Shipping
Articles

From
Mike Schuler
via
gCaptain
Containership Transits of Suez Canal Hit 2024 High, But Big Ships Avoid the Route
The Suez Canal recorded its highest containership traffic for 2024 last week, with 54 vessels traversing the waterway in both directions, according to liner industry analyst Alphaliner. The milestone comes...

From
The Loadstar
via
gCaptain
Panama Land Bridge: Can It Solve the Canal’s Drought Woes?
Rising water levels have restored transits through the Panama Canal, but the canal authority is also looking into how a land bridge could move even more cargo across the isthmus.

From
Mike Schuler
via
gCaptain
Trade War 2.0? Trump Announces Tariffs on Top Trading Partners
President-elect Donald Trump vowed additional tariffs on Mexico, Canada and China, shaking markets with his first specific threats to the US’s top trading partners since his election win three weeks ago.

From
Mike Schuler
via
gCaptain
UK Cracks Down on Russia’s Shadow Fleet with Largest Sanctions Package to Date
The UK has sanctioned 30 vessels from Russia’s so-called “shadow fleet” representing a decisive move to curtail Russia’s ability to fund its war in Ukraine. These ships, responsible for transporting...

From
Reuters
via
gCaptain
Sixteen Missing After Tourist Boat Sinks off Egypt’s Red Sea Coast
Sixteen people including 12 foreign nationals are missing after a tourist boat sank off Egypt's Red Sea coast, the local government said on Monday.

From
Mike Schuler
via
gCaptain
Nation’s First Electric Hydrofoil Ferry Coming to Lake Tahoe
Lake Tahoe, the pristine alpine lake located in the Sierra Nevada mountain range, is poised to make maritime history with the introduction of the first electric hydrofoil ferry service in...

From
Bloomberg
via
gCaptain
Iran Braces for Trump Reset With Economy Buckling From Sanctions
When Donald Trump first entered the White House in 2017, Cyrus Razzaghi was running an Iranian business consultancy, advising US, Japanese and European companies about how to grab opportunities in a market emerging from years of economic isolation.

From
Bloomberg
via
gCaptain
KKR, Mitsui OSK Said Among Bidders in €1.5 Billion LBC Tank Sale
US private equity firm KKR & Co. and Japanese shipping company Mitsui OSK Lines Ltd. are among bidders for bulk liquid storage company LBC Tank Terminals, people with knowledge of the matter said.

From
Mike Schuler
via
gCaptain
China-Mexico Trade Hits Record Volumes, But Volatility Looms in 2025
The China-Mexico trade route has experienced unprecedented growth in 2024, with shipping volumes surging 18.9% in the first nine months compared to 2023, according to Oslo-based freight benchmarking and market...

From
Mike Schuler
via
gCaptain
U.S. Coast Guard Sounds Alarm on Cyber Threats from Chinese Port Cranes
The U.S. Coast Guard has issued a new cybersecurity directive targeting Chinese-manufactured ship-to-shore cranes, addressing mounting concerns over national security vulnerabilities in America’s maritime infrastructure. MARSEC Directive 105-5 establishes additional...

From
Reuters
via
gCaptain
Nut Allergy? Singapore and Rotterdam Ships Hit by Cashew-Related Failures
Several ships in Singapore and Rotterdam reported operational problems in recent months after using marine fuel blended with cashew nutshell liquid biofuel, fuel testing agency CTI-Maritec said in an advisory on Thursday.

From
The Loadstar
via
gCaptain
FAK Fantasy: Carriers Struggle to Keep Rates Afloat
Container spot rates were largely unchanged for a third consecutive week, as it became evident that a 15 November rate hike on Asia-Europe trades had failed to have anything more than a marginal impact on pricing.