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Shipping Magnate John Fredriksen Selling $337 Million London Mega-Mansion
News
July 22, 2025
From 
Mike Schuler
 via 
gCaptain

Shipping Magnate John Fredriksen Selling $337 Million London Mega-Mansion

Shipping billionaire John Fredriksen is leaving the UK after listing his historic London mansion for a eye-popping $337 million, according to reports. The 81-year-old Cypriot, worth an estimated $17 billion,...
BAR Technologies Lands Breakthrough LR2 Tanker Order for Wind Propulsion
News
July 22, 2025
From 
Mike Schuler
 via 
gCaptain

BAR Technologies Lands Breakthrough LR2 Tanker Order for Wind Propulsion

BAR Technologies has secured a landmark order to install its WindWings propulsion system on two new LR2 dual-fuel tankers, marking one of the first major wind propulsion deployments for this...
Israeli Military Strike’s Houthi Targets in Yemen’s Hodeidah Port
News
July 21, 2025
From 
Reuters
 via 
gCaptain

Israeli Military Strike’s Houthi Targets in Yemen’s Hodeidah Port

The Israeli military attacked Houthi targets in Yemen's Hodeidah port on Monday in its latest assault on the Iran-backed militants, who have been striking ships bound for Israel and launching missiles against it.
Europe’s Sanctions on Russian Diesel Won’t Hit Until January
News
July 21, 2025
From 
Bloomberg
 via 
gCaptain

Europe’s Sanctions on Russian Diesel Won’t Hit Until January

The European Union said a new set of measures aimed at restricting the flow of fuel made from Russian crude won’t take effect until January, easing some concerns that they would tighten a diesel market in the region that’s already soaring.
Japanese Shipping Giants to Donate Large Training Ship to Japan’s Maritime Education Agency
News
July 21, 2025
From 
Mike Schuler
 via 
gCaptain

Japanese Shipping Giants to Donate Large Training Ship to Japan’s Maritime Education Agency

Major Japanese shipping companies have initiated discussions to donate a large-sized training vessel to the Japan Agency of Maritime Education and Training for Seafarers (JMETS), addressing critical challenges in maritime...
EU Delists Three Sanctioned MOL LNG Carriers After Assurances Vessels Will Not Carry Russian Arctic Gas
News
July 21, 2025
From 
Malte Humpert
 via 
gCaptain

EU Delists Three Sanctioned MOL LNG Carriers After Assurances Vessels Will Not Carry Russian Arctic Gas

In what appears to be a first, the European Union has delisted three previously sanctioned Mitsui O.S.K. Lines (MOL) LNG carriers. The move comes as part of the EU’s 18th package of economic sanctions against Russia, which imposed measures against 105 additional shadow fleet vessels.
At Least 27 Killed After Vietnam Tourist Boat Capsizes
News
July 19, 2025
From 
Reuters
 via 
gCaptain

At Least 27 Killed After Vietnam Tourist Boat Capsizes

HANOI, July 19 (Reuters) – At least 27 people died after a tourist boat capsized in stormy weather in Vietnam’s Halong Bay on Saturday, state media reported. The boat, carrying 53 people, tipped over at around 2...
Greek Owner of Cocaine-Loaded Vessel Seized in 2023 Denies Charges
News
July 18, 2025
From 
Reuters
 via 
gCaptain

Greek Owner of Cocaine-Loaded Vessel Seized in 2023 Denies Charges

ATHENS, July 18 (Reuters) – The Greek former owner of a cargo ship, seized by Spain in 2023 for carrying more than four tons of cocaine along with coffee beans from Latin America to...
Report: China Threatens to Block Panama Ports Deal Unless COSCO Gets a Stake
News
July 17, 2025
From 
Reuters
 via 
gCaptain

Report: China Threatens to Block Panama Ports Deal Unless COSCO Gets a Stake

July 17 (Reuters) – China is threatening to block the sale of more than 40 ports, owned by Hong Kong-based CK Hutchison, to BlackRock and Mediterranean Shipping Company (MSC) if Chinese shipping company Cosco...
Whistleblower Tip Leads to $1.75 Million Fine for Ship Manager Over Oil Dumping Off New Orleans
News
July 17, 2025
From 
Mike Schuler
 via 
gCaptain

Whistleblower Tip Leads to $1.75 Million Fine for Ship Manager Over Oil Dumping Off New Orleans

Eagle Ship Management LLC (ESM) has pleaded guilty to deliberately discharging more than 10,000 gallons of oil-contaminated waste into U.S. waters near New Orleans, according to Justice Department officials. The...
LNG Canada Ramps Up Exports as PetroChina Takes First Cargo
News
July 17, 2025
From 
Mike Schuler
 via 
gCaptain

LNG Canada Ramps Up Exports as PetroChina Takes First Cargo

LNG Canada has loaded its fifth cargo, marking an accelerated ramp-up in exports, according to data from Kpler. The milestone shipment was lifted by PetroChina, which controls the Hong Kong-flagged...
Second Russian ‘Shadow Fleet’ Tanker Docks at Sanctioned Arctic LNG Project As Moscow Struggles to Find Buyers
News
July 17, 2025
From 
Malte Humpert
 via 
gCaptain

Second Russian ‘Shadow Fleet’ Tanker Docks at Sanctioned Arctic LNG Project As Moscow Struggles to Find Buyers

A year after Russia’s flagship liquefied natural gas project, Arctic LNG 2, loaded its first cargo, buyers remain elusive. Despite the ongoing difficulties in securing offtake this summer’s second loading is currently under way.