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From
Bloomberg
via
gCaptain
Mysterious Dubai Firm Takes Control of Russian LNG Ships in Apparent Effort to Skirt Sanctions
(Bloomberg) — A newly established company in Dubai has taken over three liquefied natural gas tankers, in what appears to be Russia’s latest effort to circumvent Western sanctions. Velikiy Novgorod,...

From
The Loadstar
via
gCaptain
No End in Sight: New Ships Won’t Stop Freight Rates From Climbing in 2025
By Charlie Bartlett (The Loadstar) – Some three million TEU of new tonnage arriving next year will most likely be “more than offset” by further market disruption, ensuring no respite for...

From
Reuters
via
gCaptain
Greek Dockworkers Block Ammunition Shipment to Israel in Anti-War Protest
ATHENS, Oct 18 (Reuters) – Dozens of members of a Greek dockworkers’ union have blocked the loading of a container of ammunition destined for Israel in protest against the Gaza war, coast guard and...

From
Mike Schuler
via
gCaptain
Hapag-Lloyd and Maersk Confident in Gemini’s Ambitious 90% Reliability Target
The heads of the new Gemini Cooperation—Rolf Habben Jansen, CEO of Hapag-Lloyd, and Kenni Skotte, Vice President and Head of Ocean Network Product at Maersk—took the stage together at the...

From
Mike Schuler
via
gCaptain
U.S. Sanctions Additional Ships and Captains in Iranian Oil Smuggling Network Linked to Houthi Attacks
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed additional sanctions on 18 entities, individuals, and vessels linked to the sprawling illicit shipping network funding...

From
Mike Schuler
via
gCaptain
Coast Guard Says ‘Swift Action’ Helped Avert Disaster in Alaska
The 738-foot cargo vessel Pan Viva safely departed Dutch Harbor, Alaska, on Monday night, bound for Kalama, Washington, after narrowly avoiding a potential disaster due to severe weather in the North Pacific....

From
Malte Humpert
via
gCaptain
Chinese Vessels Without Ice Class Violate Arctic Safety Rules, Struggling Through Ice To Deliver Sanctioned Cargo
By Malte Humpert (gCaptain) – In an attempt to deliver a power plant to a Russian Arctic LNG project before winter two Chinese heavy lift vessels are inching along through...

From
Mike Schuler
via
gCaptain
Global Energy System Faces Urgent Challenges Amid Rising Geopolitical Risks, Says IEA
The International Energy Agency’s (IEA) World Energy Outlook 2024 sheds light on critical vulnerabilities in today’s global energy system, exacerbated by regional conflicts and geopolitical tensions. The IEA argues these pressures underscore...

From
Bloomberg
via
gCaptain
LNG Tanker Glut is Softening Blow for Consumers Facing High Gas Prices
(Bloomberg) — Ships that carry liquefied natural gas are being built faster than new supplies of the fuel can come to market, helping to lower transport costs and cushioning consumers...

From
Mike Schuler
via
gCaptain
UK Tightens the Noose on Russia’s Shadow Fleet with Sweeping Sanctions
In a major escalation of its sanctions against Russia’s covert seaborne oil exports, the United Kingdom today announced its most significant package to date targeting Putin’s shadow fleet of oil...

From
Mike Schuler
via
gCaptain
Tragedy on the Hudson: Negligent Captain Pleads Guilty in Fatal Charter Boat Capsizing
Richard Cruz, the owner and captain of the ill-fated vessel Stimulus Money, has pleaded guilty to charges of misconduct and neglect resulting in the deaths of two passengers on the Hudson...

From
John Konrad
via
gCaptain
Army Commands D.C. Spotlight, But It’s the Navy and Merchant Marine Fighting the Future Fight
When the U.S. Navy, Coast Guard, and Merchant Marine hold their joint annual Sea Air Space conference, it barely fills a single hotel. In stark contrast, this week’s U.S. Army...