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Ship New to Russia Oil Trade Docks at Port Shaken by Sanctions
Shipping
February 3, 2025
From 
Bloomberg
 via 
gCaptain

Ship New to Russia Oil Trade Docks at Port Shaken by Sanctions

A tanker new to the Russian oil trade docked at the Pacific port of Kozmino over the weekend, as merchants seek to rebuild disrupted supply chains following broad US sanctions last month.
Alternative-Fueled Vessel Orders Show Strong Momentum in Maritime Industry, DNV Reports
Shipping
February 3, 2025
From 
Mike Schuler
 via 
gCaptain

Alternative-Fueled Vessel Orders Show Strong Momentum in Maritime Industry, DNV Reports

The maritime industry continues its steady shift toward alternative fuels, with 12 new orders for alternative-fuelled vessels placed in January 2025, all in the container segment, according to DNV's Alternative Fuels Insight (AFI) platform.
Trump’s Trade War Redux Provokes Sharp Industry Response, While China ‘Breathes Sigh of Relief’
Shipping
February 3, 2025
From 
The Loadstar
 via 
gCaptain

Trump’s Trade War Redux Provokes Sharp Industry Response, While China ‘Breathes Sigh of Relief’

Warnings of recession greeted the imposition of sweeping tariffs against the US’s three biggest trading partners on Saturday.
Rubio Calls Chinese Presence at Panama Canal ‘Unacceptable’
Shipping
February 2, 2025
From 
Bloomberg
 via 
gCaptain

Rubio Calls Chinese Presence at Panama Canal ‘Unacceptable’

By Simon Lewis and Elida Moreno PANAMA CITY, Feb 2 (Reuters) – U.S. Secretary of State Marco Rubio on Sunday warned Panama’s President Jose Raul Mulino that Washington will “take measures necessary”...
Rubio In Panama For Canal, Migration Talks
Shipping
February 2, 2025
From 
Reuters
 via 
gCaptain

Rubio In Panama For Canal, Migration Talks

By Simon Lewis PANAMA CITY, Feb 2 (Reuters) – The top diplomat in President Donald Trump’s administration, Marco Rubio, began his first foreign visit on Sunday, meeting Panamanian President Jose Raul Mulino to...
Trump’s Oil Tariffs A Boost For European And Asian Refiners
Shipping
February 2, 2025
From 
Reuters
 via 
gCaptain

Trump’s Oil Tariffs A Boost For European And Asian Refiners

By Robert Harvey and Georgina McCartney LONDON/HOUSTON, Feb 1 (Reuters) – U.S. President Donald Trump’s trade tariffs on Canadian and Mexican oil imports will offer European and Asian refineries a competitive advantage...
Suez Canal Authority Says Stability Returning To Red Sea
Shipping
February 1, 2025
From 
Reuters
 via 
gCaptain

Suez Canal Authority Says Stability Returning To Red Sea

CAIRO, Jan 31 (Reuters) – Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to the Red Sea, and urged the company to...
Trump Vows Tariffs to Hit Saturday With More in Coming Months
Shipping
January 31, 2025
From 
Bloomberg
 via 
gCaptain

Trump Vows Tariffs to Hit Saturday With More in Coming Months

President Donald Trump said he would impose tariffs on a wide range of imports, including oil and metals, in the coming months, expanding his plans to enact sweeping trade levies well beyond those set to hit China, Canada and Mexico on Saturday.
Ocean Freight Rates Expected to Drop as Middle East Ceasefire Takes Effect
Shipping
January 31, 2025
From 
Mike Schuler
 via 
gCaptain

Ocean Freight Rates Expected to Drop as Middle East Ceasefire Takes Effect

Ocean container freight rates are set to decline further in February, influenced by the Middle East ceasefire and Lunar New Year slowdown, despite carriers’ attempts to manage capacity. According to...
Maersk and Hapag-Lloyd Launch Gemini Cooperation, Reshaping Global Container Shipping
Shipping
January 31, 2025
From 
Mike Schuler
 via 
gCaptain

Maersk and Hapag-Lloyd Launch Gemini Cooperation, Reshaping Global Container Shipping

The container shipping industry faces major changes as Maersk and Hapag-Lloyd launch their Gemini Cooperation on Saturday, February 1, 2025. This new partnership aims to deliver industry-leading reliability of over...
Container Spot Rates Slip as Lunar New Year Lull Kicks In
Shipping
January 31, 2025
From 
The Loadstar
 via 
gCaptain

Container Spot Rates Slip as Lunar New Year Lull Kicks In

Despite the muted trading activity since China’s new year holiday began this week, spot rates on most major east-west ocean trades continued to show slight declines.
Second Ship Seized in Baltic Sea Cable Damage Investigation
Shipping
January 31, 2025
From 
Reuters
 via 
gCaptain

Second Ship Seized in Baltic Sea Cable Damage Investigation

Norwegian police said on Friday they had seized and boarded a Norwegian ship with an all-Russian crew on suspicion of involvement in causing damage to a telecoms cable in the Baltic Sea, the second vessel to be named by investigators in the case.