New York Draws Rare Jones Act Cargoes as Fuel Stocks Drop
By Chunzi Xu (Bloomberg) — New York gasoline inventories are so low that suppliers are resorting to expensive US vessels to move fuel into the region
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
By Chunzi Xu (Bloomberg) — New York gasoline inventories are so low that suppliers are resorting to expensive US vessels to move fuel into the region
By Ira Breskin, The New York Shipping Exchange now offers performance-monitoring software. NYSHEX’s first commercial software product, introduced earlier
BERLIN, Aug 22 (Reuters) – Germany is set to make rail transport for power plants and refineries a priority this week to ensure supply, even
ANKARA/KYIV, Aug 20 (Reuters) – Two more ships carrying grain have left Ukraine’s Chornomorsk port, Turkey’s Defence Ministry said
By Matthew Hill and Sergio Chapa (Bloomberg) –Mozambique is poised to ship its first cargo of liquefied natural gas overseas, joining the ranks of
The Big River just got a whole lot bigger. Well, technically deeper. The U.S. Army Corps of Engineers (USACE) has marked the completion of the first two phases
Aug 19 (Reuters) – The Baltic Exchange’s main sea freight index declined to its lowest level since December 2020 on Friday, pressured
While inbound container growth appears to be flattening for now, the long-term outlook spells trouble for U.S. ports. Liner industry veteran John McCown,
(Bloomberg) — Ukrainian grain flows are pushing down global prices as the newly opened crop-export corridor shows initial success. More than 500,000
By Fedja Grulovic PRAHOVO, Serbia, Aug 19 (Reuters) – Europe’s worst drought in years has pushed the mighty river Danube to one of its
As if the pandemic hasn’t created enough problems for seafarers. Try also not getting paid. The International Transport Workers’ Federation came out
KYIV, Aug 19 (Reuters) – A further ten cargo ships are being loaded with grain in Ukrainian Black Sea ports and being prepared for shipment under a
By Mike Wackett (The Loadstar) – Container spot rates from China to Middle East and intra-Asia routes are reported to have “collapsed” this week,
By Bloomberg News (Bloomberg) — The fallout from Russia’s invasion of Ukraine is still making waves in the shipping market, with more older tankers
French ocean carrier CMA CGM has announced the deployment of the first buoys that will aid in the protection of endangered North Atlantic right whales from
Finnish-based wind propulsion specialist Norsepower has received a contract to supply its Rotor Sails technology on board two liquefied CO2 carriers
South Carolina Ports is marking the completion of its years-long infrastructure project as its fifteenth and final ship-to-shore crane is now operational at
Aug 18 (Reuters) – The Baltic Exchange’s main sea freight index fell on Thursday as capesize vessel rates saw their biggest daily plunge
By Jack Wittels and Brian Wingfield (Bloomberg) — Water levels on the Rhine are set to rise over the weekend, potentially providing some respite to a
DUBAI, Aug 18 (Reuters) – Dubai-owned ports giant DP World reported on Thursday a record $721 million first-half profit boosted
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