Maritime News from gCaptain.com

Trump Plows Ahead on China Tariffs Threats

News from gCaptain - Tue, 05/29/2018 - 09:13
By Jenny Leonard and Andrew Mayeda (Bloomberg) — President Donald Trump said he’s moving ahead with plans to impose tariffs on $50 billion of Chinese imports and curb investment in sensitive technology, ratcheting up pressure on Beijing days before the next round of trade negotiations. In a statement Tuesday, the White House said a final […]
Categories: Maritime News

Japan Says Suspected Chinese Ship Spotted Breaking North Korea Sanctions

News from gCaptain - Tue, 05/29/2018 - 08:54
TOKYO, May 29 (Reuters) – Japan on Tuesday said it had detected what appeared to be a Chinese-flagged vessel, 350 km (218 miles) off Shanghai, conducting illegal transfers to a North Korean ship. “Following a comprehensive assessment, the government of Japan strongly suspects that they conducted ship-to-ship transfers banned by UNSCR,” Japan’s Ministry of Foreign […]
Categories: Maritime News

Watch President Trump’s Full Commencement Speech to the U.S. Naval Academy’s 2018 Graduating Class

News from gCaptain - Tue, 05/29/2018 - 06:06
President Trump gives the commencement speech at the U.S. Naval Academy’s graduation ceremony in Annapolis, Maryland, May, 25, 2018. The Atlantic.com has the full text of the commencement speech if you prefer to read it. The Associated Press has fact checked the commencement address, noting that President Trump misrepresented on at least three occassions what he’s […]
Categories: Maritime News

South Korea to Offer ‘Industry Crisis’ Funding to Hard-Hit Shipbuilding Regions

News from gCaptain - Mon, 05/28/2018 - 20:12
SEOUL, May 29 (Reuters) – South Korean Finance Minister Kim Dong-yeon said on Tuesday the government will designate five key shipbuilding centres on the country’s south coast as “industry crisis” zones eligible for economic support. The areas include Dong-gu in the city of Ulsan, Geoje-si of Kyong-nam province and Jinhae-gu of Changwon, as well as […]
Categories: Maritime News

No Free Pass for Shippers as Box Lines Implement New Bunker Surcharges

News from gCaptain - Mon, 05/28/2018 - 08:29
By Alexander Whiteman (The Loadstar) – Shipper hopes that carriers will not impose fuel surcharges have been shot down as Maersk and CMA CGM became the latest to implement a bunker surcharge. Drewry’s Simon Heaney, senior manager supply chain research, told The Loadstar the emergency fuel surcharge announced by MSC earlier this week would be just […]
Categories: Maritime News

US Dedicates First-ever Undersea Memorial For Submariners

News from gCaptain - Mon, 05/28/2018 - 08:15
by Barbara Goldberg (Reuters) – Almost exactly 50 years ago, the USS Scorpion became the last U.S. submarine to be lost at sea when it disappeared while on patrol in the North Atlantic in 1968, with the nearly 100 officers and crew lost and presumed killed. This weekend, those who went down with the Scorpion […]
Categories: Maritime News

Huge Amounts Of Crystal Meth Are Now Being Smuggled In Shipping Containers

News from gCaptain - Mon, 05/28/2018 - 08:05
by Rozanna Latiff (Reuters) – Malaysia has made its largest ever seizure of crystal methamphetamine, officials said on Monday, finding nearly 1.2 tonnes of the drug disguised as tea in a shipment from Myanmar, and arrested six suspected traffickers. The bust comes as Southeast Asia reports a flood of the stimulant throughout the region. Indonesia […]
Categories: Maritime News

Remembering Those Lost At Sea In War And Peace

News from gCaptain - Mon, 05/28/2018 - 07:27
Today is Memorial Day in the United States and gCaptain will donate a portion of all patriotic shirts to the American Merchant Marine Veterans (AMMV). Countless American Merchant Mariners have been lost at sea delivering the gear our troops and sailors need to defend freedom. Aircraft Carriers would return home without the food, ammunition and aviation […]
Categories: Maritime News

U.S. Warships Sail Near South China Sea Islands Claimed by China

News from gCaptain - Sun, 05/27/2018 - 20:48
By Idrees Ali WASHINGTON, May 27 (Reuters) – Two U.S. Navy warships sailed near South China Sea islands claimed by China on Sunday, two U.S. officials told Reuters, in a move that drew condemnation from Beijing as President Donald Trump seeks its continued cooperation on North Korea. The operation was the latest attempt to counter […]
Categories: Maritime News

U.S. Alarmed By Strike on Turkish Ship Delivering Wheat to Yemen

News from gCaptain - Sun, 05/27/2018 - 12:50
WASHINGTON (Reuters) – The United States said on Friday it was “alarmed” by a Houthi missile strike on a Turkish vessel carrying wheat to Yemen this month and urged the Shi’ite group to work with the United Nations to alleviate Yemenis suffering. The Turkish-flagged Ince Inebolu bulk carrier was damaged by an explosion on May […]
Categories: Maritime News

