News

 Articles

View All
Panama Canal Near Capacity as Hormuz Crisis Drives Surge in U.S. Energy Exports
News
May 21, 2026
From 
Mike Schuler
 via 
gCaptain

Panama Canal Near Capacity as Hormuz Crisis Drives Surge in U.S. Energy Exports

Traffic through the Panama Canal is climbing sharply as disruption in the Strait of Hormuz drives more U.S. energy exports toward Asia and Pacific markets, pushing the waterway close to...
IMO Adopts First-Ever Global Rules for Autonomous Ships
News
May 21, 2026
From 
Mike Schuler
 via 
gCaptain

IMO Adopts First-Ever Global Rules for Autonomous Ships

The International Maritime Organization has adopted the world’s first international framework governing autonomous commercial ships, marking a major milestone in shipping’s push toward remotely operated and fully autonomous vessels.  The new non-mandatory...
Drewry: Container Spot Rates Continue Climb as Early Peak Season Gains Momentum
News
May 21, 2026
From 
Mike Schuler
 via 
gCaptain

Drewry: Container Spot Rates Continue Climb as Early Peak Season Gains Momentum

Container freight rates continued their upward march this week as carriers pushed ahead with higher pricing on major East-West trade lanes amid signs that the traditional peak shipping season is...
No Full Hormuz Flows Until First Half of 2027, UAE’s Oil Giant Says
News
May 21, 2026
From 
Reuters
 via 
gCaptain

No Full Hormuz Flows Until First Half of 2027, UAE’s Oil Giant Says

Full oil flows through the Strait of Hormuz will not return before the first or second quarter of 2027, even if the Middle East conflict ended now, the head of the United Arab Emirates' state oil firm ADNOC said.
Iran Draws New Maritime ‘Oversight Zone’ Across Strait of Hormuz
News
May 20, 2026
From 
Mike Schuler
 via 
gCaptain

Iran Draws New Maritime ‘Oversight Zone’ Across Strait of Hormuz

Iran’s self-declared Persian Gulf Strait Authority (PGSA) has published what appears to be the clearest geographic definition yet of the maritime zone it claims authority over in the Strait of...
Inside Iran’s Expanding Hormuz Transit System: Checkpoints, Diplomatic Deals and Passage Fees
News
May 20, 2026
From 
Reuters
 via 
gCaptain

Inside Iran’s Expanding Hormuz Transit System: Checkpoints, Diplomatic Deals and Passage Fees

The tanker crew gathered their courage and carefully navigated along a route designated by Iran, hugging the coastline and maneuvering their hulking vessel between island checkpoints through the Strait of Hormuz.
U.S. Marines Board Iranian Tanker in Gulf of Oman
News
May 20, 2026
From 
Mike Schuler
 via 
gCaptain

U.S. Marines Board Iranian Tanker in Gulf of Oman

U.S. Marines boarded and redirected an Iranian-flagged oil tanker in the Gulf of Oman on Tuesday as Washington continued tightening enforcement of its maritime blockade targeting vessels trading with Iran....
WinGD Lands World-First Ethanol Engine Order for Vale Ore Carriers
News
May 20, 2026
From 
Mike Schuler
 via 
gCaptain

WinGD Lands World-First Ethanol Engine Order for Vale Ore Carriers

Swiss engine designer WinGD has secured the maritime industry’s first confirmed order for ethanol-fuelled two-stroke engines powering ocean-going bulk carriers, marking another major milestone in shipping’s race toward alternative fuels. The company...
Hormuz Closure Could Send Oil to $200 and Trigger Global Recession, Wood Mackenzie Warns
News
May 20, 2026
From 
Mike Schuler
 via 
gCaptain

Hormuz Closure Could Send Oil to $200 and Trigger Global Recession, Wood Mackenzie Warns

A prolonged closure of the Strait of Hormuz could become the most severe global energy supply shock in decades, with oil prices potentially nearing $200 per barrel in a worst-case...
Shipping Industry Issues Stark New Hormuz Transit Guidance as Risks Mount
News
May 20, 2026
From 
Mike Schuler
 via 
gCaptain

Shipping Industry Issues Stark New Hormuz Transit Guidance as Risks Mount

The global shipping industry has released sweeping new guidance for vessels transiting the Strait of Hormuz, warning that even if the waterway remains technically open, conditions inside the chokepoint may...
UK Opens Door to Diesel and Jet Fuel Made From Russian Crude
News
May 20, 2026
From 
Mike Schuler
 via 
gCaptain

UK Opens Door to Diesel and Jet Fuel Made From Russian Crude

The UK government has quietly loosened part of its Russia sanctions regime, issuing a new general trade licence that allows imports and related trade involving diesel and jet fuel refined...
New UAE Pipeline Bypassing Hormuz Now 50% Complete, ADNOC CEO Says
News
May 20, 2026
From 
Reuters
 via 
gCaptain

New UAE Pipeline Bypassing Hormuz Now 50% Complete, ADNOC CEO Says

A new crude oil pipeline that bypasses the Strait of Hormuz and which the United Arab Emirates began building last year is now 50% complete, the CEO of state oil giant ADNOC, Sultan Al Jaber, said on Wednesday.