Shipping

gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.


Saturday, May 21, 2022
Shipping

Russia Stops Gas Supply To Finland Over Refusal To Pay In Rubles

By Kati Pohjanpalo (Bloomberg) –Russia has cut Finland off from its natural gas supplies as relations between the two neighbors sour over the Nordic

2 hours ago
Total Views: 355

Shipping

Suez Canal Revenues Set To Reach $7 Billion By End Of Fiscal Year 

CAIRO May 21 (Reuters) – Egypt expects the Suez Canal’s revenues to reach about $7 billion by the end of the current fiscal year, finance

3 hours ago
Total Views: 176

Shipping

New LNG Deal Will Allow Finland, Estonia to End Russian Gas Imports

By Sergio Chapa (Bloomberg) —Excelerate Energy Inc. signed a 10-year deal to move a ship that stores liquefied natural gas to Finland, allowing the

4 hours ago
Total Views: 1224

Friday, May 20, 2022
port of deluth
Shipping

Great Lakes Shipping Sees Strong Start to the Season Led by Grain Exports

Shipping on the Great Lakes has kicked off with a bang this season as ports in the region step up to fill the global void of grain caused by

21 hours ago
Total Views: 1013

Shipping

Container Shipping Earned ‘Mind-Bending’ $59.3 Billion Quarterly Profit -McCown

Ocean carriers raked in a “mind-bending” $59.3 billion profit in the first quarter of the year—the highest quarterly earnings in container

23 hours ago
Total Views: 3568

Sovcomflot ship bridge
Shipping

Russian Oil Producers Snap Up Sovcomflot Tankers Shunned By Rest of the World

By Debjit Chakraborty, Julian Lee and Serene Cheong (Bloomberg) — Russian oil producers are starting to book up an increasing number of tankers owned by

May 20, 2022
Total Views: 6045

vlcc tanker
Shipping

China Quietly Ramping Up Purchases of Cheap Russian Oil

By Chen Aizhu and Florence Tan SINGAPORE, May 20 (Reuters) – China is quietly ramping up purchases of oil from Russia at bargain prices,

May 20, 2022
Total Views: 1324

Shipping

Breakbulk Europe: Uncertainty Surrounding Future Fuels

By Ira Breskin ROTTERDAM—There is no clearly optimal marine fuel to power the current and future generation of cargo vessels, speakers said Thursday here at

May 20, 2022
Total Views: 428

Shipping

Carriers’ Blank Sailings Check Rates Decline as Regulators Watch On

By Mike Wackett (The Loadstar) – The ‘drip-drip’ erosion of container spot rates on the transpacific and Asia-Europe tradelanes since the Chinese

May 20, 2022
Total Views: 1058

Gianluigi Aponte portrait
Shipping

Former-Banker Turned Shipping Magnate Rides Pandemic Shipping Boom to $19 Billion Fortune

By Ben Stupples (Bloomberg) — Gianluigi Aponte left a job in finance to focus on shipping. Now, decades later, he has one of the world’s biggest

May 20, 2022
Total Views: 2196

Thursday, May 19, 2022
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog
Shipping

More Russian Oil Heading East Squeezes Iranian Crude Sales to China

By Bozorgmehr Sharafedin, Florence Tan and Chen Aizhu LONDON, May 19 (Reuters) – Iran’s crude exports to China have fallen sharply since the

May 19, 2022
Total Views: 3522

Shipping

NOAA Requests Proposals for the Design and Construction of New Ocean Survey Ships

The U.S. National Oceanic and Atmospheric Administration (NOAA) is seeking proposals from U.S. shipbuilders for the design and construction of two new ocean

May 19, 2022
Total Views: 2327

container ship
Shipping

Seaspan Orders Four LNG Containerships Backed by Long-Term Charters

Containership lessor Seaspan Corporation has once again expanded its newbuild orderbook, announcing it has entered into shipbuilding agreements for the

May 19, 2022
Total Views: 1442

panama canal tonnage record
Shipping

Panama Canal Ship Queue Reflects Shipping Bottlenecks

By James Attwood, Augusta Saraiva and Sergio Chapa (Bloomberg) — The global shipping bottlenecks rattling industries and consumers in the pandemic era

May 19, 2022
Total Views: 6977

Shipping

New York Fed Index Shows Rising Supply Chain Pressure

The Federal Reserve Bank of New York’s Global Supply Chain Pressure Index (GSCPI) ticked up in April for the first time since its December peak. The

May 19, 2022
Total Views: 711

two tankers conduct ship-to-ship transfer
Shipping

Greece Emerging as Hub for Russian Ship-to-Ship Fuel Oil Transfers

By Rowena Edwards, Angeliki Koutantou and Ahmad Ghaddar LONDON/ATHENS, May 18 (Reuters) – Russian fuel oil arrivals offshore Greece

May 19, 2022
Total Views: 15655

Wednesday, May 18, 2022
A seafarer working on the deck of a ship
Shipping

ILO Adopts New Minimum Wage for Seafarers

A subcommittiee of the International Labour Organization (ILO) has agreed to raise the minimum wage for seafarers to up to $673 per month following the

May 18, 2022
Total Views: 7746

zim containership
Shipping

Container Shipping: ZIM Profits Roll In

Though news reports are no longer highlighting the ships anchored in San Pedro Bay, the container shipping segment continues to pump out strong earnings. In

May 18, 2022
Total Views: 1942

Shipping

Air France-KLM Agrees to Cargo Deal with CMA CGM

By Tim Hepher and Gus Trompiz PARIS, May 18 (Reuters) – French shipping firm CMA CGM will take a stake in Air France-KLM as part of an air cargo

May 18, 2022
Total Views: 1270

cargo ships loading at port of oakland
Shipping

Worker Shortages Snarl Shipping Even as Shanghai Lockdowns Ease

By Ann Koh and Kyunghee Park (Bloomberg) — China appears to be gradually easing its lockdown of Shanghai, but that won’t bring immediate relief to

May 18, 2022
Total Views: 1133