Shipping
Articles

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.

From
Reuters
via
gCaptain
Livestock Carrier Fired Upon and Detained Near Yemen, Then Released
People in a wooden boat opened fire on a Comoros-flagged livestock carrier in the Red Sea near Yemen on Thursday, and the vessel was detained by the Yemeni Coast Guard, according to the United Kingdom Maritime Trade Operations (UKMTO).

From
Bloomberg
via
gCaptain
Copper-Laden Ships Race to Reach US Ahead of Trump’s 50% Tariffs
At least four ships carrying copper are trying to reach US ports before August to get ahead of planned import tariffs on the metal. The shipments represent the final scramble by merchants to cash in on a lucrative arbitrage trade that has upended the global copper market since US President Donald Trump first floated the idea of copper tariffs.

From
Mike Schuler
via
gCaptain
Bulker Fleet Growth Slows Despite Projected Six-Year Delivery High in 2026
The global dry bulk fleet is expanding at only half the pace seen during the 2010s, despite forecasts showing bulker deliveries reaching a six-year high by 2026, according to BIMCO’s...

From
Bloomberg
via
gCaptain
Oil Shippers, Traders Stay Away from EU-Sanctioned Nayara Energy
Shipowners and oil traders are staying away from Russia-backed Nayara Energy Ltd. as part of the fallout faced by the Indian refiner, after it was singled out in the latest round of European Union sanctions.

From
Mike Schuler
via
gCaptain
U.S. Treasury Sanctions Key Houthi Petroleum Network in Yemen and UAE
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated two individuals and five entities involved in money laundering and petroleum importation that directly benefit the...

From
Reuters
via
gCaptain
Putin Tightens Control Over Ports, Requiring FSB Approval for Foreign Ships
Foreign vessels will require the approval of Russia's FSB security service to access the country's ports, according to a decree signed by President Vladimir Putin.

From
Mike Schuler
via
gCaptain
BIMCO Introduces Standard Clause to Address USTR’s Chinese Ship Fees
BIMCO, the world’s largest shipping association and leading provider of standardized maritime contracts and clauses, has adopted a standard clause to address contractual uncertainties stemming from the United States Trade...

From
Mike Schuler
via
gCaptain
Falling Container Imports Hint at Tariff-Driven Slowdown for U.S. Economy
The ten largest US ports recorded a 7.9% year-over-year drop in inbound container volume in June, marking the second consecutive month of declines following May’s 6.6% decrease, according to the...