Transpacific Freight Rates Come Off the Boil as Carriers Ease Premium Fees
By Mike Wackett (The Loadstar) – Ocean carriers are offering significant discounts on Asia exports to the US and Europe as the traditional slack season
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
By Mike Wackett (The Loadstar) – Ocean carriers are offering significant discounts on Asia exports to the US and Europe as the traditional slack season
By Blake Schmidt (Bloomberg) — Wang Jing, the Chinese ex-billionaire behind Nicaragua’s ambitious interoceanic canal
Nov 12 (Reuters) – The Baltic Exchange’s dry bulk sea freight index eased on Friday, but posted its first weekly rise in five weeks, helped by
A bulk carrier carrying a chemical cargo has been given the boot from South Africa’s Port of Durban after it began spewing toxic fumes during cargo
By Jonathan Saul and Simon Jessop LONDON, Nov 12 (Reuters) – Shipping companies that transport the world’s coal are in the crosshairs of
The UN International Maritime Organization (IMO) will establish an International Day for Women in Maritime, a move some say has been a long time coming. The
By Augusta Saraiva (Bloomberg) — The head of the organization representing companies in labor relations at the U.S.’s largest ports is worried that
By Christopher Jasper (Bloomberg) — Shipping routes for the transport of iron ore from Australia to Japan and containerized goods from East Asia to
How will shipping decarbonize; what’s the path? That’s the $2 Trillion – $4 Trillion question, depending which set of prognosticators that you are
Last month, allegations by U.S. Merchant Marine Academy Midshipman X of being sexually assaulted on a commercial ship during her Sea Year training were posted
By Toby Sterling AMSTERDAM, Nov 11 (Reuters) – Congestion and bottlenecks in moving container traffic through the Port of Rotterdam, Europe’s
The crew of a Reederei Nord bulk carrier came to the rescue of seven commercial fishermen after their vessel caught fire approximately 350 miles west of
By Ari Natter (Bloomberg) — President Joe Biden faces growing pressure from fellow Democrats to address rising gasoline prices by taking steps that
By Mike Wackett (The Loadstar) – South Korean ocean carrier HMM has wiped out two-thirds of the losses it incurred in the past five years with a
By Jarrett Renshaw and Andrea Shalal Nov 10 (Reuters) – U.S. President Joe Biden will visit the Port of Baltimore on Wednesday to tout billions of
By Jonathan Saul and Elizabeth Piper GLASGOW, Nov 10 (Reuters) – A coalition of 19 countries including Britain and the United States on Wednesday agreed
French shipping giant CMA CGM has announced a long-term strategic partnership with French utility company ENGIE to help develop decarbonized fuel for shipping.
By Gleb Stolyarov MOSCOW, Nov 9 (Reuters) – Russia’s far east is grappling with a shortage of some essential goods due to logjams at its ports
Norwegian roll-on/roll-off shipping company Wallenius Wilhelmsen has reported third quarter earnings before interest, taxes, depreciation, and amortization
By Eric Martin (Bloomberg) — U.S. supply chains will take “some number of months” to normalize next year, and vaccine mandates for companies will
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