Shipping
Articles

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...

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....

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...

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...

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.

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...

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.

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.

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.

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...

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...

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...