gCaptain

🇺🇸🗳️💨Election Jitters, Industry Headwinds Undermine Biden’s Final Offshore Wind Auction A U.S. auction of offshore wind development rights in the Gulf of Maine on Tuesday drew bids for only half of the eight offered leases, for a total of just $21.9 million in high bids, in the latest sign of deep industry malaise. For more: https://lnkd.in/gnbCtc2y 📫 📩Subscribe to our newsletter: https://lnkd.in/gywTiGTj 👇 Follow us on Linkedin: https://lnkd.in/gkQATPAn

🛳️ ⬆ 💰Royal Caribbean Profits Soar With High Demand for Private Destinations Royal Caribbean boosted its annual profit forecast on Tuesday for the fourth time this year, driven by high demand for private destinations and cooler cruise travel spots, as well as multiple ticket price hikes. Read more: https://lnkd.in/g36bhPZv 📫 📩Subscribe to our newsletter: https://lnkd.in/gywTiGTj 👇 Follow us on Linkedin: https://lnkd.in/gkQATPAn

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🦂 🚢Scorpio Tankers Expands into VLCC Sector with DHT Holdings Investment Scorpio Tankers Inc. (NYSE: STNG) has announced a strategic investment in DHT Holdings Inc. (NYSE: DHT), a leading player in the crude tanker market. For more: https://lnkd.in/gRU3NUVv 📫 📩Subscribe to our newsletter: https://lnkd.in/gywTiGTj 👇 Follow us on Linkedin: https://lnkd.in/gkQATPAn

☢️🚢 💧 Nuclear-Powered LNG Carriers: A Potential Game-Changer for Zero-Emission Shipping? The American Bureau of Shipping (ABS) has released a new report exploring the potential use of advanced nuclear technology in maritime applications, aiming to shed light on the feasibility and safety implications of nuclear propulsion in commercial vessels. For more: https://lnkd.in/grD7GcUj 📫 📩Subscribe to our newsletter: https://lnkd.in/gywTiGTj 👇 Follow us on Linkedin: https://lnkd.in/gkQATPAn

🇸🇬 🛢 🚢 Botched Bunkering Leads to 5-Metric-Ton Oil Spill Off Singapore’s Coast The Maritime and Port Authority of Singapore (MPA) has confirmed a significant bunker fuel spill in Singaporean waters off the coast of Changi. For more: https://lnkd.in/gQBtHCKc 📫 📩Subscribe to our newsletter: https://lnkd.in/gywTiGTj 👇 Follow us on Linkedin: https://lnkd.in/gkQATPAn

🏗️🚢Biden Just Announced $3B to Clean Up America’s Ports — Here Are Some of the Key Projects Getting Funding The U.S. Environmental Protection Agency (EPA) on Monday announced the allocation of nearly $3 billion to fund 55 zero-emission projects at ports across the country. https://lnkd.in/ge6rPmAv 📫 📩Subscribe to our newsletter: https://lnkd.in/gywTiGTj 👇 Follow us on Linkedin: https://lnkd.in/gkQATPAn

🚢🚢🚢 ⬇ Too Many Ships, Too Little Demand: LNG Freight Rates Plunge to Multi-Year Lows Liquefied natural gas shipping rates have hit multi-year lows and may extend losses going into 2025, analysts and shipping sources said, with new tankers being added at a faster rate than LNG production is rising and spot demand still tepid. Read more: https://lnkd.in/gQJHZQkT 📫 📩Subscribe to our newsletter: https://lnkd.in/gywTiGTj 👇 Follow us on Linkedin: https://lnkd.in/gkQATPAn

🇷🇺 🌑 ⚓ 60 Minutes’ Dark Fleet Special: How Sanctions-Busting Oil Trade Keeps the Kremlin Afloat In a twist that has left Western policymakers scratching their heads, Russia’s economy has defied expectations and sanctions alike, growing at a rate that outpaces both the United States and Europe. https://lnkd.in/gB_cqTJw 📫 📩Subscribe to our newsletter: https://lnkd.in/gywTiGTj 👇 Follow us on Linkedin: https://lnkd.in/gkQATPAn

🇯🇵🖥️🚢📡Mitsubishi’s New Satellite Tech Uses AI to Unmask ‘Dark Ships’ at Sea Mitsubishi Heavy Industries (MHI) Group is set to deploy an innovative satellite system that combines cutting-edge artificial intelligence with space technology to combat the growing threat of “dark ships” on the world’s oceans. Read more: https://lnkd.in/gBPBggs3 📫 📩Subscribe to our newsletter: https://lnkd.in/gywTiGTj 👇 Follow us on Linkedin: https://lnkd.in/gkQATPAn