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US Importers Race to Beat Trump Tariffs Facing Complex Customs Forms
Shipping
May 22, 2025
From 
Bloomberg
 via 
gCaptain

US Importers Race to Beat Trump Tariffs Facing Complex Customs Forms

US businesses are under mounting pressure to import goods while President Donald Trump’s higher tariffs are on pause, and they’re simultaneously navigating increasingly complex filing rules when their cargo crosses the border.
Russia Vows to Defend Its Ships in Baltic Sea
Shipping
May 21, 2025
From 
Bloomberg
 via 
gCaptain

Russia Vows to Defend Its Ships in Baltic Sea

Russia will defend its vessels in the Baltic Sea by all legal means, the Kremlin said, days after briefly deploying a fighter jet as Estonian officials tried to halt a so-called shadow fleet tanker in their economic zone.
U.S. FMC Launches Investigation into Flags of Convenience Amid Growing Safety Concerns
Shipping
May 21, 2025
From 
Mike Schuler
 via 
gCaptain

U.S. FMC Launches Investigation into Flags of Convenience Amid Growing Safety Concerns

The U.S. Federal Maritime Commission (FMC) has initiated a nonadjudicatory investigation into vessel flagging practices that may create unfavorable conditions for U.S. shipping trade. The investigation comes amid mounting concerns...
EU Sanctions Three MOL Gas Carriers Associated With Russia’s Yamal LNG
Shipping
May 21, 2025
From 
Malte Humpert
 via 
gCaptain

EU Sanctions Three MOL Gas Carriers Associated With Russia’s Yamal LNG

In a surprise move the EU significantly tightened its sanctions against Russia’s liquefied natural gas sector. Brussels’ 17th sanctions package announced yesterday includes three newbuild LNG carriers managed by Japanese Mitsui OSK Lines Ltd. (MOL) under charter with Russian energy projects.
China-US Trade Soars as Exporters Race to Hit Trade Truce Window
Shipping
May 21, 2025
From 
Bloomberg
 via 
gCaptain

China-US Trade Soars as Exporters Race to Hit Trade Truce Window

A temporary trade truce between the world’s two largest economies has sparked a knee-jerk bounce across China’s ports and factory floors.  In the week beginning May 12, when the US and China agreed to sharply reduce tariffs for 90 days, bookings on freighters headed from China to US shores more than doubled from the prior week to about 228,000 TEUs, or twenty-foot equivalent units, data from container-tracking platform Vizion and data provider Dun & Bradstreet shows.
India Launches $10 Billion Tanker Fleet Plan to Boost Energy Security and Shipbuilding
Shipping
May 20, 2025
From 
Bloomberg
 via 
gCaptain

India Launches $10 Billion Tanker Fleet Plan to Boost Energy Security and Shipbuilding

India plans to spend 850 billion rupees ($10 billion) to purchase 112 crude carriers through 2040, people familiar with the matter said, as the world’s third-biggest importer of oil seeks to have its own fleet to secure supplies.
Yemen’s Houthis Announce ‘Maritime Blockade’ on Israel’s Haifa Port
Shipping
May 20, 2025
From 
Reuters
 via 
gCaptain

Yemen’s Houthis Announce ‘Maritime Blockade’ on Israel’s Haifa Port

Yemen's Iran-aligned Houthis announced on Monday what they called a "maritime blockade" on Israel's Haifa port in response to Israel's ongoing conflict in Gaza.
EU, Britain Go Ahead With New Russia Sanctions Without Waiting for Trump
Shipping
May 20, 2025
From 
Reuters
 via 
gCaptain

EU, Britain Go Ahead With New Russia Sanctions Without Waiting for Trump

The EU and Britain announced new sanctions against Russia on Tuesday without waiting for the United States to join them, a day after President Donald Trump's phone call with Vladimir Putin failed to elicit a promise for a ceasefire in Ukraine.
UK Cracks Down on Russia’s Shadow Fleet with New Sanctions
Shipping
May 20, 2025
From 
Mike Schuler
 via 
gCaptain

UK Cracks Down on Russia’s Shadow Fleet with New Sanctions

The UK has unveiled new measures targeting Russia’s shadow fleet operations and oil trade as part of a broader 100-sanction package. The UK’s latest maritime sanctions specifically target 18 additional...
EU Targets Nearly 200 ‘Shadow Fleet’ Vessels in Largest-Ever Sanctions Package, U.S. on Sidelines
Shipping
May 20, 2025
From 
Malte Humpert
 via 
gCaptain

EU Targets Nearly 200 ‘Shadow Fleet’ Vessels in Largest-Ever Sanctions Package, U.S. on Sidelines

The European Union has adopted its 17th sanctions package against Russia – its most comprehensive round yet. With today’s addition of 189 shadow fleet vessels the total number of ships sanctioned by the EU now stands at 342; a rapid expansion since the end of 2024 when the list encompassed only 79 vessels.
NTSB Investigates Fatal Mexican Tall Ship Allision with Brooklyn Bridge
Shipping
May 19, 2025
From 
Mike Schuler
 via 
gCaptain

NTSB Investigates Fatal Mexican Tall Ship Allision with Brooklyn Bridge

The National Transportation Safety Board (NTSB) has initiated an investigation into the Mexican Navy training vessel Cuauhtémoc’s allision with the Brooklyn Bridge that resulted in two fatalities. The 297-foot vessel,...
Shipping Giant CMA CGM Sees Cargo Jump After China Tariff Relief
Shipping
May 19, 2025
From 
Reuters
 via 
gCaptain

Shipping Giant CMA CGM Sees Cargo Jump After China Tariff Relief

Shipping giant CMA CGM SA is experiencing a sharp upswing in demand for freight transport out of China in a further signal that trade is rebounding after Beijing reached a temporary truce with the US to lower tariffs.