Shipping

 Articles

View All
Treasury Secretary Bessent Signals Potential Russia Sanctions Rollback in Ukraine Peace Talks
Shipping
February 20, 2025
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...
New Flag States Raise Sanctions Evasion Concerns
Shipping
February 20, 2025
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...
Cargill and Hafnia Form Marine Fuel Powerhouse Seascale Energy
Shipping
February 20, 2025
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...
Photos: Historic SS United States Begins Final Journey to Become World’s Largest Artificial Reef
Shipping
February 19, 2025
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...
Mystery Blasts Rock Mediterranean Tankers
Shipping
February 19, 2025
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.
Suez Canal Chief Says Red Sea Crisis Did Not Create Sustainable Route to Replace Canal
Shipping
February 19, 2025
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...
More Shadow Vessels Targeted in EU’s 16th Sanctions Package
Shipping
February 19, 2025
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...
EU Extends Red Sea Maritime Security Operation Through 2026, Expands Intelligence Sharing
Shipping
February 18, 2025
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...
New Ships and Cargo Transfers Boost Russia’s Crude Oil Exports
Shipping
February 18, 2025
From 
Bloomberg
 via 
gCaptain

New Ships and Cargo Transfers Boost Russia’s Crude Oil Exports

By Julian Lee (Bloomberg) — Russia has amassed new tankers and resorted to ship-to-ship cargo transfers to keep key oil exports flowing. But deliveries to customers remain a problem, with laden...
Venture Global LNG to Start commercial Operations Calcasieu Pass Louisiana Plant
Shipping
February 18, 2025
From 
Reuters
 via 
gCaptain

Venture Global LNG to Start commercial Operations Calcasieu Pass Louisiana Plant

Venture Global LNG will begin commercial operations at its Calcasieu Pass plant in Louisiana on April 15, the company said on Monday, some three years after it shipped its first LNG cargo in a move that led to a protracted dispute with customers.
U.S. Navy and Coast Guard Rescue Seven From Sinking Iranian Vessel in Arabian Gulf
Shipping
February 18, 2025
From 
Mike Schuler
 via 
gCaptain

U.S. Navy and Coast Guard Rescue Seven From Sinking Iranian Vessel in Arabian Gulf

U.S. naval forces successfully rescued seven mariners from a sinking Iranian commercial vessel in the Arabian Gulf. The rescue operation involved the USS DEVASTATOR (MCM 6) and U.S. Coast Guard...
Ecuadorian Navy Seizes One Ton of Drugs from Containership Near Manta
Shipping
February 18, 2025
From 
Mike Schuler
 via 
gCaptain

Ecuadorian Navy Seizes One Ton of Drugs from Containership Near Manta

The Ecuadorian Navy intercepted the containership Guayaquil Express approximately 45 nautical miles from Manta, discovering about 1,745 blocks of suspected illegal drugs during a special operation. Coast Guard Command and...