Asian Shipbreakers Await Unemployed VLCCs Amid ‘Attractive’ Scrap Values
By Alex Longley and Alaric Nightingale (Bloomberg) — Covid-19 is destroying the market for supertankers that deliver about a fifth of the world’s
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.
By Alex Longley and Alaric Nightingale (Bloomberg) — Covid-19 is destroying the market for supertankers that deliver about a fifth of the world’s
President Joe Biden is set to sign an Executive Order, titled Strengthening ‘Buy American’ Provisions, Ensuring Future of America is Made in America by All
The manager of the containership MV Mozart has expressed condolences after the death of crew member during a violent pirate attack in the Gulf of Guinea on
One thing about the COVID cruising suspensions is we don’t get as many cruise ships crashing into things. With that in mind, Costa Cruises’
The Maersk Essen has been re-routed to Mexico after the ship lost approximately 750 containers overboard during its voyage from China to the U.S. West Coast
Siem Car Carriers has placed into operation of the second of two LNG-powered Pure Car and Truck Carriers (PCTCs) on charter to Volkswagen. The second vessel,
By Kate Abnett and Robin Emmott BRUSSELS, Jan 21 (Reuters) – European Union lawmakers passed a resolution on Thursday calling for the bloc to stop the
The Biden Administration has announced the appointment of Lucinda Lessley to serve as the new Deputy Administrator for the U.S. Maritime Administration.
President Joe Biden’s pick for U.S. Secretary of Transportation, Pete Buttigieg, has expressed his support for the Jones Act and its role in creating
MSC Mediterranean Shipping Company is taking the unusual step of covering costs related to the fire on board the Maersk Elba in order to avoid General Average.
A Maersk operated containership en route to Los Angeles, California has reportedly lost some 750 containers overboard in the Pacific Ocean. The incident
Finnish-based Norsepower has installed the world’s first set of tilting rotor sails on board the SEA-CARGO roll-on/roll-off carrier SC Connector. The
Overall tonnage transported by ships in the binational Great Lakes-St. Lawrence Seaway system was down slightly in the 2020 navigation season compared to 2019,
The U.S. Maritime Administration (MARAD) has announced authorizing the construction of two more National Security Multi-Mission Vessels (NSMV) to serve as
Singapore has unveiled plans for an aggressive vaccination blitz for frontline maritime workers that aims to put some 10,000 needles in arms by the end of the
The wrecked Norwegian frigate Helge Ingstad will be scrapped in Norway now more than two years after its collision with a tanker outside the Sture Terminal.
Mitsui O.S.K. Lines (MOL) has responded to a recent Forbes article about the Wakashio grounding that the Japanese shipping line says is misleading and
The U.S. Coast Guard has suspended the active search for 10 missing crewmembers from a Taiwanese fishing vessel off of Midway Island in the Pacific Ocean.
The Port of Long Beach moved a record 8.1 million TEUs in 2020 despite facing headwinds from the COVID-19 pandemic and the ongoing trade war with China. Total
Hong Kong-based maritime tech company Wallem Group has announced the resignation of Chief Executive Frank Coles so he can focus his efforts on seafarers’
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