Container Spot Rates Extend Losing Streak Despite Factory Reopenings
Drewry World Container Index reveals global container shipping rates fell 1% to $1,899 per 40-foot container this week, marking the seventh consecutive weekly
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
Drewry World Container Index reveals global container shipping rates fell 1% to $1,899 per 40-foot container this week, marking the seventh consecutive weekly
One day after departing Alabama Shipyard, the hospital ship USNS Mercy is holding a steady southbound course through the central Gulf of Mexico — and AIS
A confrontation between Cuban Border Guard forces and a Florida-registered speedboat in Cuban territorial waters has left four people dead and six injured,
The Supreme Court’s decision striking down sweeping tariffs imposed under emergency powers may provide a temporary lift to U.S. port volumes—but the bump
Saudi Arabia's National Shipping Co. (Bahri) provisionally hired at least five supertankers as freight rates approach $200,000 per day, the highest since 2020.
The U.S. Department of the Treasury escalated its economic pressure campaign against Iran today, sanctioning over 30 entities, individuals, and vessels in a
The hospital ship USNS Mercy departed Alabama Shipyard on Tuesday, transiting southbound through the Gulf of Mexico at about 10.5 knots, closing out
VLCC charter rates have pushed back into six-figure territory, with DHT Holdings (NYSE:DHT) securing a one-year time charter at $105,000 per day for the
Trading houses and buyers of Venezuelan oil have chartered the first very large crude carriers (VLCCs) to export from the South American country since a
Ten years ago today, the LNG carrier Asia Vision departed Louisiana's Sabine Pass Terminal carrying 3.3 billion cubic feet of liquefied natural gas bound for
Four years to the day after Russia’s full-scale invasion of Ukraine, the United Kingdom has delivered what officials are calling their most comprehensive
U.S. forces have boarded the sanctioned oil tanker Bertha in the Indian Ocean, marking the tenth vessel seized or interdicted in an intensifying campaign
The European Union is keeping its warships in the Red Sea. EU member states have agreed to extend EUNAVFOR ASPIDES through February 28, 2027, allocating
The Proteus Bohemia carrying 100,000 tons of diesel from India's Reliance facility has arrived in Rotterdam, the first such cargo since EU sanctions on
The International Labour Organization (ILO), the International Chamber of Shipping (ICS), and the International Transport Workers’ Federation
Fin whales feeding in Chile's northern bays face escalating threats from ship collisions and fishing nets, making the region a global hotspot for whale
The U.S. Supreme Court delivered a landmark 6-3 ruling on Friday striking down President Donald Trump’s sweeping tariffs imposed under the International
The U.S. Supreme Court struck down on Friday President Donald Trump's sweeping tariffs that he pursued under a law meant for use in national emergencies,
U.S. President Donald Trump said on Friday that he would impose a 10% global tariff for 150 days to replace some of his emergency duties that were struck
The Bureau of Ocean Energy Management announced Wednesday it will auction approximately 80.4 million acres of federal waters in the Gulf of America in August,
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