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Higher Fences for Trade Will Mean More Debt And Slower Growth
Shipping
October 8, 2024
From 
Bloomberg
 via 
gCaptain

Higher Fences for Trade Will Mean More Debt And Slower Growth

(Bloomberg Markets) — A hot war in Ukraine, a trade war between China and the US, and Donald Trump’s threat of sweeping tariff increases raise the prospect of an accelerated...
Ukraine Says Russian Missile Hits Second Grain Ship
Shipping
October 7, 2024
From 
Bloomberg
 via 
gCaptain

Ukraine Says Russian Missile Hits Second Grain Ship

By Kateryna Chursina, Olesia Safronova and Aliaksandr Kudrytski (Bloomberg) — Russia targeted a ship loaded with Ukrainian grain with a ballistic missile Monday — the second in two days — killing...
South Africa Launches Another Search for Lost Containers
Shipping
October 7, 2024
From 
Mike Schuler
 via 
gCaptain

South Africa Launches Another Search for Lost Containers

The South African Maritime Safety Authority (SAMSA) has initiated a search operation for five empty containers lost overboard by the MV MSC Taranto, a Mediterranean Shipping Company containership, off the...
Ukraine Says Russia Missile Hit Ship Loaded With Corn for Export
Shipping
October 7, 2024
From 
Bloomberg
 via 
gCaptain

Ukraine Says Russia Missile Hit Ship Loaded With Corn for Export

(Bloomberg) — A bulker loaded with Ukrainian grain for export was damaged during a Russian missile barrage in Odesa region over the weekend, according to the Infrastructure Ministry in Kyiv. ...
IMO’s MEPC 82 Advances Net-Zero Framework for Shipping
Shipping
October 6, 2024
From 
Mike Schuler
 via 
gCaptain

IMO’s MEPC 82 Advances Net-Zero Framework for Shipping

The International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) is making strides towards reducing greenhouse gas (GHG) emissions in the shipping industry. The 82nd session of MEPC, held last...
Maersk Expects Ship Regulator To Approve Global CO2 Levy In 2025
Shipping
October 5, 2024
From 
Bloomberg
 via 
gCaptain

Maersk Expects Ship Regulator To Approve Global CO2 Levy In 2025

By Jack Wittels Oct 4, 2024 (Bloomberg) –Shipping giant A.P. Moller-Maersk A/S expects the industry’s global regulator next year to approve a charge on vessels’ greenhouse gas emissions. At International Maritime...
Chinese Vessels Race to Deliver Power Plant To Sanctioned Arctic LNG Project Before Winter
Shipping
October 5, 2024
From 
Malte Humpert
 via 
gCaptain

Chinese Vessels Race to Deliver Power Plant To Sanctioned Arctic LNG Project Before Winter

By Malte Humpert (gCaptain) – A small fleet of Chinese cargo has set out from shipyards near Shanghai attempting to deliver a critically-needed power plant to Russia’s Arctic before winter....
U.S. Forces Strike 15 Houthi Targets in Yemen
Shipping
October 4, 2024
From 
Mike Schuler
 via 
gCaptain

U.S. Forces Strike 15 Houthi Targets in Yemen

U.S. Central Command (CENTCOM) forces on Friday conducted strikes on 15 Houthi targets in Houthi-controlled areas of Yemen. The operation, taking place at approximately 5 p.m. Sanaa time targeted Houthi...
California Governor Vetoes Maritime Safety Bill, Sparking Industry Concern
Shipping
October 4, 2024
From 
Mike Schuler
 via 
gCaptain

California Governor Vetoes Maritime Safety Bill, Sparking Industry Concern

California Governor Gavin Newsom has vetoed Assembly Bill 1122, a piece of legislation aimed at enhancing maritime safety and port efficiency in the state. The bill, which passed almost unanimously...
Early Winter Ice Halts Arctic Shipping Traffic Weeks Ahead of Schedule
Shipping
October 4, 2024
From 
Malte Humpert
 via 
gCaptain

Early Winter Ice Halts Arctic Shipping Traffic Weeks Ahead of Schedule

By Malte Humpert (gCaptain) – The summer shipping window on Russia’s Northern Sea Route is coming to a rapid close weeks ahead of schedule. A number of vessels and convoys...
US Port Strike Throws Spotlight on Big Union Foe: Automation
Shipping
October 4, 2024
From 
Reuters
 via 
gCaptain

US Port Strike Throws Spotlight on Big Union Foe: Automation

NEW YORK, Oct 4 (Reuters) – A strike by dockworkers on the U.S. East Coast and Gulf Coast that disrupted much of the nation’s ocean shipping this week ended on Thursday, but a key issue...
U.S. Port Strike Leaves Cargo Backlog in Its Wake
Shipping
October 4, 2024
From 
Reuters
 via 
gCaptain

U.S. Port Strike Leaves Cargo Backlog in Its Wake

Oct 4 (Reuters) – U.S. East Coast and Gulf Coast ports were reopened on Friday after dockworkers and port operators reached a wage deal to settle the industry’s biggest work stoppage in nearly half a...