News
Articles

From
Bloomberg
via
gCaptain
Trump Hardens Stance on Iran, Clouding Hopes for Hormuz Deal
US President Donald Trump hardened his stance toward Iran as negotiations to reopen the Strait of Hormuz continue, pronouncing that the Islamic Republic must pay reparations for past attacks.

From
Mike Schuler
via
gCaptain
Jones Act Waiver Extension Deepens Divide Over U.S. Maritime Policy
The Trump administration’s decision to extend its Jones Act waiver for another 90 days is drawing sharply divided reactions, with U.S. maritime and shipbuilding groups welcoming new restrictions on foreign...

From
Reuters
via
gCaptain
Trump Demands Compensation From Iran as Hormuz Deal Hopes Fade
U.S. President Donald Trump on Monday demanded Iran pay compensation for the people he said it had killed in wars, attacks and protests, in a move that will likely complicate efforts to reopen the Strait of Hormuz.

From
Mike Schuler
via
gCaptain
Car Carrier Abandoned After Catching Fire 630 Miles Off Costa Rica
The U.S. Coast Guard coordinated the rescue of 22 crew members from a vehicle carrier after an engine room fire forced the crew to abandon ship roughly 630 miles south...

From
Reuters
via
gCaptain
White House Extends Jones Act Waiver in Longest Suspension in Law’s History
President Donald Trump has extended for 90 days a waiver allowing foreign-flagged ships to transport oil and other commodities between U.S. ports, but imposed new limits after shipbuilders and their allies in Congress argued the policy was undermining the domestic maritime industry, the White House said.

From
Reuters
via
gCaptain
Oman Says Massive Oil Spill from Grounded Shadow Fleet Tanker
An oil slick is covering an area of around 390 square kilometers (150 square miles) off the coast of Oman, the country's government said on Monday, after a vessel under sanctions and carrying Russian crude sustained damage.

From
Mike Schuler
via
gCaptain
Maersk and Hapag-Lloyd Expand Red Sea Return With New Jeddah Call
Maersk and Hapag-Lloyd are expanding their renewed use of the Red Sea and Suez Canal, adding a call at Saudi Arabia’s Jeddah to their AE15 Asia-Mediterranean service even as renewed...

From
Mike Schuler
via
gCaptain
Shadow Fleet Tanker Captain Sentenced to 10 Months After Weeks-Long Coast Guard Chase
The former master of a shadow fleet tanker linked to Iranian and Venezuelan oil shipments has been sentenced to 10 months in federal prison after refusing orders to stop during...

From
Reuters
via
gCaptain
Iran Ties Hormuz Reopening to US Concessions on Several Demands
Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must meet other conditions, including compensation and an end to sanctions and military threats, before the strategic waterway is reopened.

From
Bloomberg
via
gCaptain
Record-Low Danube Strains Vital Route for Black Sea Grain
Black Sea grain exports are facing fresh constraints as record-low Danube levels restrict flows through Romania just as escalating Russian strikes divert Ukrainian grain from Odesa and other ports.

From
Reuters
via
gCaptain
Scientists Turn To Sharks To Improve Hurricane Predictions
By Marta Serafinko Aug 8 (Reuters) – From the killer shark of “Jaws” to the tornado-tossed predators of the “Sharknado” movies, films long have portrayed sharks as objects of summer fear. But when a shark cuts through the...

From
Mike Schuler
via
gCaptain
MSC Baltic III Wreck Being Pulled Ashore in Newfoundland
Wreck removal crews have begun the slow process of pulling the grounded containership MSC Baltic III toward shore in Newfoundland and Labrador, marking a major new phase in a salvage operation that...