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Estonia Confirms Russia Sent Jet After Attempt to Stop Sanction-breaking Ship
News
May 15, 2025
From 
Reuters
 via 
gCaptain

Estonia Confirms Russia Sent Jet After Attempt to Stop Sanction-breaking Ship

Estonia said on Thursday that Moscow had briefly sent a fighter jet into NATO airspace over the Baltic Sea during an attempt to stop a Russian-bound oil tanker thought to be part of a "shadow fleet" defying Western sanctions on Moscow.
US-China Trade Clash Risks Making Europe Dumping Ground for Cheap Goods
News
May 15, 2025
From 
Bloomberg
 via 
gCaptain

US-China Trade Clash Risks Making Europe Dumping Ground for Cheap Goods

China’s widening trade surplus with the European Union is fueling fresh concerns that the 27-nation bloc risks becoming a dumping ground for cheap goods in the volatile tariff confrontation between Washington and Beijing.
South Africa’s Transnet, Union in Talks to Avoid Strike
News
May 14, 2025
From 
Bloomberg
 via 
gCaptain

South Africa’s Transnet, Union in Talks to Avoid Strike

(Bloomberg) — The biggest labor union at South Africa’s state-owned port and rail company are starting final talks with a third-party arbitrator to resolve a wage dispute and stave off...
World’s First Commercial-scale E-methanol Plant Opens in Denmark
News
May 13, 2025
From 
Reuters
 via 
gCaptain

World’s First Commercial-scale E-methanol Plant Opens in Denmark

The world's first commercial-scale e-methanol plant began operations in Denmark on Tuesday, with shipping giant Maersk MAERSKb.CO set to buy part of the production as a low-emission fuel for its fleet of container ships.
US, China to Slash Tariffs During 90-Day Reprieve for Talks
News
May 12, 2025
From 
Bloomberg
 via 
gCaptain

US, China to Slash Tariffs During 90-Day Reprieve for Talks

The US and China will temporarily lower tariffs on each other’s products in a dramatic ratcheting down of trade tensions that buys the world’s two largest economies three months to work toward a broader agreement.
Finland Moves Ahead With New Icebreaker for Baltic Sea
News
May 12, 2025
From 
Malte Humpert
 via 
gCaptain

Finland Moves Ahead With New Icebreaker for Baltic Sea

Finland’s premier icebreaker designer, Aker Arctic, has been awarded a contract to develop a new state-of-the-art mid-size icebreaker. The effort is part of a major fleet renewal program to ready Finland's icebreaking fleet for the changing requirements in the Baltic Sea. The country is also part of the ICE Pact with Finnish yards looking to construct icebreakers for Canada and the U.S.
US and China Reach Deal to Slash Tariffs, Lifting Dollar
News
May 12, 2025
From 
Reuters
 via 
gCaptain

US and China Reach Deal to Slash Tariffs, Lifting Dollar

The United States and China have agreed a deal to temporarily slash reciprocal tariffs as the world's two biggest economies seek to end a damaging trade war that has stoked fears of recession and set financial markets on edge.
Traders Rebrand Venezuelan Oil for China as Brazilian, Sources and Tanker Trackers Say
News
May 12, 2025
From 
Reuters
 via 
gCaptain

Traders Rebrand Venezuelan Oil for China as Brazilian, Sources and Tanker Trackers Say

Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian crude over the past year, according to two tanker tracking firms, company documents and four traders, helping buyers to cut logistics costs and circumvent U.S. sanctions.
U.S. Navy Must Pay Families Poisoned By Red Hill Fuel Leak
News
May 11, 2025
From 
Reuters
 via 
gCaptain

U.S. Navy Must Pay Families Poisoned By Red Hill Fuel Leak

A federal judge in Hawaii ordered the U.S. government on Wednesday to pay about $600,000 to six families impacted by a 2021 Red Hill fuel spill that tainted drinking water...
The Risk Of India and Pakistan Fighting At Sea
News
May 11, 2025
From 
gCaptain
 via 
gCaptain

The Risk Of India and Pakistan Fighting At Sea

Editorial Note: This article was originally published at Bloomberg before this weekend’s fragile ceasefire was announced. by Admiral James Stavridis (Bloomberg Opinion) Following the killings of two dozen tourists picnicking in a meadow in...
Trump To Allow Commercial Fishing In New England Marine Monument
News
May 10, 2025
From 
Reuters
 via 
gCaptain

Trump To Allow Commercial Fishing In New England Marine Monument

May 9 (Reuters) – President Donald Trump on Friday will sign a proclamation restoring commercial fishing access to a marine national monument off New England, according to a White House official. The move...
Thyssenkrupp Eyes Europe Shipyard Deals After Naval Orders Surge
News
May 10, 2025
From 
Bloomberg
 via 
gCaptain

Thyssenkrupp Eyes Europe Shipyard Deals After Naval Orders Surge

By William Wilkes May 10, 2025 (Bloomberg) —Thyssenkrupp AG’s naval division is scouting for shipbuilding partners across Europe, as new submarine orders push its German shipyards toward full capacity. Thyssenkrupp Marine...