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U.S. Treasury Targets Iran’s Shadow Fleet with New Sanctions
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December 19, 2024
From 
Mike Schuler
 via 
gCaptain

U.S. Treasury Targets Iran’s Shadow Fleet with New Sanctions

The United States Department of the Treasury has announced new sanctions targeting four entities and three vessels involved in Iran’s petroleum and petrochemical trade, part of ongoing efforts to curtail...
Russia’s Gazprom Makes First LNG Delivery to Italy Amid Shifting European Energy Landscape
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December 19, 2024
From 
Mike Schuler
 via 
gCaptain

Russia’s Gazprom Makes First LNG Delivery to Italy Amid Shifting European Energy Landscape

In a significant development for European energy markets, Russian energy giant Gazprom has completed its first liquefied natural gas (LNG) delivery to Italy from its Baltic Sea-based LNG Portovaya facility....
Israel Strikes Back: Houthi Ports in Yemen Targeted in Retaliatory Airstrikes
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December 19, 2024
From 
Reuters
 via 
gCaptain

Israel Strikes Back: Houthi Ports in Yemen Targeted in Retaliatory Airstrikes

Israel launched strikes against ports and energy infrastructure in Houthi-held parts of Yemen on Thursday and threatened more attacks against the Iran-aligned militant group, which has launched hundreds of missiles at Israel over the past year.
Trump Signals Jones Act Policy Will Stay the Course
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December 18, 2024
From 
Mike Schuler
 via 
gCaptain

Trump Signals Jones Act Policy Will Stay the Course

President-elect Donald Trump has reignited the debate over the Jones Act, sharing a pro-Jones Act article that underscores the century-old law’s significance to America’s maritime industry and national security. The...
California Ports Strike Landmark Agreement on Floating Offshore Wind
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December 18, 2024
From 
Mike Schuler
 via 
gCaptain

California Ports Strike Landmark Agreement on Floating Offshore Wind

The California State Lands Commission has partnered with the ports of Long Beach and Humboldt in a groundbreaking agreement to accelerate floating offshore wind energy development along the California coast....
Cyprus Shipping Veteran Thomas Kazakos Named ICS Secretary General
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December 18, 2024
From 
Mike Schuler
 via 
gCaptain

Cyprus Shipping Veteran Thomas Kazakos Named ICS Secretary General

The International Chamber of Shipping (ICS), representing over 80% of the world’s merchant fleet, has unanimously appointed Thomas A. Kazakos as its next Secretary General. Kazakos, who brings extensive maritime...
Denmark Warns Russia May Send Warships to Escort Oil Tankers
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December 18, 2024
From 
Bloomberg
 via 
gCaptain

Denmark Warns Russia May Send Warships to Escort Oil Tankers

Denmark warned that Russia’s navy may start escorting the so-called shadow fleet tankers through Danish straits to escalate provocations against NATO countries.
Iran’s Revolutionary Guards Extend Control Over Tehran’s Oil Exports
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December 18, 2024
From 
Reuters
 via 
gCaptain

Iran’s Revolutionary Guards Extend Control Over Tehran’s Oil Exports

Iran's Revolutionary Guards have tightened their grip on the country's oil industry and control up to half the exports that generate most of Tehran's revenue and fund its proxies across the Middle East, according to Western officials, security sources and Iranian insiders.
Trump Tariff Threat Helps Lift US Ocean Imports
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December 18, 2024
From 
Reuters
 via 
gCaptain

Trump Tariff Threat Helps Lift US Ocean Imports

When U.S. presidential candidate Donald Trump started talking about new import tariffs on the campaign trail, Danny Reynolds checked the tags on wedding dresses in his bridal salon and sped up some shipments to his independent clothing store in Indiana.
UK Leads Global Crackdown on Russia’s Shadow Fleet with New Sanctions
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December 17, 2024
From 
Mike Schuler
 via 
gCaptain

UK Leads Global Crackdown on Russia’s Shadow Fleet with New Sanctions

The UK government has announced comprehensive measures targeting illicit oil shipping while bolstering Ukraine’s critical infrastructure. The UK has imposed sanctions on 20 shadow fleet vessels, including notable tankers Ocean...
Houthis Plan Red Sea Security Webinar… Yes, Really
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December 17, 2024
From 
Mike Schuler
 via 
gCaptain

Houthis Plan Red Sea Security Webinar… Yes, Really

After a year of drone and missile attacks against merchant and naval vessels, the Iranian-backed Houthi rebel group is now extending an olive branch of sorts—by planning a seminar and...
Insurance Checkpoint Ahead: European Countries Step Up Scrutiny of Tankers Moving Russian Oil
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December 16, 2024
From 
Bloomberg
 via 
gCaptain

Insurance Checkpoint Ahead: European Countries Step Up Scrutiny of Tankers Moving Russian Oil

Twelve European countries are set to clamp down on tankers that move millions of barrels of Russian petroleum around the world — by asking to see how they’re protected against oil spills and other high-cost claims.