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Maersk Estimates Effective US Tariffs Average 21% Currently
Shipping
July 2, 2025
From 
Reuters
 via 
gCaptain

Maersk Estimates Effective US Tariffs Average 21% Currently

Maersk MAERSKb.CO estimates companies pay effective U.S. import tariffs of on average 21% relative to container load, the Danish shipping group said on Wednesday, less than half the rate before Washington paused its sweeping tariffs in April.
Containership WAN HAI 503 Towed Beyond India’s EEZ After Deadly Fire
Shipping
July 1, 2025
From 
Mike Schuler
 via 
gCaptain

Containership WAN HAI 503 Towed Beyond India’s EEZ After Deadly Fire

The Singapore-flagged containership MV WAN HAI 503 has been towed outside of India’s Exclusive Economic Zone and now sits approximately 130 nautical miles off the Kochi coast as salvage efforts continue following...
Finland Implements Historic Ban on Ship Wastewater Discharges in Baltic Sea
Shipping
July 1, 2025
From 
Mike Schuler
 via 
gCaptain

Finland Implements Historic Ban on Ship Wastewater Discharges in Baltic Sea

Finland’s groundbreaking ban on sewage and open-circuit scrubber wastewater discharges in its territorial waters takes effect today, making it the first nation globally to implement such comprehensive wastewater regulations for...
Limpet Mine Eyed in Tanker Blast Off Libya’s Coast
Shipping
July 1, 2025
From 
Reuters
 via 
gCaptain

Limpet Mine Eyed in Tanker Blast Off Libya’s Coast

A limpet mine may have caused a blast that damaged a Greek tanker sailing off Libya's coast last week, the fifth such incident to hit commercial shipping in the region in recent months, maritime security sources said on Tuesday.
Private Equity Acquires Majority Stake in Louis Dreyfus Armateurs, Plans €1B Expansion
Shipping
July 1, 2025
From 
Mike Schuler
 via 
gCaptain

Private Equity Acquires Majority Stake in Louis Dreyfus Armateurs, Plans €1B Expansion

European private equity firm InfraVia Capital Partners has acquired an 80% majority stake in renowned maritime group Louis Dreyfus Armateurs (LDA) through its InfraVia European Fund VI, with the Louis-Dreyfus...
First Quantum Starts Shipping Stockpiled Copper From Panama Mine
Shipping
June 28, 2025
From 
Bloomberg
 via 
gCaptain

First Quantum Starts Shipping Stockpiled Copper From Panama Mine

By Julian Luk and Jacob Lorinc Jun 27, 2025(Bloomberg) –First Quantum Minerals Ltd. has started shipping stockpiled copper from its stalled mine in Panama, 19 months after the operation was shut...
Ukraine Calls For EU Sanctions On Import Of ‘Stolen Grain’
Shipping
June 28, 2025
From 
Reuters
 via 
gCaptain

Ukraine Calls For EU Sanctions On Import Of ‘Stolen Grain’

By Aditya Kalra, Ruma Paul NEW DELHI/DHAKA, June 27 (Reuters) – Ukraine plans to ask the European Union to sanction Bangladeshi entities it says are importing wheat taken from Ukrainian territories occupied...
Tanker Captain Catches Crew Smuggling Drugs in Belgium
Shipping
June 27, 2025
From 
Mike Schuler
 via 
gCaptain

Tanker Captain Catches Crew Smuggling Drugs in Belgium

The MT Scot Bremen, a Maltese-flagged product tanker operated by Turkish shipping company Scot Tankers, has become the center of a narcotics investigation after the vessel’s Master discovered crew members...
Alarming 25% Rise in Seafarer Deaths Following Pandemic, Gard Report Reveals
Shipping
June 27, 2025
From 
Mike Schuler
 via 
gCaptain

Alarming 25% Rise in Seafarer Deaths Following Pandemic, Gard Report Reveals

Norwegian Protection & Indemnity (P&I) insurer Gard has released its second Crew Claims Report highlighting concerning trends in seafarer health and safety. The comprehensive analysis, based on approximately 3,000 crew...
EU, US Confident They’ll Reach Tariff Deal by July Deadline
Shipping
June 27, 2025
From 
Bloomberg
 via 
gCaptain

EU, US Confident They’ll Reach Tariff Deal by July Deadline

The European Union and the US believe they can clinch some form of a trade agreement before a July 9 deadline, when Washington is set to impose a 50% tariff on nearly all EU products and the bloc plans to unleash its own series of countermeasures.
Closure of Sugar Refinery Brings End to New York City Suburb’s Working Waterfront
Shipping
June 27, 2025
From 
Mike Schuler
 via 
gCaptain

Closure of Sugar Refinery Brings End to New York City Suburb’s Working Waterfront

Daniel Katzive (gCaptain) — The historic Domino sugar refinery in Yonkers, New York will cease operations by the end of this year. The closure of the 130-year-old plant will bring...
Ships Near Hormuz Sending Unusual Messages to Deter Attacks
Shipping
June 26, 2025
From 
Reuters
 via 
gCaptain

Ships Near Hormuz Sending Unusual Messages to Deter Attacks

Vessels near the Strait of Hormuz have been broadcasting unusual messages concerning nationality in a bid to avoid being attacked as doubts linger over the ceasefire between Israel and Iran, according to maritime risk analytics firm Windward and ship tracking data on Thursday.