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Panama Canal Sees Revenue Beating Forecast After Hormuz Closure
News
June 26, 2026
From 
Bloomberg
 via 
gCaptain

Panama Canal Sees Revenue Beating Forecast After Hormuz Closure

The Panama Canal expects revenue to exceed its $5.2 billion forecast for fiscal 2026 after the closure of the Strait of Hormuz drove more ships through the waterway connecting the Caribbean Sea and the Pacific Ocean.
Global Shipping Needs 114,000 More Officers by 2030, New Report Warns
News
June 25, 2026
From 
Mike Schuler
 via 
gCaptain

Global Shipping Needs 114,000 More Officers by 2030, New Report Warns

The global shipping industry will need an additional 113,735 certified officers by 2030 to keep pace with fleet growth, according to a new workforce report from BIMCO and the International...
Ship Attack Off Oman Derails IMO’s Hormuz Evacuation Effort
News
June 25, 2026
From 
Mike Schuler
 via 
gCaptain

Ship Attack Off Oman Derails IMO’s Hormuz Evacuation Effort

The International Maritime Organization has suspended its coordinated evacuation of ships stranded in the Persian Gulf after a merchant vessel was attacked in the Gulf of Oman, dealing a setback...
Day of the Seafarer 2026: The Human Cost of Keeping World Trade Moving
News
June 25, 2026
From 
Mike Schuler
 via 
gCaptain

Day of the Seafarer 2026: The Human Cost of Keeping World Trade Moving

The world’s 1.8 million seafarers spend much of their careers out of sight, quietly moving the cargoes that keep the global economy running. This year, many have found themselves on...
Trump Row With Republican Senator Clouds US Drive to Sell Iran Deal to Gulf Allies
News
June 25, 2026
From 
Reuters
 via 
gCaptain

Trump Row With Republican Senator Clouds US Drive to Sell Iran Deal to Gulf Allies

WASHINGTON/MANAMA/DUBAI, June 25 (Reuters) – A shouting match over Iran between U.S. President Donald Trump and a senior Republican senator overshadowed efforts by America’s top diplomat on Thursday to swing Washington’s skeptical Gulf allies...
Ship Hit Off Oman After IRGC Renewed Hormuz Transit Warnings
News
June 25, 2026
From 
Mike Schuler
 via 
gCaptain

Ship Hit Off Oman After IRGC Renewed Hormuz Transit Warnings

A Singapore-flagged containership has been struck by an unknown projectile off the coast of Oman, just hours after Iran’s Islamic Revolutionary Guard Corps (IRGC) renewed radio warnings that merchant vessels...
Ships Turn Back in Strait of Hormuz as IRGC Renews Transit Warnings
News
June 25, 2026
From 
Mike Schuler
 via 
gCaptain

Ships Turn Back in Strait of Hormuz as IRGC Renews Transit Warnings

The fragile reopening of the Strait of Hormuz showed new signs of strain on Thursday as merchant ships reportedly began turning around after Iran’s Islamic Revolutionary Guard Corps (IRGC) renewed...
Rubio Wraps up Gulf Tour as Allies Share Concerns Over Iran Peace Accord
News
June 25, 2026
From 
Reuters
 via 
gCaptain

Rubio Wraps up Gulf Tour as Allies Share Concerns Over Iran Peace Accord

U.S. Secretary of State Marco Rubio told Gulf allies on Thursday that any deal with Iran would take their interests into account, as he wrapped up a Middle East trip aimed at winning over regional partners with deep reservations about the preliminary accord.
Major Saudi Oil Terminal to Restart as Gulf Reboot Ramps Up
News
June 25, 2026
From 
Bloomberg
 via 
gCaptain

Major Saudi Oil Terminal to Restart as Gulf Reboot Ramps Up

Top oil exporter Saudi Arabia is set to restart loading crude at the giant Ras Tanura terminal inside the Persian Gulf, a landmark moment in the resumption of Middle Eastern supplies after the Iran war.
Brent Enters Contango for First Time Since Iran War Began as Gulf Supply Surges
News
June 24, 2026
From 
Reuters
 via 
gCaptain

Brent Enters Contango for First Time Since Iran War Began as Gulf Supply Surges

Prices of Brent crude oil for second-month delivery traded higher on Wednesday than prices for prompt delivery for the first time since the Iran war started in late February, signaling increased near-term supply.
Marine Insurers Back Hormuz Peace Deal as Trump Says Iran Seeking ‘No Tolls’
News
June 24, 2026
From 
Mike Schuler
 via 
gCaptain

Marine Insurers Back Hormuz Peace Deal as Trump Says Iran Seeking ‘No Tolls’

The global marine insurance industry is cautiously welcoming recent diplomatic developments in the Strait of Hormuz as uncertainty continues over how the world’s most important energy chokepoint will be managed...
IMO Tells Ships to Stay Put, Await Instructions as Hormuz Evacuation Begins
News
June 24, 2026
From 
Mike Schuler
 via 
gCaptain

IMO Tells Ships to Stay Put, Await Instructions as Hormuz Evacuation Begins

The International Maritime Organization is telling thousands of ships stranded in the Persian Gulf to stay put and await instructions as it begins evacuating thousands of seafarers trapped by months...