Shipping
Articles

From
Mike Schuler
via
gCaptain
USTR’s $1.5M Port Fee Proposal on Chinese Ships Sparks Industry Confusion Over Critical Definitions
A new U.S. Trade Representative proposal targeting Chinese maritime operations with substantial port fees has sparked significant concerns within the shipping industry due to ambiguous definitions that could create widespread...

From
Mike Schuler
via
gCaptain
Photos: CMA CGM’s First Dual-Fuel Methanol Containership Arrives in Singapore
French shipping giant CMA CGM has marked a significant milestone in maritime decarbonization with its first dual-fuel methanol vessel, CMA CGM IRON, making its maiden call at the Port of...

From
Mike Schuler
via
gCaptain
CMB.TECH Acquires Major Stake in Golden Ocean from John Fredriksen
CMB.TECH has announced the acquisition of an approximately 40.8% stake in Golden Ocean Group Limited from John Fredriksen’s Hemen Holding Limited. The deal involves 81,363,730 shares of the dry bulk...

From
Mike Schuler
via
gCaptain
OFAC Sanctions Reveal Houthis Coordinated Safe Passage for Russian and Chinese Ships Through Red Sea
New sanctions by the U.S. Treasury’s Office of Foreign Assets Control (OFAC) have revealed that Houthi leaders actively coordinated with Russian and Chinese officials to ensure their vessels would not...

From
Mike Schuler
via
gCaptain
Tankers: Canada’s Crude Exports Surge as US Implements New Tariffs
Canadian crude tanker exports have skyrocketed by 59% year-to-date, reaching 618 thousand barrels per day (kbpd), up from 388 kbpd during the same period last year, according to shipping association...

From
Bloomberg
via
gCaptain
Goldman Wins Rare Solo Role on Blockbuster $19 Billion Port Deal
One of the biggest infrastructure deals in recent years has a clear winner on Wall Street: Goldman Sachs Group Inc.

From
Bloomberg
via
gCaptain
The Art of the Canal Deal: How BlackRock Brokered Trump Win in Panama
BlackRock said it agreed to buy the two ports in Panama and more than 40 others around the world from CK Hutchison Holdings Ltd., the sprawling conglomerate controlled by the Li family, one of Asia’s richest clans.

From
Bloomberg
via
gCaptain
Tariff ‘Earthquake’ Sends Shipping Executives Into Crisis Mode
Global shipping executives gathered this week in Long Beach, California, for a major annual conference, expecting to discuss market trends and supply chain challenges.

From
Reuters
via
gCaptain
Trump Hails ‘Reclaiming’ of Panama Canal After BlackRock-led Group’s Deal to Buy Stake
U.S. President Donald Trump has hailed a deal led by U.S. firm BlackRock to buy most of the $22.8 billion ports business of Hong Kong conglomerate CK Hutchison which includes assets along the Panama Canal.

From
Mike Schuler
via
gCaptain
Trump Orders New White House Shipbuilding Office Amid Rising China Maritime Dominance
President Donald Trump announced the creation of a new White House office of shipbuilding and tax incentives for domestic shipbuilders during his joint address to Congress. “I am announcing tonight...

From
Mike Schuler
via
gCaptain
CK Hutchison to Sell Panama Port Assets at Center of Geopolitical Storm
A BlackRock-led consortium has reached “in principle” agreements to acquire port assets owned by CK Hutchison Holdings Limited at the Panama Canal. The deal, valued at $22.8 billion, includes port...

From
Mike Schuler
via
gCaptain
World’s Largest Iceberg A23a Runs Aground Near South Georgia Island
The world’s largest and oldest iceberg, A23a, has run aground near South Georgia Island in the sub-Antarctic, according to confirmation from the British Antarctic Survey (BAS). This trillion-tonne ice giant,...