Shipping
Articles

From
The Loadstar
via
gCaptain
Ocean Carriers Scramble as GRIs Hit a Wall
Blanked sailings and general rate increases (GRIs) have failed to arrest the drop in Asia-North Europe freight rates, with slot utilisation less than 95% amid the post-Chinese New Year slack period.

From
Reuters
via
gCaptain
Yemeni Houthis Ready to Renew Attacks on Israel if Gaza War Resumes
Yemen's Iran-backed Houthis, who control most of western Yemen including the capital, are ready to mount attacks on Israel if it resumes its assault on Gaza and does not commit to the ceasefire deal, the group's leader Abdulmalik al-Houthi said on Tuesday.

From
Mike Schuler
via
gCaptain
South Africa Strengthens Maritime Environmental Laws as Cape Route Traffic Surges Amid Red Sea Crisis
South Africa has significantly enhanced its maritime environmental protection measures with President Cyril Ramaphosa signing into law the Marine Pollution Amendment Bill, a move that comes at a crucial time...

From
Reuters
via
gCaptain
Trump Raises Tariffs on Aluminum, Steel Imports in Latest Trade War Salvo
U.S. President Donald Trump substantially raised tariffs on steel and aluminum imports on Monday to a flat 25% "without exceptions or exemptions" in a move he hopes will aid the struggling industries in the United States but which also risks sparking a multi-front trade war.

From
Bloomberg
via
gCaptain
Red Sea Ship Traffic Is Yet to Pick Up as Ceasefire Risks Swirl
Ship traffic through the Red Sea has remained slow in recent weeks despite a prolonged period without attacks from Yemen’s Houthis.

From
Mike Schuler
via
gCaptain
Yara and NYK Sign Historic Contract for World’s First Ammonia-Fueled Gas Carrier
Yara Clean Ammonia Switzerland SA has signed the world’s first time-charter contract with NYK for an ammonia-fueled medium gas carrier (AFMGC). The 40,000m³ carrier, scheduled scheduled for delivery in November...

From
Mike Schuler
via
gCaptain
Maersk: New U.S. Tariffs and Red Sea Crisis Shaping Global Maritime Trade in Early 2025
Major geopolitical events and policy changes are significantly impacting global maritime trade in early 2025, with new U.S. tariffs and ongoing Red Sea security concerns creating ripple effects across shipping...

From
Mike Schuler
via
gCaptain
Historic SS United States Faces New Delays in Final Journey to Become World’s Largest Artificial Reef
The SS United States, America’s most iconic ocean liner, has encountered another setback in its planned departure from Philadelphia, where the vessel has been docked since 1996. The U.S. Coast...

From
Bloomberg
via
gCaptain
Chinese Ports See Record Traffic Ahead of US Tariffs and Holiday
China’s busiest port processed a record amount of goods in January, as companies rushed to get their products onto ships before US tariffs kicked in and ahead of a long local holiday.

From
Mike Schuler
via
gCaptain
U.S. Container Imports Continue Surge Amid Renewed Tariff Concerns, Supply Chain Pressures
U.S. container ports are experiencing sustained high import volumes as retailers accelerate cargo shipments in response to new tariff threats and potential supply chain disruptions. The latest Global Port Tracker...

From
Bloomberg
via
gCaptain
Chevron Says Fading US Crude Growth Casts Pall On Port Projects
By Lucia Kassai Feb 8, 2025 (Bloomberg) –Slowing US oil-production growth is casting a pall over projects intended to expand crude shipments to overseas markets, according to Chevron Corp. New terminal...

From
Bloomberg
via
gCaptain
Russia Faces An Impending Oil Tanker Crisis As Sanctions Pile Up
By Julian Lee Feb 7, 2025 (Bloomberg) –On Jan. 10, the US Treasury sanctioned 161 oil tankers for their role in moving Russian oil. It was part of a raft of...