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Crowley Launches LNG-Powered ‘Tiscapa’ to Strengthen U.S.-Caribbean Trade Routes
Shipping
July 11, 2025
From 
Mike Schuler
 via 
gCaptain

Crowley Launches LNG-Powered ‘Tiscapa’ to Strengthen U.S.-Caribbean Trade Routes

Crowley has expanded its fleet with the launch of the LNG-powered containership Tiscapa, marking a significant advancement in the company’s service capabilities across the U.S., Caribbean and Central America. The vessel,...
War Risk Premiums Surge Amid Renewed Red Sea Attacks
Shipping
July 10, 2025
From 
Reuters
 via 
gCaptain

War Risk Premiums Surge Amid Renewed Red Sea Attacks

The insurance cost of shipping goods through the Red Sea has more than doubled in recent days after Yemen's Houthis attacked and sank two ships, killing at least four seafarers after months of calm, industry sources said on Thursday.
Rescuers Pull More Survivors From Red Sea as Houthis Hold Crew of Sunken Greek Ship
Shipping
July 10, 2025
From 
Reuters
 via 
gCaptain

Rescuers Pull More Survivors From Red Sea as Houthis Hold Crew of Sunken Greek Ship

Rescuers pulled three more crew members and a security guard alive from the Red Sea on Thursday, maritime security sources said, a day after Houthi militants sank the Greek ship Eternity C and said they were holding some of the crew still missing.
DOT Adds New Waterways to U.S. Marine Highway Program to Boost Inland Shipping
Shipping
July 10, 2025
From 
Mike Schuler
 via 
gCaptain

DOT Adds New Waterways to U.S. Marine Highway Program to Boost Inland Shipping

The U.S. Department of Transportation has significantly expanded the United States Marine Highway Program, adding 848 new miles of navigable waterways and approving 14 new sponsors. Transportation Secretary Sean P....
Korean Officer to Receive IMO’s Highest Bravery Award for Fishing Vessel Rescue
Shipping
July 10, 2025
From 
Mike Schuler
 via 
gCaptain

Korean Officer to Receive IMO’s Highest Bravery Award for Fishing Vessel Rescue

Officer Lee Tae-Young of the Republic of Korea has been selected to receive the 2025 IMO Award for Exceptional Bravery at Sea for his heroic rescue of 12 fellow crew...
U.S. Treasury Targets 22 Entities in New Crackdown on Iranian Oil Shipping Network
Shipping
July 10, 2025
From 
Mike Schuler
 via 
gCaptain

U.S. Treasury Targets 22 Entities in New Crackdown on Iranian Oil Shipping Network

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated 22 entities across Hong Kong, the United Arab Emirates, and Türkiye for facilitating the sale of...
Rescuers Pull More Survivors From Red Sea as Houthis Hold Crew of Sunken Greek Ship
Shipping
July 10, 2025
From 
Reuters
 via 
gCaptain

Rescuers Pull More Survivors From Red Sea as Houthis Hold Crew of Sunken Greek Ship

Rescuers pulled three more crew members and a security guard alive from the Red Sea on Thursday, maritime security sources said, a day after Houthi militants sank the Greek ship Eternity C and said they were holding some of the crew still missing.
Chinese Container Ships Receive Permission to Sail Russia’s Arctic Northern Sea Route
Shipping
July 10, 2025
From 
Malte Humpert
 via 
gCaptain

Chinese Container Ships Receive Permission to Sail Russia’s Arctic Northern Sea Route

The same day Yemen’s Houthi militants resumed attacks against multiple vessels in the Red Sea after months of calm, several Chinese container ships received permits to transit the Arctic Ocean...
Houthi Video Shows Deadly Attack and Sinking of Eternity C Bulk Carrier in Red Sea
Shipping
July 9, 2025
From 
Mike Schuler
 via 
gCaptain

Houthi Video Shows Deadly Attack and Sinking of Eternity C Bulk Carrier in Red Sea

The Houthis have released footage showing the targeting and sinking of the Liberia-flagged bulk carrier ETERNITY C in the Red Sea. The footage captures the launch and impact of ballistic...
Maritime Industry Condemns Deadly Red Sea Attacks
Shipping
July 9, 2025
From 
Mike Schuler
 via 
gCaptain

Maritime Industry Condemns Deadly Red Sea Attacks

Major shipping organizations have issued a joint statement condemning the recent attacks on vessels in the Red Sea that have resulted in seafarer fatalities and renewed security concerns in the...
Eternity C Sinks in Red Sea; Search Underway for 15 Still Missing
Shipping
July 9, 2025
From 
Reuters
 via 
gCaptain

Eternity C Sinks in Red Sea; Search Underway for 15 Still Missing

A mission was under way on Wednesday to rescue crew from the Eternity C cargo ship which sank in the Red Sea following an attack that killed at least four crew members.
Surging UK Shipping Costs Threaten to Deliver a New Price Shock
Shipping
July 9, 2025
From 
Bloomberg
 via 
gCaptain

Surging UK Shipping Costs Threaten to Deliver a New Price Shock

The cost of shipping goods from China to the UK has surged due to ripple effects of the US trade war, threatening to push up consumer prices and complicate the Bank of England’s plan to keep nudging down interest rates.