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

Wednesday, October 5, 2022

Coast Guard: Barge Groundings Increasing on Parched Lower Mississippi River

The U.S. Coast Guard says it is responding to an increasing number of barge groundings due to low water levels in the Lower Mississippi River. The Coast Guard

2 mins ago
Total Views: 0


Stena Bulk to Equip Tanker with Shipboard Carbon Capture Unit

Tanker shipping company Stena Bulk is launching a two-year, three phase project aimed at demonstrating shipboard carbon capture. The project, known as the

30 mins ago
Total Views: 135


Maersk Places Order for Six of its Largest Methanol-Powered Containerships Yet

A.P. Moller-Maersk has ordered another six of its largest methanol powered containerships yet, bringing its total methanol-fueled orderbook to 19 vessels. The

1 hour ago
Total Views: 506

shipping container

WTO Warns ‘Darkened’ Trade Outlook Could Worsen

GENEVA, Oct 5 (Reuters) – The World Trade Organization forecast a slowdown of global trade growth next year as sharply

3 hours ago
Total Views: 354

Tuesday, October 4, 2022
oil tanker at sea

White House Reportedly Weighing Controversial Gasoline Exports Ban

By Ari Natter and Jennifer A. Dlouhy (Bloomberg) — White House officials have asked the US Energy Department to analyze whether a ban on exports of

21 hours ago
Total Views: 2591

mississippi shipping

Mississippi River Barge Backlog Swells as Water Levels Shrink

By Karl Plume CHICAGO, Oct 4 (Reuters) – Commercial barge traffic on southern stretches of the Mississippi River was at a standstill on Tuesday

22 hours ago
Total Views: 4870

oil tanker

Tanker Trials and Tribulations: Longer Voyages, Secret Trades, Sanctions and Price Caps

By Barry Parker (gCaptain) – A recent Substack article in the “Misadventures in Shipping” series by analyst Edward Finley-Richardson notes that oil

23 hours ago
Total Views: 1251


Managed Decline: Ocean Carriers Face Challenge of Keeping Pandemic Windfalls, Drewry Says

As container shipping’s historic pandemic-fueled bull run comes to an end, ocean carriers are entering a period of “managed decline” where

24 hours ago
Total Views: 1513

container ship at sea

Charterers Regain Control as Containership Charter Rates Collapse

By Mike Wackett (The Loadstar) – The containership charter market bubble appears to have burst, according to MSI’s Horizon report for

October 4, 2022
Total Views: 2807


Hapag-Lloyd Expands Terminals Business with $1 Billion Acquisition of SM SAAM

Hapag-Lloyd is continuing to spend its pandemic profits to expand and modernize its business. The German container shipping company announced Tuesday it has

October 4, 2022
Total Views: 678


BHP to Receive Three More LNG-Fueled Bulk Carriers

By Jeslyn Lerh and Florence Tan SINGAPORE, Oct 4 (Reuters) – BHP Group expects to receive three more bulk carriers powered partly by liquefied natural

October 4, 2022
Total Views: 2008

Monday, October 3, 2022
matson ship

Judge Rules Antitrust Lawsuit Against Matson Units Can Proceed

By Mike Scarcella (Reuters) – Two Matson Inc subsidiaries must face claims from rival container shipping company American President

October 3, 2022
Total Views: 2177


Ammonia Power Startup Amogy Looks to Norway’s Maritime Cluster for Push Into Shipping

Brooklyn, New York-based startup Amogy has opened up a new office in Norway with the goal of accelerating the commercialization of its ammonia-to-power

October 3, 2022
Total Views: 948


Inflation Concerns and High Interest Rates Haven’t Stopped U.S. Consumers from Spending

Consumers in the United States are shrugging off concerns about high inflation and interest rate hikes and continuing to spend, the National Retail Federation

October 3, 2022
Total Views: 890


Lomar Shipping Acquires German Shipowner and Manager Carl Büttner

London-based Lomar Shipping has acquired the Bremen, Germany-based shipowner and manager Carl Büttner for $160 million. Carl Büttner’s history in

October 3, 2022
Total Views: 1168


President Macron’s Chief of Staff Indicted Over MSC Links

PARIS, Oct 3 (Reuters) – French President Emmanuel Macron’s chief of staff has been indicted by the national financial crimes prosecutor

October 3, 2022
Total Views: 2132

Friday, September 30, 2022

U.S. Maritime Unions Respond to Jones Act Waiver: ‘Illegal, Unjustified and Unnecessary’

American maritime unions the Seafarers International Union; the American Maritime Officers; the International Organization of Masters, Mates and Pilots; and

September 30, 2022
Total Views: 11144

container ship

Container Shipping Turning Point? Long-Term Rates Start to Slide

Long-term contract rates in container shipping fell for just second time this year in September in what is now the latest sign that the sector’s

September 30, 2022
Total Views: 2766

pilot boarding san francisco

San Francisco Bay Pilotage System Gets Much-Needed Rate Structure Update

California Governor Gavin Newsom has signed into law a bill providing for the first significant update to the rate structure of San Francisco Bay’s

September 30, 2022
Total Views: 1656

Thursday, September 29, 2022
cma cgm logo on a shipping container

CMA CGM Program Trades Carbon Credits for Early Container Returns

French shipping giant CMA CGM is launching a new incentive program that will give U.S. customers a chance to earn carbon credits for returning containers

September 29, 2022
Total Views: 1152