Shipping
Articles

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.

From
Mike Schuler
via
gCaptain
Drones Over the Jersey Shore? Congressman Claims Iran Mothership is Lurking Off U.S. Coast
Congressman Jeff VanDrew of New Jersey claims Iran has positioned a drone mothership off the U.S. East Coast, allegedly responsible for recent mysterious drone activities in the region. The assertion...

From
Reuters
via
gCaptain
Yellen: Soft Oil Market Opens Door to Squeeze Russia Further
The United States is continuing to look for creative ways to reduce Russia's oil revenue and lower global demand for oil creates an opportunity for more sanctions, Treasury Secretary Janet Yellen said on Wednesday.

From
Reuters
via
gCaptain
Kawasaki Heavy Suspends Plan to Use Hydrogen From Aussie Coal
Kawasaki Heavy Industries has revised its Japan-Australia hydrogen supply chain demonstration project, suspending plans to use hydrogen derived from Australian brown coal and shrinking the size of the ships to be used.

From
Bloomberg
via
gCaptain
Trump Trade War to Hurt US Farmers More as China Turns to Brazil
Donald Trump’s first trade war hurt American soybean farmers to the tune of $11 billion. A sequel is set to be even worse.

From
Mike Schuler
via
gCaptain
QatarEnergy Seals Historic LNG Fleet Expansion
QatarEnergy has reached a significant milestone by awarding its final batch of vessel contracts to a Japanese-Chinese partnership between Mitsui O.S.K Lines (MOL) and COSCO Shipping LNG Investment (Shanghai) Co....