MSC Lead Transpacific Capacity Exodus as ZIM Bucks the Trend
By Alex Lennane (The Loadstar) – Ocean carriers have removed almost a quarter of their capacity from the transpacific tradelane in the past year as
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
By Alex Lennane (The Loadstar) – Ocean carriers have removed almost a quarter of their capacity from the transpacific tradelane in the past year as
Japanese shipping companies Mitsui O.S.K. Lines, Ltd. (MOL) and Nippon Yusen Kabushiki Kaisha (NYK Line) have separately announced receiving approvals for new
By John Konrad (gCaptain) Shipping, a stalwart industry often found clinging to antiquated practices and methodologies, has rarely been associated with
By Mike Wackett (The Loadstar) – There are now clear signs that the weak demand for ocean freight is beginning to impact the hitherto insulated
The U.S. Environmental Protection Agency (EPA) has settled with shipping Swire Shipping and MMS Co. over claims Clean Water Act violations, specifically
Cool Company Limited (NYSE: CLCO) on Wednesday announced it has exercised purchase options for the acquisition of two newbuild LNG carriers scheduled to
The British Columbia Maritime Employers Association (BCMEA) has received a formal, written 72-hour strike notice from the International Longshore and Warehouse
London-based petrochemicals manufacturer INEOS Energy Trading has signed long-term charter agreements with Mitsui O.S.K. Lines (MOL) for two newbuild LNG
Canada has signed agreements with Georgia, the Philippines, and the United Kingdom to allow their certified seafarers to work onboard Canadian vessels, part of
PANAMA CITY, June 27 (Reuters) – The Panama Maritime Authority (AMP) said on Tuesday it would continue to clean up its fleet to prevent
(Bloomberg) — The transfer of Russian crude between tankers at sea has shifted away from Ceuta, a Spanish enclave in North Africa, amid mounting pressure
Finnish technology group Wärtsilä has been contracted by Swedish ferry operator Stena Line to convert some of its vessels to operate on methanol fuel. The
The Panama Canal Authority is marking the seventh anniversary of the opening of its expanded Neopanamax locks, facing what may be its most significant
(Bloomberg) — Russia’s seaborne crude oil flows to international markets slumped last week but maintenance work, rather than output cuts,
Danaos Corporation (NYSE:DAC), one of the world’s largest independent owners of containerships and the largest shareholder of Eagle Bulk Shipping
Scorpio Tankers has secured commitments for a $1 billion term loan and revolving credit facility, which will be used to finance 45 unencumbered product
KYIV, June 27 (Reuters) – Ukraine must be ready to export grain almost exclusively via its Danube River ports because Russia is effectively
Republican presidential candidate Ron DeSantis, the current Governor of Florida, is calling for the U.S. Navy and Coast Guard to block Mexican ports to help
With the International Maritime Organization (IMO) set to finalize its strategy for reducing greenhouse gas emissions shipping next month, Dutch researcher CE
By Manolo Serapio Jr. (Bloomberg) — The Philippines, one of the world’s top suppliers of maritime labor, expects its seafarer deployment recovering to
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