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St. Lawrence Seaway Launches 67th Navigation Season
Shipping
April 1, 2025
From 
Mike Schuler
 via 
gCaptain

St. Lawrence Seaway Launches 67th Navigation Season

The U.S. Department of Transportation’s (USDOT) Great Lakes St. Lawrence Seaway Development Corporation (GLS) and its Canadian counterpart the St. Lawrence Seaway Management Corporation (SLSMC) opened the binational waterway’s 67th...
Alternative Fuel Ship Orders See Strong Methanol Uptake in March, Despite Overall Slowdown
Shipping
April 1, 2025
From 
Mike Schuler
 via 
gCaptain

Alternative Fuel Ship Orders See Strong Methanol Uptake in March, Despite Overall Slowdown

The maritime industry’s shift toward alternative fuels continued in March 2025, with 25 new vessel orders featuring alternative fuel systems, according to DNV’s Alternative Fuels Insight (AFI) platform. Methanol emerged...
Top Japanese Shipping Line Fears US Tariffs Will Slow Cargo Flows, President Says
Shipping
April 1, 2025
From 
Reuters
 via 
gCaptain

Top Japanese Shipping Line Fears US Tariffs Will Slow Cargo Flows, President Says

Nippon Yusen NYK, Japan's largest shipping line, is concerned that U.S. President Donald Trump's tariffs could push up the cost of automobiles and daily goods, denting consumer demand and slowing cargo flows, its president said.
Panama Deregisters Over 100 Sanctioned Vessels in Major Compliance Crackdown
Shipping
March 31, 2025
From 
Mike Schuler
 via 
gCaptain

Panama Deregisters Over 100 Sanctioned Vessels in Major Compliance Crackdown

The Panama Maritime Authority (PMA) has taken action by deregistering 107 vessels from its registry due to international sanctions violations, with an additional 18 vessels in the pipeline for de-registration....
Shipowners Are Adjusting Contracts for US Tax on China Vessels
Shipping
March 28, 2025
From 
Bloomberg
 via 
gCaptain

Shipowners Are Adjusting Contracts for US Tax on China Vessels

Shipowners and charterers are altering leasing contracts to cope with the multi-million dollar port fees expected to be imposed on Chinese-built vessels by the Trump administration, according to people familiar with the matter.
Car-Shipping Companies Plunge After Trump’s Latest Tariffs
Shipping
March 27, 2025
From 
Bloomberg
 via 
gCaptain

Car-Shipping Companies Plunge After Trump’s Latest Tariffs

Shares of companies that haul cars across oceans plunged after President Trump widened his trade war with tariffs on vehicles not made in the US.
Planned US Auto Tariffs Shake Global Industry as Price Hikes, Job Losses Loom
Shipping
March 27, 2025
From 
Reuters
 via 
gCaptain

Planned US Auto Tariffs Shake Global Industry as Price Hikes, Job Losses Loom

The United States' announcement of a 25% tariff on auto imports rippled throughout the world on Thursday, as global vehicle suppliers warned of immediate price hikes and dealers raised fears of job losses in countries with a large car industry.
Global Shipping Insurance May Shift If Russia Sanctions End, Bimco Says
Shipping
March 26, 2025
From 
Bloomberg
 via 
gCaptain

Global Shipping Insurance May Shift If Russia Sanctions End, Bimco Says

The global shipping industry should be open to working with a new group of insurers that emerged to support Russia’s so-called shadow fleet, provided they follow best practice, according to a leading maritime group.
HMM Takes Delivery of Its First Methanol-Powered Containership
Shipping
March 26, 2025
From 
The Loadstar
 via 
gCaptain

HMM Takes Delivery of Its First Methanol-Powered Containership

South Korean shipping line HMM has taken delivery of the HMM Green (above), the first in a series of nine 9,000 teu methanol-fuelled containerships being built at Korean yards.
Germany Starts Producing Climate-Neutral Marine Methanol from Wastewater
Shipping
March 25, 2025
From 
Malte Humpert
 via 
gCaptain

Germany Starts Producing Climate-Neutral Marine Methanol from Wastewater

Globally the shipping sector contributes around 706 million tons of CO2 emissions each year, around 3 percent of the total. The majority of containership vessels, oil tankers, and bulk carriers continue to use heavy fuel oil or marine diesel emitting substantial amounts of CO2 and other greenhouse gases.
Despite Sourcing Shifts, ‘Don’t Write-off China’, Says CMA CGM CCO
Shipping
March 25, 2025
From 
The Loadstar
 via 
gCaptain

Despite Sourcing Shifts, ‘Don’t Write-off China’, Says CMA CGM CCO

China cannot be written off completely from supply chains, despite tension with the US and manufacturing shifts towards South-east Asia, according to CMA CGM’s chief commercial officer, Vikash Anand.
Shippers, Steelmakers Spar Over Trump Levies for Chinese Vessels
Shipping
March 25, 2025
From 
Bloomberg
 via 
gCaptain

Shippers, Steelmakers Spar Over Trump Levies for Chinese Vessels

US lawmakers, labor unions and steel manufacturers were at odds with shipping companies and farm exporters Monday over a Trump administration proposal to put million-dollar levies on China-linked ships docking in the US.