By Asad Zulfiqar (Bloomberg) — A shipping hedge fund founded by a one-time ally of oil tanker billionaire John Fredriksen says the industry is set for another boom year because of…
https://gcaptain.com/shipping-hedge-fund-says-industry-set-for-another-boom-year/
Parenthood at sea
According to the IMO, 2% of seafarers are women at sea. I wonder what the percentage of Mummies at sea is!? Like 0.01%!!?! Less!!?!
A post on LinkedIn sparked my curiosity. Heather Enness, Master Mariner and mother of three, posted the above. Young people I meet in the maritime industry get questions about if they don’t want to have a family since they are going to work at sea. I knew I just had to speak with Heather and find out if that is a hurdle nowadays, to be a parent and...
https://shippingpodcast.com/208-heather-enness-master-mariner/
Since the Russia-Ukraine conflict began a year ago, Europe’s shift to LNG has disrupted global LNG markets and drained cargoes from Asia. Asia has responded by pulling back from spot LNG, demand destruction and switching to alternatives like coal, nuclear and renewables. Many of these trends are...
The Asian high sulfur fuel oil market is likely to strengthen, and quite significantly so, from prevailing levels as oil majors and trading giants begin to increasingly eschew Russian-origin oil, traders said. Several market participants including oil majors, leading traders and shipowners had...
Here it comes. An unprecedented flood of new container ships is about to enter service. The pace of deliveries will pick up in earnest next month, surge much higher in the second quarter, go higher still in the second half, even higher throughout 2024, and stay strong in 2025.
“The colossal orderbook is like a sword of Damocles hanging over the market, with a raft of new ship deliveries in the next months inevitably triggering a return of overcapacity,” warned Alphaliner in a new report on...
https://www.freightwaves.com/news/colossal-tidal-wave-of-new-container-ships-about-to-strike
By Marine Strauss BRUSSELS, Feb 22 (Reuters) – Belgium said it is investigating the presence of a Russian “spy ship” in the North Sea, a day after its neighbor the Netherlands reported…
https://gcaptain.com/belgium-investigating-russian-spy-ship-in-north-sea/
By Pavel Polityuk KYIV, Feb 22 (Reuters) – Ukraine will ask Turkey and the United Nations this week to start talks to roll over the Black Sea grain deal, seeking an extension of…
https://gcaptain.com/ukraine-seeking-one-year-grain-deal-extension-with-new-ports-added/
Dubai-based P&O Maritime Logistics has announced plans to convert one of its existing vessels into a Cable-Laying Vessel (CLV) powered by green methanol. The CLV will predominantly be used to…
By Mike Wackett (The Loadstar) – The timing couldn’t be worse: with consumer demand lethargic and inventory stocks stubbornly high, ocean carriers are preparing to receive an armada of newbuild ultra-large…
https://gcaptain.com/wave-of-megaships-about-to-hit-the-water-as-container-shipping-demand-falters/
LONDON/MADRID, Feb 22 (Reuters) – A tanker that was detained by Spain and accused of discharging fuel in open waters near the northeastern port city of Tarragona did not cause any pollution…
https://gcaptain.com/ship-manager-denies-pollution-incident-alleged-by-spain/