WTO Says Trade Growth Estimates Appear ‘Overly Optimistic’
By Philip Blenkinsop BRUSSELS, Jan 29 (Reuters) – The World Trade Organization will likely cut its estimates for goods trade growth for 2023 and 2024
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
By Philip Blenkinsop BRUSSELS, Jan 29 (Reuters) – The World Trade Organization will likely cut its estimates for goods trade growth for 2023 and 2024
Overseas Shipholding Group, Inc. (NYSE: OSG), a major provider of US-flag liquid bulk transportation services in the energy sector, has confirmed the receipt
Ocean Network Express (ONE) is making strides towards its goal of net-zero emissions by 2050 with the recent approval in principle (AiP) for an ammonia
(Bloomberg) — A missile attack on Friday on a tanker taking Russian fuel through the Gulf of Aden may prove to be a defining moment for an oil
By Tony Czuczka Jan 28, 2024 (Bloomberg) –President Joe Biden’s energy security adviser said the impact of Houthi rebel attacks on commercial
By Anna Shiryaevskaya, Ruth Liao and Stephen Stapczynski Jan 27, 2024(Bloomberg) –Europe, long-reliant on Russian natural gas, has nearly severed
DUBAI, Jan 27 (Reuters) – Commodities trader Trafigura said on Saturday it was assessing the security risks of further Red Sea voyages after
The fire on board the Marshall Islands-flagged tanker Marlin Luanda is out and all crew are safe. The situation on board was confirmed by the ship’s
Update: Fire Out on Marlin Luanda A British-owned tanker has suffered a fire after being hit by a Houthi missile in the Gulf of Aden on Friday. The UK
(Bloomberg) — Piracy off Somalia’s coast has increased since maritime security was disrupted by Houthi militants’ attacks on ships in the Red Sea in
(Bloomberg) — Saudi Aramco, the world’s largest oil company, is continuing to send tanker loads of crude and fuels through the southern Red Sea, where
In a significant step towards carbon-neutral shipping, Danish shipping conglomerate Maersk has christened Ane Maersk, the world’s first large
The United Nations Conference on Trade and Development (UNCTAD) has sounded the alarm over rising disruptions in global trade due to escalating geopolitical
By Parisa Hafezi and Andrew Hayley DUBAI, Jan 26 (Reuters) – Chinese officials have asked their Iranian counterparts to help rein in attacks on ships
By Timothy Gardner WASHINGTON, Jan 26 (Reuters) – President Joe Biden paused approvals for pending and future applications to export liquefied
By Marwa Rashad and Pietro Lombardi LONDON/MADRID, Jan 25 (Reuters) – Qatar, one of the world’s largest liquefied natural gas (LNG) exporters,
The European Commission, along with various EU Member States and agencies, have launched the European Ports Alliance Public Private Partnership to combat drug
SEACOR Marine Holdings has announced plans to convert four platform supply vessels (PSVs) to hybrid battery power. The company on Thursday announced it a deal
By Jennifer A. Dlouhy, Jennifer Jacobs and Ruth Liao (Bloomberg) — The Biden administration is set to unveil plans within days for intensifying
By Mike Wackett (The Loadstar) – Brokers are reporting more “heightened activity” in the containership charter market as ocean carriers fight to
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