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Containership Fire Breaks Out Every 17 Days as Misdeclared Cargo Remains Major Threat
News
June 24, 2026
From 
Mike Schuler
 via 
gCaptain

Containership Fire Breaks Out Every 17 Days as Misdeclared Cargo Remains Major Threat

A container ship fire now occurs somewhere in the world roughly every 17 days, highlighting the persistent danger posed by misdeclared and undeclared dangerous cargoes, according to new data cited...
Allianz: The Age of Predictable Shipping Is Over
News
June 24, 2026
From 
Mike Schuler
 via 
gCaptain

Allianz: The Age of Predictable Shipping Is Over

The global shipping industry is entering a new era defined by geopolitical tension, fragile supply chains and heightened uncertainty, according to Allianz Commercial, which warns that the relatively stable operating...
UAE Oil Exports Surged to 85% of Pre-War Levels, IEA Says
News
June 24, 2026
From 
Bloomberg
 via 
gCaptain

UAE Oil Exports Surged to 85% of Pre-War Levels, IEA Says

Oil exports from the United Arab Emirates in early June recovered to nearly 85% of the country’s pre-Iran war levels — rebounding even before Washington and Tehran inked an interim peace deal as the Gulf nation drew on pipelines, storage and alternate shipping routes, according to a report from the International Energy Agency.
Fortescue, CMB.TECH Sign Deal for Up to 12 Ammonia-Capable Bulk Carriers
News
June 23, 2026
From 
Mike Schuler
 via 
gCaptain

Fortescue, CMB.TECH Sign Deal for Up to 12 Ammonia-Capable Bulk Carriers

Australian mining giant Fortescue has signed an agreement with Belgian shipping group CMB.TECH to charter up to 12 ammonia-capable Newcastlemax bulk carriers, in one of the largest commercial commitments yet to ammonia as a...
Geopolitical Instability Remains Shipping’s Top Concern for Fourth Straight Year
News
June 23, 2026
From 
Mike Schuler
 via 
gCaptain

Geopolitical Instability Remains Shipping’s Top Concern for Fourth Straight Year

The global shipping industry continues to view geopolitical instability as its greatest business risk, according to the International Chamber of Shipping’s latest Maritime Barometer, with industry leaders warning that political...
First Ships Return to Hormuz’s Central Corridor Since War Began
News
June 23, 2026
From 
Lori Ann LaRocco
 via 
gCaptain

First Ships Return to Hormuz’s Central Corridor Since War Began

By Lori Ann LaRocco – There are signs of a slow return to normalcy in the Strait of Hormuz, but it will take time for tanker owners and operators to...
IMO Launches Mass Evacuation of 11,000 Seafarers Still Trapped in Persian Gulf
News
June 23, 2026
From 
Mike Schuler
 via 
gCaptain

IMO Launches Mass Evacuation of 11,000 Seafarers Still Trapped in Persian Gulf

The International Maritime Organization will begin a large-scale evacuation of more than 11,000 seafarers still stranded in the Persian Gulf following last week’s U.S.-Iran peace agreement. IMO Secretary-General Arsenio Dominguez...
Who Will Govern Hormuz? Iran and Oman Begin Talks on Future Navigation and Maritime Services
News
June 23, 2026
From 
Mike Schuler
 via 
gCaptain

Who Will Govern Hormuz? Iran and Oman Begin Talks on Future Navigation and Maritime Services

Iran and Oman have begun formal talks on the future administration of navigation in the Strait of Hormuz, including maritime services and associated costs, adding new urgency to questions raised...
Strait of Hormuz: Mines and Dual Transit Regime Complicate Return to Normal
News
June 22, 2026
From 
Mike Schuler
 via 
gCaptain

Strait of Hormuz: Mines and Dual Transit Regime Complicate Return to Normal

The Strait of Hormuz is open again, but shipping companies are returning to a waterway that looks very different from the one that existed before the war. Commercial traffic is...
Hormuz Traffic Slowly Picking Up as Oil and LNG Tankers Resume Transits
News
June 22, 2026
From 
Reuters
 via 
gCaptain

Hormuz Traffic Slowly Picking Up as Oil and LNG Tankers Resume Transits

Oil and liquefied natural gas tankers sailed through the Strait of Hormuz on Monday, in a sign of traffic slowly picking up after Iran said it had again closed the waterway over the weekend, shipping data showed.
Trump Treasury Issues Sweeping Iran Oil Waiver, Marking Sharp Break From ‘Maximum Pressure’
News
June 22, 2026
From 
Mike Schuler
 via 
gCaptain

Trump Treasury Issues Sweeping Iran Oil Waiver, Marking Sharp Break From ‘Maximum Pressure’

The Trump administration has issued a sweeping temporary sanctions waiver authorizing the production, sale and shipment of Iranian oil, a dramatic reversal of the “maximum pressure” campaign that defined U.S....
China Lines Up Second LNG Terminal for Sanctioned Russian Cargoes, Sources Say
News
June 22, 2026
From 
Reuters
 via 
gCaptain

China Lines Up Second LNG Terminal for Sanctioned Russian Cargoes, Sources Say

China is preparing a second import terminal to handle liquefied natural gas cargoes from Russia's sanctioned Arctic LNG 2 project, expanding a route that so far relies on a single facility, three sources with knowledge of the matter said.