U.S. Sanctions Chinese Port Operators, Teapot Refinery Over Iranian Oil Shipments
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced today a significant expansion of sanctions targeting Iran’s
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced today a significant expansion of sanctions targeting Iran’s
Danish logistics conglomerate A.P. Moller-Maersk (Maersk) reported a significant improvement in its first-quarter 2025 performance, with revenue growing 7.8%
A recent ceasefire agreement between the U.S. and Yemen’s Houthi militia has raised questions about the potential impact on global shipping rates, with
Russia’s LNG shadow fleet continues to make moves in preparation for the upcoming Arctic summer shipping season. A second sanctioned LNG carrier has arrived
A.P. Moller-Maersk A/S, the Danish container giant, lowered its forecast for the global transport market rattled by Donald Trump’s trade
The United States announced plans to nominate multiple vessels for designation over violations of UN sanctions against North Korea, following revelations of
U.S. energy groups are asking President Donald Trump's administration to exempt liquefied natural gas tankers from a new rule that will require producers to
President Donald Trump has withdrawn the nomination of retired U.S. Navy Captain Brent Sadler and nominated Stephen Carmel of Virginia to be the next
Seafarers at Yemen’s Ras Isa Port face escalating safety concerns amid reports of vessels being forcibly detained and armed confrontations, according to
Container liners are starting to sever shipping routes that link the US and China across the Pacific, as President Donald Trump’s trade war upends the
Vietnam's imports from China and exports to the United States both reached a post-pandemic record in April, amid talks with Washington to reduce Hanoi's trade
President Donald Trump announced on Tuesday the U.S. will stop bombing the Houthis in Yemen, saying that the Iran-aligned group had agreed to stop interrupting
Matson’s stock falls 15% after the company reported Transpacific container volumes falling 30% since April in response to tariffs. Matson, Inc. (NYSE:
President Donald Trump announced Tuesday that the United States will cease military operations against Houthi forces in Yemen, claiming the Iran-aligned group
The recently reintroduced SHIPS for America Act is creating additional challenges for ocean container shippers in 2025, adding a new layer of complexity to an
The US trade deficit widened to a record in March as companies rushed to import products including pharmaceuticals as the Trump administration readied sweeping
China’s trade flows increased at the end of April, indicating the damage from US tariffs has yet to manifest in actual shipments even though the trade war is
A manufacturer of capsules and tablets for the pharmaceuticals industry is scouting Asia for new partners. A steel component maker, with a client base in the
Commonwealth LNG has secured a significant 20-year Sale and Purchase Agreement (SPA) with a major Asian energy company for 1 million tonnes per annum (mtpa) of
European firms are reporting earnings significantly ahead of expectations, allowing for some relief in the market, but tariffs and the uncertain path of
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