Ocean Carriers Face Sharp Earnings Decline
By Mike Wackett (The Loadstar) – The outlook for ocean carriers is a sharp decline in earnings this year, as average freight rates fall and inflation
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
By Mike Wackett (The Loadstar) – The outlook for ocean carriers is a sharp decline in earnings this year, as average freight rates fall and inflation
By Alex Lawler LONDON, March 6 (Reuters) – The United Arab Emirates has been taking more cargoes of Russian crude oil, according to ship tracking data
Conditions in the global supply chain have returned to normal after three-years of pandemic-induced disruptions, according to the Federal Reserve Bank of New
By Enrico Dela Cruz and Adrian Portugal MANILA/POLA, Oriental Mindoro, March 6 (Reuters) – Philippine authorities believe they have found the location
By Sherry Su (Bloomberg) — A large amount of Russian oil continues to be transfered between tankers just a few miles off the coast of Spain — just a
March 6 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest
CAIRO, March 5 (Reuters) – A container ship that broke down in Egypt’s Suez Canal on Sunday causing some traffic to be diverted has
SYDNEY, March 4 (Reuters) – A joint U.S. and Australian law enforcement operation busted an international drug ring after intercepting 2.4
By Áine Quinn and Megan Durisin (Bloomberg) –After a slow start to the season, Russia’s grain exports are booming as buyers load up on its
MILAN, March 4 (Reuters) – Italy’s government will hold a cabinet meeting near the southern seaside town where dozens of bodies washed ashore
By Vel Moonien in Mauritius, On Sunday, February 19th, a 98-ton Taiwanese-flagged longliner named Lien Sheng Fa lost radio contact with Taipei while cruising
Platts, part of S&P Global Commodity Insights, has announced the launch of daily carbon-accounted container freight assessments on 10 key routes from March
By Augustin Turpin and Dina Kartit March 3 (Reuters) – CMA CGM expects the marked slowdown seen in the fourth quarter of 2022 to continue in the
By Timothy Gardner and Jarrett Renshaw WASHINGTON, March 3 (Reuters) – The Biden administration is holding talks with global energy companies
Norwegian roll-on/roll-off (RoRo) provider Höegh Autoliners has exercised an option to purchase back another one of its bareboat chartered vessels—its fifth
By Marianna Parraga HOUSTON, March 2 (Reuters) – U.S. exports of liquefied natural gas (LNG) were flat last month at 6.84 million
Researchers have discovered the intact wreck of the sailing ship Ironton in Lake Huron, which has been remarkably well preserved by the lake’s cold
By Mike Wackett in Long Beach (The Loadstar) – Ocean carriers attending the S&P Global TPM conference in Long Beach this week are owning up to
Hapag-Lloyd posted a record $18 billion net profit in 2022 as the German shipping line celebrated its 175th year in business. Higher freight rates and
By Jonathan Browning (Bloomberg) — The Dutch salvage firm that helped prevent a global freight bottleneck when it dislodged a massive container
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