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Cyprus Giants Unite: InterMaritime Shipmanagement Launches with Over 170 Vessels
Shipping
November 7, 2024
From 
Mike Schuler
 via 
gCaptain

Cyprus Giants Unite: InterMaritime Shipmanagement Launches with Over 170 Vessels

Cyprus-based Intership Navigation and Interorient Shipmanagement have announced a monumental merger of their ship management activities, including Intership’s sister company Donnelly Tanker Management. Cyprus is a major hub for shipowning,...
Trump’s Tariff Plan: What It Could Mean for U.S. Farmers and China
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November 7, 2024
From 
Reuters
 via 
gCaptain

Trump’s Tariff Plan: What It Could Mean for U.S. Farmers and China

By Mei Mei Chu BEIJING, Nov 7 (Reuters) – Chinese imports of U.S. farm goods, which have slowed since the trade war during Donald Trump’s first presidential term, could be hit again...
Could Trump’s Comeback Reshape the Future of Russia’s Flagship Arctic LNG 2 Project?
Shipping
November 7, 2024
From 
Mike Schuler
 via 
gCaptain

Could Trump’s Comeback Reshape the Future of Russia’s Flagship Arctic LNG 2 Project?

As U.S.-Russia Relations Hang in the Balance, Could Trump Shift the Course of Arctic LNG 2? The geopolitical landscape surrounding Russia’s flagship Arctic LNG 2 project could face significant shifts...
Biden Climate Study Could Sabotage Trump’s Fast-Tracking of LNG Exports
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November 7, 2024
From 
Bloomberg
 via 
gCaptain

Biden Climate Study Could Sabotage Trump’s Fast-Tracking of LNG Exports

By Ari Natter and Ruth Liao (Bloomberg) — The Biden administration is racing to complete a study that could complicate President-Elect Donald Trump’s plan to immediately approve new liquefied natural gas...
Further Challenges Ahead for Russia’s LNG ‘Shadow Fleet’ as Panama Cancels Vessel Registrations
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November 7, 2024
From 
Malte Humpert
 via 
gCaptain

Further Challenges Ahead for Russia’s LNG ‘Shadow Fleet’ as Panama Cancels Vessel Registrations

By Malte Humpert (gCaptain) – Russia’s nascent LNG shadow fleet continues to encounter choppy waters. Following the de-flagging of several vessels by the island nation of Palau earlier this fall,...
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
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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
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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
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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...