Maritime News from gCaptain.com
China Completes First Stage of Work at Disputed South China Sea Reef, Images Show
China has completed the first phase of construction on Antelope Reef in the Paracels archipelago, building a man-made island in the hotly-disputed South China Sea that analysts say will form part of its largest military base.
Categories: Maritime News
Trump Takes Iran Hard Line as Hormuz Tensions Set New Normal
US President Donald Trump insisted Tuesday that there were no talks ongoing with Iran, leaving the simmering conflict in the Middle East and control of the Strait of Hormuz stuck in limbo.
Categories: Maritime News
Hornbeck Offshore Backs Maritime Nuclear Push With Deployable Energy
Hornbeck Offshore Services is teaming up with nuclear technology developer Deployable Energy to explore the use of compact nuclear reactors aboard vessels and other offshore installations, including floating data centers...
Categories: Maritime News
Trump’s Plan for Foreign-Built Navy Ships Runs Into Resistance
President Donald Trump’s push to open U.S. Navy shipbuilding to foreign yards is running into resistance from American shipbuilders and lawmakers who argue the policy risks sending jobs and critical...
Categories: Maritime News
Cargo Ship Destroyed in New Attack Off Yemen
A cargo ship has been declared a constructive total loss after being struck by multiple unknown projectiles off Yemen, marking another attack in an increasingly volatile southern Red Sea. UK...
Categories: Maritime News
Port of Los Angeles Nears 1 Million TEUs in Second-Busiest July
The Port of Los Angeles handled nearly 1 million containers in July, extending a run of historically strong cargo volumes even as an early peak shipping season begins to wind...
Categories: Maritime News
U.S. Lifts Decade-Old Security Restrictions on Ships Arriving From Nigeria
The United States has lifted security restrictions imposed on vessels arriving from Nigeria after more than a decade, the Marine and Blue economy Minister Adegboyega Oyetola said on Tuesday, in a move expected to cut shipping costs and boost the competitiveness of Nigerian ports.
Categories: Maritime News
Opinion: Oil Market Starts Pricing in a Prolonged Hormuz Crisis
The oil market is increasingly behaving as though disruptions to Middle East energy supplies are not a temporary shock but a new reality.
Categories: Maritime News
Trump Says No Talks are Taking Place With Iran and None are Scheduled
President Donald Trump said on Tuesday that talks between the U.S. and Iran were neither taking place nor scheduled but the Strait of Hormuz was open, while Iran said the shipping route would remain closed until the U.S. fulfilled the terms of an interim deal
Categories: Maritime News
Saudis Offer to Sell Oil Near Oman, a Possible Sign They’re Sailing Dark Through Hormuz
Saudi Arabia is offering to sell oil from off the coast of Oman, a sign that the kingdom may be following the United Arab Emirates in shuttling more barrels through the Strait of Hormuz.
Categories: Maritime News
MacGregor Secures Comprehensive Hatch Cover and Cargo Handling Order for Six LNG-Powered Containerships at Cochin Shipyard Limited
MacGregor has been selected to deliver a comprehensive scope of cargo handling solutions for six 1,700 TEU dual-fuel LNG-powered containerships to be built at Cochin Shipyard Limited (CSL) in India....
Categories: Maritime News
Ferry To Floatel: Heat Pumps Provide a Green Pathway
An innovative ferry-to-floatel conversion proves that zero-emission hotel loads are a reality today, offering cruise and ferry operators a highly efficient, scalable alternative to traditional oil-fired boilers and fossil fuel-dependent...
Categories: Maritime News
Seafarer Killed in Latest Strait of Hormuz Attack on Commercial Shipping
Two bulk carriers have been struck by projectiles in separate attacks while transiting the Strait of Hormuz, resulting in two crew casualties, including one seafarer killed aboard the Liberia-flagged Minoan Dignity....
Categories: Maritime News
Saudi Arabia Resumes Oil Loadings, Sales From Inside Strait of Hormuz
Saudi Aramco resumed oil loading from inside the Strait of Hormuz last week and has more tankers waiting to load as the state energy giant offers spot heavy crude cargoes, according to shipping data and trade sources.
Categories: Maritime News
Oil Supertanker Earnings on Mideast Route Near $510,000 a Day
Earnings for a supertanker procuring crude oil from within the Persian Gulf to Asia are nearing a two-month high, as exporters hunt for more vessels to deliver the fuel via the Strait of Hormuz even as the security situation remains uncertain.
Categories: Maritime News
Canada’s Most Powerful Icebreaker Reaches North Pole
Canada’s largest and most powerful icebreaker has reached the North Pole as part of a multi-year effort to map the country’s continental shelf and reinforce its presence in the Arctic....
Categories: Maritime News
Army Corps Greenlights Major New Container Terminal on Mississippi River
The U.S. Army Corps of Engineers has granted the federal permit needed to build the Louisiana International Terminal, clearing a major regulatory hurdle for the planned deepwater container terminal on...
Categories: Maritime News
Antin Acquires Vigor Marine Group as U.S. Shipyard Investment Grows
Antin Infrastructure Partners has completed its acquisition of Vigor Marine Group from an affiliate of Lone Star Funds, bringing one of the largest U.S. ship repair and marine services groups...
Categories: Maritime News
Trump Rejects Iran Truce Extension as Oil Tops $90
The prospects for peace in the Middle East suffered a fresh setback, with President Donald Trump saying he’s not interested in extending the expiring agreement with Iran and fighting flaring anew in Lebanon.
Categories: Maritime News
Abu Dhabi Wealth Fund L’imad’s Ports Deal Signals Growing Role
Abu Dhabi wealth fund L’imad Holding is offering to buy out minority shareholders in the city’s port operator valuing the firm at 31.8 billion dirhams ($8.66 billion), potentially bolstering the emirate’s efforts to build out infrastructure that could help it bypass the Strait of Hormuz.
Categories: Maritime News