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- gCaptain Read
Trump Set to Tout Korean Investment in Alaska LNG, Other Projects, Sources Say
President Donald Trump could unveil plans as soon as Wednesday to tap South Korea's pledged strategic investment package for about $54 billion to build a liquefied natural gas facility in Alaska and several other major US projects, according to two people familiar with the discussions.
- gCaptain Read
JPMorgan and Goldman See Mideast Oil Flows Near Pre-War Levels
Crude oil flows from the Middle East are returning toward pre-war levels despite continued risks to shipping, according to separate estimates from JPMorgan Chase & Co. and Goldman Sachs Group Inc.
- gCaptain Read
The Mare McAllister: McAllister’s Latest High-tech Low-Emission Tug Arrives
McAllister Towing is proud to announce our newest arrival! Welcome tug MARY McALLISTER. As ourcustomer’s vessels grow larger and services for these behemoths become increasingly demanding, McAllistercontinues to meet their
- gCaptain Read
Saronic Wins Navy Production Contract for 180-Foot Autonomous Surface Vessel
Saronic Technologies has won a U.S. Navy production contract for its 180-foot Marauder autonomous surface vessel after completing an at-sea evaluation that put the ship through more than 140 scenarios over eight
- gCaptain Read
Cheniere Signs 22-Year LNG Supply Deal With Petrobras
Cheniere Energy has signed a 22-year agreement to supply Brazil’s Petrobras with U.S. liquefied natural gas, adding another long-term customer as the company looks to support further expansion of its
- gCaptain Read
Russian Crude Exports Boom Blunted by Kremlin’s Diesel Sales Ban
Russia shipped the most crude in a month-and-a-half, while a jump in prices propelled the value of those cargoes close to the highest since the start of the invasion of Ukraine in 2022. But the benefits to the Kremlin are being undermined by its ban on overseas diesel sales.
- gCaptain Read
Old Hulls, New Money: Why the VLCC Market Has Stopped Counting Years
For most of shipping history, the valuation equation has been straightforward. A ship leaves the yard, begins ageing and progressively loses value. New steel commands the premium. Older steel trades at a discount.
- gCaptain Read
Trump Denies Offering Iran Sanctions Relief, Tehran Says it is Ready for Talks
US President Donald Trump said he has offered Iran nothing to end the war, rejecting media reports that cited US officials saying he was willing to ease sanctions and release frozen funds for "concrete" steps regarding Iran's nuclear program.
- gCaptain Read
Maersk Expands Fuel Options With First U.S. Ethanol Bunkering
A.P. Moller-Maersk has bunkered one of its dual-fuel containerships with 100% U.S.-produced corn ethanol, marking what the company says is the first ship-to-ship commercial ethanol bunkering of a deep-sea container
- gCaptain Read
Fog of War Deepens in Hormuz as Ship Attacks Go Unreported for Days
The maritime picture in the Strait of Hormuz is becoming harder to verify, with another delayed report of a vessel strike raising questions over how much of the fighting is
- gCaptain Read
Carnival Posts Record $1.9 Billion Profit as 2027 Bookings Hit New High
Carnival Corporation reported record third-quarter revenue and net income on Tuesday as strong cruise demand and lower-than-expected operating costs helped offset a sharp increase in fuel expenses. The cruise giant
- Task & Purpose Read
USS Frank E. Petersen Jr. comes home after 10 months at sea
The destroyer arrived home this week after a 10-month deployment that included air and missile defense operations as part of the Iran war.
- gCaptain Read
LNG Canada Greenlights Phase 2, Doubling Export Capacity
The partners behind LNG Canada have approved a major expansion of the British Columbia export terminal, clearing the way to double its production capacity to 28 million tonnes of LNG
- Task & Purpose Read
Army publishes guidebook to help NCOs manage barracks
The guidebook isn’t policy, but is meant to help noncommissioned officers better understand their duties in the barracks.
- gCaptain Read
First U.S. Coast Guard Arctic Security Cutter in Finland Nears Halfway Point as Second Approaches Construction
Rauma Marine Constructions in Finland has made rapid progress on the first of two Arctic Security Cutters it is building for the U.S. Coast Guard, with almost half of the vessel's blocks already launched and construction of the second ship approaching, according to the Finnish shipbuilder's chief executive.
- gCaptain Read
Shell to Double LNG Canada Plant in Multibillion-Dollar Plan
Shareholders in the Shell Plc-led LNG Canada venture greenlit plans to double its liquefied natural gas export capacity, forging ahead with the multibillion-dollar investment as key customers in Asia face the biggest supply shock of recent times.
- gCaptain Read
Hapag-Lloyd Urges Israel to Review Improved Offer for Shipping Services Company ZIM
Hapag-Lloyd HLAG.DE on Tuesday urged Israeli authorities to review improved terms in the company's $4.2 billion bid for ZIM Integrated Shipping Services.
- gCaptain Read
CMA CGM Ship Rescues Four After Yacht Strikes Whale in South Pacific
Four sailors have been rescued from a life raft in the South Pacific after their yacht struck a whale and began taking on water about 250 nautical miles north of
- Task & Purpose Read
First Space Force guardians graduate from Army jungle school in Panama
Two Space Force officers completed the jungle warfare and survival course, as the military increases its focus on Latin America.
- Task & Purpose Read
USS Theodore Roosevelt becomes 5th aircraft carrier to support Iran war operations
The USS Theodore Roosevelt deployed after Navy leaders said they applied lessons from the USS Abraham Lincoln’s extended Middle East tour.
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