LPG Tanker Pays Record $4 Million for Panama Canal Slot
By Ruth Liao and Anna Shiryaevskaya (Bloomberg) — A shipper has paid nearly $4 million to jump to the front of the line at the congested Panama Canal
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
By Ruth Liao and Anna Shiryaevskaya (Bloomberg) — A shipper has paid nearly $4 million to jump to the front of the line at the congested Panama Canal
Höegh Autoliners, a leading provider of Pure Car and Truck Carriers (PCTCs), is reporting strong volumes, record rates, and high demand for deep sea PCTC
Inbound cargo volume at the nation’s major container ports is expected to slow during the remainder of 2023 after surpassing the 2 million TEU mark for
Cadeler A/S (OSE: CADLR) has announced the launch of a share exchange offer for all outstanding shares of common stock of Eneti (NYSE: NETI), part of a
Nov 8 (Reuters) – Carbon dioxide emissions from U.S. liquefied natural gas facilities have jumped to 18 million tons per year, up 81% since
A combination of a warm October and worsening drought conditions in the Lower Mississippi Valley has caused water levels along parts of the Mississippi River
Brazilian mining company Vale S.A. has announced its plans to install five Rotor Sails on the world’s largest ore carrier. The agreement between Vale and
U.S. container import volume saw a significant increase in October 2023 compared to September and has even surpassed the levels seen in October 2019 before the
(Bloomberg) — American wheat shipments dropped to the lowest ever, hampered by a shrinking Mississippi River and competition from ample global grain
Update: The lake freighter American Courage, which ran aground in the St. Clair River Tuesday morning at 7:21 a.m. local time, was successfully refloated
Alameda, California-based Saildrone, a leading company in ocean data collection using autonomous vehicles, has achieved a significant milestone by receiving
Ocean Network Express (ONE) has completed its acquisition of significant stakes in three major container terminals on the U.S. West Coast and in Rotterdam. The
The latest Seafarers Happiness Index has raised further concern about the welfare of seafarers, revealing a continuous decline in their happiness. The report,
(Bloomberg) — Dry weather is set to force large oil tankers to completely stop using the Panama Canal, requiring the vessels to extend their voyages by
By Alaric Nightingale (Bloomberg) — Iran’s oil exports dropped for a second month in October, data from a firm that analyzes satellite imagery of
NICOSIA, Nov 5 (Reuters) – U.S. Secretary of State Antony Blinken briefly stopped over in Cyprus on Sunday where a Cypriot proposal to establish a
NEW YORK, Nov 2 (Reuters) – Royal Caribbean Group RCL.N is removing Israel from its 2024 itineraries due to the Israel-Hamas war, according to an
WASHINGTON, Nov 3 (Reuters) – The United States and China held “candid” talks on maritime issues, including on the contested South China
MOSCOW, Nov 3 (Reuters) – Seaborne diesel and gasoil exports from Russian ports fell 11% in October from a month earlier to about 2.55
(Bloomberg) — A.P. Moller-Maersk A/S, a bellwether for global trade, fell after saying it’s cutting at least 10,000 jobs to shield its profitability in
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