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TradeWinds

TradeWinds

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Global shipping business news and market intelligence.

Recent Posts

European Defence Ministers Plot Further Russian Oil Disruption
News•Feb 28, 2026

European Defence Ministers Plot Further Russian Oil Disruption

European defence ministers convened in Krakow to discuss escalating measures against Russian seaborne oil exports. France seized the 115,600‑dwt aframax tanker Grinch, carrying 730,000 barrels of crude, and released it after the shipowner paid a €3 million fine. Ministers aim to block charterers and ultimately halt oil shipments from shadow‑fleet vessels. Russian crude and product revenues reached $11.1 billion in January, underscoring the financial stakes.

By TradeWinds
Here’s How Much Shipowners Have Saved up to Invest in US-Built Tonnage
News•Feb 24, 2026

Here’s How Much Shipowners Have Saved up to Invest in US-Built Tonnage

U.S. shipowners and domestic shipyards have set aside roughly $2.59 billion in tax‑deferred Capital Construction Funds earmarked for new U.S.-built vessels, according to the Trump administration’s Maritime Action Plan. The plan touts the accounts as a successful incentive mechanism designed to...

By TradeWinds
Tanker Carrying Russian Crude Heads for Cuba as US Pressure Grows
News•Feb 23, 2026

Tanker Carrying Russian Crude Heads for Cuba as US Pressure Grows

A Hong Kong‑flagged tanker loaded with Russian diesel used offshore ship‑to‑ship transfers near Cyprus and repeatedly altered its AIS data to conceal a planned delivery to Cuba. The vessel’s draft increase and route changes suggest deliberate evasion of U.S. sanctions that...

By TradeWinds