Shipping
Articles

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...

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...

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.

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...

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....

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.

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.

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,

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...

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.

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...

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.