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First official public explanation of Spain's blackout: “The grid didn’t have enough capacity to control voltage dynamically [with thermal power stations],” Spanish energy minister said. For background, here: x.com/JavierBlas/sta… and here: bloomberg.com/opinion/articl… #Apagon

So true. Especially a hard tug with a happy ending. Nobody likes a tug that ends in a ship collision.

“Get me to wear a tie once, shame on you. Tie me twice.. You can't get me to wear a tie again,” Sal Mercogliano (WGOW Shipping) 🚢⚓🐪🚒🏴‍☠️

Overheard Marine Money Week “Building nuclear cargo ships will be relatively easy. Finding a shipyard with all the right regulatory approvals will be hard. Very hard.”

One of your largest supertankers erupts in flames and your stock jumps up 3%? Welcome to the wild world of shipping stocks: where up is down, down is up, and sideways is the default setting.

Debate: Should the U.S. Intervene in Iran? @DanDCaldwell: “While I believe that it is not in America’s interest for Iran to get a nuclear bomb, it is also fundamentally not in our interest for us to become embroiled in yet another major conflict in the Middle East that could

Britain Targets Putin’s Shadow Fleet in Sweeping G7 Sanctions gcaptain.com/britain-target…

"If China does take Taiwan by 2027, like he says, I can see China trying to do a massive decapitation strike of hundreds of helicopters flying into Taipei..." "...There are no good beaches for amphibious assault, so China has been building these very long barges right out in the

Refill the strategic oil reserve AND rebuild the strategic diesel and jet fuel reserve (Red Hill)

The one shipping industry segment that’s VERY quiet right now is Cruise ships. They don’t go into war zone but a large percentage of ownership, finance and technology flow through Israel.

The world’s most consequential #shipping investment conference Marine Money, is ongoing right now in NYC. Great news! Value Investor's Edge has sponsored a livestream of all tomorrow’s events (Weds, 18 June). Free and no registration required! Link here: marinemoney.com/livestream

Some product tanker spot market fixtures in the Arabian Gulf I'm hearing about are 🤯 $TRMD $ASC $HAFN $STNG $INSW

The (D) have found a way to attract young men. Have your elders cry because they have to obey the same rules everyone else does.

The National Security Blob has been lying about everything for decades but now they’re totally telling the truth guys. 🤡

“Would you rather own US Dollars or ships right now? I think ships because the US dollar is a debt trap,” Gavin Kagan, Houlihan Lokey

Updated data on #shipping #SuezCanal transits via the #RedSea