Port of New York and New Jersey Hopes New Container Imbalance Fee Can Help Clear Empty Containers
The Port Authority of New York and New Jersey has announced a new “container imbalance fee” for ocean carriers to help clear long-dwelling empty
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
The Port Authority of New York and New Jersey has announced a new “container imbalance fee” for ocean carriers to help clear long-dwelling empty
Maersk reports its 15th consecutive quarter with year-on-year earnings improvements. A.P. Moller – Maersk (Maersk) reported a net profit of $8.6 billion
By Jack Wittels and Kwaku Gyasi (Bloomberg) — Water levels on the Rhine River are set to fall perilously close to the point at which it would
Lingering congestion in container shipping is continuing to buoy high freight rates, leading the world’s number two ocean carrier to upgrade its earnings
By Jonathan Saul LONDON, Aug 1 (Reuters) – Key arrangements including procedures for ships still need to be worked out before empty vessels can
Seafarer happiness levels are recovering after reaching a record low last quarter as optimism returns, according to the Seafarers Happiness Index report
AMSTERDAM, Aug 1 (Reuters) – Low water levels in the Rhine are worsening capacity shortages at Dutch river barges, a spokeswoman for the
By Natalia Zinets KYIV, Aug 1 (Reuters) – The first ship to carry Ukrainian grain through the Black Sea since Russia invaded Ukraine five months ago
By Youssef Diab and Omar Tamo Jul 31, 2022 (Bloomberg) –Lebanon has seized a ship loaded with barley and wheat flour while it determines whether the
By Taylan Bilgic and Áine Quinn Jul 31, 2022 (Bloomberg) –The first ship to export Ukrainian grain since an agreement was reached for the safe
By Natalia Zinets KYIV, July 31 (Reuters) – Heavy Russian strikes hit the southern Ukrainian port city of Mykolaiv overnight and early on
Hawaii-based Pasha Hawaii has taken delivery of the MV George III, the first LNG-powered ship on the U.S. West Coast and the first to serve Hawaii. The Jones
Ocean Newtork Express reported record profit of $5.5 billion in the first quarter of 2022, more than doubling its profit from the same period last year. ONE
By Áine Quinn, Salma El Wardany and Volodymyr Verbyany (Bloomberg) — Ukraine said it’s close to restarting grain shipments, although the timing will
The U.S. Federal Maritime Commission (FMC) is reporting progress in implementing requirements of the Ocean Shipping Reform Act of 2022 (OSRA), which President
The U.S. Coast Guard and local law enforcement are investigating two recent laser strike incidents against two USCG small boats participating in search and
By Mike Wackett (The Loadstar) – The threat of dock strikes at Felixstowe and Liverpool next month, together with the potential resumption of
Oslo-based freight benchmarking and market intelligence platform Xeneta believes long-term container shipping rates may have finally peaked, although they are
The largest and most ambitious ocean cleanup project in history is claiming its first 100,000 kg of plastic removed from the Great Pacific Garbage Patch. The
German ocean carrier Hapag-Lloyd posted earnings growth in the first half of 2022 as higher freight rates offset flat volumes, leading the liner to raise its
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