Shippers Frustrated as Spot rates Rise Alongside Demand
By Gavin van Marle (The Loadstar) – A strengthening demand scenario on the Asia-European trades appears to have caught carriers and forwarders by
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
By Gavin van Marle (The Loadstar) – A strengthening demand scenario on the Asia-European trades appears to have caught carriers and forwarders by
By Steve Holland WASHINGTON, May 2 (Reuters) – Russia has been quietly shipping refined petroleum to North Korea at levels that
By Bloomberg News (Bloomberg) — Russia’s state-controlled gas giant reported its first annual net loss since 1999 on falling shipments to Europe and
Ocean carriers are walking a tightrope between risk and reward in new long-term contract negotiations, as uncertainty in the Red Sea continues to cast a shadow
By Malte Humpert (gCaptain) – In an effort to further disrupt Russia’s ability to develop Arctic gas and oil projects the U.S. State Department
A.P. Moller – Maersk has revised its financial guidance for 2024 after a strong Q1. The company now expects an underlying EBIT of USD -2.0 to 0.0 billion
The March 26 collapse of the Francis Scott Key Bridge and subsequent closure of the Port of Baltimore has led to the diversion of containers originally bound
May 1 (Reuters) – Logistical constraints at the Port of Vancouver mean waterborne oil exports from the highly anticipated Trans Mountain pipeline
SAO PAULO, May 1 (Reuters) – The El Nino climate phenomenon, not climate change, drove lower rainfall last year that reduced the Panama
Alphaliner reports a record month for containership newbuild deliveries in April, surpassing the previous record set in March. A staggering 50 new ships were
A new video released by the Iranian-backed Houthis appears to show an attack on a Maltese-flagged bulk carrier in the Red Sea on Monday. The footage, which has
A navigation error by a pilot led to a 600-foot-long tanker striking a pier at the Joint Base Charleston’s Naval Weapons Station in South Carolina, the
LONDON, April 30 (Reuters) – A group of Western insurers has said a Russian oil price cap has become unenforceable and only pushed more ships into
Maritime authorities are reporting that a MSC containership sustained minor damage from an Unmanned Aerial Vehicle (UAV) in the Indian Ocean approximately 300
The latest Seafarer Happiness Index (SHI) report by the Mission to Seafarers shows an increase in overall happiness among seafarers, attributed to better
BEIJING/MANILA, April 30 (Reuters) – The Philippines on Tuesday accused China’s coast guard of harassment and of damaging two
By Jack Wittels (Bloomberg) — Ships seeking to avoid ongoing attacks by Houthi rebels in the Red Sea area are emitting millions of additional tons
By Nayera Abdallah and Enas Alashray DUBAI/CAIRO, April 30 (Reuters) – Yemen’s Houthis said they targeted the MSC Orion container ship in a
By Alex Longley and Julian Lee (Bloomberg) — A Group of Seven-imposed cap on the price of Russia oil is becoming increasingly unenforceable, an
Hapag-Lloyd has launched real-time container tracking on most of its nearly 3 million strong fleet, becoming the first container shipping line to introduce a
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