- + gCapitan: First Trump-Class Battleship May Become Costliest U.S. Warship Ever—By Tony Capaccio (Bloomberg) The first of the Navy’s proposed “Trump-class” battleships could cost up to $22 billion, a price tag that would make it ...
- + gCapitan: Maersk Charts First Structural Return to Red Sea After Houthi Attacks—Maersk said on Thursday that one of its services will resume using the Red Sea and Suez Canal this month, marking a key step towards ending two years ...
- + gCapitan: Oil Tanker Rates Jump as US Push Into Venezuela Shifts Flows—The shipping market is being shaken up by Washington’s intervention in Venezuela, as the prospect of more oil being exported to the US boosts regional...
- + gCapitan: Greece Warns Shipping Fleet of Risks After Black Sea Drone Attacks—Greece has warned its shipping fleet to review their security measures when sailing to Russian Black Sea ports after drone attacks on two Greek-operat...
- + gCapitan: Empire Wind Wins Court Battle as $5.3 Billion Project Pulled Back From the Brink—The U.S. District Court for the District of Columbia has granted Empire Offshore Wind LLC a preliminary injunction allowing construction to resume on ...
- + gCapitan: Battleships and Auxiliaries, An Interview with the Top US Naval Admiral—At SNA, the CNO Talked Ships, Lasers — and Finally Answered the Merchant Marine Question By John Konrad (gCaptain) WASHINGTON, D.C. — The Surface Navy...
- + gCapitan: Maersk’s Suez Return Signals a Turning Point in the Two-Year Red Sea Crisis—A.P. Moller–Maersk has confirmed the first structural return of a major container service to the trans-Suez route, in a landmark shift marking the mos...
- + gCapitan: Container Rates Reverse Course as January Rally Unravels on Weak Demand—Global container shipping rates fell sharply this week, surrendering most of the gains from a brief January rally as carriers struggled to maintain pr...
- + gCapitan: U.S. Seizes MT Veronica in Caribbean, Expanding Operation Southern Spear Against Venezuela’s Shadow Fleet—U.S. military and Coast Guard forces carried out another pre-dawn boarding in the Caribbean, seizing the sanctioned motor tankerVeronicain the latest ...
- + gCapitan: US Coast Guard Updates ‘Force Design 2028’ Overhaul as Global Missions Stretch Service—The U.S. Coast Guard has released its first formal update on Force Design 2028, a sweeping reform effort aimed at reshaping the service into a more ag...
- + gCapitan: Europeans Prepare Military Exercises in Greenland, Trump’s Ambitions Undeterred—European countries were sending small numbers of military personnel to Greenland on Thursday as Denmark and its allies prepared for exercises to try t...
- + gCapitan: Maersk to Return to Red Sea as Stability Improves in Region—A.P. Moller-Maersk A/S will return to sailing regularly through the Suez canal this month as the security situation improves in the Middle East. [Cate...
- + gCapitan: ONE Henry Hudson Cargo Operations Resume at Port of Los Angeles After Fire—Ocean Network Express has begun discharging the remaining containers from the fire-damaged M/V ONE Henry Hudson at the Port of Los Angeles, marking a ...
- + gCapitan: How Venezuela’s Ghost Fleet Is Surfacing Post-Maduro—The informal fleet of crude tankers that operated under the radar in Nicolas Maduro’s Venezuela is beginning to emerge from the shadows after the stro...
- + gCapitan: Turkmenistan Rescues 14 Crew From Distressed Iranian Cargo Ship in Caspian Sea—The Iranian dry cargo ship Rona issued an SOS signal in the Caspian Sea on Wednesday, January 14, prompting a swift rescue operation by Turkmenistans ...
- + gCapitan: Ships Drop Anchor Beyond Iran’s Ports in Precautionary Move—Dozens of commercial ships have dropped anchor at a distance outside Iran's port limits in recent days, according to data and shipping sources, as ten...
- + gCapitan: U.N. Renews Red Sea Reporting Mandate as Russia Needles U.S. on Venezuelan Seizures—By Michelle Nichols UNITED NATIONS, Jan 14 (Reuters) The U.N. Security Council on Wednesday asked U.N. Secretary-General Antonio Guterres to continue...
- + gCapitan: US Court to Weigh New York Project Challenge to Trump Offshore Wind Halt—A U.S. judge on Wednesday will consider whether to allow Norwegian offshore wind developer Equinor to resume construction of the Empire Wind project o...
