The 2024 Review of Maritime Transport report by UNCTAD offers a comprehensive analysis of the current state and future outlook of the global maritime industry. It examines how geopolitical tensions, climate risks, and economic...

By Lori Ann LaRocco (gCaptain) – UNCTAD’s yearly review on the maritime industry meticulously breaks out all the headwinds facing the world of trade, but it’s the “green” opportunity that...

(Bloomberg) — The US will continue to “tighten the screws” on Russian liquefied natural gas exports to deprive Moscow of funds for its war in Ukraine, according to a senior...

Vulnerability of supply chains exposed as global maritime chokepoints come under pressure, UNCTAD’s Review of Maritime Transport 2024 report reveals. As global trade rebounds from pandemic-induced slowdowns, the maritime industry now...

MOSCOW, Oct 22 (Reuters) – Freight rates for tankers exporting oil from Russian ports to Asia have risen this month ahead of winter and are set to climb further after recent Western sanctions hitting more tankers...

The Price Cap Coalition has released an updated advisory aimed at curbing illicit practices and enhancing safety in the oil shipping industry. The coalition, comprising G7 nations, the European Union,...

By Barry Parkger (gCaptain) – The tanker market session at Capital Link’s Maritime Forum in New York drew a standing-room-only crowd. Although market excitement has waned in recent months, panel...

The UK government has announced stringent measures targeting the so-called “shadow fleet” of oil tankers operating with questionable insurance. The move comes as part of broader efforts to enforce sanctions...

The Panama Maritime Authority (PMA) is taking a decisive move to safeguard the integrity of the world’s largest ship registry, introducing strict legal measures aimed at vessels appearing on international...

(Bloomberg) — Belgium is resuming transshipments of Russian liquefied natural gas destined for Asia after a summer lull — a practice that’s been used for years but has become more...

A.P. Moller – Maersk A/S (Maersk) has raised its full-year financial guidance for 2024, marking the fourth upward revision this year as strong demand and ongoing disruptions in the Red...

A 17-year-old has reportedly surrendered to Philadelphia authorities in connection with a burglary aboard the historic SS United States, a once-proud ocean liner that now awaits transformation into the world’s largest...