Shipping
Articles
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From
Mike Schuler
via
gCaptain
Port of Auckland CEO Fined in Landmark Maritime Safety Case
Former Port of Auckland CEO Tony Gibson has been fined $190,000 NZ for his role in a fatal 2020 incident at a container terminal—a landmark case that sets a precedent...
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From
The Loadstar
via
gCaptain
Shipping’s Price War: Spot Rates Slide as Carriers Battle for Cargo
Container spot freight rates on the major east-west liner trades experienced another week of decline, as slack demand continued to depress pricing.
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From
Mike Schuler
via
gCaptain
USS Harry S. Truman CO Relieved Following Mediterranean Collision with Bulk Carrier
The U.S. Navy has relieved Captain Dave Snowden as commanding officer of the aircraft carrier USS Harry S. Truman (CVN 75) following a collision with a merchant vessel in the...
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From
Bloomberg
via
gCaptain
Oil Tankers Rocked by Mystery Blasts After Trips to Russia
At least four oil tankers have been hit with explosions so far this year — all of them having visited Russia’s territorial waters in the weeks prior to the blasts happening.
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From
Bloomberg
via
gCaptain
Treasury Secretary Bessent Signals Potential Russia Sanctions Rollback in Ukraine Peace Talks
(Bloomberg) — Treasury Secretary Scott Bessent signaled that sanctions relief for Russia could be on the table in talks over the Ukraine war, saying the US is prepared to either...
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From
Mike Schuler
via
gCaptain
New Flag States Raise Sanctions Evasion Concerns
The International Chamber of Shipping (ICS) has raised significant concerns about emerging flag states potentially being used to circumvent international sanctions, according to its latest Flag State Performance Table. Four...
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From
Mike Schuler
via
gCaptain
Cargill and Hafnia Form Marine Fuel Powerhouse Seascale Energy
Cargill’s Ocean Transportation business and tanker leader Hafnia announced today the formation of Seascale Energy—a joint venture combining their bunker operations to transform marine fuel procurement. The new entity, which...
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From
Mike Schuler
via
gCaptain
Photos: Historic SS United States Begins Final Journey to Become World’s Largest Artificial Reef
The iconic SS United States, holder of the transatlantic speed record, has departed Philadelphia after nearly three decades at berth, embarking on its final journey to become the world’s largest...
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From
Reuters
via
gCaptain
Mystery Blasts Rock Mediterranean Tankers
Three oil tankers have been damaged by blasts in the last month in separate incidents around the Mediterranean, with the causes unknown, shipping and security sources said on Wednesday.
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From
Reuters
via
gCaptain
Suez Canal Chief Says Red Sea Crisis Did Not Create Sustainable Route to Replace Canal
CAIRO, Feb 19 (Reuters) – Suez Canal Authority Chairman Osama Rabie said on Wednesday that the Red Sea crisis did not create a sustainable route to replace the canal, adding that there were positive indicators...
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From
Reuters
via
gCaptain
More Shadow Vessels Targeted in EU’s 16th Sanctions Package
BRUSSELS, Feb 19 (Reuters) – EU envoys on Wednesday agreed on a 16th package of sanctions against Russia, EU diplomats said, including a ban on primary aluminum imports, sales of gaming consoles and the listing...
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From
Mike Schuler
via
gCaptain
EU Extends Red Sea Maritime Security Operation Through 2026, Expands Intelligence Sharing
The European Union has extended its maritime security operation in the Red Sea region until February 28, 2026, allocating over €17 million to safeguard freedom of navigation amid ongoing regional...