Shipping
Articles

From
Mike Schuler
via
gCaptain
Houthi Attacks Resume in Red Sea After 18-Day Lull
The United Kingdom Maritime Trade Operations (UKMTO) reported a suspicious approach by an unmanned surface drone on a merchant vessel near Yemen’s coast on Friday, marking the end of an...

From
Bloomberg
via
gCaptain
A Look Behind Russian Efforts to Skirt US Energy Sanctions
(Bloomberg) — The crayon marks on the wall of the sparsely furnished apartment hint at it being a conventional family home. But the single sofa, pink plastic chair and child’s...

From
Mike Schuler
via
gCaptain
U.S. Coast Guard Releases Titan Submersible Discovery Footage
The U.S. Coast Guard has released crucial remotely operated vehicle (ROV) footage of the Titan submersible wreckage, which provided the conclusive evidence of the vessel’s catastrophic implosion during a commercial...

From
Mike Schuler
via
gCaptain
Senator Mark Kelly Pushes for Strengthening US Maritime Capacity in Senate Hearing
During a recent Senate Armed Services Committee hearing, Arizona Senator Mark Kelly, a Navy combat veteran and the only U.S. Merchant Marine Academy graduate in Congress, emphasized the critical need...

From
Mike Schuler
via
gCaptain
HIF Global Partners with MOL for e-Fuels Expansion
HIF Global, the world’s leading e-Fuels company, has announced a significant investment from Mitsui O.S.K. Lines (MOL) to finance the expansion of HIF Global’s e-Fuels projects in the USA, Australia,...

From
Reuters
via
gCaptain
The Rising Costs of Insuring Ships in the Red Sea
LONDON, Sept 19 (Reuters) – The cost of insuring a ship through the Red Sea has more than doubled since the start of September and some underwriters are pausing cover as the risk of attack...

From
Mike Schuler
via
gCaptain
Wärtsilä and Chevron Partner to Reduce Methane Slip in LNG Carriers
Finnish technology group Wärtsilä has joined forces with Chevron Shipping Company to convert engines on six of Chevron Transport Corporation’s LNG Carriers. The initiative aims to significantly reduce greenhouse gas...

From
Bloomberg
via
gCaptain
Ukraine War: US Warns Allies of Russia’s Sabotage Threats Against Global Shipping
By Alberto Nardelli, Jenny Leonard and Natalia Drozdiak (Bloomberg) — The US has warned its allies that Russia is targeting cargo shipping companies as it seeks to disrupt Ukraine’s partners, according...

From
Malte Humpert
via
gCaptain
Second ‘Shadow Fleet’ LNG Carrier Navigates Arctic’s Harsh Ice Conditions
By Malte Humpert (gCaptain) – Undeterred by tough sea ice conditions in the East Siberian and Chukchi Sea, Russia has dispatched a conventional LNG carrier across the Arctic. Asya Energy...

From
Mike Schuler
via
gCaptain
California Maritime Safety Bill Awaits Governor’s Signature
California’s maritime industry is calling on Governor Gavin Newsom to sign Assembly Bill 1122 into law, citing crucial safety and operational benefits for the state’s ports and mariners. The bill,...

From
Josh Guerrlich
via
gCaptain
Russian Oil Earnings Slide as Waning Prices Counter Higher Flows
(Bloomberg) — A further slump in weekly average oil prices more than offset a small increase in flows from Russian ports, intensifying pressure on Moscow as it grapples with a weakening global market....

From
Mike Schuler
via
gCaptain
Dry Bulk Ship Recycling Hits 16-Year Low
Dry bulk ship recycling has plummeted to its second-lowest level in 16 years, with only 45 ships recycled so far in 2024, according to BIMCO, the world’s largest trade association...