Ever Forward Grounding Follows East Coast Ports’ Rush to Expand
By Augusta Saraiva (Bloomberg) — The $5.25 billion expansion of the Panama Canal doubled its capacity in 2016, allowing the world’s largest cargo
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
By Augusta Saraiva (Bloomberg) — The $5.25 billion expansion of the Panama Canal doubled its capacity in 2016, allowing the world’s largest cargo
By Jon Nazca GIBRALTAR, March 21 (Reuters) – A luxurious super-yacht linked to the owner of Russia’s largest steel pipe maker, who is
President Biden’s $1.5 trillion federal spending bill includes funds for ten tankers and two cable layers to be added to the U.S. Maritime
The top international cean carriers serving the U.S. market have been requested to begin sharing information with the Federal Maritime Commission about export
By Chunzi Xu (Bloomberg) — U.S. ports are set to admit more Russian fuel oil than they’ve seen in eight months under contracts signed prior to the
Update: Russian Landing Ship ‘Orsk’ Destroyed at Port of Berdiansk, Ukraine Claims March 21 (Reuters) – Russia’s armed forces said on
The queues of anchored vessels on the West Coast are shrinking- now with a “60” or “70” handle, down from the print of over 100 vessels at end 2021.
Tawainese shipping company Wan Hai Lines (WHL) says it will begin charging shippers with steep fines for misdeclared cargoes. “From now on, if the
(Bloomberg) — War in Ukraine and drought in Brazil have global crop importers turning to the U.S., and the pivot means costs to ship grains and soybeans
A salvage plan and timeline for refloating of the Ever Forward containership firmly stuck in Chesapeake Bay remains uncertain now almost five full days since
By Ruma Paul and Jonathan Saul DHAKA/LONDON, March 18 (Reuters) – State-owned Bangladesh Shipping Corp is seeking $22.4 million from
By Mike Wackett (The Loadstar) – Container spot rates continued their decline this week across most Chinese export routes, prompting ocean
By Laura Curtis (Bloomberg) — U.S. importers, straining under a tapped-out supply chain, are increasingly offering top dollar for long-term shipping
DOVER, England, March 18 (Reuters) – Trade unions protested at British ferry ports on Friday after Dubai-owned P&O Ferries abruptly sacked 800
With the Russian invasion of Ukraine, described by researchers at Evercore ISI as a “Black Swan Event”, the potential for shifting flows of liquified
By Marcelo Teixeira NEW YORK, March 17 (Reuters) – At least five vessels are headed toward Russia with nearly 200,000 tonnes of Brazilian raw
Maritime unions are condemning today’s abrupt announcement by ferry operator P&O Ferries, owned by Dubai-based DP World, that it has sacked 800
By William James and Muvija M LONDON, March 17 (Reuters) – Britain’s P&O Ferries made 800 staff redundant with immediate effect and
With President Biden’s signing of the massive $1.5 billion omnibus spending package, funding has been secured for a fifth and final National Security
The Port of Los Angeles reported processing 857,764 TEU in February, marking the busiest February on record for the nation’s top port for containerized
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