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China Is Escalating Panama Port Dispute With Surge in Ship Detentions, U.S. Regulator Warns
News
March 26, 2026
From 
Mike Schuler
 via 
gCaptain

China Is Escalating Panama Port Dispute With Surge in Ship Detentions, U.S. Regulator Warns

A simmering dispute over control of key Panama Canal terminals is now spilling into global shipping lanes, with China detaining Panama-flagged vessels in its ports and U.S. regulators warning of potential fallout for international trade.
New MARAD Advisory Urges Ships to Disable AIS Tracking in Red Sea as Houthi Threat Lingers
News
March 26, 2026
From 
Mike Schuler
 via 
gCaptain

New MARAD Advisory Urges Ships to Disable AIS Tracking in Red Sea as Houthi Threat Lingers

The United States is warning commercial shipping that the threat from Yemen’s Houthi militants remains active across the Red Sea and Gulf of Aden—despite a recent lull in attacks—and is...
Container Rates Extend Rally as Hormuz Crisis Drives Fuel Costs Higher
News
March 26, 2026
From 
Mike Schuler
 via 
gCaptain

Container Rates Extend Rally as Hormuz Crisis Drives Fuel Costs Higher

Container freight rates pushed higher for a fourth straight week, as rising fuel costs and ongoing disruption in the Middle East begin feeding directly into global shipping markets. Drewry’s World...
Ukraine USV Strike Leaves Laden Russian Tanker Adrift Near Bosphorus
News
March 26, 2026
From 
Mike Schuler
 via 
gCaptain

Ukraine USV Strike Leaves Laden Russian Tanker Adrift Near Bosphorus

A Turkish-owned tanker carrying Russian petroleum product was struck overnight by a suspected uncrewed surface vessel (USV) in the Black Sea, in what appears to be an escalation in attacks...
Hapag-Lloyd Profit Drops Sharply in 2025, Warns of Tougher Year Ahead
News
March 26, 2026
From 
Mike Schuler
 via 
gCaptain

Hapag-Lloyd Profit Drops Sharply in 2025, Warns of Tougher Year Ahead

Hapag-Lloyd delivered solid operational performance in 2025, but a sharp drop in freight rates and rising disruption costs pushed earnings significantly lower as the container shipping market continued to normalize....
Iran Drafting Law to Introduce Tolls for Hormuz Transit
News
March 26, 2026
From 
Bloomberg
 via 
gCaptain

Iran Drafting Law to Introduce Tolls for Hormuz Transit

The Iranian parliament is working on a draft bill that would impose a fee on vessels seeking safe passage through the Strait of Hormuz, according to the semi-official Fars news agency.
Houthis Signal Red Sea Revival as Bab al-Mandab Emerges as Next Flashpoint
News
March 26, 2026
From 
Reuters
 via 
gCaptain

Houthis Signal Red Sea Revival as Bab al-Mandab Emerges as Next Flashpoint

Yemen's Houthi forces stand ready to strike the Bab al-Mandab Strait in solidarity with Iran, threatening to revive Red Sea shipping chaos. The move could deepen the global oil crisis as the strategic chokepoint controls traffic to the Suez Canal.
Iranian Navy Chief Killed After Years of Threats, Seizures, and Hormuz Disruption
News
March 26, 2026
From 
Mike Schuler
 via 
gCaptain

Iranian Navy Chief Killed After Years of Threats, Seizures, and Hormuz Disruption

The Iranian commander who spent years threatening—and ultimately executing—Tehran’s campaign to pressure global shipping in the Strait of Hormuz has reportedly been killed, according to the U.S. military. Rear Adm....
Key Russian Oil Port Resumes Loading Amid Attempt to Divert Flow
News
March 26, 2026
From 
Bloomberg
 via 
gCaptain

Key Russian Oil Port Resumes Loading Amid Attempt to Divert Flow

Russia’s top oil port in the Baltic Sea resumed loading days after it came under attack from Ukrainian drones, although the company that pipes crude there said it is trying to divert barrels elsewhere because of the incidents.
Hapag-Lloyd Faces $40 Million to $50 Million Weekly Costs Due to Middle East Conflict
News
March 26, 2026
From 
Reuters
 via 
gCaptain

Hapag-Lloyd Faces $40 Million to $50 Million Weekly Costs Due to Middle East Conflict

German shipping company Hapag-Lloyd HLAG.DE is incurring additional costs of $40 million to $50 million per week due to the ongoing conflict in the Middle East, a burden described as "not sustainable for a long time" by Chief Executive Rolf Habben Jansen on Thursday. Speaking at an online press conference, Habben Jansen said the company was grappling with "a big challenge" as six of its vessels, with 150 crew members, remain stranded in the Persian Gulf.
U.S. Coast Guard Announces Plans to Acquire Up to Seven New Light Icebreakers
News
March 26, 2026
From 
Malte Humpert
 via 
gCaptain

U.S. Coast Guard Announces Plans to Acquire Up to Seven New Light Icebreakers

The U.S. Coast Guard has issued a request for information (RFI) as it moves forward with plans to acquire up to seven new light icebreakers to replace an aging fleet and ensure year-round navigation in ice-prone waterways across the Northeast and Great Lakes.
UK Clears Military to Board Russian Shadow Fleet Tankers in Channel
News
March 25, 2026
From 
Mike Schuler
 via 
gCaptain

UK Clears Military to Board Russian Shadow Fleet Tankers in Channel

The United Kingdom is stepping up its campaign against Russia’s so-called “shadow fleet,” authorizing military and law enforcement teams to board sanctioned vessels transiting British waters—including the English Channel—in a...