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Waltz And Rubio Signal Trump’s Bid to Reassert U.S. Maritime Power
News
November 12, 2024
From 
John Konrad
 via 
gCaptain

Waltz And Rubio Signal Trump’s Bid to Reassert U.S. Maritime Power

by Captain John Konrad (gCaptain) American shipyards, the Merchant Marine, ports, and waterways have undeniably suffered from decades of neglect. This context explains why some American shipping experts are celebrating...
Maersk Tankers’ Big Bet on Wind: Largest Suction Sail Rollout Set for 2025
News
November 12, 2024
From 
Mike Schuler
 via 
gCaptain

Maersk Tankers’ Big Bet on Wind: Largest Suction Sail Rollout Set for 2025

Maersk Tankers is taking a pioneering step in maritime sustainability by deploying the eSAIL® suction sail technology on five MR vessels in 2025 and 2026. Designed by bound4blue, the automated...
Russian Oil Gets Flipped Between Tankers Near Spanish Exclave of Ceuta
News
November 12, 2024
From 
Bloomberg
 via 
gCaptain

Russian Oil Gets Flipped Between Tankers Near Spanish Exclave of Ceuta

By Sherry Su and Julian Lee Nov 11, 2024 (Bloomberg) – A cargo of Russian oil appears to have been switched between ocean-going tankers near a Spanish exclave in north...
COP29: Countries Endorse Global Carbon Market Framework
News
November 11, 2024
From 
Reuters
 via 
gCaptain

COP29: Countries Endorse Global Carbon Market Framework

By Virginia Furness and Kate Abnett BAKU, Nov 11 (Reuters) – Countries at the two-week COP29 climate summit gave the go-ahead on Monday to carbon credit quality standards which are critical to launching a...
Russian, Indonesian Navies Hold Joint Counter-Terrorism Drills
News
November 10, 2024
From 
Reuters
 via 
gCaptain

Russian, Indonesian Navies Hold Joint Counter-Terrorism Drills

Nov 11 (Reuters) – Russian and Indonesian ships practiced freeing a vessel captured by terrorists and fought unmanned boats during the first joint naval exercises between the two countries in the Java...
Fire breaks Out On Japanese Navy Ship
News
November 10, 2024
From 
Reuters
 via 
gCaptain

Fire breaks Out On Japanese Navy Ship

TOKYO, Nov 10 (Reuters) – Fire broke out on a Japanese warship sailing near the western part of the country, causing one crew member to be hospitalised due to smoke inhalation, while...
Trump Comeback Means Reckoning for China as It Draws Up Stimulus
News
November 8, 2024
From 
Bloomberg
 via 
gCaptain

Trump Comeback Means Reckoning for China as It Draws Up Stimulus

(Bloomberg) — Chinese lawmakers got a head start on the US election this week as they gathered to vote on the largest fiscal package since the pandemic. But now that...
India’s Oil Demand Drives CMB Tech Fleet Diversification
News
November 7, 2024
From 
Reuters
 via 
gCaptain

India’s Oil Demand Drives CMB Tech Fleet Diversification

By Dimitri Rhodes Nov 7 (Reuters) – Belgian oil tanker company CMB Tech says it will focus on the fast growing market in India as it reported third quarter results...
With Trump’s White House Return, Will Fossil Fuels Outshine the Renewable Boom?
News
November 6, 2024
From 
Reuters
 via 
gCaptain

With Trump’s White House Return, Will Fossil Fuels Outshine the Renewable Boom?

Nov 6 (Reuters) – Donald Trump‘s return to the White House will refocus the nation’s energy policy onto maximizing oil and gas production and away from fighting climate change, but the Republican win in...
Trump’s Victory Sparks Fears of Freight Rate Surge and Trade War Escalation
News
November 6, 2024
From 
Mike Schuler
 via 
gCaptain

Trump’s Victory Sparks Fears of Freight Rate Surge and Trade War Escalation

Donald Trump’s victory in the US Presidential Election is sending ripples through the container shipping industry being viewed as a potential setback for international trade. Shares in notable names such...
Gulf of Mexico Oil and Gas Producers Cut Output Ahead of Storm
News
November 5, 2024
From 
Mike Schuler
 via 
gCaptain

Gulf of Mexico Oil and Gas Producers Cut Output Ahead of Storm

Nov 5 (Reuters) – Oil and gas producers began shutting in U.S. Gulf of Mexico output and pulling workers off platforms on Tuesday ahead of a late hurricane season storm threatening offshore fields.  The U.S. National Hurricane...
Alternative Fueled Ship Orders Surge as LNG and Methanol Battle for Market Share
News
November 5, 2024
From 
Mike Schuler
 via 
gCaptain

Alternative Fueled Ship Orders Surge as LNG and Methanol Battle for Market Share

October 2024 marked a record-breaking month for alternative fueled vessel orders, with a total of 97 new orders placed, according to the latest figures from DNV’s AFI platform. The milestone...