Record-Breaking Month for Ro/Ro Cargo at Georgia’s Port of Brunswick
gCaptain
by Mike Schuler
36m ago
Colonel’s Island Terminal at the Port of Brunswick in Georgia has set a new record in March, handling 77,236 units of Roll-on/Roll-off (Ro/Ro) cargo. This figure represents a 21 percent ..read more
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Biden Administration Launches Probe into China’s Unfair Shipbuilding Practices
gCaptain
by Mike Schuler
36m ago
The United States Trade Representative (USTR) has announced the launch of an investigation into alleged unfair trade practices by China in the shipbuilding, maritime, and logistics sectors. The probe was ..read more
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Iranian Ship Linked to Houthi Attacks Heads Home Amid Tensions
gCaptain
by Bloomberg
36m ago
(Bloomberg) — An Iranian ship that’s been linked to Houthi attacks in the Red Sea is returning home, removing a prominent asset in the area as the Islamic Republic braces ..read more
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Pop-Up Russian Oil Traders Emerge As US Tightens Sanctions Grip
gCaptain
by Bloomberg
36m ago
(Bloomberg) — As the US intensifies sanctions pressure on Moscow, Russia’s crude trade with India has begun to resemble a game of oil whack-a-mole. Just as one trader begins to ..read more
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Port of Los Angeles Eyes Continued Momentum as Container Volumes Surge
gCaptain
by Mike Schuler
18h ago
The Port of Los Angeles reported a 19% increase in container units handled in March, marking the eighth consecutive month of year-over-year growth. The port processed 743,417 TEUs in March ..read more
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Maersk Gives Update Following Baltimore Key Bridge Collapse
gCaptain
by Mike Schuler
22h ago
Global shipping giant Maersk has released a detailed update on its operations following the collapse of Baltimore’s Key Bridge. The company, which chartered the MV Dali, has now confirmed that ..read more
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US to Reimpose Venezuela Oil Ban Unless Maduro Acts Quickly
gCaptain
by Bloomberg
1d ago
(Bloomberg) — President Joe Biden’s administration intends to reimpose oil sanctions on Venezuela, ending a six-month reprieve, if Nicolas Maduro’s regime does not take steps in the next two days ..read more
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Seized Ship’s Cargo Reveals Impact of Iran Tensions on Global Trade
gCaptain
by Bloomberg
1d ago
By Brendan Murray and Alex Tanzi (Bloomberg) — The MSC Aries wasn’t much different from the other 7,000 container ships plying the high seas, until it took an involuntary detour near ..read more
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China and EU Trade Tensions Risk a Full Trade War, European Chamber President Warns
gCaptain
by Reuters
1d ago
GUANGZHOU, China, April 17 (Reuters) – China and Europe face a “slow motion train accident” as a rising tide of protectionism threatens to become a full trade war, the head of a European business lobby group ..read more
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Hong Kong Falls Out of Top 10 Busiest Port Rankings for First Time Ever
gCaptain
by The Loadstar
1d ago
By Gavin van Marle (The Loadstar) – Hong Kong fell out of the world’s top 10 container ports last year, for the first time in the history of container shipping, according ..read more
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