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Articles

From
Reuters
via
gCaptain
Russia Expects India to Keep Buying Its Oil and Seeks China-India-Russia Talks
Russia expects to continue supplying oil to India despite warnings from the United States, Russian embassy officials in New Delhi said on Wednesday, adding that Moscow hopes trilateral talks will soon take place with India and China.

From
Mike Schuler
via
gCaptain
Marine Insurers Urged to Address Modern Slavery Risks in Global Maritime Supply Chains
The International Union of Marine Insurance (IUMI) has called for marine insurers to heighten their awareness of modern slavery and forced labor risks throughout maritime and global supply chains amid...

From
Bloomberg
via
gCaptain
US-Sanctioned Russian LNG Heads to Asia in Search for Buyers
Several liquefied natural gas tankers are heading to Asia from a Russian export facility sanctioned by the US, potentially testing Washington’s resolve to crack down on the trade amid high-level talks over the war in Ukraine.

From
Reuters
via
gCaptain
Panama Canal to Launch Tender for Construction, Operation of Two Ports
The Panama Canal will soon begin consultations with companies about launching a competitive tender in the first quarter of next year offering two new ports for construction and operation within its zone, a source involved in the preparations said on Thursday.

From
The Loadstar
via
gCaptain
Muted Peak Season Hopes as Tariffs, Overcapacity Weigh on Ocean Carriers
On the ocean freight rates front, it was more of the same this week; a slowdown in the speed of decline seemingly the best carriers can hope for – although The Loadstar was able to find one voice suggesting the prospect of some form of “peak” still lingered.

From
Mike Schuler
via
gCaptain
Fire Reported on Maersk Triple-E Off West Africa
A fire broke out aboard the Marie Maersk off the coast of Liberia on Wednesday, with the crew still fighting to control the blaze a day later, according to Maersk....

From
Mike Schuler
via
gCaptain
Tropical Storm Erin Strengthens: Coast Guard Sets Port Condition X-RAY for Puerto Rico and USVI
The U.S. Coast Guard has issued Port Condition X-RAY for all seaports in Puerto Rico and the U.S. Virgin Islands as Tropical Storm Erin gains strength in the Central Atlantic...

From
Reuters
via
gCaptain
Romania Pushes NATO to Step Up Black Sea Mine Task Force
BUCHAREST, Aug 14 (Reuters) – NATO allies Romania, Bulgaria and Turkey should expand a joint task force that clears mines floating in the Black Sea to include patrols to protect energy facilities and...

From
Mike Schuler
via
gCaptain
Michigan Maritime Training School Owner Pleads Guilty to Falsifying Captain’s Course Records
A St. Clair County man has pleaded guilty to falsifying records for students seeking to become credentialed merchant mariners, potentially endangering safety on the Great Lakes. The case is the...

From
Mike Schuler
via
gCaptain
Container Rates Stabilize After Tariff-Driven Volatility as Market Braces for Second-Half Contraction
Drewry’s World Container Index decreased 3% to $2,350 per 40ft container this week, marking the ninth consecutive week of decline as the market continues to stabilize following months of extreme...

From
Mike Schuler
via
gCaptain
Hapag-Lloyd Posts Solid Half-Year Results Despite Red Sea Crisis and Volatile Trade Environment
Hapag-Lloyd has reported a solid financial performance for the first half of 2025, achieving a Group EBITDA of USD 1.9 billion despite ongoing challenges in global shipping markets. The German...

From
Reuters
via
gCaptain
Venture Global Eyes More Wins After Shell Arbitration Victory
Liquefied natural gas producer Venture Global expects to win its remaining arbitration cases against major energy companies following its victory against Shell, CEO Mike Sabel said on Wednesday.