Loading of Venezuela’s heavy crude at its main oil ports slowed this week after the U.S. imposed a tariff on trade with countries buying the South American nation’s oil and producer Chevron began reducing its tanker fleetthere, according to shipping data and a document seen on Tuesday.
US
US Ships 80 Percent of LNG Exports to Europe During February
After declining sales to Europe during the second half of 2024, LNG from the U.S. is again in high demand on the continent.
https://gcaptain.com/us-ships-80-percent-of-its-lng-to-europe-during-february/
US Port Fees on China Vessels Would Affect All Shipping Firms, CMA CGM Says
U.S. proposals to hit Chinese vessels with high port fees would have a major impact on all firms in a container shipping industry in which most vessels are built in China, French-based shipping firm CMA CGM said on Friday.
https://gcaptain.com/us-port-fees-on-china-vessels-would-affect-all-shipping-firms-cma-cgm-says/
China’s Navy Drills Near US Allies Seen as Test for Trump
A spate of drills by China’s military in the Indo-Pacific is testing the Trump administration’s commitment to regional security soon after its actions raised doubts about its alliances with European nations.
https://gcaptain.com/chinas-navy-drills-near-us-allies-seen-as-test-for-trump/
Mexico Working on Agreement with US Before Tariff Deadline, Says Senior Mexican Official
Mexico is working with the United States to reach an agreement on tariffs before an impending deadline, a senior Mexican government official said on Wednesday, and the U.S. recognized its work to control migration and fentanyl trafficking.
First US Navy Ships Sail Through Taiwan Strait Since Trump Inauguration
Two U.S. Navy ships sailed through the sensitive Taiwan Strait this week in the first such mission since President Donald Trump took office last month, drawing an angry reaction from China, which said the mission increased security risks.
https://gcaptain.com/first-us-navy-ships-sail-through-taiwan-strait-since-trump-inauguration/
Recent Iranian military moves could reactivate Houthis?
The Houthis in Yemen have temporarily ceased their actions against commercial shipping, with no incidents recorded in 2025 so far. The pause in hostilities aligns with progress toward peace between Israel and Hamas. However, tensions remain high, and only a few shipping lines have resumed using the Suez Canal route connecting Asia and Europe.
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https://container-news.com/iranian-military-moves-reactivate-houthis/
EXCLUSIVE-Japan’s JERA Plans to Expand US LNG Purchases to Diversify Energy Supply
Japan’s biggest top LNG buyer, JERA, plans to increase its purchases of liquefied natural gas from the United States to diversify its supply and meet demand growth spurred by data centers and AI, a senior executive told Reuters.
Russia Says New US Energy Sanctions Will Destabilize Global Markets
The Kremlin said on Monday that the latest round of U.S. sanctions on the Russian energy sector risked destabilizing global markets, and Moscow would do everything possible to minimize their impact.
https://gcaptain.com/russia-says-new-us-energy-sanctions-will-destabilize-global-markets/
Chinese Trade Surplus Soars to $1 Trillion Ahead of Trump Return
China’s trade surplus soared to a record last year, driven by strong exports that boosted the economy but may soon be threatened by the incoming Trump administration.
https://gcaptain.com/chinese-trade-surplus-soars-to-1-trillion-ahead-of-trump-return/