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US Regulators Recommend Venture Global’s CP2 LNG Project Gets Greenlight
Shipping
May 10, 2025
From 
Reuters
 via 
gCaptain

US Regulators Recommend Venture Global’s CP2 LNG Project Gets Greenlight

HOUSTON, May 9 (Reuters) – U.S. federal regulators recommended in a final environmental report that Venture Global’s VG.N proposed CP2 liquefied natural gas export project in Louisiana get the go-ahead, according to a government document filed...
Hong Kong Ship Captain Detained Over 2023 Baltic Pipeline Damage
Shipping
May 9, 2025
From 
Mike Schuler
 via 
gCaptain

Hong Kong Ship Captain Detained Over 2023 Baltic Pipeline Damage

The captain of a Hong Kong-flagged container ship has been remanded in custody in connection with the October 2023 damage to the Balticconnector pipeline, a critical natural gas infrastructure connecting...
UK Targets Russia’s Shadow Fleet in Largest-Ever Maritime Sanctions Package
Shipping
May 9, 2025
From 
Mike Schuler
 via 
gCaptain

UK Targets Russia’s Shadow Fleet in Largest-Ever Maritime Sanctions Package

The UK government announced today its largest-ever sanctions package targeting Russia’s shadow fleet, with measures aimed at up to 100 oil tankers responsible for transporting more than $24 billion worth...
As Trade Talks Begin, Chinese Exporters Prepare to Get Goods Moving to US Again
Shipping
May 9, 2025
From 
Reuters
 via 
gCaptain

As Trade Talks Begin, Chinese Exporters Prepare to Get Goods Moving to US Again

China-based shipping agents have resumed buying container space for goods headed for the United States after a series of U.S. tariff-induced cancellations, as Beijing and Washington head for trade talks in Switzerland.
Seafarers Stranded off Yemen Port Eye Exit
Shipping
May 8, 2025
From 
Reuters
 via 
gCaptain

Seafarers Stranded off Yemen Port Eye Exit

ADEN, May 8 (Reuters) – Some 200 seafarers aboard more than 15 ships stuck for weeks off Yemen’s port of Ras Isa are preparing to offload cargoes and leave thanks to a ceasefire deal...
Descartes: U.S. Container Imports Surge in April as Tariff Impact Looms
Shipping
May 8, 2025
From 
Mike Schuler
 via 
gCaptain

Descartes: U.S. Container Imports Surge in April as Tariff Impact Looms

U.S. container imports remained resilient in April 2025, with volumes reaching 2.4 million TEUs, marking a 1.2% increase from March and a significant 9.1% rise year-over-year. The growth comes amid...
U.S. Sanctions Chinese Port Operators, Teapot Refinery Over Iranian Oil Shipments
Shipping
May 8, 2025
From 
Mike Schuler
 via 
gCaptain

U.S. Sanctions Chinese Port Operators, Teapot Refinery Over Iranian Oil Shipments

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced today a significant expansion of sanctions targeting Iran’s oil export operations, marking its first action against terminal...
Maersk Posts Strong Q1 Results as Red Sea Uncertainty Looms Over 2025 Outlook
Shipping
May 8, 2025
From 
Mike Schuler
 via 
gCaptain

Maersk Posts Strong Q1 Results as Red Sea Uncertainty Looms Over 2025 Outlook

Danish logistics conglomerate A.P. Moller-Maersk (Maersk) reported a significant improvement in its first-quarter 2025 performance, with revenue growing 7.8% to USD 13.3 billion and EBIT surging to USD 1.3 billion...
Red Sea Ceasefire Deal Sparks Concerns Over Potential Freight Rate Collapse
Shipping
May 8, 2025
From 
Mike Schuler
 via 
gCaptain

Red Sea Ceasefire Deal Sparks Concerns Over Potential Freight Rate Collapse

A recent ceasefire agreement between the U.S. and Yemen’s Houthi militia has raised questions about the potential impact on global shipping rates, with industry experts warning of possible more market...
Russian ‘Shadow Fleet’ LNG Carriers Find Sanctions Reprieve in Chinese Maintenance Yard
Shipping
May 8, 2025
From 
Malte Humpert
 via 
gCaptain

Russian ‘Shadow Fleet’ LNG Carriers Find Sanctions Reprieve in Chinese Maintenance Yard

Russia’s LNG shadow fleet continues to make moves in preparation for the upcoming Arctic summer shipping season. A second sanctioned LNG carrier has arrived at an East China shipyard after more than nine months at sea. Sputnik Energy (formerly Pioneer) joins East Energy (formerly Asya Energy) at the Zhoushan-based facility.
Maersk Cuts Global Container Market Outlook on Tariff War
Shipping
May 8, 2025
From 
Bloomberg
 via 
gCaptain

Maersk Cuts Global Container Market Outlook on Tariff War

A.P. Moller-Maersk A/S, the Danish container giant, lowered its forecast for the global transport market rattled by Donald Trump’s trade war.
U.S. Moves to Designate Six Ships in UN Bid to Expose North Korea Sanctions Evasion
Shipping
May 7, 2025
From 
Mike Schuler
 via 
gCaptain

U.S. Moves to Designate Six Ships in UN Bid to Expose North Korea Sanctions Evasion

The United States announced plans to nominate multiple vessels for designation over violations of UN sanctions against North Korea, following revelations of extensive maritime sanctions evasion detailed in a new...