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Shipping
Articles
From
Bloomberg
via
gCaptain
Global Shipping Stocks Sink After US Dockworkers Pause Strike
(Bloomberg) — Shipping stocks slumped worldwide after a strike by US dockworkers was suspended after only three days, spurring predictions of a decline in the price of transporting goods by...
From
Mike Schuler
via
gCaptain
US Sanctions Ships Linked to Illicit Houthi and Iranian Oil Shipments
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has taken its latest action against Houthi-linked weapons procurement and vessels involved in illicit oil shipments supporting Houthi...
From
Mike Schuler
via
gCaptain
Watch: Houthi Rebels Attack Panama-Flagged Tanker in Red Sea
The Iranian-backed Houthis have released new video footage of an unmanned surface vessel (USV) attack on the Panama-flagged tanker M/T Cordelia Moon in the Red Sea. The incident, which occurred...
From
Mike Schuler
via
gCaptain
Watch: Ships Collide in Bosphorus Strait
Two vessels collided in the Bosphorus Strait near Pasalimani in the southern Sea of Marmara in Turkey, on Thursday. The Turkish Directorate General of Coastal Safety confirmed that the ships...
From
Reuters
via
gCaptain
Prepare for Attack: Houthis Issue Email Warning to Shipping Fleets
ATHENS/LONDON, Oct 3 (Reuters) – On a warm spring night in Athens, shortly before midnight, a senior executive at a Greek shipping company noticed an unusual email had landed in his personal...
From
Mike Schuler
via
gCaptain
Video: U.S. Navy Destroyers Intercept Iranian Missiles in Defense of Israel
The U.S. Department of Defense has released new footage showing U.S. Navy destroyers engaging Iranian ballistic missiles during yesterday’s attack on Israel. On Tuesday, Iran launched approximately 200 ballistic missiles...
From
Mike Schuler
via
gCaptain
Historic SS United States to Become World’s Largest Artificial Reef Off Florida Coast
The city of Destin-Fort Walton Beach, Florida, and the SS United States Conservancy have announced an agreement to convert the iconic SS United States into the world’s largest artificial reef....
From
Mike Schuler
via
gCaptain
M/T Sounion Continues to Burn as Houthi Attacks Resume in Red Sea
The Joint Maritime Information Center (JMIC) has released an update on the ongoing efforts to save the M/T Sounion, a Greek-flagged tanker carrying approximately 1 million barrels of crude oil,...
From
Reuters
via
gCaptain
U.S. Port Strike Adds Uncertainty to Fed’s Inflation Fight
By Howard Schneider NASHVILLE, Tennessee, Oct 1 (Reuters) – The COVID-19 pandemic’s crushing blow to global supply chains also scarred U.S. Federal Reserve officials who thought the fallout from disrupted ports and backed up container...
From
Mike Schuler
via
gCaptain
Panama Maritime Authority Tightens Ship Registry Rules to Combat Sanctions Evasion
The Panama Maritime Authority (PMA) has announced stringent measures to maintain the integrity of its ship registry in response to recent sanctions imposed on seven Panamanian-flagged vessels by the U.S....
From
Bloomberg
via
gCaptain
Zombie Tanker Turns Up at Northern Chinese Port Laden With Oil
(Bloomberg) — Singapore-flagged oil tanker EM Longevity made its final voyage almost three years ago, after more than two decades at sea. Earlier this month, ship-tracking data showed it arriving...
From
Mike Schuler
via
gCaptain
New Fortress Energy Ships First Full Cargo from Mexico’s Fast LNG Facility
New Fortress Energy Inc. (NASDAQ: NFE) has marked a significant milestone in the liquefied natural gas (LNG) market with the successful departure of the first full LNG cargo from its...