Oil Giants Drill Deep as Profits Trump Climate Concerns
By Ron Bousso and Nerijus Adomaitis LONDON, July 3 (Reuters) – Oil and gas companies have intensified the hunt for new deposits in a long-term
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
By Ron Bousso and Nerijus Adomaitis LONDON, July 3 (Reuters) – Oil and gas companies have intensified the hunt for new deposits in a long-term
Barry Parker (gCaptain) – The International Maritime Organization’s MEPC 80 meeting kicked off Monday morning at the IMO headquarters in London, with
A strike by dockworkers in British Columbia, Canada continued into a third day on Monday, with impacts that could result in potential cost increases for
By Mike Wackett (The Loadstar) – Maersk is attempting to undo weeks of heavy discounting on the Asia-North Europe tradelane with a substantial increase
By Jack Wittels (Bloomberg) — In a grey, squat building overlooking the Thames River in London, high-level talks began Monday on how to clean up an
By Jonathan Saul LONDON, July 3 (Reuters) – United Nations Secretary-General Antonio Guterres on Monday called for agreement to reach net zero
by Jahnavi Nidumolu (Reuters) The European Union is considering a proposal for the Russian Agricultural Bank to set up a subsidiary to reconnect to the
By Michael McDonald (Bloomberg) –The Panama Canal will likely keep restrictions on shippers in place this year as a drought has caused water levels
By Randy Thanthong-Knight and Robert Tuttle (Bloomberg) –A strike at Pacific coast ports threatens to disrupt millions of dollars of trade and add
July 1 (Reuters) – Several thousand unionized port workers in Canada’s western province of British Columbia went on strike after failing to reach
By Alex Longley and Serene Cheong (Bloomberg) –An armada of tankers ferrying sanctioned oil around the globe is starting to get younger, bucking a
By Guy Faulconbridge MOSCOW, June 30 (Reuters) – Russia said on Friday it saw no reason to extend the Black Sea grain deal beyond July 17
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
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