Capesize Rally Helps Baltic Dry Index to Best Day in Over a Month
Sept 1 (Reuters) – The Baltic Exchange’s main sea freight index .BADI, tracking rates for ships carrying dry bulk commodities, rose
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
Sept 1 (Reuters) – The Baltic Exchange’s main sea freight index .BADI, tracking rates for ships carrying dry bulk commodities, rose
The Chief Engineer of a foreign flagged bulk carrier has been sentenced to a year plus one day in prison for deliberately discharging oil-contaminated bilge
As more and more electric vehicles (EVs) and battery-powered electronic devices are being transported by ships, highly inflammable lithium-ion batteries are
By Barry Parker (gCaptain) – Moving deep into 2022’s Q3, the shares in listed tanker companies have been dominating investor interest, as attention has
By Jeannette Neumann and Augusta Saraiva (Bloomberg) — Supply-chain obstacles are forcing US retailers to rewire their shipping routes. The early
The container market may be softening, but long-term freight rates are still through the roof. A new report released Wednesday by ocean freight benchmarking
By Augusta Saraiva and Kim Chipman (Bloomberg) — US nut exporters — fed up with delays at California’s Port of Oakland — are in talks with
KYIV, Aug 31 (Reuters) – Grain silos in Ukraine’s second biggest port, Mykolaiv, were hit by Russian shelling of the city on Tuesday,
Dutch marine services company Royal Boskalis Westminster N.V. (Boskalis) and Curaçao-based HAL Holding have reached an agreement on an increased offer price
Israeli-based shipping line ZIM Integrated Shipping Services (NYSE: ZIM) has signed a ten-year sales and purchase agreement with Shell for the supply of LNG
By Will Mathis and Akshat Rathi (Bloomberg) — Green fuels and new engines to consume them could help limit climate-warming emissions from
CAIRO, Aug 30 (Reuters) – Egypt’s finance ministry has put in place a package of measures to clear a backlog of goods piled up in port, a
A bulk carrier suffered significant damage and is partially sunk following a collision with an LNG carrier off the coast of Gibraltar on Monday. A survey
By Samy Adghirni and Tara Patel (Bloomberg) –French container line giant CMA CGM SA is seeing an across-the-board drop in shipping rates and a
By Jack Wittels (Bloomberg) –The Rhine River’s water level at a key waypoint is set to decline in the coming days, curbing the amount of cargo
By David Goodman and Jack Wittels (Bloomberg) –Britain has yet to completely remove its reliance on Russian fuel, according to data that contradicts an
KYIV, Aug 27 (Reuters) – Merchant sailors will be allowed to leave Ukraine if they receive approval from their local military administrative body, the
Maersk and China International Marine Containers (CIMC) have abandoned plans for the sale of Maersk’s reefer container business to CIMC after a U.S.
Aug 25 (Reuters) – The Baltic Exchange’s main sea freight index .BADI registered its worst fall in three months on
By Maia Kemp-Welch (The Loadstar) – A Federal Maritime Commission (FMC) emergency order “won’t be enough” to alleviate supply chain congestion in
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