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From
Bloomberg
via
gCaptain
US Economy Contracts for First Time Since 2022 on Imports Surge
The US economy contracted at the start of the year for the first time since 2022 on a monumental pre-tariffs import surge and more moderate consumer spending, a first snapshot of the ripple effects from President Donald Trump’s trade policy.

From
Malte Humpert
via
gCaptain
Russia Reflags, Renames Sanctioned ‘Shadow Fleet’ LNG Tankers Ahead of Suspected Arctic LNG 2 Startup
Four ice-strengthened newbuild LNG carriers have been reflagged to the Russian Federation along with name changes. The vessels are part of Russia’s emerging ‘shadow fleet’ designed to deliver sanctioned liquefied natural gas from the Arctic.

From
Bloomberg
via
gCaptain
Trump China Tariffs Set to Unleash Supply Shock on U.S. Economy
President Donald Trump’s tariff onslaught has roiled Washington and Wall Street for nearly a month. If the trade war persists, the next upheaval will hit much closer to home.

From
Reuters
via
gCaptain
Mike Lynch’s Sunken Yacht To Be Pulled From Sicilian Waters In May
By Wladimir Pantaleone ROME, April 22 (Reuters) – The superyacht that sank off Sicily last year, killing British tech tycoon Mike Lynch and six others, will be lifted out of the water next...

From
Sponsored
via
gCaptain
MSC Sets a New Standard for Time Off in 2025, Plus Earn a $38,340 Bonus as an Able Seaman!
MSC is giving CIVMARs more time off without missing a paycheck. Every four months at sea, you’ll get two months of paid leave, giving you more time to recharge before...

From
Malte Humpert
via
gCaptain
Europe Buys 80 Percent of US LNG in April, Replacing Russian Supplies Down One-Third
Deliveries of U.S. liquefied natural gas to the European Union were up nearly 20 percent year-over-year during the month of April, new data reveal. For the period of April 1st...

From
Reuters
via
gCaptain
Apple Aims to Source All US iPhones From India in Pivot Away From China, FT Reports
Apple AAPL.O plans to shift the assembly of all iPhones sold in the U.S. to India as early as next year, pivoting away from China to avoid steep tariffs, the Financial Times reported, citing people familiar with the matter.

From
Bloomberg
via
gCaptain
China Stops Imports of US LNG Amid Trade War, Custom Data Shows
China’s purchases of US liquefied natural gas plunged to zero in March after a sharp decline in the previous two months, as the trade war between the two biggest economies alters shipping routes.

From
Mike Schuler
via
gCaptain
Trump Administration Opens Pacific Remote Islands Marine Monument to Commercial Fishing
President Donald Trump signed a proclamation on Thursday opening the Pacific Remote Islands Marine National Monument (PRIMNM) to commercial fishing, marking a substantial change in U.S. fishing policy. The proclamation...

From
Bloomberg
via
gCaptain
US Steps Up Houthi Campaign With Deadly Strikes on Red Sea Oil Port
The US attacked a key Yemen oil port controlled by the Houthis overnight and killed dozens of people, according to the Iran-backed militants, raising the specter of a widening conflict in the Middle East.

From
Reuters
via
gCaptain
Russian Arctic Oil Exports to China Jump Helped by STS Transfers, Sources Say
Russia’s Arctic oil exports to China are set to rise sharply this month buoyed by a jump in ship-to-ship transfers at sea to ensure tankers pulling into port are not on U.S. sanctions lists, according to traders and data from Vortexa.

From
Reuters
via
gCaptain
Greece Submits Plans on Maritime Use After Falling Foul of EU Rules
ATHENS, April 16 (Reuters) – Greece has submitted plans to the EU setting out how it will organise maritime activities such as fishing, tourism and offshore energy after years of delays that drew...