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Bloomberg
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gCaptain
GE Vernova Pays Nantucket $10.5 Million for Busted Blade
(Bloomberg) — GE Vernova Inc. will pay $10.5 million to the town of Nantucket, Massachusetts, after one of its offshore wind turbine blades broke into pieces and washed ashore last...

From
Reuters
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gCaptain
European Commission to Propose Floating Russian Oil Price Cap
The European Commission is expected to propose a floating Russian oil price cap this week as part of a new draft sanctions package in an attempt to overcome opposition from some member states, four EU diplomats said.

From
Bloomberg
via
gCaptain
Copper Traders Rush Metal to Hawaii to Capture Mega Tariff Trade
Copper traders racing to get cargoes into the US are looking to shift deliveries into Hawaii and Puerto Rico to cut shipment times, as Donald Trump’s plan for 50% tariffs threatens to slam the door on a hugely profitable arbitrage trade that has gripped the industry for months.

From
Reuters
via
gCaptain
Greek Tanker Fleet Steps Up Ship Inspections Near Russian Ports After Mysterious Blasts
LONDON/ATHENS, July 9 (Reuters) – Greek shipping companies calling at Russian ports are boosting their vessels’ defenses after a series of mysterious blasts in recent months have damaged tankers linked to Moscow’s oil...

From
Mike Schuler
via
gCaptain
Cartel Crew Sentenced to Prison Over Ireland’s Largest-Ever Drug Bust
Eight crew members from the bulk carrier Matthew have received prison sentences ranging from 13.5 to 20 years for their roles in Ireland’s largest cocaine seizure – a 2.2-tonne haul...

From
Bloomberg
via
gCaptain
India Seeks $1.1 Billion Reparation After MSC Fuel Spill in May
The southern Indian state of Kerala has sued MSC Mediterranean Shipping Co. for the environmental damages caused by a ship capsizing off its coast, according to a court document.

From
Reuters
via
gCaptain
Germany Accuses China of Laser Targeting Aircraft in EU’s Red Sea Mission
Germany summoned the Chinese ambassador to the foreign ministry on Tuesday after saying China's military had laser targeted a German aircraft taking part in an EU operation in the Red Sea.

From
Mike Schuler
via
gCaptain
Historic SL-7 Containerships Could Find New Purpose as Maritime Exposition Centers
The Society of Marine Port Engineers (SMPE) has provided seed funding to the SL7EXPO project, a non-profit initiative aimed at preserving one of the groundbreaking SL-7 Sea-Land Container ships as...

From
Mike Schuler
via
gCaptain
MOL and Kinetics Partner to Launch Revolutionary Floating Data Center by 2027
Mitsui O.S.K. Lines, Ltd. (MOL) has signed a Memorandum of Understanding with Kinetics, a Karpowership initiative, to develop a next-generation Floating Data Center platform that aims to transform digital infrastructure...

From
Mike Schuler
via
gCaptain
Indian Seafarers Freed After Months of Detention at Yemen’s Ras Isa Port
India says it has secured the release of more than 150 seafarers who were stranded at Yemen’s Ras Isa Port, according to the Directorate General of Shipping. All 11 vessels...

From
Mike Schuler
via
gCaptain
Two Injured, Two Missing in New Ship Attack Near Yemen’s Hodeidah, Ambrey Says
Two crew were injured and two others missing on a Liberia-flagged bulk carrier that was attacked with skiffs and drones 49 nautical miles southwest of Yemen's Red Sea port of Hodeidah, British maritime security firm Ambrey said on Monday.

From
Reuters
via
gCaptain
Israel Targets Yemen Ports, Power Station After Renewed Houthi Attacks
By Yomna Ehab and Mohammed Ghobari ADEN/CAIRO, July 7 (Reuters) – Israel struck Houthi targets at three Yemeni ports and a power plant, the military said early on Monday, in...