle East and control of the Strait of Hormuz stuck in limbo.
Categories: Maritime News
Hornbeck Offshore Backs Maritime Nuclear Push With Deployable Energy
Hornbeck Offshore Services is teaming up with nuclear technology developer Deployable Energy to explore the use of compact nuclear reactors aboard vessels and other offshore installations, including floating data centers...
Categories: Maritime News
Trump’s Plan for Foreign-Built Navy Ships Runs Into Resistance
President Donald Trump’s push to open U.S. Navy shipbuilding to foreign yards is running into resistance from American shipbuilders and lawmakers who argue the policy risks sending jobs and critical...
Categories: Maritime News
Cargo Ship Destroyed in New Attack Off Yemen
A cargo ship has been declared a constructive total loss after being struck by multiple unknown projectiles off Yemen, marking another attack in an increasingly volatile southern Red Sea. UK...
Categories: Maritime News
Port of Los Angeles Nears 1 Million TEUs in Second-Busiest July
The Port of Los Angeles handled nearly 1 million containers in July, extending a run of historically strong cargo volumes even as an early peak shipping season begins to wind...
Categories: Maritime News
U.S. Lifts Decade-Old Security Restrictions on Ships Arriving From Nigeria
The United States has lifted security restrictions imposed on vessels arriving from Nigeria after more than a decade, the Marine and Blue economy Minister Adegboyega Oyetola said on Tuesday, in a move expected to cut shipping costs and boost the competitiveness of Nigerian ports.
Categories: Maritime News
Opinion: Oil Market Starts Pricing in a Prolonged Hormuz Crisis
The oil market is increasingly behaving as though disruptions to Middle East energy supplies are not a temporary shock but a new reality.
Categories: Maritime News
