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U.S. Coast Guard Modernizes Underwater Survey Guidelines to Boost Maritime Competitiveness
Shipping
May 30, 2025
From 
Mike Schuler
 via 
gCaptain

U.S. Coast Guard Modernizes Underwater Survey Guidelines to Boost Maritime Competitiveness

The U.S. Coast Guard has released a significant update to its underwater survey guidance for U.S.-flagged vessels, marking the first major revision since its introduction in 1989. The revised guidance,...
Transpacific Rates Soar as Carriers Push GRIs and U.S. Trade Policy Wavers
Shipping
May 30, 2025
From 
Mike Schuler
 via 
gCaptain

Transpacific Rates Soar as Carriers Push GRIs and U.S. Trade Policy Wavers

Container spot freight rates on the transpacific trade saw another week of double-digit gains, as carriers forced prices with the détente in the US-China trade war continuing.
Russian Containership Captain Pleads Not Guilty in Fatal Tanker Collision Off UK Coast
Shipping
May 30, 2025
From 
Mike Schuler
 via 
gCaptain

Russian Containership Captain Pleads Not Guilty in Fatal Tanker Collision Off UK Coast

The captain of the Portuguese-flagged containership Solong has pleaded not guilty to charges of gross negligence manslaughter following a fatal collision with a U.S.-flagged tanker off Britain’s east coast. Vladimir...
Russia’s ‘Shadow Fleet’ Readies for Summer as Sanctioned LNG Carriers Receive Permits for Arctic Route
Shipping
May 30, 2025
From 
Malte Humpert
 via 
gCaptain

Russia’s ‘Shadow Fleet’ Readies for Summer as Sanctioned LNG Carriers Receive Permits for Arctic Route

In recent days at least a half-dozen sanctioned LNG carriers have received permits to sail Russia’s Northern Sea Route this summer. The vessels include last summer’s “shadow fleet” carriers Arctic Metagas (ex-Everest Energy) and Arctic Mulan (ex-Mulan) as well as recently-reflagged and sanctioned Iris (ex-North Sky), Buran (ex-North Air), Voskhod (ex-North Mountain), and Zarya (ex-North Way).
Russia’s ‘Shadow Fleet’ Readies for Summer as Sanctioned LNG Carriers Receive Permits for Arctic Route
Shipping
May 30, 2025
From 
Malte Humpert
 via 
gCaptain

Russia’s ‘Shadow Fleet’ Readies for Summer as Sanctioned LNG Carriers Receive Permits for Arctic Route

In recent days at least a half-dozen sanctioned LNG carriers have received permits to sail Russia’s Northern Sea Route this summer. The vessels include last summer’s “shadow fleet” carriers Arctic Metagas (ex-Everest Energy) and Arctic Mulan (ex-Mulan) as well as recently-reflagged and sanctioned Iris (ex-North Sky), Buran (ex-North Air), Voskhod (ex-North Mountain), and Zarya (ex-North Way).
Trump’s Tariffs Back On After Appeals Court Grants Stay
Shipping
May 29, 2025
From 
Reuters
 via 
gCaptain

Trump’s Tariffs Back On After Appeals Court Grants Stay

A federal appeals court temporarily reinstated the most sweeping of President Donald Trump's tariffs on Thursday, a day after a trade court had ruled Trump had exceeded his authority in imposing the duties and ordered an immediate block on them.
DOE Greenlights Port Arthur LNG Phase II, Marking Trump’s First Export Approval
Shipping
May 29, 2025
From 
Mike Schuler
 via 
gCaptain

DOE Greenlights Port Arthur LNG Phase II, Marking Trump’s First Export Approval

U.S. Secretary of Energy Chris Wright has approved a final authorization for LNG exports to non-free trade agreement countries from Port Arthur LNG Phase II in Jefferson County, Texas. The...
Xeneta: Court Ruling Against Trump Tariffs Sparks New Supply Chain Uncertainty
Shipping
May 29, 2025
From 
Mike Schuler
 via 
gCaptain

Xeneta: Court Ruling Against Trump Tariffs Sparks New Supply Chain Uncertainty

The container shipping industry is set for more market volatility following a ruling by the U.S. Court of International Trade that deemed President Trump’s “Liberation Day” tariffs unlawful. The court’s...
Golden Ocean and CMB.TECH Lock in Merger
Shipping
May 28, 2025
From 
Mike Schuler
 via 
gCaptain

Golden Ocean and CMB.TECH Lock in Merger

Golden Ocean Group Limited (NASDAQ: GOGL) and CMB.TECH NV (NYSE: CMBT) have announced their merger agreement, which will establish one of the world’s largest listed diversified maritime groups. The announcement...
Ship Losses Hit Historic Low Amid Rising Risks
Shipping
May 28, 2025
From 
Mike Schuler
 via 
gCaptain

Ship Losses Hit Historic Low Amid Rising Risks

The global maritime industry has achieved its lowest-ever total of vessel losses, with only 27 large ships lost worldwide in 2024, marking a 20% decrease from the previous year, according...
Report: Russian Naval Escorts Guard Shadow Fleet in Gulf of Finland
Shipping
May 27, 2025
From 
Mike Schuler
 via 
gCaptain

Report: Russian Naval Escorts Guard Shadow Fleet in Gulf of Finland

Russia has intensified its maritime operations in the Gulf of Finland, implementing new tactics that include military escorts for its shadow fleet tankers, Finnish Defence Minister Antti Häkkänen said over...
Container Shipping Industry Posts $9.9 Billion Q1 Profit as Red Sea Crisis Impact Wanes
Shipping
May 27, 2025
From 
Mike Schuler
 via 
gCaptain

Container Shipping Industry Posts $9.9 Billion Q1 Profit as Red Sea Crisis Impact Wanes

The container shipping industry recorded a net profit of $9.9 billion in the first quarter of 2025, marking a significant decrease from previous quarters while still maintaining historically strong performance....