MSC Snaps Up Brazilian Shipping Powerhouse in a $765M Deal
SAO PAULO/BENGALURU, Oct 21 (Reuters) – Investment holding company Ocean Wilsons OCN.L has agreed to sell its 56.47% stake in Brazilian unit Wilson
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
SAO PAULO/BENGALURU, Oct 21 (Reuters) – Investment holding company Ocean Wilsons OCN.L has agreed to sell its 56.47% stake in Brazilian unit Wilson
(Bloomberg) — Belgium is resuming transshipments of Russian liquefied natural gas destined for Asia after a summer lull — a practice that’s been used
A.P. Moller – Maersk A/S (Maersk) has raised its full-year financial guidance for 2024, marking the fourth upward revision this year as strong demand and
A dramatic rescue unfolded off the coast of La Push, Washington, on Friday as the Coast Guard and commercial tug crews raced against time to save the 130-foot
A 17-year-old has reportedly surrendered to Philadelphia authorities in connection with a burglary aboard the historic SS United States, a once-proud ocean
(Bloomberg) — A newly established company in Dubai has taken over three liquefied natural gas tankers, in what appears to be Russia’s latest effort to
By Charlie Bartlett (The Loadstar) – Some three million TEU of new tonnage arriving next year will most likely be “more than offset” by further
ATHENS, Oct 18 (Reuters) – Dozens of members of a Greek dockworkers’ union have blocked the loading of a container of ammunition destined for
The heads of the new Gemini Cooperation—Rolf Habben Jansen, CEO of Hapag-Lloyd, and Kenni Skotte, Vice President and Head of Ocean Network Product at
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed additional sanctions on 18 entities, individuals, and vessels
The 738-foot cargo vessel Pan Viva safely departed Dutch Harbor, Alaska, on Monday night, bound for Kalama, Washington, after narrowly avoiding a potential
Coal exports from the Port of Baltimore have made a remarkable recovery following a complete halt in shipments earlier this year due to the collapse of the
By Malte Humpert (gCaptain) – In an attempt to deliver a power plant to a Russian Arctic LNG project before winter two Chinese heavy lift vessels are inching
The International Energy Agency’s (IEA) World Energy Outlook 2024 sheds light on critical vulnerabilities in today’s global energy system,
(Bloomberg) — Ships that carry liquefied natural gas are being built faster than new supplies of the fuel can come to market, helping to lower transport
In a major escalation of its sanctions against Russia’s covert seaborne oil exports, the United Kingdom today announced its most significant package to date
Dutch marine services company Boskalis has embarked on the final phase of a 15-month saga involving the car carrier formerly known as Fremantle Highway. The
Guyana has taken a significant step in expanding its offshore oil and gas production, with energy giants TotalEnergies, Qatar Energy, Petronas, Cybele Energy,
Richard Cruz, the owner and captain of the ill-fated vessel Stimulus Money, has pleaded guilty to charges of misconduct and neglect resulting in the
LNG-powered vessels have taken center stage in 2024, overshadowing methanol as the preferred alternative fuel choice for green shipping. This trend, reported
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