IMO Warns Hormuz Toll Would Set ‘Dangerous Precedent’
LONDON, April 9 (Reuters) – Imposing a toll on ships sailing through the critical Strait of Hormuz would “set a dangerous precedent” and
Mike Schuler is the Managing Editor of gCaptain, where he has led editorial operations since June 2008. He oversees daily news coverage on global shipping, maritime security, offshore energy, and industry policy, and has built a reputation for delivering timely and insightful maritime news—often breaking key stories that influence industry discussions. Mike holds a Bachelor of Science in Business Administration with a focus on Financial Management from The Catholic University of America, and a certificate in Data Analytics and Visualization from the University of Arizona. Before joining gCaptain, he held positions at Intrawest Hospitality Management and Union Beer Distributors. His expertise spans supply chain and logistics, energy policy, global trade dynamics, and maritime security. Mike's reporting is known for its clarity, accuracy, and ability to explain complex maritime topics to broad audiences.
LONDON, April 9 (Reuters) – Imposing a toll on ships sailing through the critical Strait of Hormuz would “set a dangerous precedent” and
The global shipping order book has climbed to its highest level in nearly two decades, as a wave of tanker contracting and sustained newbuilding demand across
Container spot rates edged higher this week, with mounting fuel costs and continued uncertainty around the Strait of Hormuz beginning to reshape pricing
Australia’s maritime regulator has issued a stark warning to shipowners after banning a Liberia-flagged bulk carrier for six months over serious breaches of
The Trump administration has insisted the Strait of Hormuz is open following the ceasefire, but early shipping data suggests otherwise. Vessel movements remain
U.S. container imports are facing growing pressure from tariffs and rising fuel prices, even as the conflict involving Iran has yet to significantly disrupt
Following the announcement of a two-week ceasefire between the United States and Iran and a partial reopening of the Strait of Hormuz, shipping industry
The United States and Iran have agreed to a temporary ceasefire and partial reopening of the Strait of Hormuz, marking the first concrete diplomatic
The United Nations Security Council failed Tuesday to pass a Gulf-backed resolution aimed at protecting commercial shipping through the Strait of Hormuz, after
European naval forces say a hijacked Iranian fishing dhow has been successfully freed after nearly two weeks under pirate control in the Western Indian Ocean,
The National Transportation Safety Board (NTSB) has determined that a failed O-ring seal and misaligned fuel system components caused a major engine room fire
The Liberian Registry is urging shipowners, managers, and crewing agencies to strengthen seafarer compliance frameworks as global sanctions enforcement
A tugboat captain has been charged with seaman’s manslaughter following a fatal collision in Biscayne Bay that left three children dead, federal prosecutors
Back in February, one week before American and Israeli warplanes launched a coordinated air campaign against Iran, a vessel called the Hamouna slipped out of
The Trump administration has doubled its maritime insurance backstop to $40 billion, expanding a flagship effort to restart commercial shipping through the
Reunification marks major shift in offshore oversight model built after Deepwater
The Strait of Hormuz—one of the world’s most critical energy chokepoints—remains effectively closed, sending shockwaves through global trade, energy
U.S. offshore oil production surged to a record 714 million barrels in 2025, marking a new high for output from the Outer Continental Shelf and underscoring
A fuel oil tanker chartered by QatarEnergy has been struck by a missile in waters off Qatar, marking a sharp escalation in maritime attacks and pushing the
The International Chamber of Shipping (ICS) and the International Transport Workers’ Federation (ITF) have held urgent talks with Gulf State
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