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Chinese NewNew Shipping Line To Expand Arctic Container Service After Profitable 2024 Operation
Shipping
March 24, 2025
From 
Malte Humpert
 via 
gCaptain

Chinese NewNew Shipping Line To Expand Arctic Container Service After Profitable 2024 Operation

Chinese box carrier NewNew Shipping Line has announced the expansion of its Arctic service for 2025. At the first-ever Russian-Chinese logistics conference “#Containers” held in Moscow last week, NewNew Shipping...
Billion-Dollar US Levies On Chinese Ships Risk ‘Trade Apocalypse’
Shipping
March 23, 2025
From 
Bloomberg
 via 
gCaptain

Billion-Dollar US Levies On Chinese Ships Risk ‘Trade Apocalypse’

By Laura Curtis, Weilun Soon and James Attwood Mar 23, 2025 (Bloomberg) –For a symbol of the chaos engulfing world trade since the Trump administration walked into the White House, look...
US Delegation Aims For Maritime Ceasefire In The  Black Sea
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March 23, 2025
From 
Reuters
 via 
gCaptain

US Delegation Aims For Maritime Ceasefire In The Black Sea

By Pesha Magid and Pavel Polityuk RIYADH/KYIV, March 24 (Reuters) – A U.S. delegation will seek progress toward a Black Sea ceasefire and a broader cessation of violence in the war in Ukraine when it...
China Discloses Powerful Deep-Sea Cable Cutter, SCMP Reports
Shipping
March 23, 2025
From 
Bloomberg
 via 
gCaptain

China Discloses Powerful Deep-Sea Cable Cutter, SCMP Reports

By Bei Hu Mar 22, 2025 (Bloomberg) —China revealed for the first time that it has developed a compact deep-sea cable cutting device that is powerful enough to severe communication lines,...
US Trade Chief To Speak With Chinese Counterpart As Tariff Rift Widens
Shipping
March 22, 2025
From 
Reuters
 via 
gCaptain

US Trade Chief To Speak With Chinese Counterpart As Tariff Rift Widens

By Trevor Hunnicutt, Jarrett Renshaw and David Lawder WASHINGTON, March 21 (Reuters) – Donald Trump’s top trade chief, Jamieson Greer, plans to speak with his Chinese counterpart next week, the U.S. president...
USTR’s Proposed China Port Fees Could Cost Container Shipping Over $100 Billion, Expert Warns
Shipping
March 21, 2025
From 
Mike Schuler
 via 
gCaptain

USTR’s Proposed China Port Fees Could Cost Container Shipping Over $100 Billion, Expert Warns

A proposed U.S. Trade Representative (USTR) fee structure targeting Chinese-built ships and operators could cost the container shipping sector alone over $106.9 billion annually and severely disrupt global supply chains,...
Russia Ships Arctic Oil to Syria for First Time
Shipping
March 21, 2025
From 
Reuters
 via 
gCaptain

Russia Ships Arctic Oil to Syria for First Time

Two tankers hit by U.S. sanctions are due to offload Russian Arctic Oil in Syria for the first time, days after Moscow made its first known delivery of diesel there in more than a decade, according to LSEG data, a government source and local TV.
First U.S. Offshore LNG Export Terminal Gets Green Light from Maritime Administration
Shipping
March 21, 2025
From 
Mike Schuler
 via 
gCaptain

First U.S. Offshore LNG Export Terminal Gets Green Light from Maritime Administration

The Department of Transportation’s Maritime Administration (MARAD) has issued a license to Delfin LNG, LLC for the construction and operation of the nation’s first offshore LNG export deepwater port. The...
Why China’s Targeting of the Maritime, Logistics, and Shipbuilding Sectors for Dominance is Important to the United States
Shipping
March 21, 2025
From 
Sal Mercogliano
 via 
gCaptain

Why China’s Targeting of the Maritime, Logistics, and Shipbuilding Sectors for Dominance is Important to the United States

By Salvatore R. Mercogliano, Ph.D., What’s Going on With Shipping As a historian and analyst of American maritime policy, the actions by China do demonstrate an unreasonable targeting of the...
USTR Tariff Could Scuttle ACL’s U.S. Operations, CEO Warns
Shipping
March 21, 2025
From 
The Loadstar
 via 
gCaptain

USTR Tariff Could Scuttle ACL’s U.S. Operations, CEO Warns

Niche transatlantic carrier Atlantic Container Line (ACL) has warned it would have to exit the trade if the US Trade Representative (USTR) enforces its proposed 301 rule on Chinese-built ships.
Wallenius Wilhelmsen Reports Record-Breaking 2024
Shipping
March 21, 2025
From 
Mike Schuler
 via 
gCaptain

Wallenius Wilhelmsen Reports Record-Breaking 2024

Global shipping and logistics giant Wallenius Wilhelmsen delivered record financial results for 2024, with net profit reaching US $1.06 billion, marking a significant increase from $967 million in 2023. The...
Germany Confiscates Tanker Belonging to Russian ‘Shadow Fleet’
Shipping
March 21, 2025
From 
Reuters
 via 
gCaptain

Germany Confiscates Tanker Belonging to Russian ‘Shadow Fleet’

Germany has confiscated a decrepit tanker found adrift off its northern coast in January that is believed to be part of a shadow fleet used by Russia to circumvent oil sanctions, the Spiegel news magazine reported on Friday, citing security sources.