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Panama’s Mulino Shuts Down Trump’s Canal Takeover Talk Ahead of Rubio Visit
Shipping
January 30, 2025
From 
Reuters
 via 
gCaptain

Panama’s Mulino Shuts Down Trump’s Canal Takeover Talk Ahead of Rubio Visit

Panamanian President Jose Raul Mulino on Thursday ruled out discussing control over the Panama Canal in a meeting with U.S. Secretary of State Marco Rubio, who is set to visit the Central American country in his first official trip abroad this weekend.
Greek Shipping Company Fined $1.1M for Environmental Violations in Corpus Christi
Shipping
January 30, 2025
From 
Mike Schuler
 via 
gCaptain

Greek Shipping Company Fined $1.1M for Environmental Violations in Corpus Christi

Eurobulk Ltd. has been ordered to pay a $1.125 million criminal fine and serve four years of probation for violating the Act to Prevent Pollution from Ships (APPS) and falsifying...
Russia’s Yamal LNG Acquires New Tanker
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January 30, 2025
From 
Reuters
 via 
gCaptain

Russia’s Yamal LNG Acquires New Tanker

Jan 30 (Reuters) – Russia’s liquefied natural gas plant Yamal LNG, led by Novatek, has acquired a new gas carrier for ship-to-ship operations near the Arctic port of Murmansk, ship-tracking LSEG data showed on...
Containership Fire in Red Sea Not Connected to Houthi Activity, Officials Confirm
Shipping
January 29, 2025
From 
Mike Schuler
 via 
gCaptain

Containership Fire in Red Sea Not Connected to Houthi Activity, Officials Confirm

A fire aboard the Hong Kong-flagged containership ASL BAUHINIA in the Red Sea has been officially determined to be unrelated to Houthi militant activity, according to the Combined Maritime Forces’s...
Chief Engineer Sentenced to Prison for ‘Magic Pipe’ Cover-Up in New Orleans
Shipping
January 29, 2025
From 
Mike Schuler
 via 
gCaptain

Chief Engineer Sentenced to Prison for ‘Magic Pipe’ Cover-Up in New Orleans

The Chief Engineer of a Liberian-flagged bulk carrier has been sentenced to prison for environmental crimes and obstruction after pleading guilty to violating the Act to Prevent Pollution from Ships...
Ukraine Claims More Drone Strikes on Russia’s Oil Infrastructure
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January 29, 2025
From 
Bloomberg
 via 
gCaptain

Ukraine Claims More Drone Strikes on Russia’s Oil Infrastructure

Ukraine claimed it successfully struck a Russian oil refinery and a pumping station on a vital crude pipeline with drones as Kyiv steps up its attacks on its rival’s energy infrastructure.
Surging Container Imports Signal U.S. Economic Strength
Shipping
January 29, 2025
From 
Mike Schuler
 via 
gCaptain

Surging Container Imports Signal U.S. Economic Strength

The nation’s ten largest ports recorded a 14.2% year-over-year increase in inbound container volume in December, continuing a fifteen-month streak of growth, according to shipping expert John McCown’s latest analysis....
EU Won’t Ban Russian LNG Until Alternative Sources Secured, Diplomats Say
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January 29, 2025
From 
Reuters
 via 
gCaptain

EU Won’t Ban Russian LNG Until Alternative Sources Secured, Diplomats Say

The European Commission did not propose a ban on Russian liquefied natural gas in its latest package of sanctions because member states raised concerns about first securing alternatives including from the United States, EU diplomats said.
Russia Set to Test New Delhi’s Nerve by Sending Sanctioned Oil and Tankers to India
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January 29, 2025
From 
Bloomberg
 via 
gCaptain

Russia Set to Test New Delhi’s Nerve by Sending Sanctioned Oil and Tankers to India

(Bloomberg) — Russia is sending cargoes of sanctioned oil to India on tankers that have been blacklisted by the US Treasury — setting up an acid test of Moscow’s ability...
Senator Cruz: China’s Panama Canal Strategy Poses ‘Acute Risks to U.S. Security’
Shipping
January 29, 2025
From 
Reuters
 via 
gCaptain

Senator Cruz: China’s Panama Canal Strategy Poses ‘Acute Risks to U.S. Security’

WASHINGTON, Jan 28 (Reuters) – A bipartisan group of U.S. senators on Tuesday expressed alarm at China’s influence on the Panama Canal, which President Donald Trump has vowed the United States would take back. “Chinese companies are...
Panamax Pain as China’s Grain Imports Plunge 51%
Shipping
January 28, 2025
From 
Mike Schuler
 via 
gCaptain

Panamax Pain as China’s Grain Imports Plunge 51%

China’s push for import independence combined with falling soybean demand has driven the country’s imported grain shipments down 51% year-over-year this month. According to BIMCO, this decline has significantly affected...
Sean Duffy Confirmed as Trump’s Transportation Secretary
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January 28, 2025
From 
Mike Schuler
 via 
gCaptain

Sean Duffy Confirmed as Trump’s Transportation Secretary

The U.S. Senate has confirmed former Congressman Sean Duffy as Secretary of Transportation in a 77-22 vote. Duffy, who previously represented Wisconsin’s 7th congressional district and served on the Financial...