Shipping
Articles

From
Malte Humpert
via
gCaptain
EU Imposes First-Ever Sanctions On Yamal Gas Project Targeting ‘Christophe de Margerie’ LNG Carrier
The EU’s 15th sanctions package against Russia for the first time targets Yamal LNG by including a carrier in service of the project. The ice-capable tanker Christophe de Margerie, one...

From
Bloomberg
via
gCaptain
Insurance Checkpoint: Baltic Sea 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.

From
Mike Schuler
via
gCaptain
EU Expands Maritime Sanctions: 52 New Vessels Added to Russia’s Shadow Fleet Blacklist
The European Union has unveiled its 15th package of restrictive measures, specifically targeting Putin’s shadow fleet and maritime circumvention efforts. The latest sanctions package introduces port access bans and service...

From
Reuters
via
gCaptain
Yellen Won’t Rule Out Sanctions On Chinese Banks, Curbs On ‘Dark Fleet’ Oil Tankers
By David Lawder, Andrea Shalal WASHINGTON, Dec 13 (Reuters) – U.S. Treasury Secretary Janet Yellen told Reuters on Friday that the U.S. is looking at further sanctions on “dark fleet” tankers and will not...

From
Reuters
via
gCaptain
Ukraine Plans Grain Exports To Syria Post-Assad
KYIV, Dec 15 (Reuters) – Ukrainian President Volodymyr Zelenskiy said on Saturday he had instructed his government to set up supply mechanisms to deliver together with international organizations and partners food to...

From
Reuters
via
gCaptain
Russia’s First Ammonia Terminal Ramps Up Exports Despite Sanctions
Russia launched the country's first ammonia sea terminal at the port of Ust-Luga on Friday, aiming to increase export capacity amid Western sanctions.

From
Reuters
via
gCaptain
Iranian Oil Prices to China Hit New Multi-year Highs as Sanctions Hit Shipping
The price of Iranian crude oil sold to China has risen to the highest in years as fresh U.S. sanctions have tightened shipping capacity and driven up logistics costs, trade sources and analysts said.

From
Mike Schuler
via
gCaptain
Wallenius Wilhelmsen Secures Contracts Worth $375M as Market Shows Signs of Cooling
Wallenius Wilhelmsen has secured two major multi-year contracts with leading automotive manufacturers, both featuring biofuel components. The deals, valued at approximately $375 million combined, demonstrate a growing commitment to environmental...
From
Mike Schuler
via
gCaptain
EU Delegation’s Covert Campaign to Dismantle Jones Act Exposed in Government Filing
A newly uncovered government disclosure has revealed a coordinated European Union effort to weaken one of America's foundational maritime laws, including through a TikTok-style influence campaign.

From
Reuters
via
gCaptain
Singapore Port Authority Seeks Proposals to Help Scale LNG Bunkering
The Maritime and Port Authority of Singapore (MPA) has launched an expression of interest (EOI) to gather proposals for scaling up liquefied natural gas (LNG) for bunkering or ship refuelling, it said in a statement on Thursday.

From
Bloomberg
via
gCaptain
EU Backs Sanctions Package, Includes 45 Additional Russian Oil Tankers
The European Union gave preliminary backing to a 15th package of sanctions against Russia that includes an extension of an exemption for Slovakia to trade petroleum products derived from Russian oil through early June.

From
Lori Ann LaRocco
via
gCaptain
Nuance in Ocean Freight Rates Could Be Another Front-Loading Tea Leaf
Ocean freight rates have jumped up for the December 15-31 bookings signaling a tightness of space due to demand. Logistics managers tell gCaptain the special bullet rates have quickly disappeared the time being and the spot is heading up.