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Panama’s Leader Takes Up Feud With Trump Over Canal Control
Shipping
December 23, 2024
From 
Bloomberg
 via 
gCaptain

Panama’s Leader Takes Up Feud With Trump Over Canal Control

Panama’s president rebuffed Donald Trump’s threat to reimpose US control over the Panama Canal, saying its shipping tolls aren’t inflated and that sovereignty over the waterway isn’t negotiable.
Trump Demands Panama Canal Reform, Threatens Action Over “Exorbitant” Tolls
Shipping
December 22, 2024
From 
Mike Schuler
 via 
gCaptain

Trump Demands Panama Canal Reform, Threatens Action Over “Exorbitant” Tolls

President-elect Donald Trump has taken aim at Panama’s management of the Panama Canal, threatening potential action over what he calls “exorbitant” tolls and unfair treatment of U.S. interests. “The fees...
Monster Pacific Storm Unleashes Massive 65-Foot Waves
Shipping
December 21, 2024
From 
Mike Schuler
 via 
gCaptain

Monster Pacific Storm Unleashes Massive 65-Foot Waves

A powerful hurricane-force low pressure system in the North Pacific Ocean is generating extraordinary sea conditions, with significant wave heights reaching 65.77 feet (20 meters), according to the National Weather...
Biden Pushes Historic High Seas Treaty to Senate
Shipping
December 20, 2024
From 
Mike Schuler
 via 
gCaptain

Biden Pushes Historic High Seas Treaty to Senate

President Biden has taken a significant step toward ocean conservation by transmitting the High Seas Treaty to the Senate for ratification, marking a potential watershed moment for marine protection. The...
Pioneering Spirit to Tackle Australia’s Largest-Ever Offshore Platform Removal Project
Shipping
December 20, 2024
From 
Mike Schuler
 via 
gCaptain

Pioneering Spirit to Tackle Australia’s Largest-Ever Offshore Platform Removal Project

Allseas has secured a groundbreaking contract for Australia’s largest offshore decommissioning project, which will see the removal of up to 12 retired platforms from the Gippsland Basin. The contract, awarded...
Kpler’s Spire Acquisition Sparks Antitrust Concerns in AIS Ship Tracking
Shipping
December 20, 2024
From 
Reuters
 via 
gCaptain

Kpler’s Spire Acquisition Sparks Antitrust Concerns in AIS Ship Tracking

French maritime data analytics platform Kpler wants to buy ship tracking company Spire Maritime, whose satellite data is a vital resource for oil traders and shipping companies, but some Spire customers fear Kpler will cut them off and have raised antitrust concerns to U.S. authorities, sources familiar with the matter say.
MSC CEO Soren Toft Elected as New World Shipping Council Chair
Shipping
December 20, 2024
From 
Mike Schuler
 via 
gCaptain

MSC CEO Soren Toft Elected as New World Shipping Council Chair

The World Shipping Council (WSC), the largest industry trade association representing the international liner shipping industry, has appointed MSC Mediterranean Shipping Company CEO Soren Toft as its new Chair, with Wan...
U.S. Treasury Targets Iran’s Shadow Fleet with New Sanctions
Shipping
December 19, 2024
From 
Mike Schuler
 via 
gCaptain

U.S. Treasury Targets Iran’s Shadow Fleet with New Sanctions

The United States Department of the Treasury has announced new sanctions targeting four entities and three vessels involved in Iran’s petroleum and petrochemical trade, part of ongoing efforts to curtail...
Russia’s Gazprom Makes First LNG Delivery to Italy Amid Shifting European Energy Landscape
Shipping
December 19, 2024
From 
Mike Schuler
 via 
gCaptain

Russia’s Gazprom Makes First LNG Delivery to Italy Amid Shifting European Energy Landscape

In a significant development for European energy markets, Russian energy giant Gazprom has completed its first liquefied natural gas (LNG) delivery to Italy from its Baltic Sea-based LNG Portovaya facility....
Israel Strikes Back: Houthi Ports in Yemen Targeted in Retaliatory Airstrikes
Shipping
December 19, 2024
From 
Reuters
 via 
gCaptain

Israel Strikes Back: Houthi Ports in Yemen Targeted in Retaliatory Airstrikes

Israel launched strikes against ports and energy infrastructure in Houthi-held parts of Yemen on Thursday and threatened more attacks against the Iran-aligned militant group, which has launched hundreds of missiles at Israel over the past year.
Trump Signals Jones Act Policy Will Stay the Course
Shipping
December 18, 2024
From 
Mike Schuler
 via 
gCaptain

Trump Signals Jones Act Policy Will Stay the Course

President-elect Donald Trump has reignited the debate over the Jones Act, sharing a pro-Jones Act article that underscores the century-old law’s significance to America’s maritime industry and national security. The...
California Ports Strike Landmark Agreement on Floating Offshore Wind
Shipping
December 18, 2024
From 
Mike Schuler
 via 
gCaptain

California Ports Strike Landmark Agreement on Floating Offshore Wind

The California State Lands Commission has partnered with the ports of Long Beach and Humboldt in a groundbreaking agreement to accelerate floating offshore wind energy development along the California coast....