No Happy New Year for Shippers as Rates Stay Sky High
By Mike Wackett (The Loadstar) – The final Shanghai Containerized Freight Index (SCFI) for 2020, published on 31 December, recorded a staggering 190%
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
By Mike Wackett (The Loadstar) – The final Shanghai Containerized Freight Index (SCFI) for 2020, published on 31 December, recorded a staggering 190%
By Marianna Parraga and Mircely Guanipa Jan 4 (Reuters) – Pressured by strict U.S. sanctions, Venezuela’s oil exports plunged by 376,500 barrels
The American Maritime Partnership (AMP) said the National Defense Authorization Act (NDAA) (H.R. 6395) includes the most consequential maritime legislation
By Parisa Hafezi and Hyonhee Shin DUBAI/SEOUL, Jan 4 (Reuters) – Iran’s Revolutionary Guards Corps seized a South Korean-flagged tanker in Gulf
The American Maritime Partnership is saluting Congress’s passing of the National Defense Authorization Act, which the advocacy group said includes some
By Yereth Rosen ANCHORAGE, Alaska (Reuters) – A Pacific storm of record proportions swept a remote stretch of Alaska’s Aleutian Islands chain on
By Anna Shiryaevskaya, Stephen Stapczynski and Sergio Chapa (Bloomberg) — Liquefied natural gas traders anticipate a swift demand recovery in 2021 after
By Verity Ratcliffe, Khalid Al-Ansary and Alex Longley (Bloomberg) — An oil tanker off the coast of Iraq discovered an explosive object attached to
Even the world’s richest person has a soft spot for Mom. Centi-billionaire Jeff Bezos on Wednesday christened his Blue Origin rocket landing ship, naming
As 2020 comes to a close, we’re taking a look back at the stories that were read the most by readers. For probably the first time, we’re happy to
By Ana Monteiro (Bloomberg) — The U.S. merchandise-trade deficit widened to an all-time high in November as American companies imported a record value
By Alfred Cang (Bloomberg) — In January, as a mysterious illness ripped through the Chinese city of Wuhan, global oil prices plunged. Two thousand
By Richard Bravo and Maria Tadeo (Bloomberg) — European Union governments formally approved the bloc’s post-Brexit trade accord with the U.K., paving
By Luc Cohen and Marianna Parraga NEW YORK, Dec 29 (Reuters) – In June, the United States imposed sanctions on half a dozen oil tankers managed by
What a year! With 2020 coming to a close, we’re taking a look back at the maritime stories that continued to make headlines all year long. IMO 2020 The
By Kati Pohjanpalo (Bloomberg) — Orsted A/S, the world’s biggest developer of offshore wind parks, has agreed to sell a stake in a farm off the coast
The U.S. Coast Guard’s new Legend-class national security cutter, USCGC Stone (WMSL 758), has departed from Pascagoula, Mississippi on its first patrol
By Hugh Bronstein and Maximilian Heath BUENOS AIRES, Dec 28 (Reuters) – Loading of more than 140 agricultural export ships in Argentina has been stalled
Crews working to cut up and remove the Golden Ray in St. Simons Sound, Georgia have started cutting the stern section, known as “Section Eight”.
By Jorge Otaola BUENOS AIRES, Dec 27 (Reuters) – Argentina’s influential chamber of soyoil manufacturers and exporters on Sunday spiced up an offer
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