- + gCapitan: Russian-Flagged Tanker Seized By U.S. Arrives in UK Waters—An oil tanker sailing under the flag of Russia arrived in UK territorial waters — days after it was seized in the Atlantic Ocean by US forces. [Catego...
- + gCapitan: China’s Coal Imports Plunge 10% as Renewable Energy Expansion Reshapes Dry Bulk Shipping—Seaborne coal shipments to China fell 10% in 2025 as increased domestic supply and weakening demand from steel manufacturing and electricity generatio...
- + Shipping News - Oil Energy: Kazakhstan urges US and Europe to help secure oil transport after tanker attacks in Black Sea—Kazakhstan urged the U.S. and Europe to help secure the transport of oil following drone attacks on tankers heading to a Black Sea terminal on the Rus...
- + Shipping News - Oil Energy: Middle East Crude-Benchmarks rise; Qatar cuts March term price for al-Shaheen oil—Middle East crude benchmarks strengthened on Thursday, with that of Oman hitting an over two-month high. Increased buying also pushed up Dubai, while ...
- + Shipping News - Oil Energy: Trump backs Venezuela staying in OPEC—President Donald Trump said on Wednesday that he believes it would be better for Venezuela to remain in the Organization of the Petroleum Exporting Co...
- + Shipping News - Oil Energy: Venezuelan oil priced at a premium to competing Canadian barrels for US Gulf Coast refiners, traders say—Venezuelan crude oil was being offered this week to U.S. Gulf Coast refiners at a premium to competing Canadian barrels, two traders said. Venezuelan ...
- + Shipping News - Oil Energy: Chevron expected to receive expanded Venezuela license from US this week, sources say—Chevron is expected to receive an expanded Venezuela license from the U.S. government this week that could allow for increased production and exports ...
- + Shipping News - Oil Energy: US completes first Venezuelan oil sales valued at $500 million, US official says—The U.S. has completed the first sales of Venezuelan oil that are part of a $2 billion deal reached earlier this month between Caracas and Washington,...
- + Shipping News - Oil Energy: Russian oil output edges down 0.7% in 2025, OPEC data shows—Russian oil production dipped around 0.7% last year to 9.129 million barrels per day, OPEC monthly data showed on Wednesday. Russia has managed to kee...
- + Shipping News - Oil Energy: Canadian oil tycoon proposes aiding US in Venezuela’s oil revival—A Canadian tycoon who heads one of North Americas fastest-growing oil companies is advocating for his country to lend its heavy-oil expertise to the U...
- + Shipping News - Oil Energy: US natgas output to hit record high in 2026, while demand declines, EIA says—U.S. natural gas output will rise to a record high in 2026, while demand will decline, the U.S. Energy Information Administration said in its Short-Te...
- + Shipping News - Oil Energy: OPEC forecasts ongoing oil demand growth for 2027—Crude Oil Price Movements In December, the OPEC Reference Basket (ORB) value dropped by $2.72/b, month-on-month (m-o-m), to average $61.74/b. The ICE ...
- + Shipping News - Oil Energy: Dated Brent crude differential surges to 15-month high on supply crunch—The Dated Brent physical differential rose to a 15-month high on Jan. 13 on a surge of buying interest amid a tight environment across the Atlantic Ba...
- + Shipping News - Oil Energy: US oil drilling to slow as prices slump, Venezuela growth could amplify pressure, EIA says—Lower oil prices are expected to cut U.S. drilling activity and reduce output 1% this year from the top producing country, while potentially higher ou...
- + Shipping News - Oil Energy: India’s upstream exposure in Venezuela in spotlight amid differing US, industry signals—Indian upstream investors in Venezuela are optimistic that partial sanctions relief could facilitate dividend recovery and enable the restructuring of...
- + Shipping News - Oil Energy: Middle East Crude-Benchmarks steady; Brent crude’s premium to Dubai widens further—Middle East crude benchmarks Oman, Dubai and Murban held steady on Wednesday, while Brent crude oils premium to Dubai widened further. Brents Exchange...
- + Shipping News - Oil Energy: Westwood Insight – Geothermal opportunity for onshore drilling rigs—Geothermal energy is rapidly evolving from a niche technology into a strategic component of global decarbonisation efforts. Its ability to deliver fir...
