Wednesday, May 5, 2021
ship crew-change covid19 pandemic
Shipping

Crew Welfare Charities Launch Fund to Help Indian Seafarers Amid Surging Virus Cases

A group of the leading seafarer welfare charities and other shipping industry stakeholders have launched a $1 million emergency relief fund to support seafarers and their families impacted by the...

19 mins ago
Total Views: 67

container ship
Shipping

Retail Brands Pledge Supply Chain Audit to Help Seafarers Stranded by COVID-19

By K. Oanh Ha (Bloomberg) — Unilever Plc and other big retail brands are among consumer giants adopting a toolkit to audit their shipping supply chains in an effort to help...

54 mins ago
Total Views: 122

Shipping

Low Water on Parana River ‘Trims’ Argentine Farm Exports

By Hugh Bronstein and Maximilian Heath BUENOS AIRES, May 5 (Reuters) – Argentina’s Parana River, the grains superhighway that takes soy and corn from the Pampas farm belt to the...

6 hours ago
Total Views: 680

Katherine Tai nomination hearing
Shipping

Biden Trade Chief Pledges to Build Off Trump’s China Agreement

By Eric Martin (Bloomberg) — President Joe Biden’s chief trade negotiator pledged to build off the deal with China reached under Donald Trump and said that tariff removal will depend on...

7 hours ago
Total Views: 427

APM terminals los angeles
Shipping

Maersk Reports Pandemic-Fueled Record First Quarter

The world’s largest container shipping line A.P. Moller – Maersk reported an “exceptionally strong” first quarter, with the company benefitting from strong pandemic-fueled demand and significant disruptions in global supply...

8 hours ago
Total Views: 466

bulk ship
Shipping

Baltic Dry Index Rises to Highest Level Since June 2010

May 5 (Reuters) – The Baltic exchange’s main sea freight index rose on Wednesday, its highest since mid-2010, boosted by gains across vessel segments. * The Baltic dry index, which...

8 hours ago
Total Views: 591

Tuesday, May 4, 2021
Lumberman tugboat
Shipping

Nuisance Tugboat Scuttled Off Southeast Alaska

The derelict tugboat Lumberman was scuttled at sea off the southeast coast of Alaska on Sunday after it was determined to be a chronic nuisance. The Coast Guard Cutter John...

May 4, 2021
Total Views: 6547

port of los angeles-long beach
Shipping

U.S. Trade Deficit Hits Record in March

By Lucia Mutikani WASHINGTON, May 4 (Reuters) – The U.S. trade deficit jumped to a record high in March amid roaring domestic demand, which is drawing in imports, and the gap could...

May 4, 2021
Total Views: 1465

golden ray section seven
Shipping

gCaptain Weekly – Episode 4

John Konrad and Sal Mercogliano discuss the maritime news of the week in this latest episode of gCaptain Weekly, recorded May 3, 2021. Topics include the red hot container and...

May 4, 2021
Total Views: 1314

ever given
Shipping

Egyptian Judge Rejects Appeal for Release of Ever Given

By Salma El Wardany (Bloomberg) — An Egyptian court upheld a ruling preventing the giant container ship that blocked the Suez Canal from leaving the country, after authorities sought more than...

May 4, 2021
Total Views: 4345

Friday, April 30, 2021
President Biden
Shipping

Keeping It Steady as She Goes: Coast Guard Living Up to Expectations Under the Biden Administration

By Sean T. Pribyl (Holland & Knight) – With President Joe Biden’s 100th-day milestone on April 30, 2021, the U.S. Coast Guard is holding a steady course on its expectations, including those...

April 30, 2021
Total Views: 3681

bulk carrier ship
Shipbuilding

Fewer Orders of New Vessels Supports Dry Bulk Shipping, Cargill Says

By Jonathan Saul LONDON, April 30 (Reuters) – A lack of orders for new ships is providing further support to the dry bulk freight market as demand for commodities accelerates,...

April 30, 2021
Total Views: 3471

movers 3 bulk carrier
Shipping

“Not Welcome” – Australia Bans Aswan Shipping Bulk Carrier for 18 Months

A Panama-flagged bulk carrier operated by Qatari shipping company Aswan Shipping has been banned from Australian ports for 18-months following a lengthy Port State Control detention for “appalling” conditions on...

April 30, 2021
Total Views: 32244

one ship
Shipping

ONE Posts $3.5 Billion Profit in 2020

Japanese ocean carrier Ocean Network Express (ONE) reported a profit of nearly $3.5 billion in FY2020 thanks to ongoing the COVID-19 economic recovery starting in the second half of last...

April 30, 2021
Total Views: 2591

shipping container
Shipping

Freight Rate ‘Contagion’ Could Bring a Two-year ‘Profit Bonanza’ for Ocean Carriers

By Mike Wackett (The Loadstar) – Shippers are bracing for a further broadside of rate increases in June across multiple trades, as ocean carriers beef up profits ahead of the peak season....

April 30, 2021
Total Views: 4199

Employees working at cargo ship Kypros Land which is loading soybeans to China at Tiplam terminal in Santos
Environment

Cargill Steps Up Push to Cut Carbon Emissions from Shipping Fleet

By Jonathan Saul LONDON, April 30 (Reuters) – Cargill, one of the world’s biggest charterers of ships, has cut nearly 1.5 million tonnes of gross carbon emissions from its fleet...

April 30, 2021
Total Views: 2544

Shipbuilding

CMA CGM Orders 22 Containerships at CSSC

French container shipping group CMA CGM has announced a new order for 22 ships ranging in size and fuel type. The order was placed with China State Shipbuilding Corporation with...

April 30, 2021
Total Views: 5098

Thursday, April 29, 2021
seafarer
Shipping

Negotiations Over Seafarers’ Minimum Wage Increase Break Down

Negotiations over the global minimum wage for seafarers have broken down after seafarers’ unions and shipowners failed to agree on a figure following two days of discussions at the International...

April 29, 2021
Total Views: 7906

ever given in great bitter lake
Shipping

Suez Canal Authority Allows Three Crew Members to Leave Ever Given

The Suez Canal Authority has granted permission for three crew members of the Ever Given to be relieved as to their contracts expire, the ship’s technical manager Bernhard Schulte Shipmanagement...

April 29, 2021
Total Views: 5305

Shipping

Soy-Shipping Turmoil Deepens With Argentine Minister’s Death

By Jonathan Gilbert (Bloomberg) — Argentine farmers struggling to ship their crops through increasingly shallow rivers may soon face a new obstacle: One of the world’s key soy waterways needs to...

April 29, 2021
Total Views: 2409