Shipping

 Articles

View All
Russian Jet Buzzes Estonian Forces in Gulf of Finland Shadow Tanker Showdown
Shipping
May 14, 2025
From 
Mike Schuler
 via 
gCaptain

Russian Jet Buzzes Estonian Forces in Gulf of Finland Shadow Tanker Showdown

A tense maritime incident unfolded today in the off the Estonian coast when Estonian naval forces attempted to detain the M/T JAGUAR, a crude oil tanker allegedly part of Russia’s...
Fednav CEO Paul Pathy Elected President of World’s Largest Shipping Association
Shipping
May 14, 2025
From 
Mike Schuler
 via 
gCaptain

Fednav CEO Paul Pathy Elected President of World’s Largest Shipping Association

Paul Pathy, President & CEO of Canada’s leading dry bulk shipping company Fednav, has made history by becoming BIMCO’s first President from the Americas. His election took place at BIMCO’s...
Inside Trump’s Surprise Red Sea Ceasefire Deal with the Houthis
Shipping
May 14, 2025
From 
Reuters
 via 
gCaptain

Inside Trump’s Surprise Red Sea Ceasefire Deal with the Houthis

Days before a surprise U.S. ceasefire agreement with Houthis, U.S. intelligence started picking up indications the Yemeni fighters were looking for an exit after seven weeks of relentless U.S. bombings, four U.S. officials said.
Bipartisan Bill Aims to Modernize Coast Guard’s Merchant Mariner Credentialing System
Shipping
May 14, 2025
From 
Mike Schuler
 via 
gCaptain

Bipartisan Bill Aims to Modernize Coast Guard’s Merchant Mariner Credentialing System

U.S. Representatives Salud Carbajal (D-CA-24) and Mike Ezell (R-MS-4) have introduced the Mariner Exam Modernization Act, legislation aimed at overhauling the Coast Guard’s Merchant Mariner Credentialing exam system. The current...
U.S. Cracks Down on Global Network Facilitating Iranian Oil Trade
Shipping
May 14, 2025
From 
Mike Schuler
 via 
gCaptain

U.S. Cracks Down on Global Network Facilitating Iranian Oil Trade

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced on Tuesday a sweeping action targeting nearly two dozen firms involved in Iran’s illicit international oil trade....
EU Ramps Up Pressure on Russia’s Economy with 17th Sanctions Package
Shipping
May 14, 2025
From 
Reuters
 via 
gCaptain

EU Ramps Up Pressure on Russia’s Economy with 17th Sanctions Package

The European Union must focus on a new sanctions package to suffocate Russia's economy and force President Vladimir Putin to end the war in Ukraine, France's foreign minister said on Wednesday.
Hapag-Lloyd CEO Sees ‘Huge Surge’ in Volume Last Few Days
Shipping
May 14, 2025
From 
Bloomberg
 via 
gCaptain

Hapag-Lloyd CEO Sees ‘Huge Surge’ in Volume Last Few Days

The world’s No. 5 container carrier is seeing a jump in business this week after the US and China lowered tariffs, the company’s CEO said, as the trade war cease-fire unleashes a wave of pent-up demand for transpacific shipping.
Maritime EO and SHIPS Act Target Critical Gaps Blocking Military Vets from Merchant Marine Roles
Shipping
May 13, 2025
From 
Editorial
 via 
gCaptain

Maritime EO and SHIPS Act Target Critical Gaps Blocking Military Vets from Merchant Marine Roles

Opinion By Nate Gilman President of Mariner Credential Service LLC, Commander Ander S Heiles, USN and Grant Greenwell, AFNI,
OFAC Adds Multiple Shipping Entities and Two Vessels to SDN List in Iran-Linked Sanctions Update
Shipping
May 13, 2025
From 
Mike Schuler
 via 
gCaptain

OFAC Adds Multiple Shipping Entities and Two Vessels to SDN List in Iran-Linked Sanctions Update

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has expanded its Specially Designated Nationals (SDN) List to include several maritime entities and vessels linked to Iranian...
Carriers Roll Out Rate Increases Amid US-China Tariff Pause
Shipping
May 13, 2025
From 
The Loadstar
 via 
gCaptain

Carriers Roll Out Rate Increases Amid US-China Tariff Pause

After the US and Chinese governments agreed to slash reciprocal tariffs, shipping lines are expecting an early peak season on the transpacific eastbound trade, and have announced surcharges of $1,000-$2,000 per 40ft, said container shipping consultancy Linerlytica today.
Crowley Expands Caribbean Service with Second LNG-Powered Containership
Shipping
May 13, 2025
From 
Mike Schuler
 via 
gCaptain

Crowley Expands Caribbean Service with Second LNG-Powered Containership

Crowley has launched its second LNG-powered containership in the Avance Class fleet, expanding its ocean shipping capabilities in the Caribbean Basin. The vessel, named Copán after a significant Mayan archaeological...
India Approves More Russian Insurers to Provide Marine Cover
Shipping
May 13, 2025
From 
Reuters
 via 
gCaptain

India Approves More Russian Insurers to Provide Marine Cover

India has approved three Russian insurers, including a unit of top lender Sberbank, to provide marine cover to ships arriving at Indian ports, a government notification shows, helping Moscow maintain oil supplies to a key market.