Hapag-Lloyd Joins Maersk with Major Earnings Upgrade as Red Sea Chaos Reshapes Shipping
Hapag-Lloyd has followed in the footsteps of its future Gemini Cooperation partner Maersk with an upward revision of its earnings outlook for 2024, driven by
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
Hapag-Lloyd has followed in the footsteps of its future Gemini Cooperation partner Maersk with an upward revision of its earnings outlook for 2024, driven by
Grain de Sail, a French company renowned for its commitment to sustainable shipping and organic food production, has unveiled plans for its third modern
In a dangerous escalation of the Ukraine conflict, Russia has intensified strikes on key Black Sea ports, posing a critical threat to global food security and
(Bloomberg) — A dark-fleet oil tanker that was recently involved in a crash in Southeast Asia is now on its way to China. Ceres I, an aging very-large
(Bloomberg) — Russia is facing a deficit of ice-class cargo vessels for its gigantic Northern Sea Route project as the nation cannot build the fleet on
By Paul Morgan — As the maritime industry grapples with the dual challenges of reducing greenhouse gas emissions and maintaining economic viability, the
A recent survey conducted by the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) has revealed widespread acceptance of ammonia as a marine
Marseille-based CMA CGM Group and French utility SUEZ Group have signed a memorandum of understanding (MOU) to establish a long-term industrial partnership
The 2024 Review of Maritime Transport report by UNCTAD offers a comprehensive analysis of the current state and future outlook of the
By Alex Longley, Patrick Sykes and Alberto Nardelli (Bloomberg) — One of the energy market’s open questions since Russia’s invasion of Ukraine has
By Lori Ann LaRocco (gCaptain) – UNCTAD’s yearly review on the maritime industry meticulously breaks out all the headwinds facing the world of
(Bloomberg) — The US will continue to “tighten the screws” on Russian liquefied natural gas exports to deprive Moscow of funds for its war in
Vulnerability of supply chains exposed as global maritime chokepoints come under pressure, UNCTAD’s Review of Maritime Transport 2024 report reveals. As
MOSCOW, Oct 22 (Reuters) – Freight rates for tankers exporting oil from Russian ports to Asia have risen this month ahead
The Price Cap Coalition has released an updated advisory aimed at curbing illicit practices and enhancing safety in the oil shipping industry. The coalition,
By Barry Parkger (gCaptain) – The tanker market session at Capital Link’s Maritime Forum in New York drew a standing-room-only crowd. Although
The UK government has announced stringent measures targeting the so-called “shadow fleet” of oil tankers operating with questionable insurance. The
The Panama Maritime Authority (PMA) is taking a decisive move to safeguard the integrity of the world’s largest ship registry, introducing strict legal
SAO PAULO/BENGALURU, Oct 21 (Reuters) – Investment holding company Ocean Wilsons OCN.L has agreed to sell its 56.47% stake in Brazilian unit Wilson
(Bloomberg) — Belgium is resuming transshipments of Russian liquefied natural gas destined for Asia after a summer lull — a practice that’s been used
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