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Iron Ore Exports Swell to Record at Australia’s Top Port
Shipping
July 24, 2025
From 
Bloomberg
 via 
gCaptain

Iron Ore Exports Swell to Record at Australia’s Top Port

Iron ore shipments from Australia’s largest bulk-export terminal swelled to a record in June, in a sign of ample seaborne supplies just as concerns mount about the outlook for Chinese demand.
Kazakh Black Sea Oil Exports Resume as Tankers Given Access
Shipping
July 24, 2025
From 
Reuters
 via 
gCaptain

Kazakh Black Sea Oil Exports Resume as Tankers Given Access

Russia's FSB security service has started handing out clearance for foreign tankers to access the Black Sea ports, allowing for Kazakhstan's oil exports to resume after they were halted for nearly a day, four industry sources said on Thursday.
Livestock Carrier Fired Upon and Detained Near Yemen, Then Released
Shipping
July 24, 2025
From 
Reuters
 via 
gCaptain

Livestock Carrier Fired Upon and Detained Near Yemen, Then Released

People in a wooden boat opened fire on a Comoros-flagged livestock carrier in the Red Sea near Yemen on Thursday, and the vessel was detained by the Yemeni Coast Guard, according to the United Kingdom Maritime Trade Operations (UKMTO).
Copper-Laden Ships Race to Reach US Ahead of Trump’s 50% Tariffs
Shipping
July 23, 2025
From 
Bloomberg
 via 
gCaptain

Copper-Laden Ships Race to Reach US Ahead of Trump’s 50% Tariffs

At least four ships carrying copper are trying to reach US ports before August to get ahead of planned import tariffs on the metal. The shipments represent the final scramble by merchants to cash in on a lucrative arbitrage trade that has upended the global copper market since US President Donald Trump first floated the idea of copper tariffs.
Bulker Fleet Growth Slows Despite Projected Six-Year Delivery High in 2026
Shipping
July 23, 2025
From 
Mike Schuler
 via 
gCaptain

Bulker Fleet Growth Slows Despite Projected Six-Year Delivery High in 2026

The global dry bulk fleet is expanding at only half the pace seen during the 2010s, despite forecasts showing bulker deliveries reaching a six-year high by 2026, according to BIMCO’s...
Oil Shippers, Traders Stay Away from EU-Sanctioned Nayara Energy
Shipping
July 22, 2025
From 
Bloomberg
 via 
gCaptain

Oil Shippers, Traders Stay Away from EU-Sanctioned Nayara Energy

Shipowners and oil traders are staying away from Russia-backed Nayara Energy Ltd. as part of the fallout faced by the Indian refiner, after it was singled out in the latest round of European Union sanctions.
U.S. Treasury Sanctions Key Houthi Petroleum Network in Yemen and UAE
Shipping
July 22, 2025
From 
Mike Schuler
 via 
gCaptain

U.S. Treasury Sanctions Key Houthi Petroleum Network in Yemen and UAE

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated two individuals and five entities involved in money laundering and petroleum importation that directly benefit the...
Putin Tightens Control Over Ports, Requiring FSB Approval for Foreign Ships
Shipping
July 22, 2025
From 
Reuters
 via 
gCaptain

Putin Tightens Control Over Ports, Requiring FSB Approval for Foreign Ships

Foreign vessels will require the approval of Russia's FSB security service to access the country's ports, according to a decree signed by President Vladimir Putin.
BIMCO Introduces Standard Clause to Address USTR’s Chinese Ship Fees
Shipping
July 22, 2025
From 
Mike Schuler
 via 
gCaptain

BIMCO Introduces Standard Clause to Address USTR’s Chinese Ship Fees

BIMCO, the world’s largest shipping association and leading provider of standardized maritime contracts and clauses, has adopted a standard clause to address contractual uncertainties stemming from the United States Trade...
Falling Container Imports Hint at Tariff-Driven Slowdown for U.S. Economy
Shipping
July 21, 2025
From 
Mike Schuler
 via 
gCaptain

Falling Container Imports Hint at Tariff-Driven Slowdown for U.S. Economy

The ten largest US ports recorded a 7.9% year-over-year drop in inbound container volume in June, marking the second consecutive month of declines following May’s 6.6% decrease, according to the...
Matson Suspends Electric Vehicle Shipments Over Battery Fire Concerns
Shipping
July 21, 2025
From 
Mike Schuler
 via 
gCaptain

Matson Suspends Electric Vehicle Shipments Over Battery Fire Concerns

Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, has announced the immediate suspension of transporting electric and plug-in hybrid vehicles aboard its vessels, citing growing safety concerns...
India Cracks Down on Fraudulent Seafarer Certificates Amid Global Safety Concerns
Shipping
July 21, 2025
From 
Mike Schuler
 via 
gCaptain

India Cracks Down on Fraudulent Seafarer Certificates Amid Global Safety Concerns

The Directorate General of Shipping (DGS) of India has issued a stringent circular addressing the growing problem of fraudulent seafarer certificates, which threatens maritime safety standards worldwide. The directive, released...