News
Articles

From
Lori Ann LaRocco
via
gCaptain
Historic Cold Pushed U.S. Coast Guard Icebreaking Fleet to the Limit in 2026
The icebreaking season for the U.S. Coast Guard was longer this year after a series of storms ravaged the country.

From
Malte Humpert
via
gCaptain
EU Russian Arctic LNG Imports Hit $4.4bn Record Despite Sanctions Measures
European Union imports of Russian Arctic liquefied natural gas from the Yamal LNG project hit a record high in the first four months of 2026, despite the bloc introducing measures intended to curb purchases of Russian fuel.

From
Mike Schuler
via
gCaptain
U.S. Confirms Iranian Attack on U.S. Navy Destroyers in Strait of Hormuz
Three U.S. Navy destroyers came under missile, drone and small-boat attack while transiting the Strait of Hormuz on Thursday, according to U.S. Central Command. In a statement released Thursday morning,...

From
Mike Schuler
via
gCaptain
House Labor Caucus Joins Growing Backlash Against Trump’s Jones Act Waiver Extension
Opposition to the Trump administration’s sweeping Jones Act waiver extension is continuing to widen, with top House labor lawmakers now joining a growing coalition of maritime unions, domestic operators, and industry groups...

From
Mike Schuler
via
gCaptain
Trump Administration Launches Nuclear-Powered Shipping Push to Revive U.S. Maritime Industry
The Trump administration is opening the door to nuclear-powered commercial shipping in what could become one of the most ambitious attempts in decades to reshape the future of the U.S....

From
Mike Schuler
via
gCaptain
Australia Bans Liberian-Flagged Bulker From Ports Amid Crackdown on Crew Exploitation
Australia has banned another foreign-operated ship from its ports after inspectors discovered seafarers had been underpaid and unlawfully charged for drinking water, escalating a widening crackdown on labor abuses in...

From
Mike Schuler
via
gCaptain
U.S. Sanctions Iraq’s Deputy Oil Minister Over Alleged Iranian Oil Scheme
The Trump administration on Thursday escalated its economic campaign against Iran by sanctioning Iraq’s deputy oil minister and multiple militia-linked companies accused of helping Tehran smuggle oil and finance armed...

From
Mike Schuler
via
gCaptain
UNCTAD: Hidden Trade Barriers, Not Tariffs, Are Driving Export Costs Higher
UN Trade and Development is warning that the biggest barriers to global trade are increasingly found not in tariffs, but in the technical, regulatory and certification requirements exporters must navigate...

From
Mike Schuler
via
gCaptain
Container Spot Rates Snap Back as Carriers Push Emergency Surcharges Amid Hormuz Tensions
Container spot rates rebounded this week after three consecutive weekly declines, as ocean carriers pushed through a new wave of emergency fuel and peak season surcharges tied to rising operational...

From
Mike Schuler
via
gCaptain
Hijacked Tanker Off Yemen Deepens Fears of Somali Piracy Resurgence
European naval forces have confirmed the hijacking of an oil tanker off Yemen after armed individuals reportedly boarded the vessel near Qana Port before steering it toward the Gulf of...

From
Mike Schuler
via
gCaptain
Maersk Holds 2026 Outlook as Ocean Volumes Surge Despite Rate Pressure
A.P. Moller – Maersk reported solid first-quarter 2026 results on Thursday, posting strong volume growth across all business segments despite continued pressure on container freight rates and ongoing geopolitical volatility. The...

From
Reuters
via
gCaptain
Maersk Says Energy Crunch to Persist Even If Iran Peace Deal Struck
Shipping group Maersk MAERSKb.CO beat first-quarter profit forecasts on Thursday but warned the Iran war had pushed its fuel costs up by nearly $500 million a month and that the energy crisis would persist even if a peace deal was reached.