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


Sunday, March 3, 2024
A satellite image shows the cargo ship Rubymar before it sank, on the Red Sea. Handout via REUTERS
Shipping

Ship Sunk By Houthis Threatens Red Sea Environment

By Mohammad Ghobari ADEN, Yemen, March 2 (Reuters) – A UK-owned ship attacked by Houthi militants last month sank in the Red Sea, the U.S.

11 hours ago
Total Views: 572

Fuga Bluemarine crude oil tanker lies at anchor near the terminal Kozmino in Nakhodka Bay. REUTERS/Tatiana Meel
Shipping

Some OPEC+ Members Agree To Extend Oil Output Cuts

By Maha El Dahan and Alex Lawler DUBAI, March 3 (Reuters) – Some OPEC+ members agreed on Sunday to extend voluntary oil output cuts into the second

11 hours ago
Total Views: 246

U.S. military confirms Rubymar vessel has sunk after being struck by Houthi missile. Handout via REUTERS
Shipping

Yemen’s Houthis Say They Will Continue Sinking British Ships

CAIRO, March 3 (Reuters) – Yemen’s Iran-backed Houthis vowed on Sunday to continue targeting British ships in the Gulf of Aden following

12 hours ago
Total Views: 663

Saturday, March 2, 2024
Oil tanker on Lake Maracaibo, in Cabimas. REUTERS/Issac Urrutia
Shipping

Venezuela’s February Oil Exports Rise, But Shipping Delays Persist

By Marianna Parraga and Mircely Guanipa March 1 (Reuters) – Venezuela’s oil exports slightly increased in February to some 670,000 barrels per

March 2, 2024
Total Views: 745

A satellite image shows the cargo ship Rubymar before it sank, on the Red Sea. Maxar Technologies/Handout via REUTERS
Shipping

Rubymar Has Sunk, Yemeni Government Says

ADEN, Yemen, March 2 (Reuters) – The Rubymar cargo ship, attacked last month, has sunk in the southern Red Sea, Yemen’s internationally

March 2, 2024
Total Views: 1876

Friday, March 1, 2024
tanker deck
Shipping

Russian Oil Tankers Behave Strangely After Latest U.S. Sanctions

By Julian Lee (Bloomberg) — Two oil tankers appeared to stop what they were doing off the coast of Greece just a few days after the US Treasury

March 1, 2024
Total Views: 8124

A Sikorsky S-92 helicopter hovering
Shipping

Norway’s Oil Industry Resumes Helicopter Flights After Deadly Crash

By Nerijus Adomaitis and Stine Jacobsen OSLO, March 1 (Reuters) – Norwegian oil companies resumed helicopter flights to offshore oil and gas fields

March 1, 2024
Total Views: 1744

Tidewater offshore vessel at sea
Offshore

Tidewater Shares Surge as 2023 Revenue Tops $1 Billion

Shares of Houston-based offshore support vessel operator Tidewater Inc. (NYSE:TDW) surged as much as 15% on Friday following its fourth quarter and full year

March 1, 2024
Total Views: 2132

A containership at the Port of Long Beach
Shipping

Shippers, Carriers Navigate Soaring Rates Heading Into Contract Negotiations

Long-term container freight rates are soaring as many U.S. shippers begin negotiations over new long term contracts at the Journal of Commerce’s TPM24

March 1, 2024
Total Views: 2658

iron ore ship
Shipping

Baltic Dry Index Soars on Strong Vessel Rates

March 1 (Reuters) – The Baltic Exchange’s dry bulk sea freight index strengthened to hit an over two-month peak on Friday and posted a

March 1, 2024
Total Views: 592

OSV
Shipping

ITF Raises Alarm Over Saudi Shipowner Abandoning Crews

The International Transport Workers’ Federation (ITF) has raised serious concerns over unpaid wages of seafarers working on eight vessels owned by

March 1, 2024
Total Views: 2588

Palau-flagged bulk carrier Aroyat is pictured at sea, in this picture obtained from social media and released on September 22, 2023. Oleksandr Kubrakov via X/via REUTERS
Shipping

Only Grain Ships From Black Sea and for Iran Still Crossing Red Sea

HAMBURG, March 1 (Reuters) – Grain ships originating from the Black Sea or bound for Iran are about the only ones still sailing through the

March 1, 2024
Total Views: 6888

Thursday, February 29, 2024
Taiwan Faces Steady ‘Drip’ of Pressure from China
Shipping

Taiwan Faces Steady ‘Drip’ of Pressure from China

By Yimou Lee and Ben Blanchard TAIPEI, March 1 (Reuters) – Taiwan is facing a steady “drip, drip” of Chinese pressure ahead of the

February 29, 2024
Total Views: 926

The Kozmino oil port in eastern Russia
Shipping

US Sanctions Are Moving Closer to Disrupting Russia’s Crude Exports

Sanctions by the US Treasury are quietly turning up the heat on Russia’s oil exports — to the point where they may soon be at risk of curtailment, writes

February 29, 2024
Total Views: 2368

Feeport, Bahamas - May 2019: Tug boat RT Raptor near the pier close to the Freeport Container Port and Cruise Port
Shipping

KOTUG International Takes Full Ownership of Freeport Towage Joint Venture

Dutch towage operator KOTUG International has acquired full ownership of its Freeport, Bahamas-focussed joint venture with SEACOR Holdings, with KOTUG buying

February 29, 2024
Total Views: 894

offshore oil rig
Shipping

Exxon Plays Hardball With Chevron Over Guyana’s Oil Riches

By Kevin Crowley and Rachel Graf (Bloomberg) — It’s rare for disputes between any of the world’s supermajor oil companies to spill out in public.

February 29, 2024
Total Views: 2204

cma cgm headquaters and logo with French flag
Shipping

CMA CGM Completes $5 Billion Bollore Logistics Takeover

By Gus Trompiz PARIS, Feb 29 (Reuters) – France’s CMA CGM has completed a $5 billion takeover of Bollore Logistics, its biggest-ever

February 29, 2024
Total Views: 1065

Wednesday, February 28, 2024
A image collage of Jumbo, SAL and Intermarine vessels
Shipping

Jumbo Shipping, SAL Heavy Lift and Intermarine Form Break Bulk Alliance

Dutch heavy-lift specialist Jumbo Shipping and German breakbulk and project cargo company SAL Heavy Lift are teaming up with U.S.-based multipurpose and liner

February 28, 2024
Total Views: 1664

A tug escorts a containership at the Port of Los Angeles, California. Photo: Robert V Schwemmer / Shutterstock.com
Shipping

Biden Administration Launches $3 Billion Clean Ports Program

The U.S. Environmental Protection Agency has announced the launch of the $3 billion Clean Ports Program to help fund zero-emission port equipment and

February 28, 2024
Total Views: 1863

The crew aboard the USS Gravely launches Tomahawk Land Attack Missiles in response to attacks on shipping by the Iranian-backed Houthi terrorist group in the Red Sea, Jan. 12, 2024. U.S. Navy Photo
Defense

U.S. Has Hit 230 Houthi Targets in Yemen

By Daniel Flatley and Tony Capaccio (Bloomberg) — The US has struck 230 targets in Yemen following Houthi-led attacks against shipping in the Red Sea, a

February 28, 2024
Total Views: 3285
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gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.