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gCaptain promotes user interaction, discussion, and the sharing of ideas and information through social media tools. By bridging the communication gap between print and the end reader, gCaptain fosters ideas that improve safety and efficiency aboard ships globally. gCaptain.com has grown quickly in the past few years to become the leading online destination for maritime and offshore professionals, currently welcoming hundreds of thousands of unique visitors a month who view millions of pages. At gCaptain, we’re committed to providing news and community platforms to professionals working at sea. Even though we’re growing quickly, we’re still focused on our mission. Source

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Trump Declares Iran Ceasefire Over as U.S. Unveils New Sanctions

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By Mike Schuler Verified
| gCaptain Verified
Treasury targets financier tied to Iran’s leadership and exchange houses after renewed attacks on commercial shipping in the Strait of Hormuz President Donald Trump declared the June ceasefire with Iran “OVER” on Friday as the United States intensified its pressure campaign with a fresh round of sanctions targeting a financier tied to Iran’s leadership and a network of exchange houses accused of moving billions of dollars for sanctioned Iranian banks.
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Countries Must Reject Iran Efforts to Control Hormuz, UN Agency Document Says

| gCaptain Verified
LONDON, July 10 (Reuters) – Countries should reject efforts by Iran to impose sovereignty over the Strait of Hormuz and Tehran’s “unilateral decision” to create a body to control traffic through the waterway, the U.N. shipping agency’s governing council agreed on Friday. The U.S. and Iran exchanged hostilities this week, including U.S. military airstrikes, prompted by attacks on ships that Washington said Tehran carried out.
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Oil Market Recovery Hinges on Hormuz Stability as IEA Warns Renewed Fighting Clouds Outlook

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By Mike Schuler Verified
| gCaptain Verified
Global oil markets are beginning to recover from months of disruption, but the International Energy Agency says the outlook remains heavily dependent on whether shipping through the Strait of Hormuz continues to normalize after renewed fighting between the United States and Iran.
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Singapore and Indonesia Sign Carbon Credits MOU, But the Real Work Is Still Ahead

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By Paul Morgan
| gCaptain Verified
Singapore and Indonesia used last week’s Leaders’ Retreat in Jakarta to put their names to a Memorandum of Understanding on carbon credits collaboration, a step that has been widely, and prematurely, described as a completed Article 6 trading agreement. It is not that yet, and the distinction matters more than the headlines suggest.
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American Mariners Protest Chinese Tanker as Jones Act Waiver Faces Growing Scrutiny

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By Mike Schuler Verified
| gCaptain Verified
American merchant mariners staged a protest Thursday outside Marathon Petroleum’s refinery in Garyville, Louisiana, as a Chinese-flagged tanker prepared to make another domestic voyage under the Trump administration’s emergency Jones Act waiver.
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INTERTANKO: Hormuz Tanker Transits Via Southern Route Fall to Single Digits After Renewed Fighting

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By Mike Schuler Verified
| gCaptain Verified
Commercial shipping through the Strait of Hormuz has fallen sharply following the latest exchange of attacks between the United States and Iran, according to tanker owners’ association INTERTANKO. In guidance issued to members on Friday, INTERTANKO said vessel transits along the southern route off Oman’s coast had dropped into the single digits after renewed attacks on commercial shipping on July 7 and subsequent U.S. retaliatory strikes.
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Container Spot Rates Edge Higher as Peak Season Faces Mid-July Test

| gCaptain Verified
By Gavin van Marle (The Loadstar) – Container freight spot rates on the transpacific and Asia-Europe trades showed moderate gains this week, in the absence of carrier-led price hikes, while demand remained firm. This week’s World Container Index (WCI) from Drewry saw its Shanghai-Rotterdam leg gain 5% on the previous week, to end a shade under the $5,000 mark, at $4,933 per 40ft, while the Shanghai-Genoa route was up 2%, to $6,463 per 40ft.
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First Nation Challenges Vancouver Port Dredging Approval Over Tanker Expansion Concerns

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By Mike Schuler Verified
| gCaptain Verified
The Tsleil-Waututh Nation has launched a legal challenge seeking to overturn federal approvals for a dredging project in Burrard Inlet that would allow oil tankers calling at the Trans Mountain pipeline’s Westridge Marine Terminal to load to full capacity.
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South Korea Dispatches Icebreaker ‘Araon’ to Assess Arctic Shipping Potential

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By Malte Humpert
| gCaptain Verified
South Korea’s Korea Polar Research Institute (KOPRI) has dispatched its research icebreaker Araon on the country’s 17th Arctic expedition, with this year’s mission placing renewed emphasis on gathering scientific data that could support the future development of Arctic shipping routes as Seoul steps up preparations to capitalize on emerging northern sea lanes.
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UAE’s Oil Output Surged to Record High in June, IEA Says

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By Anthony Di Paola Verified, Grant Smith
| gCaptain Verified
By Anthony Di Paola and Grant Smith Jul 10, 2026 (Bloomberg) –The United Arab Emirates boosted crude oil production to an all-time high last month, the most compelling evidence yet of how Abu Dhabi responded more boldly than any of its Persian Gulf neighbors to disruption caused by the Iran war. The country pumped 4.1 million barrels a day on average in June, the International Energy Agency said in its monthly report.
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gCaptain Journalists

Konrad, John
LaRocco, Lori Ann
Schuler, Mike