Shipping

 Articles

View All
EU Expands Maritime Reporting Requirements to Combat ‘Shadow Fleet’ Risks
Shipping
April 24, 2025
From 
Mike Schuler
 via 
gCaptain

EU Expands Maritime Reporting Requirements to Combat ‘Shadow Fleet’ Risks

The European Commission has strengthened its maritime safety regulations by implementing new mandatory insurance reporting requirements for all vessels in EU waters. Under the amended Vessel Monitoring Directive (2022/59/EC), ships...
FMC Awards Samsung $3.6M in Landmark Demurrage Case Against ZIM
Shipping
April 24, 2025
From 
Mike Schuler
 via 
gCaptain

FMC Awards Samsung $3.6M in Landmark Demurrage Case Against ZIM

The Federal Maritime Commission (FMC) has delivered a significant ruling in a contentious shipping dispute, awarding Samsung Electronics America (SEA) $3.68 million in reparations against ZIM Integrated Shipping Services Ltd....
More Russian Insurers Seek Indian Nod for Oil Tanker Coverage
Shipping
April 24, 2025
From 
Bloomberg
 via 
gCaptain

More Russian Insurers Seek Indian Nod for Oil Tanker Coverage

(Bloomberg) — Four new Russian companies have sought India’s approval to provide insurance for crude oil tankers docking at ports in the South Asian nation, according to people familiar with...
ABS CEO Wiernicki to Retire After 14-Year Tenure
Shipping
April 24, 2025
From 
Mike Schuler
 via 
gCaptain

ABS CEO Wiernicki to Retire After 14-Year Tenure

Christopher J. Wiernicki, ABS Chairman and CEO of the American Bureau of Shipping (ABS), has announced his retirement effective end of 2025, following a 14-year leadership tenure that saw significant...
Chinese Exporters Retreat From US as Tariffs Erode Profitability
Shipping
April 24, 2025
From 
Bloomberg
 via 
gCaptain

Chinese Exporters Retreat From US as Tariffs Erode Profitability

For an increasing number of Chinese exporters, many of whom battled through the trade war in President Donald Trump’s first term and who have invested years to capture the spending power of American shoppers, it may be closing time in the US.
Industry Leaders Warn of Supply Chain Crisis as Trump Tariffs Hit US-China Trade
Shipping
April 23, 2025
From 
Mike Schuler
 via 
gCaptain

Industry Leaders Warn of Supply Chain Crisis as Trump Tariffs Hit US-China Trade

Container shipping between China and the United States faces unprecedented disruption following the implementation of new Trump administration tariffs on U.S. imports from China, with industry leaders warning of potential...
Trump’s China-Built Ship Fees Spark Chaos in Global Carrier Alliances
Shipping
April 23, 2025
From 
The Loadstar
 via 
gCaptain

Trump’s China-Built Ship Fees Spark Chaos in Global Carrier Alliances

The USTR fees for China-built shipping threaten a “complete destabilisation” of the ocean alliances, as the carriers with box ships exempt from the penalties attempt to insulate themselves.
Trump Floats ‘Substantial’ China Tariff Cuts in Trade Deal
Shipping
April 23, 2025
From 
Bloomberg
 via 
gCaptain

Trump Floats ‘Substantial’ China Tariff Cuts in Trade Deal

President Donald Trump said he plans to be “very nice” to China in any trade talks and that tariffs will drop if the two countries can reach a deal, a sign he may be backing down from his tough stance on Beijing amid market volatility.
Hapag-Lloyd Says 30% of China’s U.S. Bound Shipments Have Been Canceled
Shipping
April 23, 2025
From 
Reuters
 via 
gCaptain

Hapag-Lloyd Says 30% of China’s U.S. Bound Shipments Have Been Canceled

Customers of Hapag-Lloyd have canceled 30% of shipments to the United States from China, spooked by the trade conflict between the two economic super powers, a spokesperson for the German container shipping group told Reuters on Wednesday.
NYC Waterfront Project Aims to Shift Freight from Truck to Barge
Shipping
April 22, 2025
From 
gCaptain
 via 
gCaptain

NYC Waterfront Project Aims to Shift Freight from Truck to Barge

By Daniel Katzive (gCaptain) –  New York City’s slow-moving efforts to get more freight off the city’s congested highways and onto the metropolis’s navigable waterways appeared to take an important...
CMB.TECH to Absorb Golden Ocean in All-Stock Deal
Shipping
April 22, 2025
From 
Mike Schuler
 via 
gCaptain

CMB.TECH to Absorb Golden Ocean in All-Stock Deal

Golden Ocean Group Limited (NASDAQ: GOGL) and CMB.TECH NV (NYSE: CMBT) announced today a merger agreement that will create one of the largest diversified listed maritime groups globally. The stock-for-stock...
U.S. Sanctions Iranian LPG Tycoon Tied to IRGC and Failed Texas Loading
Shipping
April 22, 2025
From 
Mike Schuler
 via 
gCaptain

U.S. Sanctions Iranian LPG Tycoon Tied to IRGC and Failed Texas Loading

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated Iranian LPG magnate Seyed Asadoollah Emamjomeh and his extensive corporate network for shipping hundreds of millions...