Another ‘New Normal’ as Container Rollover Rates Increase
By Gavin van Marle (The Loadstar) – The number of container rollovers at major box ports continued to climb last month, affecting some 39% of all
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
By Gavin van Marle (The Loadstar) – The number of container rollovers at major box ports continued to climb last month, affecting some 39% of all
By Thomas Biesheuvel, Prejula Prem and Annie Lee (Bloomberg) — The super-charged rally in commodity prices has made shipping more expensive than any
By Ron Bousso and Laura Sanicola LONDON/NEW YORK, May 11 (Reuters) – Refiners booked at least five tankers to store gasoline stranded at U.S. Gulf Coast
AIRO, May 11 (Reuters) – The Suez Canal Authority (SCA) plans to expand and deepen the southern stretch of the waterway where a container ship became
By Ari Natter (Bloomberg) — The leader of the company whose fuel pipeline was paralyzed by a cyber attack warned state officials in a private meeting
By Stephanie Kelly and Devika Krishna Kumar NEW YORK, May 10 (Reuters) – America’s biggest gasoline pipeline will not resume full operations for
By Mike Wackett (The Loadstar) – A new survey by VesselsValue has found a “significant increase” in the average speed of containerships. The
CAIRO, May 10 (Reuters) – UK Club, an insurer of the container ship that blocked the Suez Canal in March, said on Monday a reduced compensation claim
By Sheela Tobben and Jeffrey Bair (Bloomberg) — The shutdown of America’s largest fuel pipeline after a cyberattack is threatening to send gasoline
By Abdel Latif Wahba (Bloomberg) Egypt offered to reduce claims by a third for compensation from owners of the container ship that blocked the Suez Canal in
The U.S. Coast Guard Mid-Atlantic is working to raising awareness related to commercial fishing vessel safety including the importance of having and properly
By Mike Wackett (The Loadstar) – Shippers from Asia to Europe saw a further spike in container spot rates this week, particularly for Mediterranean
By Elizabeth Low and Alfred Cang (Bloomberg) — Shipyards in the Chinese coastal city of Zhoushan have banned vessels that called at or changed crews in
The red hot dry bulk shipping ETF Breakwave Dry Bulk Shipping ETF (NYSE Arca: BDRY) surpassed the $100 million in assets under management milestone after a
By Mike Wackett (The Loadstar) – Shippers must brace themselves for at least two more years of elevated freight rates and tight supply, according to
A new harbor tug for Seattle-based Foss Maritime is set become the first vessel of its kind in the United States to use autonomous systems in real-world
May 6 (Reuters) – The Baltic exchange’s main sea freight index dropped from an 11-year peak on Thursday, breaking its 15-session winning steak,
A group of the leading seafarer welfare charities and other shipping industry stakeholders have launched a $1 million emergency relief fund to support
By K. Oanh Ha (Bloomberg) — Unilever Plc and other big retail brands are among consumer giants adopting a toolkit to audit their shipping supply chains
By Hugh Bronstein and Maximilian Heath BUENOS AIRES, May 5 (Reuters) – Argentina’s Parana River, the grains superhighway that takes soy and corn
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