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From
Bloomberg
via
gCaptain
Hungary Stops Nuclear Plant For First Time As Danube River Dries Up
By Zoltan Simon Aug 2, 2026 (Bloomberg) –Hungary is fully shutting down its sole nuclear power plant for the first time due to the record low levels of the Danube River,...

From
Bloomberg
via
gCaptain
Turkey Said To Extend Iraq Oil Pipeline Deal By One Year
By Firat Kozok, Patrick Sykes and Khalid Al-Ansary Aug 1, 2026 (Bloomberg) –Turkey reached an agreement with Iraq to extend an expired oil pipeline deal by one year and increase flows...

From
Reuters
via
gCaptain
As Seaweed Piles Up, Caribbean Bets On Boats, Barriers And Biofuel
By Sarah Morland MEXICO CITY, July 31 (Reuters) – Hundreds of Mexican hotel workers, tractor operators and specialized Navy personnel are heading out to the beach each day at dawn to clean record masses of...

From
Mike Schuler
via
gCaptain
GasLog LNG Carrier Damaged Exiting Hormuz as UKMTO Reports Two New Attacks
A GasLog-operated LNG carrier sustained damage while exiting the Strait of Hormuz on Friday as maritime security authorities reported two separate security incidents near the strategic waterway, highlighting the continued...

From
Reuters
via
gCaptain
China Coast Guard Patrols Waters East of Taiwan, Angering Taipei
China's coast guard conducted patrols it described as routine law enforcement in waters east of Taiwan on Friday, angering Taipei, which condemned the move as a political operation aimed at expanding Beijing's control.

From
Lori Ann LaRocco
via
gCaptain
‘Significant Shrinking’ in Crude Cushion In Coming Months – Vortexa
New energy data shows the crude cushion that has been built up will be shrinking in the next 2-3 months unless geopolitics improve. In a webinar, Vortexa explained, with Atlantic Basin inflows already slowing and China drawing inventories at up to ~1 mb/d, they see a high risk of significant tightening within the next 2–3 months and estimate that China’s extra crude buffer built since 2025 could be largely worked down within about four months if current draw rates persist.

From
Reuters
via
gCaptain
Oil Spill from Shadow Fleet Tanker Spreading Off Oman, Satellite Images Show
A sanctions-hit tanker is leaking oil off the coast of Oman and the spill has spread in recent days, increasing concern about possible environmental damage to coastal areas, according to an analysis of satellite imagery and shipping specialists.

From
The Loadstar
via
gCaptain
Carrier Discounts Push Container Spot Rates Lower Ahead of August GRIs
By Gavin van Marle (The Loadstar) – Container spot freight rates on the transpacific and Asia-Europe trades saw another week of single-digit declines, in the absence of carrier-led price hikes....

From
Mike Schuler
via
gCaptain
EU Proposal to Add Two Indian Ship Recycling Yards Sparks Environmental Backlash
The European Commission is facing criticism from environmental campaigners after proposing to add two Indian ship recycling facilities to the EU’s approved list of ship recycling yards, a move opponents...

From
Bloomberg
via
gCaptain
Italy Becomes EU’s Top LNG Importer as Purchases Elsewhere Lag
Italy became Europe’s top importer of liquefied natural gas in July as traders made use of government incentives to keep buying cargoes despite soaring prices, while neighboring countries held back on costly purchases and allowed storage levels to lag.

From
Lori Ann LaRocco
via
gCaptain
Maritime Expert Warns Against Underestimating the Houthis’ Resolve
By Lori Ann LaRocco – The unattributed drone attack on the Port of Damietta in Egypt is adding to fears that the war with Iran is spilling over into other...

From
Reuters
via
gCaptain
Saudi Arabia Unveils Plans for Multinational Red Sea Maritime Security Coalition
Saudi Arabia on Thursday unveiled plans for a multinational maritime defense coalition aimed at protecting international shipping and energy supply routes in the Red Sea region after attacks by Yemen's Iran-aligned Houthis disrupted one of the world's busiest trade corridors.