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El Niño Watch Puts Panama Canal Back in Focus After Dramatic Drought Recovery
News
April 9, 2026
From 
Mike Schuler
 via 
gCaptain

El Niño Watch Puts Panama Canal Back in Focus After Dramatic Drought Recovery

A newly issued El Niño Watch from the NOAA Climate Prediction Center is putting the Panama Canal back in focus, with early signals pointing to conditions that could once again squeeze one of the...
IMO Warns Hormuz Toll Would Set ‘Dangerous Precedent’
News
April 9, 2026
From 
Mike Schuler
 via 
gCaptain

IMO Warns Hormuz Toll Would Set ‘Dangerous Precedent’

LONDON, April 9 (Reuters) – Imposing a toll on ships sailing through the critical Strait of Hormuz would “set a dangerous precedent” and countries should not impede freedom of navigation, the UN’s shipping agency...
Container Rates Rise Again as Fuel Costs, Hormuz Uncertainty Ripple Through Global Trade
News
April 9, 2026
From 
Mike Schuler
 via 
gCaptain

Container Rates Rise Again as Fuel Costs, Hormuz Uncertainty Ripple Through Global Trade

Container spot rates edged higher this week, with mounting fuel costs and continued uncertainty around the Strait of Hormuz beginning to reshape pricing dynamics across key trade lanes. Drewry’s World...
Australia Bans Bulk Carrier After 7 Months of Unpaid Crew Wages
News
April 9, 2026
From 
Mike Schuler
 via 
gCaptain

Australia Bans Bulk Carrier After 7 Months of Unpaid Crew Wages

Australia’s maritime regulator has issued a stark warning to shipowners after banning a Liberia-flagged bulk carrier for six months over serious breaches of seafarer welfare standards. The Australian Maritime Safety Authority (AMSA)...
Kremlin Says Russia Has Right to Defend Itself From ‘Piracy’ After Report of Warship Escort Near UK
News
April 9, 2026
From 
Reuters
 via 
gCaptain

Kremlin Says Russia Has Right to Defend Itself From ‘Piracy’ After Report of Warship Escort Near UK

The Kremlin said on Thursday that Russia had the right to defend itself from what it called piracy after a British newspaper reported that a Russian navy frigate had escorted oil tankers sanctioned by Britain through the English Channel.
Trump Warns of Major War Escalation If Iran Peace Process Fails
News
April 9, 2026
From 
Reuters
 via 
gCaptain

Trump Warns of Major War Escalation If Iran Peace Process Fails

U.S. President Donald Trump vowed to retain military assets in the Middle East until a peace deal with Iran is reached and warned of a major escalation in fighting if it failed to comply, as oil prices rose on concerns over supply and restrictions in the Strait of Hormuz.
Russia Offers Sanctioned LNG to Energy-Hungry Asia at a Discount
News
April 9, 2026
From 
Bloomberg
 via 
gCaptain

Russia Offers Sanctioned LNG to Energy-Hungry Asia at a Discount

Russia is seeking to leverage a global natural gas supply crunch to lure energy-starved South Asia into purchasing shipments from its US-sanctioned facilities, according to people familiar with the matter.
Shipping Avoids Hormuz Lanes as Iran Pushes Vessels Toward Controlled Corridors
News
April 9, 2026
From 
Mike Schuler
 via 
gCaptain

Shipping Avoids Hormuz Lanes as Iran Pushes Vessels Toward Controlled Corridors

The Trump administration has insisted the Strait of Hormuz is open following the ceasefire, but early shipping data suggests otherwise. Vessel movements remain extremely limited, with no meaningful return to...
Fuel Costs, Tariffs Cloud Outlook for U.S. Container Imports
News
April 8, 2026
From 
Mike Schuler
 via 
gCaptain

Fuel Costs, Tariffs Cloud Outlook for U.S. Container Imports

U.S. container imports are facing growing pressure from tariffs and rising fuel prices, even as the conflict involving Iran has yet to significantly disrupt cargo volumes moving through the nation’s...
Trump Announces 50% Tariffs on Nations Supplying Iran With Weapons
News
April 8, 2026
From 
Reuters
 via 
gCaptain

Trump Announces 50% Tariffs on Nations Supplying Iran With Weapons

U.S. President Donald Trump said on Wednesday that imports from countries supplying Iran with military weapons will face immediate 50% tariffs with no exemptions, announcing the threatened duty in a social media post just hours after agreeing to a two-week ceasefire with Tehran.
Qatar Begins Work to Resume LNG Production After Ceasefire
News
April 8, 2026
From 
Bloomberg
 via 
gCaptain

Qatar Begins Work to Resume LNG Production After Ceasefire

Qatar is mobilizing engineers and workers with the aim of resuming production at the world’s biggest liquefied natural gas export plant following a ceasefire in the war in the Middle East, according to people with knowledge of the matter.
Russia Oil Export Revenues Hit Highest Since Early Ukraine War as Prices Surge, Despite Ukrainian Port Attacks
News
April 8, 2026
From 
Malte Humpert
 via 
gCaptain

Russia Oil Export Revenues Hit Highest Since Early Ukraine War as Prices Surge, Despite Ukrainian Port Attacks

Russia’s oil export revenues have climbed to their highest levels since the early months of the Ukraine war, driven by a surge in global crude prices and a partial recovery in shipment volumes, according to tanker-tracking data.