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Israel’s Strikes on Iran Jolt Tanker Markets, Freight Rates Soar
News
June 13, 2025
From 
Bloomberg
 via 
gCaptain

Israel’s Strikes on Iran Jolt Tanker Markets, Freight Rates Soar

Israel’s overnight airstrikes on Iran drove up freight rates and tanker stocks Friday as traders and investors priced in the prospect of disruption to a large swath of the global oil-shipping fleet.
Finnish Prosecutors Consider Charges Against Officers of Tanker ‘Eagle S’ Over Baltic Cable Damage
News
June 13, 2025
From 
Reuters
 via 
gCaptain

Finnish Prosecutors Consider Charges Against Officers of Tanker ‘Eagle S’ Over Baltic Cable Damage

Finnish prosecutors are considering pressing charges against three senior officers of an oil tanker suspected of damaging undersea power and telecommunications cables in the Baltic Sea in December, police and the prosecutor said on Friday.
Gulf Shipping on Edge as Israel Sets Nuclear Deal Deadline
News
June 12, 2025
From 
Mike Schuler
 via 
gCaptain

Gulf Shipping on Edge as Israel Sets Nuclear Deal Deadline

The Joint Maritime Information Center (JMIC) has issued an advisory about potential maritime security impacts in the Arabian Gulf, Strait of Hormuz, and Northern Arabian Sea after Israeli authorities reportedly...
Most G7 Members Ready to Lower Russian Oil Price Cap Without U.S.
News
June 12, 2025
From 
Reuters
 via 
gCaptain

Most G7 Members Ready to Lower Russian Oil Price Cap Without U.S.

Most countries in the Group of Seven nations are prepared to go it alone and lower the G7 price cap on Russian oil even if U.S. President Donald Trump decides to opt out, four sources familiar with the matter said.
Taiwan Jails Chinese Ship Captain for Damaging Undersea Cables
News
June 12, 2025
From 
Reuters
 via 
gCaptain

Taiwan Jails Chinese Ship Captain for Damaging Undersea Cables

A Taiwanese court sentenced the Chinese captain of a ship to three years in jail on Thursday after finding him guilty of intentionally damaging undersea cables off the island in February, in a case that alarmed Taiwan officials.
Trump Says U.S.-China Trade Deal ‘Done’ as Rare Earths, Tariffs Take Center Stage
News
June 11, 2025
From 
Reuters
 via 
gCaptain

Trump Says U.S.-China Trade Deal ‘Done’ as Rare Earths, Tariffs Take Center Stage

A U.S.-China trade deal is "done," U.S. President Donald Trump said on Wednesday, hours after negotiators from Washington and Beijing agreed on a framework to get a fragile trade truce back on track and remove Chinese export restrictions on rare earth minerals and other critical industrial components.
Mexican Fishing Crew Faces First Federal Charges for Illegal Red Snapper Fishing in U.S. Waters
News
June 10, 2025
From 
Mike Schuler
 via 
gCaptain

Mexican Fishing Crew Faces First Federal Charges for Illegal Red Snapper Fishing in U.S. Waters

Four Mexican fishermen have pleaded guilty to illegally harvesting red snapper from U.S. waters, marking a significant shift in enforcement policy for marine resource protection. The crew, consisting of Jose...
Trump’s Energy Dominance Push Helped by Gulf Oil Output Revival
News
June 10, 2025
From 
Bloomberg
 via 
gCaptain

Trump’s Energy Dominance Push Helped by Gulf Oil Output Revival

US oil production is poised to rise this year and next as President Donald Trump pushes for more drilling. But as crude prices tumble, most of the growth will come from a surprising source: the Gulf of Mexico.
Russia’s Newest Icebreaking Tanker Reaches Arctic Mega Project ‘Vostok Oil’ For First Time
News
June 10, 2025
From 
Malte Humpert
 via 
gCaptain

Russia’s Newest Icebreaking Tanker Reaches Arctic Mega Project ‘Vostok Oil’ For First Time

Russia’s newest ice-capable oil tanker, Valentin Pikul, has reached the Vostok Oil project, under construction in the high Arctic, for the first time. The trip through hundreds of nautical miles of sea ice likely functions as the vessel’s ice trials.
Israeli Forces Seize Gaza Aid Boat Carrying Greta Thunberg
News
June 9, 2025
From 
Reuters
 via 
gCaptain

Israeli Forces Seize Gaza Aid Boat Carrying Greta Thunberg

Israeli naval forces boarded and seized a charity vessel carrying Swedish activist Greta Thunberg, which had tried to break the naval blockade of the Gaza Strip on Monday.
Japan’s Taiyo Oil Imports Russian Crude on US-Sanctioned Tanker
News
June 9, 2025
From 
Bloomberg
 via 
gCaptain

Japan’s Taiyo Oil Imports Russian Crude on US-Sanctioned Tanker

The Japanese oil refiner Taiyo Oil Co. is taking delivery of a cargo of Russian crude on a tanker that’s blacklisted by both the US Treasury and the European Union.
Israel Orders Military To Stop Gaza Bound Aid Ship
News
June 8, 2025
From 
Reuters
 via 
gCaptain

Israel Orders Military To Stop Gaza Bound Aid Ship

By Crispian Balmer JERUSALEM, June 8 (Reuters) – Israeli Defence Minister Israel Katz told the military on Sunday to stop a charity boat carrying activists including Sweden’s Greta Thunberg who are planning to defy...