Cascading Tonnage Threatens Smaller Box Ships
By Mike Wackett (The Loadstar) – Ocean carriers are busy cascading bigger ships on to secondary trades in order to absorb some of their surplus tonnage
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
By Mike Wackett (The Loadstar) – Ocean carriers are busy cascading bigger ships on to secondary trades in order to absorb some of their surplus tonnage
by Jason Neely (Reuters) Europe’s ban on seaborne Russian oil imports from Dec. 5 has prompted Moscow to divert its crude flows to Asia and failed to
Norwegian billionaire John Fredriksen has increased his stake in Belgian tanker company Euronav in wake of Frontline terminating its combination agreement with
By Julian Lee (Bloomberg) Russia’s seaborne crude exports soared last week to the highest level since April, suggesting that the country has —
Classification society DNV is confirming that a recent ransomware cyber attack on its fleet management software has impacted around 1,000 ships. The cyber
By Jeslyn Lerh (Reuters) Equatorial Marine Fuel Management Services rose one spot to become the top marine fuel supplier at world’s largest bunkering hub
By Alex Lawler, Bozorgmehr Sharafedin and Chen Aizhu LONDON, Jan 15 (Reuters) – Iranian oil exports hit new highs in the last two months of 2022 and
By Lucia Kassai (Bloomberg) –Chevron Corp. sold a cargo of Venezuelan oil to another US refiner in the first such transaction
The U.S. maritime Administration is seeking public comment on a draft plan to decommission the NS Savannah, the world’s first nuclear powered merchant
By Jeslyn Lerh SINGAPORE, Jan 13 (Reuters) – Sales of marine fuel in Singapore, including sales of liquefied natural gas and biofuels, fell
U.S.-based shipping company TOTE Services is announcing a significant milestone with the 300th fueling operation by its LNG bunker barge Clean Jacksonville at
By Michele Kambas NICOSIA, Jan 13 (Reuters) – Cyprus has suggested automatic renewals of tonnage tax systems as one of a series of measures to
By Nidhi Verma and Chen Aizhu NEW DELHI/SINGAPORE, Jan 13 (Reuters) – At least four Chinese-owned supertankers are shipping Russian
By Julian Lee (Bloomberg) — Sweeping European sanctions on the purchase and transportation of Russian oil have prompted the country to transport more
By Mike Wackett (The Loadstar) – Ocean carriers do not expect consumer demand in North Europe to recover until at least March, when they hope container
By Kevin Varley (Bloomberg) — A mass exodus out of East Asia seems unlikely for US manufacturers in 2023, with any decision to diversify supply chains
A 72-year-old Virginia man has pleaded guilty to two conspiracies to do business in Iran without obtaining the necessary licenses or permissions in violation
A dockworker at the Port of Long Beach has pleaded guilty to fraudulently billing his union’s health care plan for sexual services. Defendant Cameron
A UK ship pilot has died following an accident during pilot transfer in northern England’s Humber estuary. The accident took place January 8, 2023 while
A federal judge in Florida has ruled that a sex trafficking and forced labor lawsuit against Jacksonville-based Crowley can proceed. The judge also granted
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