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COP29 Spotlight: Höegh Autoliners and Fortescue Lead Call to Fast-Track Green Ammonia Fuel Adoption in Shipping
Shipping
November 12, 2024
From 
Mike Schuler
 via 
gCaptain

COP29 Spotlight: Höegh Autoliners and Fortescue Lead Call to Fast-Track Green Ammonia Fuel Adoption in Shipping

Norwegian shipping giant Höegh Autoliners and Australian green technology group Fortescue joined forces at COP29 in Baku, Azerbaijan, to urge global regulators to fast-track green ammonia as the marine fuel of choice to decarbonize the shipping industry.
Final Chinese Module Arrives at Russian Arctic LNG 2 Plant, As U.S. Snoozes on Sanctions Action
Shipping
November 12, 2024
From 
Malte Humpert
 via 
gCaptain

Final Chinese Module Arrives at Russian Arctic LNG 2 Plant, As U.S. Snoozes on Sanctions Action

By Malte Humpert (gCaptain) – China has successfully completed a two-month-long shipping operation to deliver a 650 MW power plant to the Russian Arctic. The final heavy lift vessel, Hunter...
How China’s Port Diplomacy is Redrawing South America’s Trade Routes
Shipping
November 11, 2024
From 
Mike Schuler
 via 
gCaptain

How China’s Port Diplomacy is Redrawing South America’s Trade Routes

By Marco Aquino and Eduardo Baptista LIMA/BEIJING, Nov 11 (Reuters) – In South American copper giant Peru, the incoming Donald Trump White House will find itself already on the losing side in a trade...
MSC’s Africa Global Logistics Sees $43 Million Spend in Namibia
Shipping
November 11, 2024
From 
Bloomberg
 via 
gCaptain

MSC’s Africa Global Logistics Sees $43 Million Spend in Namibia

(Bloomberg) — MSC Mediterranean Shipping Company SA’s Africa logistics unit will invest as much as €40 million ($43 million) in Namibia by 2030 to benefit from growing oil, gas and...
Wallenius Wilhelmsen Doubles Down on Record-Breaking RoRo Fleet
Shipping
November 11, 2024
From 
Mike Schuler
 via 
gCaptain

Wallenius Wilhelmsen Doubles Down on Record-Breaking RoRo Fleet

Oslo-based roll-on/roll-off (RoRo) shipping company Wallenius Wilhelmsen has exercised options for two additional 11,700 CEU Shaper class pure care and truck carriers (PCTCs) and plans to upsize two more already...
Triple Threat: U.S. Importers Brace for Tariffs, Strikes, and Rate Spikes This Lunar New Year
Shipping
November 11, 2024
From 
Lori Ann LaRocco
 via 
gCaptain

Triple Threat: U.S. Importers Brace for Tariffs, Strikes, and Rate Spikes This Lunar New Year

Logistics Will Navigate a Three Front Storm This Lunar New Year  By Lori Ann LaRocco (gCaptain) – U.S. companies importing their Spring season products will have to mitigate their exposures...
EU’s Von der Leyen Suggests US LNG Could Replace Russian Supply
Shipping
November 9, 2024
From 
Bloomberg
 via 
gCaptain

EU’s Von der Leyen Suggests US LNG Could Replace Russian Supply

By Anna Shiryaevskaya and Katharina Rosskopf Nov 8, 2024 (Bloomberg) —European Commission President Ursula von der Leyen has an idea for reducing the bloc’s consumption of Russian liquefied natural gas: import...
Asia Investors Chasing Trump Bets Zero In on Trade War Winners
Shipping
November 9, 2024
From 
Bloomberg
 via 
gCaptain

Asia Investors Chasing Trump Bets Zero In on Trade War Winners

By Abhishek Vishnoi and Georgina McKay (Bloomberg) – Investors across Asia have ramped up bets on potential winners from Donald Trump’s imminent return to the White House, fueling big jumps...
Panama Canal Could Double the Number of Containers Transiting, Says Chief
Shipping
November 9, 2024
From 
Reuters
 via 
gCaptain

Panama Canal Could Double the Number of Containers Transiting, Says Chief

By Marianna Parraga HOUSTON, Nov 8 (Reuters) – The Panama Canal Authority could double in coming years the number of containers that move through the commercial waterway that links the Pacific and...
CMA CGM’s Stellar Q3: Revenue Soars Amid Red Sea Rerouting and Market Resurgence
Shipping
November 8, 2024
From 
Mike Schuler
 via 
gCaptain

CMA CGM’s Stellar Q3: Revenue Soars Amid Red Sea Rerouting and Market Resurgence

French shipping giant CMA CGM has posted impressive third-quarter results for 2024, reporting $15.8 billion in revenue—a notable 38.5% increase from Q3 2023—driven by strong demand in shipping combined with...
Potential Trump Tariffs Spark Supply Chain Upheaval
Shipping
November 8, 2024
From 
Mike Schuler
 via 
gCaptain

Potential Trump Tariffs Spark Supply Chain Upheaval

With the specter of renewed Trump-era tariffs looming large over global supply chains, industries are already strategizing how to shield their supply chains from potential disruption. President-Elect Donald Trump has...
Asia-Europe Container Spot Rates Surge – What’s Fueling This Off-Season Spike?
Shipping
November 8, 2024
From 
The Loadstar
 via 
gCaptain

Asia-Europe Container Spot Rates Surge – What’s Fueling This Off-Season Spike?

By Gavin van Marle (The Loadstar) – Despite generally weak cargo demand, spot rates on the Asia-Europe trades continued to show gains this week, as carrier capacity management combined with port...