Maritime News from gCaptain.com
Trump Expands Offshore Wind Buyout Strategy With $765 Million Invenergy Deal
The Trump administration has expanded its campaign to unwind U.S. offshore wind development, announcing a new agreement with Invenergy that will terminate four offshore wind leases and redirect hundreds of...
Categories: Maritime News
While Trump Hails Gulf Oil Flowing, Iran’s Fleet Also Gearing Up to Boost Exports
While U.S. President Donald Trump has recently hailed the resumption of oil flows from Gulf allies, Iran, too, appears to be gearing up to resume exports and trading.
Categories: Maritime News
U.S., Iran Prepare for Deal Signing as Financial Details Emerge
The US and Iran are preparing to formally sign an interim peace deal that has left both sides claiming victory, with details of the accord still emerging and energy insiders skeptical of how fast it can reopen the Strait of Hormuz.
Categories: Maritime News
U.S. Military Guidance Reveals High-Risk Reality of Hormuz’s ‘Southern Highway’
As Washington and Tehran move toward implementing a memorandum of understanding aimed at ending months of conflict, a newly circulated U.S. military document is offering the clearest picture yet of...
Categories: Maritime News
Trump Administration to Immediately Lift Iranian Oil Sanctions Under New Agreement
The U.S. will allow Iran to immediately begin selling oil and fuel under the memorandum of understanding the two sides reached to end the war, a senior U.S. official said on Tuesday.
Categories: Maritime News
UK Targets New Arctic LNG 2 ‘Shadow Fleet’ Vessels as Russia Scrambles for Tankers
Britain on Tuesday imposed sanctions on four liquefied natural gas carriers linked to Russia's Arctic LNG 2 project, becoming the first G7 country to target the latest vessels acquired to expand exports from the sanctioned Arctic development.
Categories: Maritime News
QatarEnergy Ready to Restart LNG Output, Reach Current Capacity in One Month, Source Says
QatarEnergy is ready to resume liquefied natural gas production at its Ras Laffan LNG plant very quickly and could reach within a month full output of facilities unaffected by Iranian strikes, a person with knowledge of the matter told Reuters on Tuesday.
Categories: Maritime News
Europeans Wary of Committing Naval Power to Hormuz Quickly
European officials are wary of committing naval ships that could be placed in danger because US President Donald Trump wants to open up the Strait of Hormuz as quickly as possible.
Categories: Maritime News
Maersk Keeps Gulf Restrictions in Place Despite Hormuz Reopening Push
Maersk is keeping significant cargo restrictions and emergency surcharges in place across the Persian Gulf, offering the latest sign that commercial shipping remains far from normal despite recent announcements of...
Categories: Maritime News
Hormuz Is Reopening. Shipping’s Old Playbook Isn’t.
As the reports of a deal between the US and Iran are top headlines, again, shipowners will be looking at the financial implications and alternatives if Iran’s plan to charge...
Categories: Maritime News
The U.S. Is Using an Iranian Smuggling Tactic to Sneak Oil Out of the Gulf
The United States military has overseen scores of secretive ship-to-ship oil transfers to keep Gulf energy exports flowing, using aerial and water drones as well as helicopters in an operation to guide convoys to awaiting tankers.
Categories: Maritime News
US at Odds With Allies Over How Easy It Is to Reopen Hormuz
US President Donald Trump keeps repeating that the Strait of Hormuz — through which one fifth of the world’s oil and liquefied natural gas supplies normally flow — will reopen by Friday.
Categories: Maritime News
UK Charges Indian Captain of Russian Shadow Fleet Tanker
The captain of a tanker detained by British authorities during a high-profile operation targeting Russia’s shadow fleet has been charged with violating UK sanctions on Russian oil exports. The UK’s...
Categories: Maritime News
Russia’s Shadow Fleet Meets British Enforcement
In the grey hours before dawn on Sunday, Royal Marine Commandos fast-roped from RAF Chinook helicopters onto the deck of a 244-meter Aframax tanker transiting the English Channel. By Paul...
Categories: Maritime News
U.S. Senators Propose Arctic Spy Ship Ban Amid Rising Chinese, Russian Activity Near Alaska
Two U.S. senators introduced bipartisan legislation on Monday aimed at barring Chinese and Russian government-linked vessels from conducting research operations in U.S. Arctic waters, reflecting growing concern in Washington that scientific missions are increasingly being used to support intelligence gathering and strategic competition in the High North.
Categories: Maritime News
Diana Rips Genco Board After Third Rejection, Urges Shareholders to Vote for Change
The takeover battle between two of the dry bulk shipping sector’s biggest names intensified Tuesday after Diana Shipping publicly blasted Genco Shipping & Trading’s board refusing to engage in negotiations...
Categories: Maritime News
U.S. Forces Disable Sanctioned Tanker Bound for Iran as Blockade Enforcement Continues
U.S. forces disabled a sanctioned oil tanker attempting to reach an Iranian port on Tuesday, marking the sixth commercial vessel interdicted since Washington imposed a maritime blockade on Iran nearly...
Categories: Maritime News
Rubio Tells Congress: No Iran Sanctions Relief for Reopening Strait of Hormuz
U.S. Secretary of State Marco Rubio said on Tuesday that President Donald Trump's negotiating team has not offered Iran sanctions relief in exchange for reopening the Strait of Hormuz and insisted that any sanctions relief was tied to Tehran giving up its nuclear program.
Categories: Maritime News
The future starts here
Damen’s Fuel Flexible Tugs are designed to meet the requirements of today and tomorrow in equal measure Of all the challenges facing the maritime industry, perhaps the one that most...
Categories: Maritime News
New York Sues Trump Administration Over $795 Million Offshore Wind Buyout Deal
New York Attorney General Letitia James and Governor Kathy Hochul have launched a legal challenge against the Trump administration’s controversial agreement with TotalEnergies that canceled a major offshore wind lease...
Categories: Maritime News