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Articles

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...

From
Bloomberg
via
gCaptain
G-7 Allies Weigh Tightening Russian Oil Price Cap
(Bloomberg) — The Group of Seven is considering collectively tightening or adapting an oil price cap on Russian petroleum in an effort to reduce Moscow’s revenues as the war in...

From
Bloomberg
via
gCaptain
Shipping Giants Ask Watchdog to Avoid Biofuels in Green Push
Some major shipping lines including Hapag-Lloyd AG and Louis Dreyfus Armateurs are calling on the International Maritime Organization to avoid backing crop-based biofuels as the industry pushes to decarbonize.

From
Mike Schuler
via
gCaptain
MARAD Approves Texas GulfLink Deepwater Oil Port
The U.S. Maritime Administration (MARAD) has approved the construction of a new deepwater port off the Texas coast, marking a significant expansion of America’s oil export capabilities. The Texas GulfLink...

From
Bloomberg
via
gCaptain
EU In Talks To Fund Fleet To Repair Damaged Subsea Cables
By Gian Volpicelli and Andrea Palasciano Feb 15, 2025 (Bloomberg) –The European Union is mulling a public-private initiative worth “hundreds of millions” of euros to buy ships that can promptly repair...

From
Reuters
via
gCaptain
Trump Administration Grants First U.S. Export License After Biden’s Freeze
U.S. President Donald Trump's administration said on Friday it has granted a liquefied natural gas export license to the Commonwealth LNG project in Louisiana, the first approval of LNG exports after former President Joe Biden paused them early last year.

From
Bloomberg
via
gCaptain
Trump Widens Trade Fight with ‘Reciprocal Tariff’ Threat
President Donald Trump is embarking on what may be his most disruptive action yet for the global economy by broadening his grievances to how other countries choose to tax and regulate.

From
Bloomberg
via
gCaptain
India to Boost Oil and Gas Imports From U.S. to Avoid Trump Tariffs
India has agreed to boost oil and gas imports from the US in an effort to reduce the trade imbalance between the two countries and avoid retaliatory tariffs.

From
Bloomberg
via
gCaptain
Russian Oil Tanker Fleet Severely Hobbled by Last Month’s US Sanctions
The latest US sanctions on Russia’s oil trade have brought a swath of tankers that deliver Moscow’s crude to a halt — reinforcing the significance of the measures in any negotiations over ending the war in Ukraine.

From
Mike Schuler
via
gCaptain
HD Korea Shipbuilding Unveils Revolutionary Nuclear-Powered Containership Design
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has reached a significant milestone in maritime innovation with the unveiling of its nuclear-powered containership design utilizing Small Modular Reactor (SMR) technology....