Maritime News - VesselAPI

market May 11, 2026

Port of Los Angeles Chief Warns of Shipping Instability Without Hormuz Peace

The Port of Los Angeles reported strong performance in April, but its chief warns that shipping will not stabilize without enduring peace in the Strait of Hormuz, as reported by gCaptain. High energy prices are significantly impacting the trucking sector, according to the port's head.

Port of Los Angeles (US)

gCaptain

fleet May 11, 2026

U.S. Navy Reveals $65.8 Billion Plan for Fleet Expansion

The Department of the Navy has announced a $65.8 billion shipbuilding plan as part of a 30-year strategy to expand and modernize the U.S. fleet, according to gCaptain. The initiative aims to launch what is referred to as Trump's 'Golden Fleet'.

gCaptain

regulations May 11, 2026

Senators Urge Trump to Prioritize U.S. Shipbuilding in Xi Summit

A bipartisan group of U.S. senators is urging President Donald Trump to prioritize American shipbuilding and avoid concessions to China during his upcoming summit with Chinese President Xi Jinping, as reported by gCaptain. The senators emphasize the strategic importance of maintaining a robust domestic shipbuilding industry.

gCaptain

accidents May 11, 2026

Fire Erupts on Platform Habitat in Santa Barbara Channel

A fire broke out on DCOR's offshore Platform Habitat in the Santa Barbara Channel, leading to a coordinated emergency response by the U.S. Coast Guard and local fire authorities, as reported by gCaptain. The incident prompted swift action to manage the situation and ensure safety.

gCaptain

technology May 11, 2026

Maritime Industry Embraces Autonomy and Integration

The maritime industry is experiencing significant transformation with the advancement of autonomous technologies, enabling uncrewed vessels to navigate oceans with increased sophistication, as reported by gCaptain. This shift is supported by a growing network of marine technologies, paving the way for the future of underwater perception.

gCaptain

market May 11, 2026

Aramco Maximizes Pipeline Amid Hormuz Shipping Crisis

Saudi Aramco has increased the capacity of its East-West pipeline to the maximum as tensions in the Strait of Hormuz escalate, highlighting the global economy's reliance on stable energy supplies, as reported by gCaptain.

gCaptain

operations May 11, 2026

Final Passengers Disembark MV Hondius After Hantavirus Outbreak

The MV Hondius, affected by a hantavirus outbreak, saw its last six passengers and some crew members disembark off Tenerife, as reported by gCaptain. The ship's captain commended the passengers for their patience during the challenging period.

MV Hondius (cruise)

gCaptain

security May 11, 2026

U.S. Navy Incurs High Costs Amid Hormuz Strait Blockage

The U.S. Navy is facing significant financial burdens due to the ongoing blockage of the Strait of Hormuz, with each destroyer mission costing millions, as reported by gCaptain. Despite these efforts, the Navy's operations alone may not be sufficient to reopen the crucial waterway.

gCaptain

fleet May 11, 2026

Fincantieri Boosts 2026 Outlook Amid Record Backlog

Italian shipbuilder Fincantieri has announced a record backlog and improved profitability for the first quarter of 2026, highlighting robust performance in the cruise and naval sectors, as reported by gCaptain. This comes despite defense revenues returning to normal levels.

gCaptain

market May 11, 2026

NORDEN Highlights Impact of Hormuz Disruption on Tanker Market

Danish shipping company D/S NORDEN has highlighted the ongoing conflict in the Persian Gulf and disruptions to the Strait of Hormuz as factors creating a 'two-tier' tanker market, according to gCaptain. The situation is reportedly affecting global shipping markets unevenly, with significant impacts on dry cargo operations.

gCaptain

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