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MSC Makes History as First Container Line to Hit 900-Ship Fleet
Shipping
April 15, 2025
From 
Mike Schuler
 via 
gCaptain

MSC Makes History as First Container Line to Hit 900-Ship Fleet

Swiss-based Mediterranean Shipping Company (MSC) has become the first global container carrier to operate a fleet of 900 vessels, according to Alphaliner. The liner industry analyst reports that MSC’s milestone...
Seafarers Officially Designated as Key Workers in Maritime Labour Convention Update
Shipping
April 15, 2025
From 
Mike Schuler
 via 
gCaptain

Seafarers Officially Designated as Key Workers in Maritime Labour Convention Update

The International Labour Organization (ILO) has adopted landmark amendments to the Maritime Labour Convention (MLC), officially designating seafarers as key workers, marking a transformative shift in maritime labor rights. Negotiators...
Trump’s China Ship Fees Set to Hit Global Shipping Giants
Shipping
April 15, 2025
From 
Bloomberg
 via 
gCaptain

Trump’s China Ship Fees Set to Hit Global Shipping Giants

(Bloomberg) — Container ships, the workhorses of global trade transporting almost 90% of the world’s manufactured goods, have become a target in Donald Trump’s conflict with China — and none...
Port of Long Beach Claims Top Spot as U.S. Ports Brace for Trade War Hit
Shipping
April 14, 2025
From 
Mike Schuler
 via 
gCaptain

Port of Long Beach Claims Top Spot as U.S. Ports Brace for Trade War Hit

The Port of Long Beach has emerged as America’s busiest container port in the first quarter of 2025, achieving record-breaking cargo volumes ahead of what could be a dramatic downturn...
Maritime Labor Reforms Set to Transform Seafarer Rights by 2027
Shipping
April 14, 2025
From 
Mike Schuler
 via 
gCaptain

Maritime Labor Reforms Set to Transform Seafarer Rights by 2027

The International Labour Organization (ILO) on Friday approved groundbreaking updates to the Maritime Labour Convention (MLC), marking a significant victory for seafarer rights and working conditions. The comprehensive reforms, negotiated...
NYK to Merge Three Bulk Units Into New 91-Ship Entity
Shipping
April 14, 2025
From 
Mike Schuler
 via 
gCaptain

NYK to Merge Three Bulk Units Into New 91-Ship Entity

Three NYK Group shipping companies are set to merge into a new entity called NYK Bulkship Partners Co., Ltd. The integration, scheduled for January 2026, will combine the operations of...
MSC Founder Emerges as Key Player in $19B Global Ports Deal
Shipping
April 14, 2025
From 
Bloomberg
 via 
gCaptain

MSC Founder Emerges as Key Player in $19B Global Ports Deal

Gianluigi Aponte, the secretive Italian billionaire who founded MSC Mediterranean Shipping Co SA, has emerged as a powerful broker in a $19 billion port deal with Hong Kong tycoon Li Ka-shing.
Crowley Launches First of Four LNG-Powered Containerships
Shipping
April 14, 2025
From 
Mike Schuler
 via 
gCaptain

Crowley Launches First of Four LNG-Powered Containerships

U.S.-based Crowley Maritime Corporation has marked a significant milestone in sustainable shipping with the successful launch of its newest LNG-powered containership, Quetzal, which began its maiden commercial voyage on April 11-12...
China’s March Exports Jump in Temporary Boost as Trump 2.0 Heaps Pressure
Shipping
April 14, 2025
From 
Reuters
 via 
gCaptain

China’s March Exports Jump in Temporary Boost as Trump 2.0 Heaps Pressure

China's exports rose sharply in March after factories rushed out shipments before the latest U.S. tariffs took effect, but an escalating Sino-U.S. trade war has darkened the outlook for factories and growth in the world's second-biggest economy.
Trump’s Tangled Tariffs Sow Confusion as Negotiators Line Up
Shipping
April 14, 2025
From 
Bloomberg
 via 
gCaptain

Trump’s Tangled Tariffs Sow Confusion as Negotiators Line Up

President Donald Trump’s tariff exclusions for smartphones and other tech products have added to a growing set of confusing signals for companies and trading partners digesting how to engage a White House still promising to negotiate dozens of new deals in America’s favor.
Five Below Falls As US-China Trade War Spurs Canceled Orders
Shipping
April 13, 2025
From 
Bloomberg
 via 
gCaptain

Five Below Falls As US-China Trade War Spurs Canceled Orders

By Reshmi Basu and Carrington York Apr 11, 2025 (Bloomberg) –Five Below Inc. shares dropped on Friday after the retailer asked vendors to turn away products waiting for shipment in China...
Russian Oil Shipments Shift To Western Tankers As Prices Slump
Shipping
April 12, 2025
From 
Bloomberg
 via 
gCaptain

Russian Oil Shipments Shift To Western Tankers As Prices Slump

By Julian Lee and Lucia Kassai Apr 11, 2025 (Bloomberg) –A slump in oil prices is allowing Russia’s crude to be carried on tankers owned and insured by western companies, helping...