Shipping Woes Means You May Want to Christmas Shop Early
By Brendan Murray (Bloomberg) — If it seems like shipping delays and soaring delivery costs aren’t getting any better, it’s because they’re both
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
By Brendan Murray (Bloomberg) — If it seems like shipping delays and soaring delivery costs aren’t getting any better, it’s because they’re both
By Ewa Krukowska (Bloomberg) — The European Commission plans to include maritime transport in the world’s biggest carbon market and create an adjacent
U.S. carrier Matson (NYSE: MATX) has announced plans to increase its quarterly dividend and repurchase 3 million shares representing nearly $190 million in
Containership leasing company Seaspan Corporation has announced it has forward-fixed contracts and extended current lease terms for 17 containerships with
By Mike Wackett (The Loadstar) – Short-term freight rates from China to North Europe have breached the $20,000 per 40ft mark, while transpacific
CAIRO, June 24 (Reuters) – The operator of a giant cargo ship that blocked the Suez Canal in March said on Thursday that it would take more time for
Each year, on June 25th, the U.N. International Maritime Organization celebrates ‘Day of the Seafarer‘ as a way to raise awareness about issues
By Mike Wackett (The Loadstar) Charterers are prepared to break the bank to fix container feeder tonnage and, according to one shipowner, the market could
U.S.-based Crowley has taken delivery of its new 55,000-barrel articulated tug-barge (ATB) to serve in the Alaska Jones Act market. The Aurora/Qamun is a
By Sarah McBride (Bloomberg) — Elon Musk’s tunneling startup the Boring Co. is working on much wider tunnels than publicly announced, which
By Parisa Hafezi and Humeyra Pamuk DUBAI/BERLIN, June 23 (Reuters) – Iran said on Wednesday the United States had agreed to remove all sanctions on
Oslo-based MPC Container Ships (MPCC) has entered into an agreement to acquire Songa Container AS and its fleet of 11 container smaller containerships for $210
Hapag-Lloyd has ordered another six ultra-large containerships in South Korea. The vessels, ordered from Daewoo Shipbuilding & Marine Engineering (DSME),
By Mike Wackett (The Loadstar) – Ocean carrier vessel arrivals from Asia are being delayed by 20 days, or more, and there is no improvement in sight.
By Frank Coles (OpEd) – So there is no misunderstanding, I am not a raving lunatic, just a frustrated mariner. I get the complications of COVID, the
By John Konrad (gCaptain) Last week maritime influencer Lena Göthberg published the 165th episode of her popular Shipping Podcast, and the content was
Israeli liner shipping company ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) and e-commerce giant Alibaba.com will extend their cooperation agreement for
By Jack Wittels (Bloomberg) — Trafigura Group said the shipping industry’s regulator needs to act with ‘lightning speed’ to cut carbon emissions
Tokyo-based finance firm Mitsubishi HC Capital Inc. will acquire all outstanding shares of CAI International (NYSE: CAI), one of the world’s leading marine
By Nick Savvides (The Loadstar) – Chronic congestion in Asia, particularly at Yantian, the US and Europe will force rates higher and will most likely
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