Top Freight Forwarder Says Containergeddon Will Last A “Very Very Long Time”
by Stine Jacobsen (Reuters) Chaotic conditions in the freight sector and sky-high prices for transporting goods will persist for “a very very long
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
by Stine Jacobsen (Reuters) Chaotic conditions in the freight sector and sky-high prices for transporting goods will persist for “a very very long
By Ana Monteiro (Bloomberg) — The U.S.’s biggest retail lobby asked Congress to pass a $1.2 trillion infrastructure package as well as update shipping
In its latest update addressing supply chain disruptions, the world’s top shipping company Maersk said the challenges the United States is facing with
The drybulk market, described a few weeks ago as “overheated” or “on fire”, has been inching back to a calmer and cooler situation. Interestingly,
CEOs from the world’s biggest shipping companies and government representatives from maritime states will convene in Glasgow at a cross-industry
By Jack Wittels (Bloomberg) — Liquefied gas has a strong future as a marine fuel, even if shipping’s global regulator adopts stricter emissions
TOKYO, Oct 26 (Reuters) – Japan’s Nippon Yusen KK (NYK) and its partners said on Tuesday they will conduct a demonstration project to develop
The Ports of Los Angeles and Long Beach have announced a plan to begin charging a daily fee to ocean carriers for import containers that linger in marine
By Mike Wackett (The Loadstar) – Shippers from Asia to North Europe are being given conflicting information on vessel ETAs by carriers in the same
Houston-based liquefied natural gas producer and exporter Cheniere Energy has announced a binding long-term agreement on the sale and purchase of LNG with
Oct 25 (Reuters) – Amazon.com Inc said on Monday it had doubled its container processing capacity and secured more shipping storage from ocean
The Baltic Dry Index, at 4,257 points, has now fallen over 24% from its 13-year peak earlier this month. Oct 25 (Reuters) – The Baltic Exchange’s
By Brendan Murray (Bloomberg) –Officials in Long Beach, California, relaxed restrictions on storing shipping containers in a bid to ease a
By Marcelo Teixeira NEW YORK, Oct 22 (Reuters) – Food traders are switching from containers back to dry bulk vessels to transport refined sugar and rice,
By Sergio Chapa, Anna Shiryaevskaya and Ann Koh (Bloomberg) — Production issues at two of the largest U.S. liquefied natural gas export terminals
Boston-based Sea Machines Robotics announced today that it has completed the world’s first 1,000+ nautical miles autonomous and remotely commanded journey of
By Kevin Varley (Bloomberg) — The backlog of ships outside the twin ports of Los Angeles and Long Beach — America’s largest gateway for ocean
Israeli shipping line ZIM Integrated Shipping Services (NYSE: ZIM) confirmed today the purchase of seven secondhand containerships this month for a total price
By Uday Sampath Kumar Oct 21 (Reuters) – Mattel Inc on Thursday raised its 2021 sales forecast, saying it would overcome
By David Lawder WASHINGTON, Oct 21 (Reuters) – Trade chiefs from the developed world’s economic powerhouses gathering on Friday have few options at
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