Transpacific Ocean Carriers Hope to Regain Trust of Shippers Burned During Pandemic Supercycle
By Mike Wackett in Long Beach (The Loadstar) – Ocean carriers attending the S&P Global TPM conference in Long Beach this week are owning up to
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
By Mike Wackett in Long Beach (The Loadstar) – Ocean carriers attending the S&P Global TPM conference in Long Beach this week are owning up to
Hapag-Lloyd posted a record $18 billion net profit in 2022 as the German shipping line celebrated its 175th year in business. Higher freight rates and
By Jonathan Browning (Bloomberg) — The Dutch salvage firm that helped prevent a global freight bottleneck when it dislodged a massive container
By Barry Parker (gCaptain) – The listed companies running the big fleet of tankers have now reported earnings for 2022’s Q4. As last year ended, the
The top U.S. importers emitted 3.5 million metric tons of greenhouse gases from shipping during the height of the pandemic-driven imports surge in 2021,
By Jeslyn Lerh SINGAPORE, March 1 (Reuters) – Premiums of marine fuel, also known as bunkers, are set for a bumpy recovery in March in
The U.S. Department of Transportation’s Maritime Administration (MARAD) has announced the availability of more than $12 million for the newly-renamed United
GENEVA, March 1 (Reuters) – Global merchandise trade growth slowed at the end of 2022 and was likely to remain weak in the first quarter of
Methanex Corporation and Mitsui O.S.K. Lines this week announced that the dual-fuel vessel Cajun Sun successfully completed the first-ever net-zero voyage
By Laura Curtis (Bloomberg) — The White House’s supply-chain envoy said the ports and logistics industry must move toward automation, a sticking point
By Jonathan Saul LONDON, March 1 (Reuters) – Cargill, one of the world’s biggest ship charterers, is stepping up a push to resurrect wind
By Lisa Baertlein LONG BEACH, Calif., Feb 28 (Reuters) – The former Amazon.com Inc executive who oversaw the e-commerce company’s transportation
By Bloomberg News (Bloomberg) — Russia’s seaborne oil exports remained resilient in February, as the nation found new buyers even as the full force of
By Ruma Paul and Jonathan Saul DHAKA, Feb 28 (Reuters) – Insurers are about to pay state-owned Bangladesh Shipping Corporation (BSC)
By Mike Wackett in Long Beach (The Loadstar) – One year ago, there were more than 100 ships waiting outside the ports of Los Angeles and Long Beach,
(Bloomberg) — For a sign of how much global trade has slowed, look no further than idled container ships — unused vessel capacity is near the highest
By Sudarshan Varadhan SINGAPORE, Feb 28 (Reuters) – India has withdrawn trading licenses for oil tankers and bulk carriers that are more than
The Australian Maritime Safety Authority (AMSA) has banned a Mediterranean Shipping Company (MSC) containership from entering Australian ports over maintenance
The world’s largest short sea roll-on/roll-off vessel has returned to service sporting two new rotor sails that will help to reduce fuel consumption and
By Jamie McGeever ORLANDO, Fla., Feb 27 (Reuters) – Globalization may have peaked, but the resilience of world trade in the face of mounting
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