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Hapag-Lloyd Posts Solid Half-Year Results Despite Red Sea Crisis and Volatile Trade Environment
Shipping
August 14, 2025
From 
Mike Schuler
 via 
gCaptain

Hapag-Lloyd Posts Solid Half-Year Results Despite Red Sea Crisis and Volatile Trade Environment

Hapag-Lloyd has reported a solid financial performance for the first half of 2025, achieving a Group EBITDA of USD 1.9 billion despite ongoing challenges in global shipping markets. The German...
Venture Global Eyes More Wins After Shell Arbitration Victory
Shipping
August 13, 2025
From 
Reuters
 via 
gCaptain

Venture Global Eyes More Wins After Shell Arbitration Victory

Liquefied natural gas producer Venture Global expects to win its remaining arbitration cases against major energy companies following its victory against Shell, CEO Mike Sabel said on Wednesday.
Descartes: U.S. Container Imports Surge to Near-Record Levels as Tariff Deadlines Loom
Shipping
August 13, 2025
From 
Mike Schuler
 via 
gCaptain

Descartes: U.S. Container Imports Surge to Near-Record Levels as Tariff Deadlines Loom

U.S. container imports surged to their second-highest level on record in July 2025, reaching 2,621,910 TEUs—just 555 containers shy of the all-time high set in May 2022, according to Canada-based...
LNG-Powered ‘Torogoz’ Completes Crowley’s Avance Class Fleet
Shipping
August 13, 2025
From 
Mike Schuler
 via 
gCaptain

LNG-Powered ‘Torogoz’ Completes Crowley’s Avance Class Fleet

Crowley Maritime Corporation marked a significant milestone in its Central American shipping operations yesterday as its fourth and final Avance Class vessel, the Torogoz, departed Port Everglades on its inaugural...
UN Security Council Sounds Alarm on Rising Threats to Maritime Security
Shipping
August 12, 2025
From 
Mike Schuler
 via 
gCaptain

UN Security Council Sounds Alarm on Rising Threats to Maritime Security

The United Nations Security Council convened Monday for a critical debate on maritime security, highlighting the escalating challenges facing global shipping lanes amid geopolitical tensions, piracy, and emerging cyber threats....
Car Shipper Says US Tariff Haze Still Affecting Auto Trade Flows
Shipping
August 12, 2025
From 
Reuters
 via 
gCaptain

Car Shipper Says US Tariff Haze Still Affecting Auto Trade Flows

Europe's car exporters are still struggling with uncertainty over U.S. tariffs despite last month's trade deal, Wallenius Wilhelmsen WAWI.OL, the operator of one of the world's largest car-carrier fleets, told Reuters on Tuesday.
Trump Administration Threatens Retaliation Against Countries Backing Shipping’s Net Zero Emissions Plan
Shipping
August 12, 2025
From 
Reuters
 via 
gCaptain

Trump Administration Threatens Retaliation Against Countries Backing Shipping’s Net Zero Emissions Plan

The U.S. on Tuesday rejected the "Net-Zero Framework" proposal by the International Maritime Organization, which is aimed at reducing global greenhouse gas emissions from the international shipping sector, and threatened measures against countries that support it.
Sanctions Choke Crude Shipments to Indian Refiner Nayara
Shipping
August 12, 2025
From 
Bloomberg
 via 
gCaptain

Sanctions Choke Crude Shipments to Indian Refiner Nayara

(Bloomberg) — Indian refiner Nayara Energy is set to receive the lowest-ever amount of crude this month, as oil imports and product exports buckle under the weight of EU sanctions. Nayara...
India State-Run Shipper to Buy Local Vessels in $2 Billion Deal
Shipping
August 11, 2025
From 
Bloomberg
 via 
gCaptain

India State-Run Shipper to Buy Local Vessels in $2 Billion Deal

State-owned Shipping Corp. of India, the country’s largest shipping line, is working on a plan to purchase 26 India-made ships for 198.2 billion rupees ($2.3 billion) as part of a government initiative to boost the domestic shipbuilding industry, according to people familiar with the matter.
Record Short Against Maersk Backfires in Trade-War Defying Rally
Shipping
August 11, 2025
From 
Bloomberg
 via 
gCaptain

Record Short Against Maersk Backfires in Trade-War Defying Rally

Shorting the stock of the world’s largest listed shipping company during a global trade war may seem like a sure bet. But the investors who’ve loaded up on the trade since April have so far only been handed big losses.
Sanctioned Suezmax Oil Tanker Navigates Russian Arctic Without Permit, Unknown Insurance, and Overdue for Inspection
Shipping
August 11, 2025
From 
Malte Humpert
 via 
gCaptain

Sanctioned Suezmax Oil Tanker Navigates Russian Arctic Without Permit, Unknown Insurance, and Overdue for Inspection

Russia continues to push the safety envelope for oil shipments via the Arctic. A 19-year old sanctioned Suezmax tanker, Latur, loaded with Russian crude oil has entered the country’s Northern Sea Route. The Comoros-flagged tanker left Murmansk on August 6 and is currently displaying China as its destination with a September 6 arrival.
Sanctioned Suezmax Oil Tanker Navigates Russian Arctic Without Permit, Unknown Insurance, and Overdue for Inspection
Shipping
August 11, 2025
From 
Malte Humpert
 via 
gCaptain

Sanctioned Suezmax Oil Tanker Navigates Russian Arctic Without Permit, Unknown Insurance, and Overdue for Inspection

Russia continues to push the safety envelope for oil shipments via the Arctic. A 19-year old sanctioned Suezmax tanker, Latur, loaded with Russian crude oil has entered the country’s Northern Sea Route. The Comoros-flagged tanker left Murmansk on August 6 and is currently displaying China as its destination with a September 6 arrival.