Stay informed with real-time maritime industry updates
gCaptain
The U.S. Coast Guard's latest polar icebreaker has completed a 36-day mission in the Bering Sea, returning to Seattle as the U.S. bolsters its polar fleet, reports gCaptain. This deployment marks an early operational test for the cutter, which is anticipated to play a significant role in future Arctic operations.
gCaptain
European law enforcement agencies have dismantled a significant transatlantic drug trafficking route known as the 'Cocaine Highway,' seizing 11 tonnes of cocaine and 8.5 tonnes of hashish, as reported by gCaptain. The operation highlights the ongoing challenges in combating maritime drug smuggling.
gCaptain
The global oil trading system, heavily reliant on the U.S. dollar, is facing significant challenges due to the ongoing Iran conflict and the closure of the Strait of Hormuz, as reported by gCaptain. This situation has led major oil-consuming nations to engage in increasingly opaque deals with Tehran and Gulf producers to ensure their oil supplies.
gCaptain
Iran has initiated a Bitcoin-backed insurance service for its shipping companies transiting the Strait of Hormuz, as reported by the semi-official Fars news agency. This move, according to documents from Iran's Ministry of Economy and Financial Affairs, aims to support maritime operations in the region, gCaptain reports.
gCaptain
U.S. Treasury Secretary Scott Bessent announced a 30-day general license allowing certain nations to access Russian oil cargoes stranded at sea, as reported by gCaptain. This move comes amid tightening global oil supplies due to the Hormuz crisis.
gCaptain
The Persian Gulf Strait Authority, backed by Iran, has launched an official account on X, aiming to formalize Tehran's control over the Strait of Hormuz. Unauthorized transit through the strait is now declared illegal, as reported by gCaptain.
gCaptain
A cruise ship affected by a hantavirus outbreak has arrived at the port of Rotterdam, where authorities began disembarking the remaining crew and medical staff, as reported by gCaptain. The vessel's arrival also involved plans to cremate a German woman who succumbed to the virus.
Splash247
AD Ports Group, based in Abu Dhabi, has acquired German freight forwarder MBS Logistics for AED300 million ($82 million), as reported by Splash247. This acquisition grants AD Ports full ownership of MBS Logistics' core business, excluding joint ventures, thereby expanding its global logistics footprint.
gCaptain
Royal Boskalis Westminster N.V. plans to construct a massive 24,000-ton Cable Lay Vessel, as reported by gCaptain. This new vessel will support the growing demand for subsea power infrastructure.
gCaptain
The International Energy Agency has highlighted a significant disruption in the oil market due to the ongoing Strait of Hormuz crisis, leading to a rapid decline in global oil inventories. This situation is described as one of the most severe disruptions in modern history, as reported by gCaptain.