- + Shipping News - Oil Energy: PDVSA aligned with Machado’s proposals for Venezuela’s oil industry: advisor—Venezuelas state oil company is aligned with the proposals of longtime opposition leader Maria Corina Machado, Juan Fernández, an advisor to Machados ...
- + Shipping News - Oil Energy: BP flags up to $5 billion in low-carbon energy impairments—Oil major BP BP. expects to book $4 billion to $5 billion in fourth-quarter impairments, mainly tied to its low-carbon energy businesses, as it redire...
- + Shipping News - Oil Energy: Oil climbs on concerns over potential supply disruption in Iran amid threats—Oil prices rose on Wednesday for a fifth straight session on fears of Iranian supply disruptions due to deadly civil unrest and as the U.S. and Iran t...
- + Shipping News - Oil Energy: US crude stock sees unexpected rise, indicating weaker demand—The American Petroleum Institute (API) has reported a significant increase in the inventory levels of US crude oil, gasoline, and distillate stocks, p...
- + Shipping News - Oil Energy: Oil to average $65 in 2026 as supply growth ahead of demand—Oil prices are likely to fall further in 2026 before stabilising, as supply growth to again outpace demand, though the downturn may be shallower than ...
- + Shipping News - Security: Global maritime piracy and armed robbery increased in 2025—The ICC International Maritime Bureau (IMB) reported an increase in global maritime incidents and piracy and armed robbery in 2025, classifying most c...
- + Shipping News - Ship Building: China receives second Australian canola shipment, crushers remain idle—A second cargo carrying 60,000 metric tons of Australian canola arrived in China earlier this month but has not yet been processed, leaving crushers i...
- + Shipping News - Ship Building: China’s 2025 oil imports, December inflows both hit record highs—Chinas crude oil imports rose 17% from a year earlier in December, while total imports in 2025 rose 4.4%, government data showed on Wednesday. In addi...
- + Shipping News - Ship Building: Venezuelan oil exports to China set to drop as US blockade limits cargoes—Chinas oil imports from Venezuela are expected to slump starting from February as fewer tankers have managed to leave for Caracas top crude buyer afte...
- + Shipping News - Ship Building: China’s steel exports, iron ore imports hit record highs—Chinas steel exports hit a record monthly high in December, fuelled by front-loading driven by Beijings announcement of an export licence requirement ...
- + Shipping News - Ship Building: Indian Oil buys its first Ecuadorean oil via tender, sources say—Indian Oil Corp IOC bought its first Ecuadorean Oriente crude cargo for end-March delivery via a tender, two trade sources said, as the countrys top r...
- + Shipping News - Ship Building: China’s Sinograin sells out soybean auction ahead of US shipments—Chinas state stockpiler Sinograin sold all 1.1 million metric tons of soybeans offered at its fourth auction since December on Tuesday, traders said, ...
- + Shipping News - Ship Building: Vitol, Trafigura offer Venezuelan oil to Indian, Chinese refiners for March delivery, sources say—Vitol and Trafigura have started discussions on Venezuelan crude oil sales with refiners in India and China for cargoes to be delivered in March, seve...
- + Shipping News - Ship Building: Russia’s diesel exports jump 40% in December on higher fuel output—Russias seaborne diesel and gasoil exports surged by nearly 40% in December from November to about 3.41 million metric tons, driven by higher fuel pro...
- + Shipping News - Ship Building: Egypt ships LNG cargo from Idku plant to Canada—Egypt has exported a new cargo of liquefied natural gas (LNG) from the Idku liquefaction plant on the Mediterranean coast to Canada, according to a st...
- + Shipping news - World Economy: ECB’s de Guindos: Fed cooperation is ‘business as usual’—The European Central Banks cooperation with the U.S. Federal Reserve will continue, ECB Vice-President Luis de Guindos told Politico in an interview p...
- + Shipping news - World Economy: Jamie Dimon puts JPMorgan in path of his own storm—Broken records have nothing on the boss of the largest U.S. bank. Even as JPMorgan JPM reported better-than-expected fourth-quarter results on Tuesday...
- + Shipping news - World Economy: ECB has no room for complacency as attack on Fed raises risks, Kazaks says—The European Central Bank should be on alert as the U.S. administration’s attack on the Federal Reserve raises new risks to the economic outlook, ECB ...
- + Shipping news - World Economy: German economy finally left stagnation at the end of last year—New Year’s traditions vary – ice diving, eating special cakes, or reflecting on the past year’s economic performance. For us, the most relevant is the...
