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gCaptain
security April 2, 2026

Iran Offers Safe Passage Through Hormuz for a Price

gCaptain reports that an oil tanker stranded in the Persian Gulf received an offer for safe passage through the Strait of Hormuz, contingent on re-registering under Pakistan's flag and paying a fee. This proposal, facilitated by the Iranian Navy, comes amid heightened tensions in the region.

Splash247
security April 2, 2026

Hormuz Crisis Intensifies Seafarer Challenges

The ongoing Hormuz crisis is exacerbating conditions for seafarers, with the United Nations highlighting the unprecedented challenges faced since World War II, as reported by Splash247. This situation follows the difficulties of the COVID-19 pandemic and the 865-day Red Sea shipping crisis.

Splash247
fleet April 2, 2026

JP Morgan Linked to New VLGC Deal at Samsung Heavy Industries

JP Morgan's shipping division is reportedly involved in a newbuilding deal in South Korea's very large gas carrier (VLGC) sector, as reported by Splash247. Samsung Heavy Industries announced a contract for two VLGCs valued at approximately $226 million, with deliveries scheduled through May 2029 for an unnamed Bermuda-based owner.

Splash247
security April 2, 2026

Andaman Sea's Ghost Fleet Fuels Myanmar Crisis

Tommaso Franco, a geopolitical analyst, highlights the Andaman Sea's ghost fleet, where invisibility turns international waters into a dangerous corridor, according to Splash247. This area, between Myanmar, Bangladesh, and Thailand, sees the intersection of the Rohingya crisis and Iran's shadow fleet interests.

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