gCaptain

• BP Wins Arbitration Case Against Venture Global Over LNG Cargoes
  BP BP.L has won its arbitration case against Venture Global VG.N over the U.S. supplier's failure to deliver liquefied natural gas under a long-term contract that was due to start in late 2022, Venture Global said on Thursday.
• U.S. Turns to Finnish Expertise to Jump-Start Icebreaker Production
  President Donald Trump has signed a Presidential Memorandum authorizing the construction of up to four Arctic Security Cutters (ASCs) in Finland, addressing urgent national security needs in the increasingly contested...
• U.S. Targets Iran’s Shadow Fleet with Massive Sanctions Package
  The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has intensified efforts against Iran’s petroleum and petrochemical exports, announcing sanctions against more than 50 individuals, entities, and...
• U.S. Coast Guard to Acquire 11 Icebreakers in Landmark U.S.-Finland Pact
  U.S. President Donald Trump and Finnish counterpart Alexander Stubb sealed an agreement on Thursday for the U.S. Coast Guard to acquire up to 11 icebreaker ships to bolster U.S. national security in the Arctic.
• Freight to Dodge Worst of US Port Fees Thanks to Workarounds
  Freight rates are likely to see limited impact when the US starts charging Chinese vessels for calling at its ports next week, as shipping firms find several ways to circumvent the punitive measures, including reshuffling their fleets.