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US Economy Contracts for First Time Since 2022 on Imports Surge
News
April 30, 2025
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.
Russia Reflags, Renames Sanctioned ‘Shadow Fleet’ LNG Tankers Ahead of Suspected Arctic LNG 2 Startup
News
April 30, 2025
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.
Trump China Tariffs Set to Unleash Supply Shock on U.S. Economy
News
April 28, 2025
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.
Mike Lynch’s Sunken Yacht To Be Pulled From Sicilian Waters In May
News
April 27, 2025
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...
MSC Sets a New Standard for Time Off in 2025, Plus Earn a $38,340 Bonus as an Able Seaman!
News
April 25, 2025
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...
Europe Buys 80 Percent of US LNG in April, Replacing Russian Supplies Down One-Third
News
April 25, 2025
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...
Apple Aims to Source All US iPhones From India in Pivot Away From China, FT Reports
News
April 25, 2025
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.
China Stops Imports of US LNG Amid Trade War, Custom Data Shows
News
April 21, 2025
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.
Trump Administration Opens Pacific Remote Islands Marine Monument to Commercial Fishing
News
April 18, 2025
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...
US Steps Up Houthi Campaign With Deadly Strikes on Red Sea Oil Port
News
April 18, 2025
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.
Russian Arctic Oil Exports to China Jump Helped by STS Transfers, Sources Say
News
April 17, 2025
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.
Greece Submits Plans on Maritime Use After Falling Foul of EU Rules
News
April 16, 2025
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...