South Korea’s HMM Reveals Plan to Leapfrog in Carrier Rankings with $11 Billion Growth Strategy
South Korea’s flagship shipping line HMM will invest approximately $11 billion in the coming years to expand its fleet of container and bulk ships,
Mike Schuler is the Managing Editor of gCaptain, where he has led editorial operations since June 2008. He oversees daily news coverage on global shipping, maritime security, offshore energy, and industry policy, and has built a reputation for delivering timely and insightful maritime news—often breaking key stories that influence industry discussions. Mike holds a Bachelor of Science in Business Administration with a focus on Financial Management from The Catholic University of America, and a certificate in Data Analytics and Visualization from the University of Arizona. Before joining gCaptain, he held positions at Intrawest Hospitality Management and Union Beer Distributors. His expertise spans supply chain and logistics, energy policy, global trade dynamics, and maritime security. Mike's reporting is known for its clarity, accuracy, and ability to explain complex maritime topics to broad audiences.
South Korea’s flagship shipping line HMM will invest approximately $11 billion in the coming years to expand its fleet of container and bulk ships,
The Port of Long Beach reported its most active June, boosted by increased consumer demand as retailers stock shelves for back-to-school shopping. The month
Port of Los Angeles Executive Director Gene Seroka says clearing cargo—rail cargo, in particular— is critical to avoiding nationwide logjam during peak
Global incidents of piracy fell in the first half of the year to the lowest reported level in nearly 30 years amid ‘cautious’ gains in the Gulf of
With the IMO yet to finalize its climate change strategy, two Congressmen from California have introduced a bill seeking to eliminate greenhouse gas emissions
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When Taylor Energy’s MC20 oil platform collapsed due to an underwater mudslide during 2004’s Hurricane Ivan, it set off what has become known as the
Retail imports set another record high this spring as the nation’s major container ports worked to reduce congestion and retailers stocked up before
Construction of the third new federal training ship has kicked off at Philly Shipyard. TOTE Services and Philly Shipyard on Tuesday celebrated the steel
The Biden Administration is continuing funding to improve the nation’s maritime networks and infrastructure, with the Department of
Global supply chain pressures continued to decline in June but is still at historically high levels, according to the New York Fed’s Global Supply Chain
The UN’s trade body has launched a new site providing real-time estimates on global trade and GDP to show the impacts of the multiple global economic
Dry bulk shipowners association INTERCARGO is calling on industry partners to do more to ensure the safety of crews as improperly loaded cargo continues to
The U.S. Navy will for the first time reward individuals for reporting information that leads to the detection of illegal maritime activity or seizure of
A Florida fishing boat captain was rescued after spending four hours treading water without lifejacket after he fell overboard off the coast of Panama City,
The Indian Coast Guard rescued all 22 crew members of a product tanker taking on water in the Arabian Sea off the Indian state of Gujarat. The crew members
Italian shipbuilding group Fincantieri and the cruise division of MSC have signed a memorandum for the construction of two luxury cruise ships powered in part
A Hong Kong-flagged bulk carrier and its crew of 21 have reached port safely in Australia after several days battling bad weather off the coast. The M/V
The U.S. Army Corps of Engineers has awarded a $1.068 billion contract to Kokosing Alberici Traylor (KAT) for Phase 3 of the Soo Locks upgrade project. The
A joint venture between a leading global methanol producer and one of the world’s largest tanker shipping companies has taken delivery of its second
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