Evergreen Employees Get Another Windfall
By Low De Wei and Cindy Wang (Bloomberg) — Soon after giving its employees a bumper 50-month bonus, Taiwan’s Evergreen Marine Corp. is handing out
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
By Low De Wei and Cindy Wang (Bloomberg) — Soon after giving its employees a bumper 50-month bonus, Taiwan’s Evergreen Marine Corp. is handing out
The Australian Maritime Safety Authority (AMSA) has handed down a 90-day ban to a Netherlands-flagged ship as part of a crackdown on “poor
By Archie Hunter (Bloomberg) — Higher interest rates are forcing commodity traders to rethink some deals and push up prices, in the latest example of
By Sophie Caronello Mar 19, 2023(Bloomberg) –Here are some notable charts to monitor in commodities markets over the coming days. Oil & Gas Oil
By Elizabeth Low Mar 18, 2023 (Bloomberg) –At a downtown office block in Mumbai, packing tape peels off a black door whose handle appears to have
By Megan Durisin and Áine Quinn Mar 18, 2023(Bloomberg) –The agreement allowing Ukraine to export crops out of key Black Sea ports was renewed for
PARIS,(Reuters) – Disruption at Fluxys’s FLUX.BR liquefied natural gas (LNG) terminal in Dunkirk, northern France, ended on Friday morning, a
By Lisa Baertlein LOS ANGELES, March 16 (Reuters) – The leader of the busiest U.S. seaport on Friday said February’s cargo volume hit the
The Port of Los Angeles handled 487,846 TEUs in February, a staggering 43% decline from February 2022’s monthly record and its worst February since 2009.
ITF targets the four worst flags in bid to scrap unsafe shipping from Mediterranean Sea. Inspectors from the International Transport Workers’ Federation
U.S.-based shipping line Matson (NYSE: MATX) will convert the main engine on its container ship, the Kaimana Hila, to a dual-fuel ME-GI engine capable of
By Mike Wackett (The Loadstar) – The ‘jury is out’ on whether container spot rates have bottomed-out, but on the key transpacific and Asia to Europe
By Megan Durisin, Áine Quinn and Selcan Hacaoglu (Bloomberg) — The extension of the deal that’s bolstered Ukraine’s crop exports is still clouded
By Brian Platt (Bloomberg) — Spanish energy firm Repsol SA has abandoned the idea of expanding a liquefied natural gas terminal on Canada’s east
By Mike Wackett (The Loadstar) – Hapag-Lloyd has confirmed that THE Alliance vessels deployed on the Asia-North Europe tradelane are no longer making a
By Fabiola Zerpa and Nicolle Yapur (Bloomberg) — Chevron Corp. is urging Venezuela to clean up Lake Maracaibo in the hope of almost doubling the amount
March 16 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped its 19-session
Elon Musk’s SpaceX is making a little bit of history this week with what is believed to be the first all-female crew involved the space recovery
By Jeslyn Lerh DUBAI, March 15 – UAE’s Fujairah must step up investments for storage and supply of new alternative fuels as these markets
The 1 million-barrel-per-day GulfLink project is one of three proposed deepwater oil export terminals along the Gulf Coast with pending applications with the
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