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Hurricane Erin Surges To Category Five, First Of 2025 Atlantic Season
News
August 16, 2025
From 
Bloomberg
 via 
gCaptain

Hurricane Erin Surges To Category Five, First Of 2025 Atlantic Season

By Brian K. Sullivan Aug 16, 2025 (Bloomberg) –Hurricane Erin strengthened on Saturday into a “catastrophic” Category 5 hurricane north of the Caribbean islands, reaching the top of the five-step, Saffir-Simpson...
US Mulled Use Of Russia Icebreakers For Gas Development Ahead Of Summit
News
August 16, 2025
From 
Reuters
 via 
gCaptain

US Mulled Use Of Russia Icebreakers For Gas Development Ahead Of Summit

By Marwa Rashad and Anna Hirtenstein LONDON, Aug 15 (Reuters) – The United States has had internal discussions on using Russian nuclear-powered icebreaker vessels to support the development of gas and LNG projects...
Chinese LNG Buyers Snap Up Imports as Prices Fall to Refill Storage
News
August 15, 2025
From 
Bloomberg
 via 
gCaptain

Chinese LNG Buyers Snap Up Imports as Prices Fall to Refill Storage

China’s liquefied natural gas buyers are boosting imports as falling prices and the need to replenish inventories end months of sluggish deliveries.
China, Philippines Trade Blame Over Collision in Contested Sea
News
August 15, 2025
From 
Bloomberg
 via 
gCaptain

China, Philippines Trade Blame Over Collision in Contested Sea

China and the Philippines are trading blame over an incident earlier this week in which two Chinese ships collided in the South China Sea, where both nations have competing territorial claims.
Ukraine Reports Strikes on Russian Oil Refinery, Caspian Port Hub
News
August 15, 2025
From 
Reuters
 via 
gCaptain

Ukraine Reports Strikes on Russian Oil Refinery, Caspian Port Hub

Ukraine struck the Syzran oil refinery in Russia's Samara region in an overnight attack and also hit a Caspian Sea port and cargo vessel used to transport military supplies from Iran to Russia the previous day, Kyiv said on Friday.
CK Hutchison Profit Plunges 92% on One-Off Loss From Merger
News
August 14, 2025
From 
Bloomberg
 via 
gCaptain

CK Hutchison Profit Plunges 92% on One-Off Loss From Merger

CK Hutchison Holdings Ltd.’s profit fell 92% in the first half of the year, due to a one-time and non-cash loss on account of the merger of its telecommunications arm with Vodafone Group Plc.
India’s Trade Gap Widens to 8-Month High as Imports Rise
News
August 14, 2025
From 
Bloomberg
 via 
gCaptain

India’s Trade Gap Widens to 8-Month High as Imports Rise

India’s trade deficit widened to an eight-month high in July, as the rise in inbound shipments outpaced the growth in exports.  The gap between exports and imports stood at $27.35 billion last month, data showed Thursday.
New York Launches Landmark Hybrid-Electric Ferry Service to Governors Island
News
August 13, 2025
From 
Mike Schuler
 via 
gCaptain

New York Launches Landmark Hybrid-Electric Ferry Service to Governors Island

The Trust for Governors Island has unveiled the Harbor Charger, New York State’s first hybrid-electric public ferry. The vessel enters service today, coinciding with the 20th anniversary of Governors Island...
Ukraine Claims Attack on Hub for Major Russian Oil Pipelines
News
August 13, 2025
From 
Bloomberg
 via 
gCaptain

Ukraine Claims Attack on Hub for Major Russian Oil Pipelines

Ukraine claimed a strike on an important hub for Russia’s network of crude-exporting pipelines, though flows from the system to Europe seem to remain uninterrupted for now.
Venture Global Triumphs Over Shell in LNG Arbitration Fight
News
August 13, 2025
From 
Bloomberg
 via 
gCaptain

Venture Global Triumphs Over Shell in LNG Arbitration Fight

Venture Global Inc., one of the largest US exporters of liquefied natural gas, has prevailed over oil giant Shell Plc in an arbitration case over the sale of cargoes from its first export plant, capping a two-year fight.
China, US Clash Over Naval Incident Near Scarborough Shoal
News
August 13, 2025
From 
Bloomberg
 via 
gCaptain

China, US Clash Over Naval Incident Near Scarborough Shoal

The Chinese navy said it expelled a US Navy ship that entered its territorial waters in the South China Sea, while the US defended the operation as legal under international law.
Trump Administration Rejects IMO’s “Net-Zero Framework” as Hidden Tax on Americans
News
August 12, 2025
From 
Mike Schuler
 via 
gCaptain

Trump Administration Rejects IMO’s “Net-Zero Framework” as Hidden Tax on Americans

The Trump Administration has issued a strong rebuke of the International Maritime Organization’s proposed “Net-Zero Framework,” characterizing it as “effectively a global carbon tax on Americans levied by an unaccountable...