- + Shipping news - World Economy: China’s growth set to slow to 4.5% in 2026, raising pressure on policymakers—China’s economic growth is likely to slow to 4.5% in 2026 and maintain the same pace in 2027, a Reuters poll showed, piling pressure for more stimulus...
- + Shipping news - World Economy: Supreme Court tariff ruling: It’s not just about refunds. Volume of U.S. freight trade could hinge on decision—The looming U.S. Supreme Court decision on the legality of many of President Donald Trump’s tariffs has companies on edge as they eye potential refund...
- + Shipping news - World Economy: BOJ to raise rates again to 1% or higher by end-September, possibly by July: Reuters Poll—The Bank of Japan will likely wait until July before raising its key interest rate again, economists say, with more than 75% of them expecting it to c...
- + Shipping news - World Economy: ECB’s De Guindos says “balanced” approach needed on Basel 3 bank rules—Defending the competitiveness of European banks requires pacing the adoption of global banking rules known as Basel 3 in line with other countries, a ...
- + Shipping news - World Economy: Greece’s annual primary budget surplus beats target—Greece recorded a central government primary budget surplus of 8 billion euros ($9.31 billion) in the January-December period, versus a targeted surpl...
- + Shipping news - World Economy: Trump says no plan to fire Fed Chair Powell amid DOJ probe- Reuters interview—U.S. President Donald Trump told Reuters on Wednesday he has no plans to fire Federal Reserve Jerome Powell despite his Department of Justice threaten...
- + Shipping news - World Economy: Fed’s Kashkari upbeat on 2026, expects inflation to moderate—Federal Reserve Bank of Minneapolis President Neel Kashkari said Wednesday he is optimistic about the economic outlook and expects inflation to wane, ...
- + Shipping news - World Economy: Greenland’s history as a Danish territory and why Trump wants it—U.S. President Donald Trump has renewed his ambition to take control of Greenland for national security reasons and questioned whether Denmark has any...
- + Shipping news - World Economy: Russia says NATO talk of Moscow and Beijing being a threat to Greenland is a myth to create hysteria—Russia said on Thursday that NATOs talk of Russia and China being a threat to Greenland was a myth designed to artificially whip up hysteria and that ...
- + Shipping news - World Economy: China 2025 new bank loans lowest in seven years, policy support needed—Chinas new bank loans totalled 16.27 trillion yuan ($2.33 trillion) in 2025, the lowest since 2018, highlighting weak borrowing needs as a prolonged p...
- + Shipping news - World Economy: India close to EU trade pact as US trade talks drag on—India expects talks on a long-sought trade deal with the European Union to conclude this month, Trade Secretary Rajesh Agrawal said on Thursday, in wh...
- + Shipping news - World Economy: US weekly jobless claims fall, but labor market is still in a holding pattern—The number of Americans filing new applications for unemployment benefits unexpectedly fell last week, but the drop was likely because of ongoing chal...
- + Shipping news - World Economy: US import prices increase from September to November—U.S. import prices increased 0.4% over the two months from September to November, the Labor Departments Bureau of Labor Statistics said on Thursday. T...
- + Shipping news - World Economy: Global Risks Report 2026: Geopolitical and Economic Risks Rise in New Age of Competition—The World Economic Forums Global Risks Report 2026, published today, finds geoeconomic confrontation emerges as the top risk for the year, followed by...
- + Shipping news - World Economy: China is closing in on US technology lead despite constraints, AI researchers say—China can narrow its technological gap with the U.S. driven by growing risk-taking and innovation, though the lack of advanced chipmaking tools is hob...
- + Shipping news - World Economy: US factory headcount falling despite Trump’s promised manufacturing boom—U.S. manufacturing jobs in December continued an eight-month skid that began last spring after President Donald Trump rolled out aggressive import tax...
- + Shipping News Marine Insurance: Global maritime piracy and armed robbery increased in 2025—The ICC International Maritime Bureau (IMB) reported an increase in global maritime incidents and piracy and armed robbery in 2025, classifying most c...
- + Shipping News Marine Insurance: Visiting a California port anytime soon?—When calling at ports in the United States (US) or transiting US waters, it is always important to bear in mind that state laws may apply in addition ...
- + Shipping News Marine Insurance: S&P reaffirms A+ rating for Gard—We are very happy about this,” said Torunn Biller White, Gard’s Chief Financial Officer. “Financial strength underpins everything we do at Gard, and t...

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