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 stronger-than-expected demand and improved freight...

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 the international shipping industry....

(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 crude carrier...

(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 its own, according to...

Marseille-based CMA CGM Group and French utility SUEZ Group have signed a memorandum of understanding (MOU) to establish a long-term industrial partnership focused on renewable biomethane production. The collaboration aims to...

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...