Shipping
Articles

From
Barry Parker
via
gCaptain
Why STNG’s Wager on DHT Could Signal a Tanker Market Rebound
By Barry Parker (gCaptain) – In recent months, the froth has come off the prices of tanker shares. In the highly cyclical world of shipping stocks, when this happens companies...

From
Reuters
via
gCaptain
Trump’s China Tariff Plan Could Threaten U.S. LNG Export Boom
HOUSTON, Oct 30 (Reuters) – U.S. exporters of liquefied natural gas (LNG) could face new hurdles if Republican Donald Trump wins the presidential election because of a proposed 60% tariff on imports...

From
Mike Schuler
via
gCaptain
Cargo Ship at Center of International Controversy Over Explosives Shipment to Israel
The German cargo ship MV Kathrin has become the center of a legal battle and global controversy, highlighting the complex interplay of international law, maritime shipping, and geopolitical tensions. The...

From
Bloomberg
via
gCaptain
Europe’s Ailing Diesel Demand to See Boost From New Rule on Shipping Pollution
(Bloomberg) — A new rule aimed at cutting pollution from shipping in the Mediterranean is set to help prop up Europe’s ailing diesel demand. The regulation will result in an increase of...

From
John Konrad
via
gCaptain
MIT Diplomas, Gala Dinners And Executive Magazine Covers Won’t Save The U.S. Merchant Marine
Why aren’t labor leaders willing to fight for our survival in increasingly dangerous seas? by Captain John Konrad (gCaptain OpEd) Adam Vocak, president of the Marine Engineers’ Beneficial Association (MEBA),...

From
John Konrad
via
gCaptain
MIT Diplomas, Gala Dinners And Executive Magazine Covers Won’t Save The U.S. Merchant Marine
During this time of the year there are countless self-congratulatory Gala Diners awarding leaders of a failing domestic industry that’s under attack not only in DC but from Houthi missiles...

From
Mike Schuler
via
gCaptain
Scorpio Tankers Expands into VLCC Sector with DHT Holdings Investment
Scorpio Tankers Inc. (NYSE: STNG) has announced a strategic investment in DHT Holdings Inc. (NYSE: DHT), a leading player in the crude tanker market. During the third quarter of 2024,...

From
Mike Schuler
via
gCaptain
Wallenius Wilhelmsen Inks $766M Green Transport Agreement with Major Equipment Manufacturer
Wallenius Wilhelmsen has inked a five-year agreement with a “leading manufacturer” of agriculture, forestry, and roadbuilding equipment. The deal, set to commence on December 1, 2024, is valued at approximately...

From
Bloomberg
via
gCaptain
Albania Seizes Smuggled Hazardous Waste Containers That Set Off Global Outcry
By K. Oanh Ha (Bloomberg) — Albanian prosecutors ordered that containers filled with suspected hazardous industrial waste be seized after the cargo was forced to return to Europe from Southeast Asia. The prosecutors’...

From
Mike Schuler
via
gCaptain
Mexico Rushes Oil Tanker to Cuba as Island’s Energy Crisis Worsens
By Marianna Parraga and Adriana Barrera HOUSTON/MEXICO CITY, Oct 28 (Reuters) – A tanker carrying about 400,000 barrels of oil departed from Mexico’s Pajaritos port and was on Monday en route to Cuba, where...

From
Mike Schuler
via
gCaptain
Merchant Vessel Targeted in Multiple Attacks in Bab-el-Mandeb Strait
A merchant vessel faced repeated attacks while transiting through the strategic Bab-el-Mandeb Strait on Monday, underscoring the continued maritime security risks in the region. The United Kingdom Maritime Trade Operations...

From
Mike Schuler
via
gCaptain
Mitsubishi’s New Satellite Tech Uses AI to Unmask ‘Dark Ships’ at Sea
Mitsubishi Heavy Industries (MHI) Group is set to deploy an innovative satellite system that combines cutting-edge artificial intelligence with space technology to combat the growing threat of “dark ships” on...