Container Freight Indices Diverge Sharply Ahead of November GRIs
It was another week of confused signals on container spot freight rates from the main indices – the Shanghai Containerised Freight Index (SCFI) continuing to
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
It was another week of confused signals on container spot freight rates from the main indices – the Shanghai Containerised Freight Index (SCFI) continuing to
The 12-month trade truce between the United States and China announced this week will not prevent ocean container freight rates from continuing their decline
A.P. Moller – Maersk announced a series of strategic initiatives to expand its operational footprint in India during India Maritime Week 2025, with plans
Lukoil said on Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia's second-largest oil company is
By Weilun Soon (Bloomberg) — An India-bound tanker filled with Russian crude reversed course and is now idling in the Baltic Sea, a sign of potential
The Drewry World Container Index increased 4% to $1,822 per 40-foot container this week, marking the third straight week of gains following a prolonged 17-week
U.S. President Donald Trump said on Thursday he had agreed with President Xi Jinping to trim tariffs on China in exchange for Beijing cracking down on the
A sanctioned liquefied natural gas (LNG) tanker made a ship-to-ship (STS) transfer off the coast of Malaysia after picking up a cargo from a Russian export
The US and China have agreed to suspend tit-for-tat shipping levies on vessels linked to the other for one year, according to Beijing, deescalating a dispute
In a surprise move the EU has unsanctioned two polar class heavy lift vessels, Audax and Pugnax. The vessels were purpose-built for the construction of
Newly imposed U.S. and EU sanctions targeting Russia and its oil giants Rosneft and Lukoil have yet to disrupt physical crude shipments from the country’s
President Donald Trump’s latest tariff salvo against Canada landed just as Mark Carney was setting out on a mission to insulate his country from the fallout
Average spot rates on major front-haul trades from the Far East increased sharply in October, but shippers preparing for 2026 contract negotiations should not
A second gas carrier has departed from Russia's U.S.-sanctioned Portovaya LNG plant on the Baltic Sea after a hiatus, in search of a foreign buyer, showing
Last Christmas, the tanker Yug cruised out of the Chinese port of Qingdao after offloading 2 million barrels of sanctioned Iranian oil. Near the Arctic, a
The Tripartite Forum of shipbuilders, shipowners and classification societies convened in Busan, South Korea last week, bringing together more than 70
Container shipping via the Arctic is set for a massive boost in 2026. After completing the first-ever Arctic Express voyage from Ningbo-Zhoushan, China to
The Panama Canal Authority has begun a consultation process with maritime industry representatives to identify potential partners for developing port terminals
Soybeans and other grains surged as progress in negotiations between the US and China lifted hopes that the world’s two largest economies were edging toward
Small importers for large U.S. retailers rushed in China-made strollers and wares meant for spring and are storing the goods in their own warehouses to avoid
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