Shipping

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

By Eric Martin (Bloomberg) — President Joe Biden’s chief trade negotiator pledged to build off the deal with China reached under Donald Trump and said

The world’s largest container shipping line A.P. Moller – Maersk reported an “exceptionally strong” first quarter, with the company

May 5 (Reuters) – The Baltic exchange’s main sea freight index rose on Wednesday, its highest since mid-2010, boosted by gains across vessel

The derelict tugboat Lumberman was scuttled at sea off the southeast coast of Alaska on Sunday after it was determined to be a chronic nuisance. The Coast

By Lucia Mutikani WASHINGTON, May 4 (Reuters) – The U.S. trade deficit jumped to a record high in March amid roaring domestic demand, which is

John Konrad and Sal Mercogliano discuss the maritime news of the week in this latest episode of gCaptain Weekly, recorded May 3, 2021. Topics include the red