Shipping
Articles

From
Mike Schuler
via
gCaptain
REGENT Unveils World’s First Full-Scale Electric Seaglider, Begins Historic Sea Trials
REGENT Craft has achieved a significant milestone in maritime transportation with the unveiling of its first full-scale seaglider prototype, marking a pivotal moment in the evolution of coastal transportation. The...

From
Mike Schuler
via
gCaptain
ZIM Reports Strong 2024 Turnaround, Sets Conservative 2025 Outlook Amid Red Sea Crisis
International container shipping company ZIM (NYSE: ZIM) has reported a remarkable recovery in 2024, posting a net income of $2.15 billion, marking a significant turnaround from the $2.69 billion loss...

From
Bloomberg
via
gCaptain
Canada Strikes Back in Trade War With Tariffs on US Steel, Aluminum
Canada announced new 25% tariffs on about C$30 billion ($20.8 billion) of US-made products, including steel and aluminum, after the Trump administration went ahead with global levies on imports of those two materials.

From
Reuters
via
gCaptain
Ukraine Bets on US LNG as Gas Import Needs Rise
Ukraine may import large volumes of U.S. gas this year via terminals in Germany, Greece, Lithuania and Poland, its state gas operator said, as Kyiv struggles with the impact of Russian attacks on its infrastructure.

From
Mike Schuler
via
gCaptain
Houthis Issue New Maritime Threat as Gaza Aid Deadline Passes
Yemen’s Houthi forces have declared an immediate ban on Israeli ships in the Red Sea, Arabian Sea, Bab al-Mandab Strait, and Gulf of Aden, threatening to attack any vessels that...

From
Mike Schuler
via
gCaptain
Container Leasing Giant Triton Acquires GCI in Major Consolidation Move
Triton International Limited, the world’s largest lessor of intermodal freight containers, announced yesterday an agreement to acquire Global Container International LLC (GCI), marking a significant consolidation in the maritime container...

From
Bloomberg
via
gCaptain
Russian Oil Flows Surge in Sign US Sanctions Starting to Crumble
US sanctions on Russia’s oil tanker fleet are showing signs of faltering, after a clutch of blacklisted vessels loaded cargoes for the first time in more than a year to drive up the country’s crude shipments.

From
Reuters
via
gCaptain
Trump Unleashes Sweeping Tariffs on Metal Imports
U.S. President Donald Trump's bulked-up tariffs on steel and aluminum due to launch within hours will hit nearly $150 billion worth of derivative products made from the metals for the first time, ranging from nuts and bolts to bulldozer blades and threatening cost increases for industry and consumers alike.

From
The Loadstar
via
gCaptain
U.S. Ag Exports Caught in the Crossfire as China Retaliates on Tariffs
Chinese retaliation to US tariffs will hit the “low-margin” agricultural sector the hardest, and White House officials haven’t grasped the full impact, say experts.

From
Malte Humpert
via
gCaptain
Russia’s Newest Arctic Oil Tanker Passes Through Suez Canal As US Mulls Easing of Sanctions
Russia’s first home-built Arc6 ice-class oil tanker continues its voyage from the Zvezda shipyard in the Far East to its service area in the Arctic. After a month at sea the 69,000 dwt Valentin Pikul passed through the Suez Canal on Monday, now displaying Murmansk above the Arctic Circle as its destination.

From
Mike Schuler
via
gCaptain
Update: Tanker Collision Off UK Coast Sparks Fire, Oil Spill Concerns; One Missing
The US-flagged Stena Immaculate, carrying 220,000 barrels of Jet-A1 fuel, had at least one of its cargo tanks ruptured after it was struck by a containership off the UK coast...

From
Mike Schuler
via
gCaptain
Photos: MT Sounion Transits Suez Canal Six Months After Houthi Attack
The Greek-registered MT Sounion oil tanker has successfully completed its transit through Egypt’s Suez Canal following a complex salvage operation in the Red Sea, where it was attacked by Houthi...