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Who Really Controls the Panama Canal? The Truth Behind Trump’s Claims
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February 24, 2025
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...
Limpet Mines Eyed as Likely Cause of Blasts on Two Tankers in Mediterranean Sea
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February 24, 2025
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.
U.S. Treasury Cracks Down on Iran’s Shadow Fleet
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February 24, 2025
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...
UK and EU Target Russia’s Shadow Fleet as Sanctions Net Widens
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February 24, 2025
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...
Trump Targets China With Biggest Salvo So Far in Second Term
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February 24, 2025
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.
Iraq To Receive 185,000 bpd From Kurdistan Once Oil EWxports Resume
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February 23, 2025
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,...
Egypt Says Dozens Of Ships Return To Suez Canal After Ceasefire
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February 23, 2025
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...
Sanctioned Russian Oil Vanishes From Tracking In Gulf of Oman
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February 22, 2025
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...
Port of Auckland CEO Fined in Landmark Maritime Safety Case
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February 21, 2025
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...
Shipping’s Price War: Spot Rates Slide as Carriers Battle for Cargo
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February 21, 2025
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.
USS Harry S. Truman CO Relieved Following Mediterranean Collision with Bulk Carrier
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February 21, 2025
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...
Oil Tankers Rocked by Mystery Blasts After Trips to Russia
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February 20, 2025
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.