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CK Hutchison Profit Plunges 92% on One-Off Loss From Merger
News
August 14, 2025
From 
Bloomberg
 via 
gCaptain

CK Hutchison Profit Plunges 92% on One-Off Loss From Merger

CK Hutchison Holdings Ltd.’s profit fell 92% in the first half of the year, due to a one-time and non-cash loss on account of the merger of its telecommunications arm with Vodafone Group Plc.
India’s Trade Gap Widens to 8-Month High as Imports Rise
News
August 14, 2025
From 
Bloomberg
 via 
gCaptain

India’s Trade Gap Widens to 8-Month High as Imports Rise

India’s trade deficit widened to an eight-month high in July, as the rise in inbound shipments outpaced the growth in exports.  The gap between exports and imports stood at $27.35 billion last month, data showed Thursday.
New York Launches Landmark Hybrid-Electric Ferry Service to Governors Island
News
August 13, 2025
From 
Mike Schuler
 via 
gCaptain

New York Launches Landmark Hybrid-Electric Ferry Service to Governors Island

The Trust for Governors Island has unveiled the Harbor Charger, New York State’s first hybrid-electric public ferry. The vessel enters service today, coinciding with the 20th anniversary of Governors Island...
Ukraine Claims Attack on Hub for Major Russian Oil Pipelines
News
August 13, 2025
From 
Bloomberg
 via 
gCaptain

Ukraine Claims Attack on Hub for Major Russian Oil Pipelines

Ukraine claimed a strike on an important hub for Russia’s network of crude-exporting pipelines, though flows from the system to Europe seem to remain uninterrupted for now.
Venture Global Triumphs Over Shell in LNG Arbitration Fight
News
August 13, 2025
From 
Bloomberg
 via 
gCaptain

Venture Global Triumphs Over Shell in LNG Arbitration Fight

Venture Global Inc., one of the largest US exporters of liquefied natural gas, has prevailed over oil giant Shell Plc in an arbitration case over the sale of cargoes from its first export plant, capping a two-year fight.
China, US Clash Over Naval Incident Near Scarborough Shoal
News
August 13, 2025
From 
Bloomberg
 via 
gCaptain

China, US Clash Over Naval Incident Near Scarborough Shoal

The Chinese navy said it expelled a US Navy ship that entered its territorial waters in the South China Sea, while the US defended the operation as legal under international law.
Trump Administration Rejects IMO’s “Net-Zero Framework” as Hidden Tax on Americans
News
August 12, 2025
From 
Mike Schuler
 via 
gCaptain

Trump Administration Rejects IMO’s “Net-Zero Framework” as Hidden Tax on Americans

The Trump Administration has issued a strong rebuke of the International Maritime Organization’s proposed “Net-Zero Framework,” characterizing it as “effectively a global carbon tax on Americans levied by an unaccountable...
Seaspan, Anew Climate Debut West Coast’s First Certified Renewable LNG Bunkering Service
News
August 12, 2025
From 
Mike Schuler
 via 
gCaptain

Seaspan, Anew Climate Debut West Coast’s First Certified Renewable LNG Bunkering Service

Seaspan Energy and Anew Climate have established a strategic partnership to deliver renewable liquefied natural gas (R-LNG) to maritime customers along the North American West Coast, marking the first service...
South Africa to Offer US a Revised Trade Deal on Tuesday
News
August 12, 2025
From 
Reuters
 via 
gCaptain

South Africa to Offer US a Revised Trade Deal on Tuesday

South Africa will submit a revised offer for a trade deal to Washington on Tuesday, the trade minister said, in an effort to lower the 30% tariff rate U.S. President Donald Trump imposed on exports to the United States last week.
Russia Keeps Crude Exports Flowing Ahead of Trump-Putin Summit
News
August 12, 2025
From 
Bloomberg
 via 
gCaptain

Russia Keeps Crude Exports Flowing Ahead of Trump-Putin Summit

Russia’s oil shipments nudged down for a third week, but remain comfortably within the range seen so far this year. Threats of additional tariffs are having little immediate impact on flows ahead of a Friday meeting between US President Donald Trump and his Russian counterpart Vladimir Putin.
Watch: Passenger Vessel Caught in Oahu Surf
News
August 11, 2025
From 
Mike Schuler
 via 
gCaptain

Watch: Passenger Vessel Caught in Oahu Surf

The U.S. Coast Guard is monitoring a passenger vessel that ran aground near Kewalo Basin in Honolulu. The Discovery, a 75-foot vessel operating as a shuttle for Atlantis Adventures, is...
Finland Charges ‘Eagle S’ Tanker Captain, Officers Over Cable Cuts
News
August 11, 2025
From 
Reuters
 via 
gCaptain

Finland Charges ‘Eagle S’ Tanker Captain, Officers Over Cable Cuts

Finland's national prosecutor's office said on Monday it had brought charges against the captain and first and second officers of the Eagle S oil tanker over the cutting of undersea cables in the Gulf of Finland in December.