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From
Mike Schuler
via
gCaptain
Northern Lights Expands Carbon Shipping Fleet with New CO2 Carrier
Northern Lights has awarded a long-term time charter contract for a new 12,000-cubic-meter liquefied CO? carrier to a consortium of Japan’s Kawasaki Kisen Kaisha (“K” LINE) and Malaysia’s MISC Berhad,...

From
Malte Humpert
via
gCaptain
Putin Clears TotalEnergies Exit From Arctic LNG 2 as Russia’s Sanctioned LNG Project Faces Shipping Hurdles
Russian President Vladimir Putin has authorized France’s TotalEnergies to sell its 10% stake in the Arctic LNG 2 project, potentially opening the door to one of the most significant Western exits from Russia’s gas sector since Moscow’s invasion of Ukraine.

From
Reuters
via
gCaptain
Russia Tells France to Free Tanker Captain It Says Was Detained on False Charges
Russia is demanding that France release the captain of a tanker detained in France on what it says are false charges, the Russian embassy in Paris saidon Wednesday.

From
Mike Schuler
via
gCaptain
Diana Rips Genco Board After Third Rejection, Urges Shareholders to Vote for Change
The takeover battle between two of the dry bulk shipping sector’s biggest names intensified Tuesday after Diana Shipping publicly blasted Genco Shipping & Trading’s board refusing to engage in negotiations...

From
Mike Schuler
via
gCaptain
U.S. Forces Disable Sanctioned Tanker Bound for Iran as Blockade Enforcement Continues
U.S. forces disabled a sanctioned oil tanker attempting to reach an Iranian port on Tuesday, marking the sixth commercial vessel interdicted since Washington imposed a maritime blockade on Iran nearly...

From
Mike Schuler
via
gCaptain
Rubio Tells Congress: No Iran Sanctions Relief for Reopening Strait of Hormuz
U.S. Secretary of State Marco Rubio said on Tuesday that President Donald Trump's negotiating team has not offered Iran sanctions relief in exchange for reopening the Strait of Hormuz and insisted that any sanctions relief was tied to Tehran giving up its nuclear program.

From
Mike Schuler
via
gCaptain
U.S. Begins Dismantling Major Ocean Observation Network
The U.S. National Science Foundation (NSF) has begun a major downsizing of one of the world’s largest ocean observing networks, announcing plans to remove most of the in-water infrastructure associated...

From
Mike Schuler
via
gCaptain
MSC Confirms Containership Was Hit Twice by Projectiles Off Iraq
Mediterranean Shipping Company (MSC) says its containership MSC Sariska V was struck by two projectiles while departing Iraq’s Port of Umm Qasr on Sunday, confirming one of the most serious attacks on...

From
Malte Humpert
via
gCaptain
Denmark’s Fayard Shipyard Remains Last EU Lifeline for Russia’s Yamal LNG Fleet as Sanctions Clock Ticks Down
The Danish shipyard Fayard is set to remain a critical service hub for Russia’s Arctic LNG trade through at least one more summer, even as European sanctions tighten and other Western shipyards withdraw from the business.

From
Bloomberg
via
gCaptain
The Iran War Is Pushing the Global Gas Trade Into the Shadows
A day before crossing the Strait of Hormuz, an Indonesian seafarer aboard the Al Rayyan tanker published a picture of a rainbow cutting across the bow. “When the dream ship becomes reality,” he wrote on social media, thanking God for the blessing. Then the liquefied natural gas carrier switched off its transponder and began to move out of the Persian Gulf.

From
Mike Schuler
via
gCaptain
MSC Containership Damaged in Apparent Attack Off Iraq
A Panama-flagged containership has been damaged in what appears to be the third reported attack off Iraq since the outbreak of the U.S.-Iran conflict in late February, raising fresh concerns...

From
Reuters
via
gCaptain
EU May Keep Russian Oil Price Cap Unchanged at $44 per Barrel to Pressure Moscow
The European Commission may propose leaving the G7 price cap on Russian crude unchanged at its July review, in an effort to curb Moscow's windfall from the Iran war and the ensuing oil price shock, EU diplomats said on Monday.