Shipping
Articles

From
Bloomberg
via
gCaptain
Blacklisted Tanker Avoids English Channel as UK Expands Sanctions Enforcement
A tanker hauling Russian crude from the Baltic Sea to India is taking an unusually long route around the UK, just as Britain expands sanctions against Russia’s energy industry.

From
Mike Schuler
via
gCaptain
U.S. Imposes Sweeping Sanctions on Shadow Fleet Moving Iranian Oil
The United States has imposed sanctions on 35 entities and vessels involved in transporting Iranian oil to international markets, as part of a major crackdown on Iran’s petroleum trade network....

From
Reuters
via
gCaptain
China Bans Export of Key Minerals to U.S. as Trade Frictions Escalate
China has banned exports to the United States of items related to the minerals gallium, germanium and antimony that have potential military applications, it said on Tuesday, a day after Washington's latest crackdown on China's chip sector.

From
Mike Schuler
via
gCaptain
Global Supply Chain Leaders Grapple with Rising Tariffs, Survey Reveals
Nearly half of supply chain leaders have identified rising tariffs and trade barriers as their primary concern heading into 2025. The 2024 Supply Chain Intelligence Report, conducted by Descartes Systems...
From
Mike Schuler
via
gCaptain
LNG Dominates Alternative Fuel Vessel Orders as Methanol Demand Wanes
LNG is remaining the dominant choice for alternative-fueled vessel orders in late 2024, accounting for 23 of the 27 new orders placed in November, according to new figures from international...

From
Bloomberg
via
gCaptain
Panama Purging Sanctioned Ships in Flag Registry Crackdown
Panama is canceling the registration of six ships sailing under its flag that were sanctioned by the UK last week, a boost for Western nations that have slapped sanctions on Moscow’s oil exports.

From
Reuters
via
gCaptain
Hapag-Lloyd Expects Lower Profitability in Fourth Quarter
Hapag-Lloyd expects lower profitability in the fourth quarter but still at a "good level", after freight rates peaked in the third quarter, Rolf Habben Jansen, the CEO of the German shipping company, said at a press conference on Monday.

From
Mike Schuler
via
gCaptain
Maersk Orders 20 Dual-Fuel Containerships in Major Fleet Renewal Push
A.P. Moller-Maersk has finalized agreements for 20 new dual-fuel container vessels as part of its ambitious fleet modernization strategy, marking a significant step in the shipping giant’s decarbonization efforts. The...

From
Reuters
via
gCaptain
Threatened by Climate Change, Panama Canal Has Big Plans to Deal With Drought
The lush river valleys of El Zaino y La Arenosa in western Panama, home to hundreds of families that eke out a living farming, fishing and raising cattle, could soon be submerged by a massive man-made reservoir designed to ensure the viability of the Panama Canal in the face of a changing climate.

From
Mike Schuler
via
gCaptain
Panama Cancels Ship Registrations After UK’s Shadow Fleet Crackdown
The Panama Maritime Authority (PMA) has launched expedited cancellation procedures for six Panamanian-flagged vessels recently targeted by UK sanctions. The action follows the ships’ addition to the United Kingdom’s Consolidated...

From
Mike Schuler
via
gCaptain
Hapag-Lloyd Secures Green Methanol Supply for Retrofitted Containerships
Hapag-Lloyd has secured a major agreement with Beijing-based clean energy provider Goldwind for the annual supply of 250,000 tonnes of green methanol. The deal marks a crucial step in the...

From
Mike Schuler
via
gCaptain
UK Expands Emissions Trading Scheme to Maritime Sector
The UK is expanding its Emissions Trading Scheme (ETS) to include maritime emissions, marking a transformative step for the shipping industry’s environmental accountability. The expansion will require vessels operating domestic...