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Trump Administration Removes LNG Bunkering Barriers, Paving Way for Industry Growth
Shipping
March 4, 2025
From 
Mike Schuler
 via 
gCaptain

Trump Administration Removes LNG Bunkering Barriers, Paving Way for Industry Growth

The U.S. Department of Energy has issued an order removing regulatory barriers for using liquefied natural gas (LNG) as marine fuel, signaling a significant shift in policy that could accelerate...
Tankers: OPEC+ to Proceed with Planned April Oil Output Hike
Shipping
March 4, 2025
From 
Reuters
 via 
gCaptain

Tankers: OPEC+ to Proceed with Planned April Oil Output Hike

OPEC+ has decided to proceed with a planned April oil output increase, the group said on Monday, a move that follows U.S. President Donald Trump renewing pressure on OPEC and Saudi Arabia to bring down prices.
Trump Escalates Global Trade War, Sparking Tit-for-Tat Tariffs
Shipping
March 4, 2025
From 
Bloomberg
 via 
gCaptain

Trump Escalates Global Trade War, Sparking Tit-for-Tat Tariffs

President Donald Trump delivered on his threat to hit Canada and Mexico with sweeping import levies and doubled an existing charge on China, spurring swift reprisals that plunged the world economy into a deepening trade war.
Trump Administration Designates Houthis as Foreign Terrorist Organization Amid Red Sea Shipping Crisis
Shipping
March 4, 2025
From 
Mike Schuler
 via 
gCaptain

Trump Administration Designates Houthis as Foreign Terrorist Organization Amid Red Sea Shipping Crisis

The U.S. State Department has officially designated Yemen’s Ansarallah group, commonly known as the Houthis, as a Foreign Terrorist Organization (FTO), marking a significant shift in U.S. policy toward the...
China Drives 10-Fold Increase in Container Shipping at Russian Arctic Port
Shipping
March 3, 2025
From 
Malte Humpert
 via 
gCaptain

China Drives 10-Fold Increase in Container Shipping at Russian Arctic Port

Russia’s Arctic port of Arkhangelsk has developed into a key hub for containerized cargo. Last year the terminal saw ten export-import voyages by Chinese container vessels, up from just one the year prior. In total the port handled 13,500 standard twenty-foot containers (TEU) in 2024, compared to just 380 TEU during the preceding twelve months.
Trump Trade Threats Compound Global Ocean Shipping Uncertainty
Shipping
March 3, 2025
From 
Reuters
 via 
gCaptain

Trump Trade Threats Compound Global Ocean Shipping Uncertainty

The global ocean shipping industry that handles 80% of world trade is navigating a sea of unknowns as U.S. President Donald Trump stokes trade and geopolitical tensions with historical foes as well as neighbors and allies.
Guyana Says Venezuelan Vessel Entered Oil Block In Guyanese Waters
Shipping
March 2, 2025
From 
Reuters
 via 
gCaptain

Guyana Says Venezuelan Vessel Entered Oil Block In Guyanese Waters

March 1 (Reuters) – Guyanese President Irfaan Ali said on Saturday that a Venezuelan coast guard patrol entered Guyanese waters earlier in the day, approaching an output vessel in an offshore oil block managed by...
Finland Ends Seizure Of Shadow Fleet Ship Held For Cable Damage
Shipping
March 2, 2025
From 
Bloomberg
 via 
gCaptain

Finland Ends Seizure Of Shadow Fleet Ship Held For Cable Damage

By Kati Pohjanpalo Mar 2, 2025 (Bloomberg) –Finland has ended the seizure of a shadow fleet tanker that pulled up four underwater data cables and a power link on Dec. 25...
Russia Shipped Record 22 Million Tonnes of LNG Through Arctic in 2024
Shipping
February 28, 2025
From 
Malte Humpert
 via 
gCaptain

Russia Shipped Record 22 Million Tonnes of LNG Through Arctic in 2024

Russia continues to use the Arctic as an expanding transport corridor for its hydrocarbon resources. Last year it carried 21.86 million tonnes of liquefied natural gas along the Northern Sea Route, the main shipping lane. This represents an increase of 8.6 percent or 1.73 million tonnes over the previous year.
Coast Guard Shuts Down Puerto Rico Cargo Terminal After Ammonium Nitrate Violations
Shipping
February 28, 2025
From 
Mike Schuler
 via 
gCaptain

Coast Guard Shuts Down Puerto Rico Cargo Terminal After Ammonium Nitrate Violations

The U.S. Coast Guard has taken action against Puerto Nuevo Terminals (PNT) in San Juan, Puerto Rico, suspending the facility’s permit to handle dangerous cargo after discovering unauthorized handling of...
First Sanctioned Ship Gets Scrapped in Watershed for Dark Fleet
Shipping
February 28, 2025
From 
Bloomberg
 via 
gCaptain

First Sanctioned Ship Gets Scrapped in Watershed for Dark Fleet

An aging oil tanker sanctioned by the US is being taken apart in an Indian scrapyard, a potential watershed moment for the so-called dark fleet in a rapidly changing geopolitical landscape.
Oil Tankers Calling in Russia Get Mine Checks After Mystery Blasts
Shipping
February 27, 2025
From 
Bloomberg
 via 
gCaptain

Oil Tankers Calling in Russia Get Mine Checks After Mystery Blasts

Owners of oil tankers calling at Russian ports are sending divers and underwater drones to check their ships’ hulls for mines — a precaution following a wave of unexplained explosions on ships.