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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,...

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...

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.

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.

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...

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.

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...

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...

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...

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...

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...

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.