Shipping
Articles

From
Mike Schuler
via
gCaptain
Who Really Controls the Panama Canal? The Truth Behind Trump’s Claims
With President Trump back in office, political rhetoric around expanding U.S. influence and securing key geopolitical assets has intensified. Recent claims about Chinese control of the Panama Canal and alleged...

From
Mike Schuler
via
gCaptain
Limpet Mines Eyed as Likely Cause of Blasts on Two Tankers in Mediterranean Sea
Mines attached to the hulls of ships and set off with timers likely caused blasts that have damaged two crude oil tankers in the Mediterranean Sea since January, three sources close to the investigation said on Monday.

From
Mike Schuler
via
gCaptain
U.S. Treasury Cracks Down on Iran’s Shadow Fleet
The U.S. Department of Treasury announced today a major expansion of sanctions targeting Iran’s maritime oil transportation network, marking an aggressive move to disrupt the flow of Iranian petroleum products...

From
Mike Schuler
via
gCaptain
UK and EU Target Russia’s Shadow Fleet as Sanctions Net Widens
The UK and EU have announced major sanctions targeting Russia’s shadow fleet of oil tankers, marking an escalation in efforts to curtail Moscow’s maritime trade operations. Marking its largest sanctions package...

From
Reuters
via
gCaptain
Trump Targets China With Biggest Salvo So Far in Second Term
The Trump administration took aim at China with a series of moves involving investment, trade and other issues that raises the risk ties may soon worsen between the US and its top economic rival.

From
Reuters
via
gCaptain
Iraq To Receive 185,000 bpd From Kurdistan Once Oil EWxports Resume
Feb 23 (Reuters) – Iraq will export 185,000 barrels per day from Kurdistan’s oilfields through the Iraq-Turkey pipeline once the oil shipments resume, an Iraqi oil ministry official said on Sunday. Basim Mohammed,...

From
Bloomberg
via
gCaptain
Egypt Says Dozens Of Ships Return To Suez Canal After Ceasefire
By Salma El Wardany Feb 23, 2025(Bloomberg) –Egypt’s Suez Canal Authority said 47 ships have rerouted to use the waterway since the start of February, a tentative recovery after a ceasefire...

From
Bloomberg
via
gCaptain
Sanctioned Russian Oil Vanishes From Tracking In Gulf of Oman
By Julian Lee Feb 21, 2025 (Bloomberg) –A cargo of Russian oil that’s under heavy US sanctions vanished from global tracking systems, evidence of how difficult it will be to keep...

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...

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.

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...

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.