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Russia Expects India to Keep Buying Its Oil and Seeks China-India-Russia Talks
Shipping
August 20, 2025
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.
Marine Insurers Urged to Address Modern Slavery Risks in Global Maritime Supply Chains
Shipping
August 19, 2025
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...
US-Sanctioned Russian LNG Heads to Asia in Search for Buyers
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August 18, 2025
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.
Panama Canal to Launch Tender for Construction, Operation of Two Ports
Shipping
August 15, 2025
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.
Muted Peak Season Hopes as Tariffs, Overcapacity Weigh on Ocean Carriers
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August 15, 2025
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.
Fire Reported on Maersk Triple-E Off West Africa
Shipping
August 14, 2025
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....
Tropical Storm Erin Strengthens: Coast Guard Sets Port Condition X-RAY for Puerto Rico and USVI
Shipping
August 14, 2025
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...
Romania Pushes NATO to Step Up Black Sea Mine Task Force
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August 14, 2025
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...
Michigan Maritime Training School Owner Pleads Guilty to Falsifying Captain’s Course Records
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August 14, 2025
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...
Container Rates Stabilize After Tariff-Driven Volatility as Market Braces for Second-Half Contraction
Shipping
August 14, 2025
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...
Hapag-Lloyd Posts Solid Half-Year Results Despite Red Sea Crisis and Volatile Trade Environment
Shipping
August 14, 2025
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...
Venture Global Eyes More Wins After Shell Arbitration Victory
Shipping
August 13, 2025
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.