TPM24: Spot Rate Spike Hits Transpacific Contract Negotiations
By Mike Wackett (The Loadstar) – Based upon initial feedback to The Loadstar, there appears to have been only a handful of shippers,
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
By Mike Wackett (The Loadstar) – Based upon initial feedback to The Loadstar, there appears to have been only a handful of shippers,
Richard Cruz and Jaime Pinilla Gomez, the owner and operator of the vessel Stimulus Money, were arrested following the fatal capsizing incident on the Hudson
Supply chains worldwide have been disrupted as trade through the Suez and Panama Canals, two critical shipping routes, has seen substantial declines in recent
LARNACA, Cyprus (Reuters) – By Yiannis Kourtoglou and Stamos Prousalis A ship carrying tonnes of food for Gaza remained docked in
CAIRO, March 10 (Reuters) – The U.S. Army has dispatched a ship to send humanitarian aid to Gaza, Central Command (CENTCOM) said on Sunday, days after
CAIRO, March 9 (Reuters) – U.S., French and British forces downed dozens of drones in the Red Sea area overnight and on Saturday after Yemen’s
By Yiannis Kourtoglou and Stamos Prousalis LARNACA, Cyprus, March 9 (Reuters) – Charity workers loaded relief supplies bound for Gaza on to a barge in
March 8 (Reuters) – The Baltic Exchange’s dry bulk sea freight index rose on Friday and posted a fifth straight weekly gain, supported by
By Claire Jiao (Bloomberg) — Asia could see slower economic growth and a resurgence of inflation as escalating violence in the Red Sea snarls shipping
LARNACA, Cyprus, March 8 (Reuters) – A sea corridor to take desperately needed aid from Cyprus to besieged Palestinians in Gaza could start this
By Brendan Murray (Bloomberg) — Global merchandise trade is struggling to accelerate from a slump last year amid signs that growth in the automotive
Inbound cargo volume at the nation’s major container ports remains poised for year-over-year growth through the first half of 2024 despite disruptions caused
By Mike Wackett (The Loadstar) – Yang Ming slid into the red in the final quarter of 2023, with a net loss of $43m after a profit of $483m in
In February 2024, U.S. container import volumes declined 6% from January, but jumped 23.3% when compared to the same month last year, according to the March
The deaths of three seafarers on board the True Confidence following a Houthi missile strike marks first fatalities since the Houthis stepped up attacks
By Jonathan Landay and Steve Holland WASHINGTON, March 7 (Reuters) – President Joe Biden will announce in his State of the Union speech on
By Gavin van Marle in Long Beach (The Loadstar) – The question of rates and annual contracts – and the effects of the Red Sea crisis on both – may
By Alex Longley (Bloomberg) – A major transport union urged a full halt of merchant ships sailing through the Red Sea, adding to calls for vessels to
SINGAPORE/MOSCOW, March 7 (Reuters) – The Russian tanker Liteyny Prospect, hit by sanctions, has docked at the Chinese port of Huanghua to discharge
By Jonathan Saul LONDON, March 7 (Reuters) – India’s navy evacuated all 20 crew from a stricken vessel in the Red Sea on Thursday, after a
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