Shipping
Articles

From
Mike Schuler
via
gCaptain
Closure of Sugar Refinery Brings End to New York City Suburb’s Working Waterfront
Daniel Katzive (gCaptain) — The historic Domino sugar refinery in Yonkers, New York will cease operations by the end of this year. The closure of the 130-year-old plant will bring...

From
Reuters
via
gCaptain
Ships Near Hormuz Sending Unusual Messages to Deter Attacks
Vessels near the Strait of Hormuz have been broadcasting unusual messages concerning nationality in a bid to avoid being attacked as doubts linger over the ceasefire between Israel and Iran, according to maritime risk analytics firm Windward and ship tracking data on Thursday.

From
Reuters
via
gCaptain
Oil Tanker Rates Fall as Hormuz Tensions Subside
Shipping costs for the Gulf have fallen in the past two days after a ceasefire was reached between Israel and Iran, although rates could rebound if tensions increase, shipping and insurance industry sources said on Thursday.

From
Bloomberg
via
gCaptain
Global Goods Trade Gains as Tariff Fears Speed Imports, WTO Says
Global merchandise trade accelerated in the World Trade Organization’s latest assessment, with a surge in imports tied to tariff stockpiling outweighing a slowdown in export orders.

From
Mike Schuler
via
gCaptain
Viceroy Seaglider Takes Flight—Sort Of—in First Crewed Foil Test
REGENT Craft has announced the successful completion of its first crewed foil-mode testing of the Viceroy seaglider prototype, marking a significant advancement in the vessel’s sea trials. This milestone follows...

From
Reuters
via
gCaptain
EU to Canvass Leaders at Summit on Resolving US Tariff Conflict
European Union leaders are to tell the European Commission on Thursday if they want a quick trade deal with the United States at the cost of Washington getting better terms, or to escalate the fight in hope of something better.

From
Mike Schuler
via
gCaptain
Trump Hints at Easing Iran Oil Sanctions to Aid Reconstruction
President Donald Trump said on Wednesday that the U.S. has not given up its maximum pressure on Iran - including restrictions on sales of Iranian oil - but signaled a potential easing in enforcement to help the country rebuild.

From
Mike Schuler
via
gCaptain
Leadership Changes at USMMA Amid Infrastructure Challenges and Calls for Reform
Vice Admiral Joanna M. Nunan, the 14th Superintendent of the United States Merchant Marine Academy, and Rear Admiral David M. Wulf have announced their departures from the USMMA leadership team...

From
Mike Schuler
via
gCaptain
Cheniere Expands LNG Capacity with $25 Billion Investment in Corpus Christi Facility
Cheniere Energy, the leading U.S. LNG producer and exporter, has announced a positive Final Investment Decision (FID) on its Corpus Christi Midscale Trains 8 & 9 and Debottlenecking Project, significantly...

From
Mike Schuler
via
gCaptain
Shipping Data Shows Strait of Hormuz Transits Collapsed Ahead of Ceasefire
Maritime traffic through the strategic Strait of Hormuz dropped significantly on Monday ahead of the ceasefire between Iran, the United States, and Israel. According to the Joint Maritime Information Centre...

From
Reuters
via
gCaptain
Trump Softens Stance on Iranian Oil Sales to China, Undercutting ‘Maximum Pressure’
President Donald Trump said on Tuesday that China can continue to purchase oil from Iranafter the U.S. bombed the OPEC member's nuclear facilities and hoped that China would also buy "plenty" of it from the United States.

From
Malte Humpert
via
gCaptain
Sanctioned LNG Carrier Approaches Russian Arctic Export Plants Following Nine-Month Freeze
Following a nine-month hiatus Russia’s LNG shadow fleet is on the move again. Sanctioned LNG carrier Iris (ex-North Sky) passed through the Kara Gate entering Russia’s Northern Sea Route on June 24, possibly heading for the Arctic LNG 2 plant. The move comes after the vessel spent months in ballast idling in the Barents Sea.