In response to escalating regional conflicts in the Middle East, the U.S. Maritime Administration has issued a new advisory to shipping that enhances previous guidelines for U.S.-flagged commercial ships navigating…
Shipping
Venture Global building LNG fleet to sell cargoes directly on spot market
U.S. liquefied natural gas exporter Venture Global LNG, which is involved in multiple legal fights with clients, has announced it is building a large fleet of LNG-powered vessels.
Venture Global’s fleet will include nine vessels. Six will have a cargo capacity of 174,000 cubic meters and three a cargo capacity of 200,000 cubic meters. The tankers are under construction in South Korea and will be delivered starting later this year. All nine ships will be primarily fueled by Venture Global’s...
Somali Pirate Threat Remains After RUEN Release
The European Union’s Operation ATALANTA says multiple pirate action groups may still be operating in the Indian Ocean following the rescue of the MV Ruen and its 17 crew members…
https://gcaptain.com/somali-pirate-threat-remains-after-ruen-release/
Venture Global swoops on 9 in-build LNG carriers
Arlington, Va., headquartered U.S. LNG export terminal operator Venture Global LNG is getting into vessel ownership. Yesterday, it announced the acquisition of nine LNG carriers currently under construction by an undisclosed South Korean shipbuilder (or shipbuilders). It says that deliveries of the ships will start later this year. Six vessels will have a cargo capacity of 174,000 cubic meters each and three a cargo capacity of 200,000 cubic meters each. All nine ships will be primarily fueled...
https://www.marinelog.com/news/venture-global-swoops-on-9-in-build-lng-carriers/
Somali Forces and Foreign Navies Preparing Attack on Hijacked Ship, Police Say
By Abdiqani Hassan GAROWE, Somalia, March 18 (Reuters) – Somali police and international navies were preparing on Monday to attack a commercial ship that was hijacked by pirates last week, the Puntland…
https://gcaptain.com/somali-forces-and-foreign-navies-preparing-attack-on-hijacked-ship-police-say/
INTERVIEW: 85% of ship engines ordered in 2030 likely to be dual-fueled: MAN Singapore
MAN Energy Solutions expects the order book for dual-fuel engines to ratchet, with around 85% of all ship engines ordered in 2030 to be dual-powered, as the global shipping industry speeds up maritime decarbonization efforts, its Singapore Managing Director Nicolas Brabeck said. The 2030 estimates...
US Military Says It Destroyed Houthi Drone Over Red Sea
March 17 (Reuters) – The U.S. military said it destroyed a drone fired by the Yemeni Houthis on Saturday, with another presumed to have crashed into the Red Sea. Read Also: Houthis Vow to…
https://gcaptain.com/us-military-says-it-destroyed-houthi-drone-over-red-sea/
Treasury Is Asked Why US Firm Insures Ships Carrying Iran Oil
By Zachary R. Mider and Zeke Faux (Bloomberg) –A Republican congressman is asking the Treasury Department to explain its handling of a US insurance company that covered dozens of tanker ships…
https://gcaptain.com/treasury-is-asked-why-us-firm-insures-ships-carrying-iran-oil/
Second Aid Shipment For Gaza Ready To Sail From Cyprus
LARNACA, Cyprus March 16 (Reuters) – A second cargo of food aid was ready to depart by sea from Cyprus to Gaza on Saturday, the island’s president said, after a first aid…
https://gcaptain.com/second-aid-shipment-for-gaza-ready-to-sail-from-cyprus/
US Sanctions Marshall Islands Shipping Company Over Illicit Shipments for Houthis and Iran
The Office of Foreign Assets Control (OFAC) under the Department of the Treasury has imposed new sanctions on a Marshall Islands registered shipping company Vishnu Inc. over unauthorized Iranian shipments…