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From
Mike Schuler
via
gCaptain
More Than 100 Lawmakers Push to Include SHIPS for America Act in Defense Bill
A bipartisan group of 119 lawmakers is urging congressional leaders to preserve and expand provisions of the SHIPS for America Act in the final fiscal year 2027 National Defense Authorization...

From
Mike Schuler
via
gCaptain
Greek Containership Sunk by Naval Drones Off Bulgaria as Black Sea Attacks Escalate
A Greek container ship has sunk after being hit by naval drones off Bulgaria on Wednesday, the Bulgarian government said, in the latest of a series of strikes in the western Black Sea this month that have raised concerns about the widening scope of Russia's war in Ukraine.

From
Mike Schuler
via
gCaptain
Maritime Unions Sound Alarm Over Jones Act Waiver Compliance, Foreign Crews and National Security
Nine maritime labor organizations say the Trump administration’s prolonged Jones Act waiver raises serious questions about compliance with federal law, including reporting requirements, immigration restrictions and the use of foreign...

From
Reuters
via
gCaptain
Shell and Total Post Highest Quarterly Profit Since 2022
Shell and TotalEnergies reported on Thursday sharply higher third-quarter profits and raised share buybacks, as war-driven energy prices and record refining margins helped both beat expectations.

From
Bloomberg
via
gCaptain
COSCO Profit Jumps Most in Two Years as Turmoil Supports Rates
(Bloomberg) — Cosco Shipping Holdings Co. earnings jumped the most in two years as persistent geopolitical disruptions rerouted trade routes, tying up more of its vessels for longer while container...

From
Mike Schuler
via
gCaptain
Lawmakers Vow to Block Use of Training Ship Golden Bear for Deportations
Two California lawmakers are demanding that the Trump administration abandon reported plans to use ships for mass deportations, including the former Cal Poly Maritime Academy training vessel Golden Bear. Reps....

From
Mike Schuler
via
gCaptain
Cheniere LNG Shipments Surge as Iran War Reshapes Global Gas Trade
U.S. LNG giant raises full-year earnings outlook as Middle East supply disruptions boost demand for American exports Cheniere Energy, the largest U.S. exporter of liquefied natural gas (LNG), reported a...

From
Bloomberg
via
gCaptain
Taiwan Flags ‘Obvious’ Threat From 50 Chinese Vessels in Wide Sweep of Waters
China has more than 50 navy and other official vessels operating in a wide swath of sea stretching from southern Japan down to Taiwan and off the Philippines, a senior Taiwan official said, calling the threat level "obvious."

From
Bloomberg
via
gCaptain
Qatar to Buy LNG From Woodside as It Scours for US Supply
QatarEnergy agreed to purchase US liquefied natural gas from Woodside Energy Group Ltd. for two decades, saying it’s now the top buyer of the American fuel as it diversifies from the Middle East.

From
Mike Schuler
via
gCaptain
Romanian Officials Indicted in €7 Million EU-Funded Tugboat Fraud
Four Romanian public officials and two other defendants have been indicted over the alleged fraudulent procurement of two tugboats that were supposed to improve navigation on the Lower Danube River...

From
Mike Schuler
via
gCaptain
Los Angeles, Long Beach Ports Identify LNG and Methanol as Leading Alternative Marine Fuels
The ports of Los Angeles and Long Beach have identified liquefied natural gas (LNG) and methanol as the most viable alternative marine fuels for the near and medium term, with...

From
Mike Schuler
via
gCaptain
Scorpio Tankers Reports $181,000-a-Day LR2 Rates as Middle East War Upends Oil Trade
Scorpio Tankers is reporting a sharp surge in tanker earnings as the war in the Middle East disrupts global oil flows, with its LR2 product tankers securing bookings averaging $181,000...