Shipping
Articles

From
Mike Schuler
via
gCaptain
U.S. Targets Iranian Shipping Empire in Largest Sanctions Crackdown Since 2018
Son of Iran’s Supreme Leader Advisor Ran Vast Sanctions-Evasion Fleet, U.S. Says The U.S. Department of the Treasury has taken action against a sophisticated shipping empire that has been transporting...

From
Mike Schuler
via
gCaptain
First International Ready for Recycling Certificate Issued Under Hong Kong Convention
GMS and the Liberian Registry have announced the landmark issuance of the world’s first International Ready for Recycling Certificate (IRRC) since last month’s entry into force of the Hong Kong...

From
Mike Schuler
via
gCaptain
U.S. Trade Deals Offer Little Relief for Struggling Container Market
Recent trade agreements between the U.S. and key trading partners are failing to revitalize the struggling ocean container shipping market, according to the latest analysis from Xeneta released today. Data...

From
Mike Schuler
via
gCaptain
Boskalis-Allseas Consortium Lands $1.4 Billion Taiwan Gas Pipeline Project
A 50/50 consortium formed by Boskalis and Allseas has secured a €1.2 billion (US $1.38 billion) contract from CPC Corporation Taiwan to build the second offshore gas pipeline from Yongan...

From
Mike Schuler
via
gCaptain
Venture Global Secures Record $15.1 Billion Financing for CP2 LNG Project
Venture Global has announced a final investment decision (FID) and successful closing of $15.1 billion in project financing for Phase 1 of its CP2 LNG facility, marking a significant milestone...

From
Mike Schuler
via
gCaptain
Houthi Militants Release Video of Kidnapped ETERNITY C Crew Members
Crew members of the Liberian-flagged bulk carrier ETERNITY C have appeared in what maritime security experts describe as a heavily scripted propaganda video following their kidnapping by Houthi militants. The...

From
Reuters
via
gCaptain
Yemen’s Houthis Threaten To Target Ships Linked To Firms Dealing With Israeli Ports
July 27 (Reuters) – Yemen’s Houthis said on Sunday they would target any ships belonging to companies that do business with Israeli ports, regardless of their nationalities, as part of what they called the fourth...

From
Bloomberg
via
gCaptain
Supertanker Hauling Saudi Diesel Heads to Fuel-Starved Europe
A supertanker carrying a cargo of diesel from the Middle East is en route to the fuel-starved European market, reflecting supply tightness in the region.

From
Mike Schuler
via
gCaptain
CMA CGM Phoenix Becomes Largest Containership Ever to Fly U.S. Flag
French shipping group CMA CGM marked a major milestone with the official reflagging of the CMA CGM Phoenix under the U.S. flag in Charleston, South Carolina. At 9,300 TEU capacity,...

From
Reuters
via
gCaptain
Greece to Send Salvage Ship to Red Sea After Latest Houthi Attacks
Greece will deploy a salvage vessel in the Red Sea to assist in maritime accidents and protect seafarers and global shipping, the shipping minister said on Thursday, following attacks on two Greek vessels by Yemen's Houthi militants this month.

From
Bloomberg
via
gCaptain
Iron Ore Exports Swell to Record at Australia’s Top Port
Iron ore shipments from Australia’s largest bulk-export terminal swelled to a record in June, in a sign of ample seaborne supplies just as concerns mount about the outlook for Chinese demand.

From
Reuters
via
gCaptain
Kazakh Black Sea Oil Exports Resume as Tankers Given Access
Russia's FSB security service has started handing out clearance for foreign tankers to access the Black Sea ports, allowing for Kazakhstan's oil exports to resume after they were halted for nearly a day, four industry sources said on Thursday.