Fishing Feeds & News

Panama Canal Expected to Maintain Current Transit Levels Through Dry Season

News from gCaptain - Wed, 02/07/2024 - 13:15
By Elida Moreno PANAMA CITY, Feb 7 (Reuters) – The Panama Canal sees no need for further vessel transit restrictions until at least April, when its authority will evaluate water levels at...
Categories: Maritime News

HMS Richmond Takes Over for HMS Diamond in Red Sea’s Operation Prosperity Guardian

News from gCaptain - Wed, 02/07/2024 - 12:08
As tensions in the Red Sea continue to escalate due to Houthi attacks on commercial vessels, the Royal Navy warship HMS Richmond is stepping in to replace HMS Diamond. The...
Categories: Maritime News

NTSB Investigation Reveals Probable Cause of ‘Carib Trader II’ Sinking

News from gCaptain - Wed, 02/07/2024 - 10:47
The National Transportation Safety Board (NTSB) has issued its investigation report into the sinking of the Carib Trader II during a dead ship tow from the Port of Miami to...
Categories: Maritime News

Marine Insurers Continue to Support Red Sea and Black Sea Trade Despite Challenges

News from gCaptain - Wed, 02/07/2024 - 09:46
The International Union of Marine Insurance (IUMI) confirmed in its annual winter meeting that the global marine insurance market continues to support trade in the Red Sea and the Ukraine/Black...
Categories: Maritime News

Orsted Cuts Investment, Capacity Targets in Offshore Wind Revamp

News from gCaptain - Wed, 02/07/2024 - 09:27
COPENHAGEN, Feb 7 (Reuters) – Orsted, the world’s biggest offshore wind farm developer, trimmed its investment and capacity targets on Wednesday and paused dividend payouts as part of a major review. The Danish company...
Categories: Maritime News

G-7 Aiming to Force Russian Oil Away From Shadow Fleet, UK Official Says

News from gCaptain - Wed, 02/07/2024 - 09:14
(Bloomberg) — A UK official said that Group of Seven nations are aiming to curb Russia’s ability to use a vast shadow fleet of tankers to deliver its oil, the...
Categories: Maritime News

US, UK Ship Investors Hit by Soaring Red Sea Insurance

News from gCaptain - Wed, 02/07/2024 - 09:10
LONDON, Feb 7 (Reuters) – War underwriters have raised the premiums they charge to U.S., British and Israeli firms by as high as 50% for ships transiting the Red Sea and some...
Categories: Maritime News

New Report Sheds Light on Rapid Expansion of Arctic Shipping

News from gCaptain - Wed, 02/07/2024 - 08:17
A new 10-year report by the Arctic Council’s Working Group on the Protection of the Arctic Marine Environment (PAME) highlights a substantial increase in shipping across the Arctic Ocean.  The...
Categories: Maritime News

Austal USA Kicks Off Major Shipyard Expansion

News from gCaptain - Tue, 02/06/2024 - 20:44
Austal USA has kicked off plans to construct a new manufacturing facility, marking a significant expansion of its shipyard capacity in Mobile, Alabama in support of U.S. Navy and Coast...
Categories: Maritime News
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