The Department of Transportation’s Maritime Administration (MARAD) has issued a license to Delfin LNG, LLC for the construction and operation of the nation’s first offshore LNG export deepwater port. The…
president trump
U.S. Treasury Sanctions Chinese ‘Teapot’ Refinery and Shadow Fleet in Major Iranian Oil Crackdown
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has launched a sweeping enforcement action targeting a Chinese “teapot” refinery and multiple shipping companies involved in Iranian…
US Strikes Houthi Strongholds in Yemen Where Leaders Are Hiding
The U.S. hit targets across Yemen in airstrikes overnight, including Saada province, which Yemeni sources say is a long-time hideout for Iran-aligned Houthi leaders, and the Red Sea port city of Hodeidah.
https://gcaptain.com/us-strikes-houthi-strongholds-in-yemen-where-leaders-are-hiding/
Alaskan Officials to Seek Investors in Japan as Trump Touts LNG Exports
Alaskan state representatives will visit Japan this month to court investors for a natural gas project President Donald Trump says could pump trillions of dollars into the U.S., but Japanese energy firms remain skeptical of the project’s feasibility.
https://gcaptain.com/alaskan-officials-to-seek-investors-in-japan-as-trump-touts-lng-exports/
Trump Issues Stark Warning to Iran Over Houthi Attacks, Threatens ‘Dire Consequences’
In a strongly-worded statement issued Monday, President Donald Trump warned Iran would face severe consequences for its role in Houthi attacks in the Red Sea region. “Every shot fired by…
Canada Strikes Back in Trade War With Tariffs on US Steel, Aluminum
Canada announced new 25% tariffs on about C$30 billion ($20.8 billion) of US-made products, including steel and aluminum, after the Trump administration went ahead with global levies on imports of those two materials.
https://gcaptain.com/canada-strikes-back-in-trade-war-with-tariffs-on-us-steel-aluminum/
US Navy Shipbuilding Called Too Slow and Costly as Trump Vows Change
The US Navy keeps falling short in shipbuilding, with costs too high and deliveries too slow, the service’s acting acquisition chief said in written testimony submitted for a House hearing on Tuesday.
https://gcaptain.com/us-navy-shipbuilding-called-too-slow-and-costly-as-trump-vows-change/
Panama Maritime Authority to Review CK Hutchison-BlackRock Port Deal
The Panama Maritime Authority, which oversees shipping and port infrastructure in the country, will request all legal and financial documents from a key transaction between CK Hutchison and a consortium backed by BlackRock, minister to presidency Juan Carlos Orillac said on Friday.
https://gcaptain.com/panama-maritime-authority-to-review-ck-hutchison-blackrock-port-deal/
CMA CGM Considering Building Containerships in U.S., CEO Says
CMA CGM is in talks with shipyards about the possibility of having medium-sized container vessels built in the United States, the French shipping group’s CEO Rodolphe Saade told Les Echos newspaper.
https://gcaptain.com/cma-cgm-considering-building-containerships-in-u-s-ceo-says/
Trump Trade Wars, Sanctions Grip Already-Tight Heavy Oil Market
US President Donald Trump’s trade wars and sanctions are tightening the market for heavy crude, boosting prices for the sludgy oil and raising costs for the largest American refining center.
https://gcaptain.com/trump-trade-wars-sanctions-grip-already-tight-heavy-oil-market/