Shipping
Articles

From
Reuters
via
gCaptain
Nut Allergy? Singapore and Rotterdam Ships Hit by Cashew-Related Failures
Several ships in Singapore and Rotterdam reported operational problems in recent months after using marine fuel blended with cashew nutshell liquid biofuel, fuel testing agency CTI-Maritec said in an advisory on Thursday.

From
The Loadstar
via
gCaptain
FAK Fantasy: Carriers Struggle to Keep Rates Afloat
Container spot rates were largely unchanged for a third consecutive week, as it became evident that a 15 November rate hike on Asia-Europe trades had failed to have anything more than a marginal impact on pricing.

From
Reuters
via
gCaptain
Container Shipping Hedges Green Transition With Dual-Fuel Vessel Orders
Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse gas (GHG) emissions to meet rising demand from customers and regulators around the globe.

From
Mike Schuler
via
gCaptain
Australia Bans Dutch Cargo Ship for 180 Days Over Repeated Safety Violations
The Australian Maritime Safety Authority (AMSA) has issued a 180-day ban on the Netherlands-flagged general cargo ship Marsgracht, prohibiting its entry into Australian ports. The action comes in response to recurring...

From
Mike Schuler
via
gCaptain
UK Cracks Down on Russian Oil Sanctions Evasion: New Advisory Targets Falsified Origin Certificates
The UK’s sanctions enforcement agency said it has identified cases where falsified documents are being used to evade a Group of Seven price cap on Russian oil exports.

From
Mike Schuler
via
gCaptain
Container Shipping Industry Sees Exponential Profit Surge Driven by Red Sea Situation
The container shipping industry has experienced a remarkable turnaround in the third quarter of 2024, with total net income soaring to $26.8 billion, marking a staggering 164% increase from the...

From
Mike Schuler
via
gCaptain
Seaspan Energy Secures First LNG Bunkering Accreditation at Port of Vancouver
Seaspan Energy has received the first-ever liquefied natural gas (LNG) bunkering accreditation from the Vancouver Fraser Port Authority (VFPA). This landmark authorization enables Seaspan to conduct ship-to-ship LNG bunkering for...

From
Mike Schuler
via
gCaptain
ZIM Rewards Investors with Massive Dividend Payout
Israeli shipping line ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) has reported stellar third-quarter results for 2024 amid record volumes and higher container freight rates. The company’s performance not only...

From
Mike Schuler
via
gCaptain
MV Glen Sannox: A Long-Awaited Ferry Finally Approved for Passenger Service
The long-awaited MV Glen Sannox, under construction at Scotland’s Ferguson Marine shipyard, has officially received regulatory approval to carry passengers. The Maritime and Coastguard Agency (MCA) and Lloyd’s Register have issued...

From
Reuters
via
gCaptain
Iran Rejects European and British Sanctions on Its Shipping Lines as ‘Unjustified’
New EU and British sanctions are based on false claims of missile transfers to Russia and are "unjustified," Iran Foreign Ministry spokesperson Esmaeil Baghaei said on Tuesday.

From
Mike Schuler
via
gCaptain
UK Tightens Grip on Iran with New Sanctions Targeting Shipping and Aviation Sectors
The UK government on Monday announced a new round of sanctions targeting key Iranian entities in the shipping and aviation sectors, part of a broader international effort to disrupt the...

From
Mike Schuler
via
gCaptain
Trump Taps Fox Host and Former Congressman Sean Duffy for Transportation Secretary
President-Elect Donald Trump has nominated former Congressman Sean Duffy as the next Secretary of Transportation, a move likely to spark discussion within the transportation and maritime industries. The unexpected choice...