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Turkey’s Hunt For Energy And Influence Sparks Global Deal Drive
News
July 26, 2025
From 
Bloomberg
 via 
gCaptain

Turkey’s Hunt For Energy And Influence Sparks Global Deal Drive

By Patrick Sykes and Anna Shiryaevskaya Jul 23, 2025 (Bloomberg) –From US natural gas to Southeast Asian oil and and uranium in Sub-Saharan Africa, Turkey is on a global hunt for...
‘Unprecedented’ Ocean Heat Waves In 2023 Suggest Climate Tipping Point
News
July 26, 2025
From 
Bloomberg
 via 
gCaptain

‘Unprecedented’ Ocean Heat Waves In 2023 Suggest Climate Tipping Point

By Danielle Bochove Jul 24, 2025 (Bloomberg) –The world’s oceans experienced a staggering amount of warming in 2023, as vast marine heat waves affected 96% of their surface, breaking records for intensity, longevity...
Transpacific and Asia-Europe Spot Rates Soften Despite Looming GRIs
News
July 25, 2025
From 
The Loadstar
 via 
gCaptain

Transpacific and Asia-Europe Spot Rates Soften Despite Looming GRIs

Spot container freight rates on the transpacific and Asia-Europe trades continued to soften this week, with no general rate increases (GRIs) or peak season surcharges (PSSs) to halt the slide.
CK Hutchison Ports Deal Deadline Likely to be Extended as US-China Tensions Weigh
News
July 25, 2025
From 
Reuters
 via 
gCaptain

CK Hutchison Ports Deal Deadline Likely to be Extended as US-China Tensions Weigh

CK Hutchison's plan to sell most of its $22.8 billion ports business is unlikely to be finalized anytime soon, with political brinkmanship set to continue, and sources saying that a Sunday deadline for exclusive talks was likely to be extended.
Indian Firm Shipped Explosives to Russia Despite US Warnings
News
July 24, 2025
From 
Reuters
 via 
gCaptain

Indian Firm Shipped Explosives to Russia Despite US Warnings

An Indian company shipped $1.4 million worth of an explosive compound with military uses to Russia in December, according to Indian customs data seen by Reuters, despite U.S. threats to impose sanctions on any entity supporting Russia's Ukraine war effort.
EU Shipyards Continue to Service Vessels Carrying Russian LNG
News
July 23, 2025
From 
Malte Humpert
 via 
gCaptain

EU Shipyards Continue to Service Vessels Carrying Russian LNG

European shipyards continue to play a fundamental role in keeping Russia’s fleet of liquefied natural gas carriers in service. As summer maintenance season begins the first Arc7 ice-class gas carriers in service of the Yamal LNG project have arrived at the Fayard A/S shipyard in Odense, Denmark.
Puerto Rico Ends $20 billion LNG Contract Talks with New Fortress Energy, Bloomberg News says
News
July 23, 2025
From 
Reuters
 via 
gCaptain

Puerto Rico Ends $20 billion LNG Contract Talks with New Fortress Energy, Bloomberg News says

Iran warned a U.S. destroyer on Wednesday to change course after it approached waters being monitored by the Islamic Republic, leading the U.S. ship to turn away, Iranian state media reported. The U.S. Navy and U.S. Central Command, which overseas U.S. forces in the Middle East, had no immediate comment on the report.
Russia Pumps Less Gas as China Fails to Offset Lost Europe Flows
News
July 23, 2025
From 
Bloomberg
 via 
gCaptain

Russia Pumps Less Gas as China Fails to Offset Lost Europe Flows

Russia’s gas output declined in the first half of the year as higher exports to China and increased domestic demand failed to make up for lost flows to Europe via Ukraine.The nation produced 334.8 billion of natural and associated gas through June, down 3.2% from the same period a year ago, according to Bloomberg calculations based on industrial output data from the nation’s Federal Statistics Service. Russia’s energy giant Gazprom PJSC accounts for nearly two thirds of Russia’s gas output.
DNV Grants Key Approval for Large-Scale Liquid CO? Carrier Design
News
July 23, 2025
From 
Mike Schuler
 via 
gCaptain

DNV Grants Key Approval for Large-Scale Liquid CO? Carrier Design

DNV has awarded a General Approval for Ship Application (GASA) certificate to a consortium comprising Mitsui O.S.K. Lines, MISC Berhad, PETRONAS CCS Ventures, and Shanghai Merchant Ship Design and Research...
Grimaldi Launches Ammonia-Ready Car Carrier ‘Grande Shanghai’ in China
News
July 23, 2025
From 
Mike Schuler
 via 
gCaptain

Grimaldi Launches Ammonia-Ready Car Carrier ‘Grande Shanghai’ in China

Italian logistics provider Grimaldi Group celebrated the naming ceremony of the Grande Shanghai in Haimen, China today. With a capacity of 9,000 CEU (Car Equivalent Units), the vessel is the first of...
TotalEnergies and CMA CGM Form Landmark Joint Venture for LNG Bunkering in Rotterdam
News
July 23, 2025
From 
Mike Schuler
 via 
gCaptain

TotalEnergies and CMA CGM Form Landmark Joint Venture for LNG Bunkering in Rotterdam

TotalEnergies and CMA CGM Group announced today the formation of a 50/50 joint venture to develop and operate an LNG bunkering solution in the Port of Rotterdam. This marks the...
Holes in EU Russia Sanctions Put Attention Back on Trump Oil Threat
News
July 22, 2025
From 
Reuters
 via 
gCaptain

Holes in EU Russia Sanctions Put Attention Back on Trump Oil Threat

The European Union's latest effort to restrict Russia's oil revenue is unlikely to hurt Moscow's war effort severely, leaving U.S. President Donald Trump's threat of secondary sanctions one of the few remaining economic levers to pressure the Kremlin.