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Reuters
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gCaptain
India’s Oil Demand Drives CMB Tech Fleet Diversification
By Dimitri Rhodes Nov 7 (Reuters) – Belgian oil tanker company CMB Tech says it will focus on the fast growing market in India as it reported third quarter results...
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Reuters
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gCaptain
With Trump’s White House Return, Will Fossil Fuels Outshine the Renewable Boom?
Nov 6 (Reuters) – Donald Trump‘s return to the White House will refocus the nation’s energy policy onto maximizing oil and gas production and away from fighting climate change, but the Republican win in...
From
Mike Schuler
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gCaptain
Trump’s Victory Sparks Fears of Freight Rate Surge and Trade War Escalation
Donald Trump’s victory in the US Presidential Election is sending ripples through the container shipping industry being viewed as a potential setback for international trade. Shares in notable names such...
From
Mike Schuler
via
gCaptain
Gulf of Mexico Oil and Gas Producers Cut Output Ahead of Storm
Nov 5 (Reuters) – Oil and gas producers began shutting in U.S. Gulf of Mexico output and pulling workers off platforms on Tuesday ahead of a late hurricane season storm threatening offshore fields. The U.S. National Hurricane...
From
Mike Schuler
via
gCaptain
Alternative Fueled Ship Orders Surge as LNG and Methanol Battle for Market Share
October 2024 marked a record-breaking month for alternative fueled vessel orders, with a total of 97 new orders placed, according to the latest figures from DNV’s AFI platform. The milestone...
From
Bloomberg
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gCaptain
South Korea Weighs Buying More U.S. Energy If Trump Wins Election
By Sam Kim (Bloomberg) South Korea is considering a plan to boost energy imports from the US if Donald Trump wins the election and steps up pressure on trade partners,...
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Reuters
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gCaptain
Houthis Say They Will Not End Red Sea Blockade
by Adam Makary (Reuters) – Yemen’s Houthis said on Sunday they would maintain their maritime blockade against Israeli vessels in response to “intelligence information” regarding Israeli shipping companies selling their assets to other...
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Reuters
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gCaptain
Shipbuilding Giant’s Revenue Hit By US Navy Uncertainty
by Pratyush Thakur (Reuters) – The largest U.S. military shipbuilder Huntington Ingalls $HII on Thursday cut its 2024 shipbuilding revenue due to uncertainty in navy agreements, supply chain issues and labor shortages, sending its shares down....
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Reuters
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gCaptain
German Yacht Wins Rolex Middle Sea Race
by Ossian Shine, (Reuters) – Germany’s Red Bandit, skippered by Carl-Peter Forster, was crowned winner of the 45th Rolex Middle Sea Race, becoming the third German yacht to win the prestigious offshore challenge. Following...
From
Bloomberg
via
gCaptain
EPA Clears Path for Texas Deepwater Port, Fueling Controversy Over U.S. Oil Exports on Supertankers
(Bloomberg) — The Environmental Protection Agency has given its blessing for a proposed Texas oil port capable of exporting 1 million barrels of oil a day, even as the terminals...
From
Reuters
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gCaptain
Arctic Alliance: U.S. Raises Alarms as Russia and China Flex Military Muscle Along NATO’s ‘Western Flank’
OSLO, Nov 1 (Reuters) – The United States is watching growing cooperation between Russia and China in the Arctic closely and some of their recent military collaboration in the region sends “concerning...
From
Reuters
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gCaptain
China’s New Era: Dual Aircraft Carrier Formation Sails Into South China Sea
by Farah Master (Reuters) China’s aircraft carriers Liaoning and Shandong carried out dual aircraft carrier formation exercises for the first time in the South China Sea, the PLA navy said, a...