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From
Reuters
via
gCaptain
Between Cartel Threats And US Airstrikes, Ecuador Fishermen Have Nowhere To Hide
By Alexandra Valencia and Yury Garcia JARAMIJO/SAN MATEO, Ecuador, August 15 (Reuters) – At first light on Ecuador’s Pacific coast, small fishing boats fan out from the villages of San Mateo and...
From
Mike Schuler
via
gCaptain
Iranian Attacks Push Hormuz Shipping Toward Tehran-Controlled Route
Iranian attacks on commercial shipping are pushing more vessels away from the U.S.-coordinated route through Omani waters and toward the northern, Tehran-controlled corridor through the Strait of Hormuz, according to...
From
Reuters
via
gCaptain
Two Slicks Appear in Gulf as Huge Oil Spill Off Oman Threatens Disaster
Two slicks have appeared in Iranian waters, satellite imagery and video verified by Reuters show, as tit-for-tat attacks on oil tankers and other vessels by Iran and the United States spark concerns about environmental damage to the Gulf.
From
Mike Schuler
via
gCaptain
Two Tankers Attacked as UAE Expands Hormuz Oil Shuttle
Two tankers affiliated with Abu Dhabi National Oil Co. were struck by drones while sailing outbound through the Strait of Hormuz, just a day after reports emerged that the UAE...
From
Mike Schuler
via
gCaptain
U.S. Extends Jones Act Waiver Another 90 Days, Adds U.S.-Flag Vessel Availability Test
The Trump administration has extended its emergency Jones Act waiver for another 90 days while substantially tightening the process for using foreign-flag vessels in domestic trades, including a new requirement...
From
Reuters
via
gCaptain
US Warns Iran It Will Step Up Economic Pressure; Two More Ships Attacked in Hormuz
Transit through the Strait of Hormuz appeared to grind to a near standstill on Friday after two more ships were attacked there and the United States said it could maintain a naval blockade of Iran indefinitely.
From
Lori Ann LaRocco
via
gCaptain
Hormuz Shipping Traffic Shows No Sign of Recovery
Latest trade data show no dramatic changes in the flow of trade through the Strait of Hormuz and Bab el-Mandeb.
From
Bloomberg
via
gCaptain
Korea’s SK Shipping, H-Line Swap Tankers to Create LNG Giant
South Korean shipping companies SK Shipping Co. and H-Line Shipping Co. — both owned by private equity firm Hahn & Co. — will swap tankers and contracts to create one of the world’s largest operators of liquefied natural gas carriers.
From
Mike Schuler
via
gCaptain
Hormuz Disruption Cuts Both Ways for Maersk and Hapag-Lloyd
The disruption in the Strait of Hormuz is proving both costly and profitable for container shipping, with Gemini Cooperation partners Maersk and Hapag-Lloyd reporting sharply higher operating costs alongside stronger...
From
Mike Schuler
via
gCaptain
Major Salvage Effort Begins for Grounded Shadow Fleet Tanker Off Oman
Ambrey has launched a major international salvage operation for the grounded tanker Caroline Bezengi off Oman, deploying specialist personnel and equipment as crews race to stabilize the vessel amid a rapidly expanding...
From
Malte Humpert
via
gCaptain
Arctic Ice Damages Tanker as Russia Ramps Up Northern Sea Route Oil Shipments
A tanker suffered serious damage to its hull while navigating through Arctic sea ice despite being assisted by an icebreaker, highlighting the risks facing vessels using Russia’s Northern Sea Route as Moscow rapidly expands oil shipments through the Arctic.
From
Reuters
via
gCaptain
Maersk Raises Outlook for Second Time This Year After Second-Quarter Profit Surge
Danish shipping group Maersk MAERSKb.CO on Thursday smashed profit forecasts and raised its full-year earnings guidance for a second time this year as the Middle East conflict, port congestion and strong demand pushed freight rates higher.