Forecast Warns Link Between Container Traffic and Global Economic Growth Could Decline in Recovery
By Gavin van Marle (The Loadstar) – As economies continue to rebound, global container trade is expected to grow by 5.8% this year, according
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
By Gavin van Marle (The Loadstar) – As economies continue to rebound, global container trade is expected to grow by 5.8% this year, according
By Arsalan Shahla (Bloomberg) — Iran said it will soon export oil from a new port that allows it to bypass the Strait of Hormuz, as nuclear talks
TOKYO, May 19 (Reuters) – Japanese shipping company Mitsui OSK Lines (MOL) said on Wednesday it will accelerate efforts to build a global
A new SEC filing shows that the Scion Asset Management, the private investment firm founded and led by famed investor Dr. Michael Burry, purchased about $10.5
By Humeyra Pamuk and Nikolaj Skydsgaard REYKJAVIK, May 18 (Reuters) – U.S. Secretary of State Antony Blinken on Tuesday criticized Russia’s
The Port of Houston has started construction on the project to widen and deepen the 52-mile Houston Ship Channel. The project, known Project 11, will widen the
By Brendan Murray (Bloomberg) — Ship congestion outside the busiest U.S. gateway for trade with Asia showed glimmers of easing as port officials
In this latest episode of gCaptain Weekly, John Konrad and Sal Mercogliano discuss the Colonial Pipeline shutdown, the Jones Act waivers issued by the DHS and
By Gavin van Marle (The Loadstar) – The spectre of blank sailings may be about to return to haunt shippers and forwarders on the Asia-Europe trades, as
By Krystal Chia and Debjit Chakraborty (Bloomberg) — India’s devastating Covid-19 crisis is threatening operations at some of its biggest
CAIRO, May 15 (Reuters) – The Suez Canal Authority (SCA) has started dredging work to extend a second lane that allows for two-way traffic in a southern
By Laura Sanicola and Susan Heavey NEW YORK/WASHINGTON, May 14 (Reuters) – The Biden administration granted oil refiner Citgo Petroleum a Jones Act
By Stephanie Kelly NEW YORK, May 14 (Reuters) – The U.S. capital was running out of gasoline on Friday, even as the country’s largest fuel pipeline
The U.S. Department of Homeland approved a second Jones Act waiver late Thursday in response to the Colonial Pipeline shutdown, which has now been reopened.
The U.S. Coast Guard lifted the waterway restriction on the Mississippi River near I-40 bridge in Memphis, Tennessee after it was deemed safe for vessels to
UPDATE: The Biden administration has issued a second waiver of U.S. shipping requirements as it seeks to get more fuel to the East Coast in the wake of the
We’re hearing from maritime unions and other stakeholders regarding the Jones Act waiver that Department of Homeland Security Secretary Alejandro
By Mike Wackett (The Loadstar) – Four-year-plus charter deals are becoming the norm as shipowners ratchet up the pressure on liner companies. As their
By Jonathan Saul, Devika Krishna Kumar and Laura Sanicola LONDON/NEW YORK, May 12 (Reuters) – Efforts to get fuel supplies to areas in the United States
Waterfront Shipping this week performed the first barge-to-ship bunkering of methanol fuel at the Port of Rotterdam. The bunkering operation took place at the
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