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Articles

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...

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...

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...

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...

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.

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...

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...

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...

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...

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.

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...

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...