Port Operator DP World Sees Lasting Supply Chain Disruptions: ‘Maybe in 2023’
By Adveith Nair and Manus Cranny (Bloomberg) — Dubai’s DP World, one of the biggest global port operators, expects supply chain bottlenecks that have
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
By Adveith Nair and Manus Cranny (Bloomberg) — Dubai’s DP World, one of the biggest global port operators, expects supply chain bottlenecks that have
By Ashitha Shivaprasad Sept 30 (Reuters) – The Baltic Exchange’s main sea freight index eased on Thursday, but still gained about 53% for the
Today, and every September 30th, is World Maritime Day, a United Nation’s day of observance to recognize the maritime industry’s contribution to the
FRANKFURT, Sept 30 (Reuters) – Global container shipping problems related to post-COVID 19 logistics problems have intensified in the third
A group of some of the world’s top trade organizations representing transport workers from across maritime, aviation and trucking are calling on the
By Balazs Koranyi and Francesco Canepa FRANKFURT, Sept 29 (Reuters) – Supply constraints thwarting global economic growth could still get worse, keeping
The Baltic Dry Index set its all-time record of over 11,000 points during the 2007-2008 commodities super cycle. Could we be headed for super cycle 2.0? Sept
By Bloomberg News (Bloomberg) — China’s power crisis looks set to spur it to import more coal from a wider range of producers, putting it into
German liner company Hapag-Lloyd is investing in JadeWeserPort Wilhelmshaven, Germany’s largest harbor project and only deep-water container port.
Sept 28 (Reuters) – The Baltic Exchange’s main dry bulk sea freight index extended its rally on Tuesday, rising about 5% to its highest in 13
Costco has chartered three container ships and leased thousands of containers as the membership-based wholesale retailer looks to secure the delivery of
China International Marine Containers has struck a deal with A.P. Moller – Maersk to acquire Maersk Container Industry, a leading manufacturer of
By Isis Almeida (Bloomberg) — The pandemic-driven shopping spree is having at least one unintended consequence: emissions from shipping are on the rise
By Martina Li in Taiwan (The Loadstar) – Factories in at least ten Chinese provinces have either cut output or closed temporarily this month,
China’s October Golden Week, Christmas and Chinese New Year will bolster strong demand for container shipping for the last quarter of 2021. But port
Sept 27 (Reuters) – The Baltic Exchange’s main dry bulk sea freight index rose to its highest level in 13 years on Monday, bolstered by robust
Containership leasing company Seaspan Corporation announced Monday it has entered into an agreement with another for ten new containerships, bringing its
By Deisy Buitrago, Marianna Parraga and Matt Spetalnick CARACAS/HOUSTON/WASHINGTON, Sept 25 (Reuters) – Venezuela has agreed to a key contract to swap
Bloomberg) — Shipments from a U.S. West Coast terminal that handles almost 20% of the nation’s soybean meal exports have been curbed while damage from
Cyprus-based shipping company Diana Wilhelmsen Management Limited was sentenced this week in U.S. federal court to a $2 million fine for concealing illegal
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