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Carrier Discounts Push Container Spot Rates Lower Ahead of August GRIs
News
July 31, 2026
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....
EU Proposal to Add Two Indian Ship Recycling Yards Sparks Environmental Backlash
News
July 31, 2026
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...
Italy Becomes EU’s Top LNG Importer as Purchases Elsewhere Lag
News
July 31, 2026
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.
Maritime Expert Warns Against Underestimating the Houthis’ Resolve
News
July 30, 2026
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...
Saudi Arabia Unveils Plans for Multinational Red Sea Maritime Security Coalition
News
July 30, 2026
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.
Onboard Carbon Capture Edges Toward Commercial Reality, But Challenges Remain
News
July 30, 2026
From 
Paul Morgan
 via 
gCaptain

Onboard Carbon Capture Edges Toward Commercial Reality, But Challenges Remain

Onboard carbon capture and storage, OCCS for short, has moved well beyond laboratory work. Several systems are now operating at sea. One full-scale installation is demonstrating capture of around fifty...
Container Spot Rates Fall for Third Straight Week as Demand Continues to Ease
News
July 30, 2026
From 
Mike Schuler
 via 
gCaptain

Container Spot Rates Fall for Third Straight Week as Demand Continues to Ease

Global container spot freight rates declined for a third consecutive week, with weakening demand and the end of the front-loading surge continuing to weigh on major east-west trade lanes, according...
GAO Warns Gaps in TWIC Program Could Leave U.S. Ports Exposed to Security Risks
News
July 30, 2026
From 
Mike Schuler
 via 
gCaptain

GAO Warns Gaps in TWIC Program Could Leave U.S. Ports Exposed to Security Risks

A new report from the U.S. Government Accountability Office (GAO) says weaknesses in the Transportation Worker Identification Credential (TWIC) program—including inconsistent communication, incomplete oversight, and delays in deploying biometric card...
Qatar Sends First LNG Shipment Through Hormuz in Three Weeks
News
July 30, 2026
From 
Bloomberg
 via 
gCaptain

Qatar Sends First LNG Shipment Through Hormuz in Three Weeks

Qatar has sent its first shipment of liquefied natural gas through the Strait of Hormuz since one of its tankers was attacked in the waterway more than three weeks ago.
London Insurers Widen Red Sea High-Risk Zone After Houthi Attacks
News
July 30, 2026
From 
Reuters
 via 
gCaptain

London Insurers Widen Red Sea High-Risk Zone After Houthi Attacks

London's marine insurance market has widened the area in the Red Sea it deems as ?high risk after attacks on ships by Yemen's Houthi movement but Egyptian waters were excluded, according to a July 29 advisory.
Middle East War Expands to Mediterranean With Drone Strike at Key Egypt LNG Terminal
News
July 29, 2026
From 
Reuters
 via 
gCaptain

Middle East War Expands to Mediterranean With Drone Strike at Key Egypt LNG Terminal

Explosions hit a natural gas loading port on the Mediterranean Sea in Egypt on Wednesday, and British maritime security company Ambrey said a U.S.-owned floating storage tanker there had been hit by a drone, in a potential spread of the Middle East war.
Trump Warns Iran of ‘Beating’ After Jordan Base Attack
News
July 29, 2026
From 
Bloomberg
 via 
gCaptain

Trump Warns Iran of ‘Beating’ After Jordan Base Attack

(Bloomberg) — President Donald Trump said the US would hit Iran hard after a recent attack that targeted a military base in Jordan, as the war in the Middle East...