NTSB Breaks Down El Faro Findings in Must-Read Illustrated Digest

News from gCaptain - Fri, 05/25/2018 - 12:14
The National Transportation Safety Board has released 16-page illustrated digest summarizing in detail the critical events and decisions that led to the October 1, 2015 sinking of the American cargo ship El Faro with the loss of all 33 crew members. The digest also synopsizes the more than 60 recommendations issued throughout the NTSB’s investigation […]
Categories: Maritime News

Shell Makes Large Deepwater Discovery in U.S. Gulf of Mexico

News from gCaptain - Fri, 05/25/2018 - 10:58
Royal Dutch Shell has announced a large deepwater discovery in the U.S. Gulf of Mexico approximately 170 miles off the coast of Louisiana. Shell Offshore Inc. said Thursday the exploration discovery was made in the Norphlet geologic play at the 100 percent Shell-controlled Dover well. The well was drilled in Mississippi Canyon Block 612, located […]
Categories: Maritime News

CMA CGM Becomes Latest Shipping Line to Set Bunker Surcharge Amid Rising Fuel Costs

News from gCaptain - Fri, 05/25/2018 - 09:10
PARIS, May 25 (Reuters) – French shipping group CMA CGM said on Friday it would introduce an exceptional surcharge after its first quarter earnings were hit by a sharp rise in bunker fuel prices. The move comes after Maersk Line, the world’s largest container shipping company, announced a similar “emergency bunker surcharge” earlier on Friday. […]
Categories: Maritime News

As Hunger for American Oil Grows Abroad, U.S. Infrastructure Seen Straining Export Capacity

News from gCaptain - Fri, 05/25/2018 - 08:50
By Ayenat Mersie NEW YORK, May 25 (Reuters) – The U.S. oil export infrastructure is straining to keep up as the country’s crude oil exports hit new highs and China snaps up more of it than ever before. U.S. crude production has surged to a record 10.7 million barrels a day, driven largely by growth […]
Categories: Maritime News

Incident Video: Party Boat Hosting Senior Prom Crashes Into Yacht

News from gCaptain - Fri, 05/25/2018 - 08:35
A party boat hosting a high school senior prom rear-ended a yacht while docking on the Hudson River in Hoboken, New Jersey on Thursday. Thankfully, none of the 95 high schoolers on board the Cornucopia Destiny were injured in the incident, but both vessels sustained some damage. Video of the incident was posted online and […]
Categories: Maritime News

Alberto Becomes First Named Storm of 2018, Targets Gulf Coast

News from gCaptain - Fri, 05/25/2018 - 08:08
By Brian K. Sullivan (Bloomberg) — Meet Alberto, the first named storm of 2018. The sub-tropical storm off Mexico’s Yucatan Peninsula is expected to bring heavy rain to western Cuba and much of Florida early next week, the National Hurricane Center in Miami said Friday. Alberto will probably have little impact on Gulf of Mexico […]
Categories: Maritime News

Maersk Line Introduces Bunker Fuel Surcharge to Counter Crude Price Rise

News from gCaptain - Fri, 05/25/2018 - 07:42
COPENHAGEN, May 25 (Reuters) – The world’s largest container shipping company Maersk Line is increasing prices because of a surge in the cost of bunker fuel. The shipping fuel has become increasingly costly as global crude oil prices have returned to peaks not reached since 2014, lifted by the United States’ exit this month from […]
Categories: Maritime News

Silent Drive Becomes Reality as Eco Tour Vessel Launched

News from gCaptain - Fri, 05/25/2018 - 07:06
Press Release – Incat Crowther is pleased to announce the launch of Spirit of the Wild, a spectacular new tour vessel for Gordon River Cruises, and the first in Australia to operate in World Heritage-listed wilderness with Silent Drive. Offering interpretive tours into the heart of the UNESCO Tasmanian Wilderness World Heritage Area, Spirit of […]
Categories: Maritime News

Interview: Port of Rotterdam’s Ben van Scherpenzeel Talks Containers, Efficiency, Blockchain and More

News from gCaptain - Thu, 05/24/2018 - 13:38
Interview by Paul González-Morgan of Marine Strategy – Ben van Scherpenzeel, Director Nautical Developments, Policy & Plans at the Port of Rotterdam, is passionate about continuous improvement with a focus on ports and shipping in every aspect: nautical, logistical, economical and social. Ben’s past experience onboard vessels of Shell and Holland America Line, together with the […]
Categories: Maritime News

MAN to Equip World’s First LNG-Powered Fishing Trawler

News from gCaptain - Thu, 05/24/2018 - 12:50
MAN Diesel & Turbo has announced it will supply the complete propulsion package and fuel-gas system for the world’s first LNG-powered fishing trawler. The 86-meter purse-seiner, named ‘Libas’, will be built by Cemre Shipyard in Istanbul for Norwegian fishing group Liegruppen. The design is provided by Salt Ship Design. The vessel will be equipped with […]
Categories: Maritime News
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