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SeaLead Terminates Charters on Sanctioned Ships Linked to Iran
Shipping
August 1, 2025
From 
The Loadstar
 via 
gCaptain

SeaLead Terminates Charters on Sanctioned Ships Linked to Iran

Singapore carrier SeaLead Shipping yesterday terminated charters on 16 ships caught up in the US Office of Foreign Asset Control’s (OFAC) sanctions on an Iranian political adviser.
Container Spot Rates Flat as Peak Season Fails to Materialize
Shipping
August 1, 2025
From 
The Loadstar
 via 
gCaptain

Container Spot Rates Flat as Peak Season Fails to Materialize

Container spot freight rates on the major east-west trades were barely unchanged for yet another week, as expected peak season volumes are yet to materialise and carrier attempts to match capacity with anaemic demand failed to lift prices.
Opinion: Fed Agencies Paralyzed or Deep State Run Amok?
Shipping
August 1, 2025
From 
Mike Schuler
 via 
gCaptain

Opinion: Fed Agencies Paralyzed or Deep State Run Amok?

Why the Senate Must Confirm Civilian Leadership Over the Army Corps of Engineers By William P. Doyle — The U.S. Senate must act to confirm federal agency leadership—starting with the...
Russia’s Oil Shipments Have Quietly Slumped Over the Past Year
Shipping
July 30, 2025
From 
Bloomberg
 via 
gCaptain

Russia’s Oil Shipments Have Quietly Slumped Over the Past Year

In the first seven months of 2025, Moscow exported 4% less crude than it did in the comparable period of 2024, with an even sharper drop from the same timespan in 2023, ship-tracking by Bloomberg shows.
U.S. Targets Iranian Shipping Empire in Largest Sanctions Crackdown Since 2018
Shipping
July 30, 2025
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...
First International Ready for Recycling Certificate Issued Under Hong Kong Convention
Shipping
July 30, 2025
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...
U.S. Trade Deals Offer Little Relief for Struggling Container Market
Shipping
July 29, 2025
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...
Boskalis-Allseas Consortium Lands $1.4 Billion Taiwan Gas Pipeline Project
Shipping
July 29, 2025
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...
Venture Global Secures Record $15.1 Billion Financing for CP2 LNG Project
Shipping
July 28, 2025
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...
Houthi Militants Release Video of Kidnapped ETERNITY C Crew Members
Shipping
July 28, 2025
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...
Yemen’s Houthis Threaten To Target Ships Linked To Firms Dealing With Israeli Ports
Shipping
July 27, 2025
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...
Supertanker Hauling Saudi Diesel Heads to Fuel-Starved Europe
Shipping
July 25, 2025
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.