News from gCaptain

French shipping giant CMA CGM has posted impressive third-quarter results for 2024, reporting $15.8 billion in revenue—a notable 38.5% increase from Q3 2023—driven by strong demand in shipping combined with...

(Bloomberg) — Chinese lawmakers got a head start on the US election this week as they gathered to vote on the largest fiscal package since the pandemic. But now that...

The iconic SS United States, once the pride of America’s maritime fleet, is embarking on its final voyage – not across the Atlantic, but towards a new life as the...

Training Resources Limited, DBA Maritime Institute (“MI”) today  announced that it will be acquiring Edmonds, WA based Set Your Compass Course, LLC, DBA Compass  Courses (“Compass”) and starting training programs...

Driven by sustainability, crew-welfare, and cost imperatives, the acceleration of digitalisation in the maritime and offshore sectors has led to a surge in demand for connectivity at sea – with...

Nov 8 (Reuters) – Port of Montreal terminal operators have threatened to shut down most operations as of Sunday after providing a “final, comprehensive offer” to the longshore union. If the Canadian Union of...

Import volumes at major U.S. container ports are projected to be higher than previously expected for the remainder of the year as retailers grapple with the looming threat of another...

With the specter of renewed Trump-era tariffs looming large over global supply chains, industries are already strategizing how to shield their supply chains from potential disruption. President-Elect Donald Trump has...

Four crew members of the Netherlands-flagged dredger Vox Maxima are facing charges for their alleged role in causing Singapore’s worst oil spill in a decade. The incident, which occurred on...

By Gavin van Marle (The Loadstar) – Despite generally weak cargo demand, spot rates on the Asia-Europe trades continued to show gains this week, as carrier capacity management combined with port...

MANILA, Nov 8 (Reuters) – Philippine President Ferdinand Marcos Jr signed two laws on Friday aimed at strengthening the country’s maritime claims and bolstering its territorial integrity, as tensions with China over disputed areas...

OSEA, Asia’s premier offshore energy event, is set to take place between 19 to 21 November 2024 at Marina Bay Sands Singapore, leading discussions in the offshore industry on decarbonisation,...

By Prejula Prem (Bloomberg) Nigeria’s Dangote refinery, larger than any other in Africa or Europe, has shipped its first seaborne gasoline cargo as a vital fuel-producing unit continues to ramp up....

By Elida Moreno and Marianna Parraga PANAMA CITY, Oct 25 (Reuters) – The Panama Canal’s profit increased about 9.5% in the fiscal year ended in September to $3.45 billion despite a severe...

WASHINGTON, Oct 25 (Reuters) – A U.S. judge approved on Friday a $102 million settlement by the companies that owned and operated the ship that struck Baltimore’s Francis Scott Key Bridge in...

The EU Naval Force’s counter-piracy mission Operation ATALANTA has issued a stark warning about the resurgence of Somali piracy after a pirate action group was observed this week departing from...

(Bloomberg) — The Mississippi River is suffering from low waters for the third straight autumn, a crucial time of year when American farmers rely on the route to deliver their...

The International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) have announced the resumption of Master Contract negotiations starting next month. The announcement comes on the heels of a...

MOSCOW, Oct 25 (Reuters) – Russian President Vladimir Putin said his Turkish counterpart, Tayyip Erdogan, had proposed reviving contacts on Black Sea shipping but that he had not yet had time to study the documents....

The Canadian Longshoremen’s Union, CUPE Local 375, has announced a 24-hour strike at the Port of Montreal, the latest labor action in an on-going labor dispute with employers represented by...