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Mixed Bag for Shipping Stocks as Investors Weigh Trump Win
Shipping
November 6, 2024
From 
Mike Schuler
 via 
gCaptain

Mixed Bag for Shipping Stocks as Investors Weigh Trump Win

U.S.-listed shipping stocks were a mixed bag on Wednesday following President Donald Trump’s re-election as investors responded to anticipated policy changes that could reshape the landscape of energy, trade, and...
Panama Pulls Flag on Sanctioned LNG Carriers in Crackdown on Russia’s Shadow Fleet
Shipping
November 6, 2024
From 
Mike Schuler
 via 
gCaptain

Panama Pulls Flag on Sanctioned LNG Carriers in Crackdown on Russia’s Shadow Fleet

In response to recent U.S. sanctions, the Panama Maritime Authority (PMA) has initiated the process to deregister four LNG carriers linked to Russian gas producer Novatek. This move targets the...
U.S. Suppliers, Importers Prepare for Promised Trump Tariffs
Shipping
November 6, 2024
From 
Reuters
 via 
gCaptain

U.S. Suppliers, Importers Prepare for Promised Trump Tariffs

By Lisa Baertlein, David Kirton LOS ANGELES, Nov 6 (Reuters) – Some U.S. businesses are activating plans to protect their businesses from President-elect Donald Trump’s promise to slap new and potentially hefty tariffs on...
Ukraine Says Drone Strike Hits Port in First Caspian Sea Attack
Shipping
November 6, 2024
From 
Bloomberg
 via 
gCaptain

Ukraine Says Drone Strike Hits Port in First Caspian Sea Attack

(Bloomberg) — Ukraine said a drone strike hit a naval base in a port city on Russia’s Caspian Sea coast, in Kyiv’s first-ever attack on a target in the region...
NRF Warns Trump Tariffs Could Slash Consumer Spending Power by Billions
Shipping
November 6, 2024
From 
Mike Schuler
 via 
gCaptain

NRF Warns Trump Tariffs Could Slash Consumer Spending Power by Billions

A newly released study by the National Retail Federation (NRF) paints a stark picture for American consumers: if President-elect Donald Trump’s proposed tariffs on imported goods take effect, consumers could...
Trump Could Harden Iran Oil Stand But Raise China Ire
Shipping
November 6, 2024
From 
Reuters
 via 
gCaptain

Trump Could Harden Iran Oil Stand But Raise China Ire

WASHINGTON, Nov 6 (Reuters) – Former President Donald Trump’s return to the White House could mean tougher enforcement of U.S. oil sanctions against Iran, potentially trimming global supplies, but could also carry geopolitical risks including raising the ire...
Red Sea Crisis Pushes Idle Containership Fleet to Record Low as Global Demand Soars
Shipping
November 6, 2024
From 
Mike Schuler
 via 
gCaptain

Red Sea Crisis Pushes Idle Containership Fleet to Record Low as Global Demand Soars

As geopolitical turmoil in the Red Sea disrupts traditional shipping routes, the global container fleet has hit a record low in commercially idle capacity, according to data from Alphaliner. With...
Viral Video of OOCL Containership’s Wild Ride Resurfaces, Highlighting the Dangers of Parametric Rolling
Shipping
November 5, 2024
From 
Mike Schuler
 via 
gCaptain

Viral Video of OOCL Containership’s Wild Ride Resurfaces, Highlighting the Dangers of Parametric Rolling

An intense clip of an OOCL containership battling rough seas has resurfaced on social media, captivating viewers—and for good reason. This dramatic footage, filmed from a nearby vessel, captures the...
Shanghai Port Steps Up with a Green Plan to Rival Singapore’s Bunkering Empire
Shipping
November 5, 2024
From 
Bloomberg
 via 
gCaptain

Shanghai Port Steps Up with a Green Plan to Rival Singapore’s Bunkering Empire

(Bloomberg) — The government in Shanghai wants to convert the world’s busiest port into a center for greener shipping. China’s biggest city aims to build its capacity to supply cleaner...
Shell Game on the High Seas: U.S. Busts Turkish National in Venezuela Oil Smuggling Ring
Shipping
November 5, 2024
From 
Mike Schuler
 via 
gCaptain

Shell Game on the High Seas: U.S. Busts Turkish National in Venezuela Oil Smuggling Ring

A 37-year-old Turkish national has been apprehended in Miami on charges of conspiring to violate U.S. sanctions on Venezuela and the Maduro regime. The arrest sheds light on an intricate...
Russia’s Oil Fleet and the Floating Armories That Help Keep Profits Flowing
Shipping
November 5, 2024
From 
Bloomberg
 via 
gCaptain

Russia’s Oil Fleet and the Floating Armories That Help Keep Profits Flowing

By Alberto Nardelli, Aine Quinn, Ben Bartenstein and Jonathan Browning (Bloomberg) Somewhere off the coast of Eritrea on July 20th last year, the Vernadsky Prospect — stocked with 730,000 barrels...
U.S. Sanctions Fail to Stop Chinese Power Plant, Delivery Salvages Next Stage of Russian Arctic LNG Plant
Shipping
November 5, 2024
From 
Malte Humpert
 via 
gCaptain

U.S. Sanctions Fail to Stop Chinese Power Plant, Delivery Salvages Next Stage of Russian Arctic LNG Plant

By Malte Humpert (gCaptain) –  Russia has taken a major step towards commissioning the second production line of the country’s flagship liquefied natural gas project, Arctic LNG 2. Despite ongoing...