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GE Vernova Pays Nantucket $10.5 Million for Busted Blade
News
July 14, 2025
From 
Bloomberg
 via 
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...
European Commission to Propose Floating Russian Oil Price Cap
News
July 11, 2025
From 
Reuters
 via 
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.
Copper Traders Rush Metal to Hawaii to Capture Mega Tariff Trade
News
July 10, 2025
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.
Greek Tanker Fleet Steps Up Ship Inspections Near Russian Ports After Mysterious Blasts
News
July 9, 2025
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...
Cartel Crew Sentenced to Prison Over Ireland’s Largest-Ever Drug Bust
News
July 9, 2025
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...
India Seeks $1.1 Billion Reparation After MSC Fuel Spill in May
News
July 8, 2025
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.
Germany Accuses China of Laser Targeting Aircraft in EU’s Red Sea Mission
News
July 8, 2025
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.
Historic SL-7 Containerships Could Find New Purpose as Maritime Exposition Centers
News
July 8, 2025
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...
MOL and Kinetics Partner to Launch Revolutionary Floating Data Center by 2027
News
July 8, 2025
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...
Indian Seafarers Freed After Months of Detention at Yemen’s Ras Isa Port
News
July 7, 2025
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...
Two Injured, Two Missing in New Ship Attack Near Yemen’s Hodeidah, Ambrey Says
News
July 7, 2025
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.
Israel Targets Yemen Ports, Power Station After Renewed Houthi Attacks
News
July 7, 2025
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...