News from gCaptain

The U.S. is intensifying its push against the International Maritime Organization’s proposed global carbon pricing regime, with Federal Maritime Commission Chairman Laura DiBella urging member states this week to consider alternatives to the stalled Net Zero Framework (NZF) during high-level talks in London.

Spot container rates extended their downward trend for a third consecutive week, underscoring the growing disconnect between geopolitical disruption and underlying market fundamentals. According to the latest weekly update from Drewry,...

Israel has intercepted aid ships bound for Gaza in international waters near Greece, flotilla organizers said on Thursday, decrying the move as an "escalation of Israel's impunity."

The U.S. is pushing for other countries to form an international coalition to restore freedom of navigation in the Strait of Hormuz, according to a State Department cable seen by Reuters, as oil prices surged to their highest in more than four years on fears of longer-term disruptions to global fuel supplies.

The Iran war is accelerating a shift toward renewable energy as governments race to reduce supply-chain vulnerabilities, according to UNFCCC Executive Secretary Simon Stiell.

Top U.S. military leaders including Admiral Brad Cooper, the head of Central Command, will brief President Donald Trump later on Thursday on potential military action against Iran, a U.S. official told Reuters.

Coconut oil is not immediately associated with risk, but its carriage can release toxic vapours and cause oxygen depletion in enclosed spaces. Manish Nayyar, Senior Loss Prevention Executive, NorthStandard, explains...

The US is seeking forfeiture of two Iran-linked oil tankers seized by naval forces enforcing a blockade against the Islamic Republic, according to a senior administration official.

ABS, through its affiliate ABSG Consulting Inc. (ABS Consulting), has today announced the acquisition of RMC Global (RMC), a leading provider of industrial cybersecurity, risk management and resiliency solutions.   The acquisition strengthens...

Why America’s Cargo Demand Is Building Maritime Capacity Everywhere but at Home By Bruce Kimbrell (Policy Op-Ed)   I spent last week at the Sea-Air-Space Conference at the Gaylord in Maryland...

Three years after bankrupt retailer Bed Bath & Beyond accused Orient Overseas Container Line of auctioning off contracted vessel space to higher-paying cargo during the pandemic supply chain crisis, a Federal Maritime...