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Drones Over the Jersey Shore? Congressman Claims Iran Mothership is Lurking Off U.S. Coast
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December 11, 2024
From 
Mike Schuler
 via 
gCaptain

Drones Over the Jersey Shore? Congressman Claims Iran Mothership is Lurking Off U.S. Coast

Congressman Jeff VanDrew of New Jersey claims Iran has positioned a drone mothership off the U.S. East Coast, allegedly responsible for recent mysterious drone activities in the region. The assertion...
Yellen: Soft Oil Market Opens Door to Squeeze Russia Further
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December 11, 2024
From 
Reuters
 via 
gCaptain

Yellen: Soft Oil Market Opens Door to Squeeze Russia Further

The United States is continuing to look for creative ways to reduce Russia's oil revenue and lower global demand for oil creates an opportunity for more sanctions, Treasury Secretary Janet Yellen said on Wednesday.
Kawasaki Heavy Suspends Plan to Use Hydrogen From Aussie Coal
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December 11, 2024
From 
Reuters
 via 
gCaptain

Kawasaki Heavy Suspends Plan to Use Hydrogen From Aussie Coal

Kawasaki Heavy Industries has revised its Japan-Australia hydrogen supply chain demonstration project, suspending plans to use hydrogen derived from Australian brown coal and shrinking the size of the ships to be used.
Trump Trade War to Hurt US Farmers More as China Turns to Brazil
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December 11, 2024
From 
Bloomberg
 via 
gCaptain

Trump Trade War to Hurt US Farmers More as China Turns to Brazil

Donald Trump’s first trade war hurt American soybean farmers to the tune of $11 billion. A sequel is set to be even worse.
QatarEnergy Seals Historic LNG Fleet Expansion
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December 11, 2024
From 
Mike Schuler
 via 
gCaptain

QatarEnergy Seals Historic LNG Fleet Expansion

QatarEnergy has reached a significant milestone by awarding its final batch of vessel contracts to a Japanese-Chinese partnership between Mitsui O.S.K Lines (MOL) and COSCO Shipping LNG Investment (Shanghai) Co....
LNG Export Terminals Await Environmental Reviews as Trump Plans Energy Push
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December 10, 2024
From 
Reuters
 via 
gCaptain

LNG Export Terminals Await Environmental Reviews as Trump Plans Energy Push

The U.S. Department of Energy said on Tuesday it is not able to complete reviews of two planned liquefied natural gas export terminals in Louisiana until an independent regulatory body finishes its environmental assessments of the projects.
Car Carrier Bull Market Seems to Be Fading
Shipping
December 10, 2024
From 
Bloomberg
 via 
gCaptain

Car Carrier Bull Market Seems to Be Fading

Since the pandemic, earnings for ships that move cars across the oceans have soared to record levels, fueled by booming global trade in vehicles. The rally is starting to fade.
Maersk: Lunar New Year, Labor Disputes, and Port Congestion Challenge European Shipping Market in 2025
Shipping
December 9, 2024
From 
Mike Schuler
 via 
gCaptain

Maersk: Lunar New Year, Labor Disputes, and Port Congestion Challenge European Shipping Market in 2025

The early months of 2025 will present unique challenges and opportunities for the shipping industry. The Lunar New Year, beginning January 29, 2025, is expected to impact global shipping patterns,...
FMC Halts Premier Alliance Rollout Over Competitive Concerns
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December 9, 2024
From 
The Loadstar
 via 
gCaptain

FMC Halts Premier Alliance Rollout Over Competitive Concerns

The US Federal Maritime Commission (FMC) has issued a request for more information from ONE, HMM and Yang Ming on their proposed Premier Alliance.
FMC Closes Great Lakes Ballast Water Investigation as Canadian Exemptions Ease Concerns
Shipping
December 9, 2024
From 
Mike Schuler
 via 
gCaptain

FMC Closes Great Lakes Ballast Water Investigation as Canadian Exemptions Ease Concerns

The Federal Maritime Commission (FMC) has concluded one of its two investigations into Canadian ballast water regulations affecting Great Lakes shipping, marking a significant development in U.S.-Canada maritime relations. The...
Arctic Shipping Sets New Records With Hundred Transit Voyages Carrying 3m Tonnes of Cargo in 2024
Shipping
December 9, 2024
From 
Malte Humpert
 via 
gCaptain

Arctic Shipping Sets New Records With Hundred Transit Voyages Carrying 3m Tonnes of Cargo in 2024

A tanker hauling Russian crude from the Baltic Sea to India that was observed heading toward the Shetland Islands — a route that would have taken it on a detour around the northern tip of the UK — made a sudden turn and instead took a more-typical journey through the English Channel.
Dominican Republic Port Seizes Record 9.5 Tons Of Cocaine
Shipping
December 7, 2024
From 
Reuters
 via 
gCaptain

Dominican Republic Port Seizes Record 9.5 Tons Of Cocaine

SANTO DOMINGO, Dec 6 (Reuters) – The Dominican Republic on Friday reported its largest ever cocaine seizure, saying it found some 9.5 metric tons of cocaine hidden in a banana shipment that...