Shipping

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


Monday, September 9, 2024
Australia Seeks Commercial Vessels for ‘Strategic Fleet’
Shipping

Australia Seeks Commercial Vessels for ‘Strategic Fleet’

The Australian Government has announced a request for tender for vessels to participate in its Strategic Fleet Pilot program, a five-year initiative aimed at

September 9, 2024
Total Views: 1282

An LNG carrier at night
Shipping

Sanctioned Russian Gas Plant Sends Cargo to Asia for First Time

(Bloomberg) — A sanctioned Russian liquefied natural gas export facility is sending a shipment to Asia for the first time, as Moscow continues a search

September 9, 2024
Total Views: 1090

Hoegh Autoliners stock photo
Shipping

Höegh Autoliners Sells Older Vessel for $60 Million in Red-Hot RoRo Market

Oslo-based Höegh Autoliners ASA has announced the sale of its vessel Höegh New York for $60.6 million, as part of its fleet optimization strategy. The 6,500

September 9, 2024
Total Views: 1388

Everest Energy Arctic LNG 2
Shipping

In Desperate Move Russia Sends First-Ever Conventional LNG Carrier Through Arctic

By Malte Humpert (gCaptain) – In a risky move aimed at overcoming Western sanctions Russian LNG producer Novatek dispatched the non-ice class LNG carrier

September 9, 2024
Total Views: 88569

Saturday, September 7, 2024
Barges make their way down the Mississippi River, where the water levels have reached historically record lows in Memphis, Tennessee, U.S. October 23, 2022. Photo REUTERS/Karen Pulfer Focht
Shipping

Drought Shrivels The Mississippi River And Threatens To Disrupt US Food Exports

By Brian K. Sullivan and Tarso Veloso Sep 7, 2024 (Bloomberg) —Drought across the central US is shrinking the Mississippi River, sending barge rates

September 7, 2024
Total Views: 2031

Friday, September 6, 2024
lng tanker grand aniva
Shipping

Egypt Seeks Rare LNG Cargoes for Winter, Squeezing Supply

(Bloomberg) — Egypt is seeking winter cargoes of liquefied natural gas for the first time in years, highlighting a deepening energy shortage that will

September 6, 2024
Total Views: 1726

Asya Energy, called LNG Rivers at the time, in 2017 off the coast of Las Palmas, Spain. (Source: With permission by Alan Soutar)
Shipping

LNG Entities Under U.S. Sanctions to Curb Russia’s Arctic LNG 2 Project

SINGAPORE, Sept 6 (Reuters) – The United States has imposed sanctions on hundreds of entities and individuals for supporting Russia’s war effort in

September 6, 2024
Total Views: 1222

The MV Canopée docked at Port Canaveral’s North Cargo Berth 1 (NCB1)
Shipping

World’s First Hybrid Cargo Ship Delivers NASA Moon Mission Module to Port Canaveral

The MV Canopée, the world’s first hybrid propulsion commercial cargo vessel, made its inaugural U.S. visit to Port Canaveral, delivering a crucial

September 6, 2024
Total Views: 3520

Dry bulk coal shipping. ImagineStock/Shutterstock
Shipping

Dry Bulk Shipping Sees Renewed Momentum 

The dry bulk shipping sector is experiencing a resurgence, with the Baltic Dry Index (BDI) showing improvement and major financial institutions taking notice.

September 6, 2024
Total Views: 874

A containership docking at the Port of Cape Town
Shipping

Container Spot Rates Plummet as Asia-Europe Trades Witness Double-Digit Declines

By Gavin van Marle (The Loadstar) – The steady decline of container spot freight rates between Asia and Europe turned decidedly steeper this week, with

September 6, 2024
Total Views: 1908

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

California Passes Bill to Enhance Maritime Safety and Port Efficiency

California’s legislature has approved Assembly Bill 1122, a significant step towards improving mariner safety and port operations stability on the

September 6, 2024
Total Views: 1541

Thursday, September 5, 2024
Stock photo of an oil tanker moored at sea
Shipping

Libya Oil Exports Still Mostly Shut, Some Ships Loading From Storage

BENGHAZI, Sept 5 (Reuters) – Libyan oil exports remained largely halted on Thursday, shipping data showed, but some tankers were being allowed to

September 5, 2024
Total Views: 1169

Arctic LNG 2 employee overlooking the Belokamenka construction yard. (Source: Novatek)
Shipping

Breaking: U.S. Sanctions Additional LNG Carriers In Effort to Deep Freeze Russia’s Arctic LNG 2

By Malte Humpert (gCaptain) – Just days after sanctioning seven LNG carriers associated with Russia’s flagship liquefied gas project, Arctic LNG 2, the

September 5, 2024
Total Views: 2958

Bunker Spill Shuts Several Beaches in Spain’s Gran Canaria
Oil Spill

Bunker Spill Shuts Several Beaches in Spain’s Gran Canaria

TELDE, Sept 5 (Reuters) – An oil spill off the Spanish island of Gran Canaria forced local authorities to close several beaches in the popular holiday

September 5, 2024
Total Views: 1495

FILE PHOTO: Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, as it sails in the Strait of Gibraltar towards the port of Algeciras, Spain January 19, 2023. REUTERS/Jon Nazca/File Photo
Shipping

Maersk: Red Sea Reroutings Will Continue as Attacks Intensify

Shipping giant Maersk, the world’s second-largest liner operator, says it will continue to avoid trade routes through the Red Sea until safety of its

September 5, 2024
Total Views: 1033

Wednesday, September 4, 2024
Port of long beach
Shipping

MSC Grows Shipping Empire with Second-Hand Vessels

Mediterranean Shipping Company (MSC) has maintained its dominant position in the container shipping industry through an unprecedented buying spree of

September 4, 2024
Total Views: 2735

COSCO bulk ship at sea
Shipbuilding

COSCO Shipping Inks Massive 42-Vessel Deal

COSCO SHIPPING Development, a subsidiary of China state-owned COSCO Group, has announced a landmark agreement for the investment, construction, and leasing of

September 4, 2024
Total Views: 2076

FILE PHOTO: Container vessel Maersk Hangzhou sails in the Wielingen channel, Westerschelde, Netherlands, July 15, 2018. Rene van Quekelberghe/Handout via REUTERS/File Photo
Shipping

Container Shipping Industry Sees Surge in Profits Amid Global Trade Challenges

The container shipping industry reported a significant profit increase in the second quarter of 2024. According to John McCown’s quarterly report on

September 4, 2024
Total Views: 1267

A Wallenius Wilhelmsen vessel in port
Environment

DNV Awards Wallenius Wilhelmsen First Biofuel Insetting Verification

Classification society DNV has awarded Wallenius Wilhelmsen its first biofuel insetting verification statement in recognition of the company’s use of

September 4, 2024
Total Views: 612

Singapore Allows Night Movements at Pasir Panjang Container Terminal to Reduce Wait Times
Shipping

Singapore Allows Night Movements at Pasir Panjang Container Terminal to Reduce Wait Times

SINGAPORE, Sept 4 (Reuters) – Singapore will allow for night movement of line-towed container barges to and from Pasir Panjang Terminal, following a

September 4, 2024
Total Views: 849