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Shipping
Articles
From
Reuters
via
gCaptain
MOL Left in The Cold: Sanctions Jeopardize Arctic LNG 2 Tanker Charters
TOKYO, Oct 31 (Reuters) – Japan’s Mitsui O.S.K. Lines (MOL) may be unable to deliver tankers for Russia’s sanctions-hit Arctic LNG 2 project, it said on Thursday, in a blow to the plant that only...
From
Mike Schuler
via
gCaptain
Maersk Rides Wave of Strong Demand and Red Sea Disruptions
A.P. Moller – Maersk, the global shipping giant, has reported strong third-quarter performance, driven by strong container market demand and ongoing instability in the Red Sea. On Thursday, the company...
From
Malte Humpert
via
gCaptain
U.S. Cracks Down on Russian ‘Shadow Fleet’ and Arctic LNG Project in Latest Sanctions
The U.S. continues its effort to freeze Russia’s burgeoning Arctic LNG sector. In a new round of sanctions the State Department targeted transport and shipping companies providing services to the...
From
Ira Breskin
via
gCaptain
Cold Storage Boom: North American Ports Embrace Reefer Revolution
By Ira Breskin BOSTON — The refrigerated cargo/reefer business has emerged as an unexpected port and terminal industry “super star,” speakers said this week here at the annual meeting of...
From
Bloomberg
via
gCaptain
Sanctioned Russian LNG Tankers Frozen Out as West Tightens Grip
By Anna Shiryaevskaya (Bloomberg) — Tankers carrying sanctioned liquefied natural gas from Russia are gathering off the country’s far eastern coast, a sign of the difficulties in finding buyers in the...
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,...