News
Articles

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...

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...

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...

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)...

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.

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.

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.

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...

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...
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.

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.

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.