Shipping

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


Friday, October 18, 2024
Aerial top view of a containership underway
Shipping

No End in Sight: New Ships Won’t Stop Freight Rates From Climbing in 2025

By Charlie Bartlett (The Loadstar) – Some three million TEU of new tonnage arriving next year will most likely be “more than offset” by further

October 18, 2024
Total Views: 1954

Greek Dockworkers Block Ammunition Shipment to Israel in Anti-War Protest
Shipping

Greek Dockworkers Block Ammunition Shipment to Israel in Anti-War Protest

ATHENS, Oct 18 (Reuters) – Dozens of members of a Greek dockworkers’ union have blocked the loading of a container of ammunition destined for

October 18, 2024
Total Views: 1785

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

Hapag-Lloyd and Maersk Confident in Gemini’s Ambitious 90% Reliability Target

The heads of the new Gemini Cooperation—Rolf Habben Jansen, CEO of Hapag-Lloyd, and Kenni Skotte, Vice President and Head of Ocean Network Product at

October 18, 2024
Total Views: 1277

Thursday, October 17, 2024
Sounion oil tanker on fire in Red Sea. EUNAVFOR ASPIDES/Handout via REUTERS
Shipping

U.S. Sanctions Additional Ships and Captains in Iranian Oil Smuggling Network Linked to Houthi Attacks

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed additional sanctions on 18 entities, individuals, and vessels

October 17, 2024
Total Views: 1733

The Pan Viva, a 738-foot cargo vessel, beset by weather 2.3 miles northeast of Unalaska, Oct. 12, 2024.
Shipping

Coast Guard Says ‘Swift Action’ Helped Avert Disaster in Alaska

The 738-foot cargo vessel Pan Viva safely departed Dutch Harbor, Alaska, on Monday night, bound for Kalama, Washington, after narrowly avoiding a potential

October 17, 2024
Total Views: 3762

Wreckage of the Francis Scott Key Bridge and the M/V Dali cargo ship, May 9, 2024, U.S. Navy Photo
Ports

Baltimore’s Coal Exports Roar Back to Life After Bridge Collapse

Coal exports from the Port of Baltimore have made a remarkable recovery following a complete halt in shipments earlier this year due to the collapse of the

October 17, 2024
Total Views: 2109

sibir in ice
Featured

Chinese Vessels Without Ice Class Violate Arctic Safety Rules, Struggling Through Ice To Deliver Sanctioned Cargo

By Malte Humpert (gCaptain) – In an attempt to deliver a power plant to a Russian Arctic LNG project before winter two Chinese heavy lift vessels are inching

October 17, 2024
Total Views: 49163

FILE PHOTO: Shutterstock/Vallehr
Shipping

Global Energy System Faces Urgent Challenges Amid Rising Geopolitical Risks, Says IEA

The International Energy Agency’s (IEA) World Energy Outlook 2024 sheds light on critical vulnerabilities in today’s global energy system,

October 17, 2024
Total Views: 412

Aerial of Liquified Natural Gas LNG carrier moored to a small gas terminal
Shipping

LNG Tanker Glut is Softening Blow for Consumers Facing High Gas Prices

(Bloomberg) — Ships that carry liquefied natural gas are being built faster than new supplies of the fuel can come to market, helping to lower transport

October 17, 2024
Total Views: 418

An aerial view shows an SCF tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022
Featured

UK Tightens the Noose on Russia’s Shadow Fleet with Sweeping Sanctions

In a major escalation of its sanctions against Russia’s covert seaborne oil exports, the United Kingdom today announced its most significant package to date

October 17, 2024
Total Views: 926

The former Fremantle Highway is loaded on the BOKA Vanguard in the Port of Rotterdam.
Accidents

Fire-Damaged Fremantle Highway Hitches a Ride to Asia

Dutch marine services company Boskalis has embarked on the final phase of a 15-month saga involving the car carrier formerly known as Fremantle Highway. The

October 17, 2024
Total Views: 2385

Wednesday, October 16, 2024
The Prosperity FPSO at Payara, Guyana’s third offshore oil development on the Stabroek Block. Photo courtesy ExxonMobil
Offshore

Guyana Moves to Diversify Offshore Energy Production as Oil Exports Leap

Guyana has taken a significant step in expanding its offshore oil and gas production, with energy giants TotalEnergies, Qatar Energy, Petronas, Cybele Energy,

October 16, 2024
Total Views: 1653

NYPD boat
Shipping

Tragedy on the Hudson: Negligent Captain Pleads Guilty in Fatal Charter Boat Capsizing

Richard Cruz, the owner and captain of the ill-fated vessel Stimulus Money, has pleaded guilty to charges of misconduct and neglect resulting in the

October 16, 2024
Total Views: 3793

The LNG-powered containership, the CMA CGM, on the river Elbe near the city of Hamburg, Germany, February 14, 2021. Photo: FrankHH / Shutterstock.com
Environment

LNG Marks Return as Container Shipping’s Favorite Alternative Fuel

LNG-powered vessels have taken center stage in 2024, overshadowing methanol as the preferred alternative fuel choice for green shipping. This trend, reported

October 16, 2024
Total Views: 1593

FILE PHOTO: Midshipmen walk along the Joint Logistics Over-The-Shore (JLOTS) Admin Pier, an 800-foot long, small-craft pier, created by attaching non-powered Navy lighterage causeway sections together. U.S. Navy photo taken on July 15, 2008.
Shipping

Army Commands D.C. Spotlight, But It’s the Navy and Merchant Marine Fighting the Future Fight

When the U.S. Navy, Coast Guard, and Merchant Marine hold their joint annual Sea Air Space conference, it barely fills a single hotel. In stark contrast, this

October 16, 2024
Total Views: 1861

Russia Has a Crazy Plan to Use Nuclear-Powered Submarines to Transport Arctic LNG
Featured

Russia Has a Crazy Plan to Use Nuclear-Powered Submarines to Transport Arctic LNG

MOSCOW, Oct 16 (Reuters) – Russia has begun designing nuclear-powered submarines to export liquefied natural gas (LNG) from the Arctic to

October 16, 2024
Total Views: 52816

Garamendi Charts Bold Course for American Maritime Renaissance
Shipping

Garamendi Charts Bold Course for American Maritime Renaissance

Representative John Garamendi (D-CA-08), the leading Democrat on the House Armed Services Subcommittee on Readiness, recently joined Secretary of the Navy

October 16, 2024
Total Views: 1284

The TS Patriot State during the handover event. (Photo credit Jake Belcher.)
Defense

Photos: MARAD Transfers New Training Ship to Massachusetts Maritime Academy

The U.S. Maritime Administration officially transferred custody of the new training ship Patriot State to Massachusetts Maritime Academy (MMA)

October 16, 2024
Total Views: 2947

LNG carrier in dense fog
Featured

Russia’s Shadow Fleet Stalls, Leaving 1 Million Cubic Meters of LNG Undelivered

As Russia’s attempt to establish an LNG shadow fleet enters its third month, undelivered cargos continue to stack up aboard LNG carriers and floating storage

October 16, 2024
Total Views: 20953

Tuesday, October 15, 2024
A warship with the EU's Operation Aspides escorts a tanker and cargo ship sail through the Southern Red Sea. Photo courtesy Operation Aspides
Shipping

Red Sea Shipping Crisis: Oil Flows Through Bab el-Mandeb Plummets By Over Half in 2024

The flow of crude oil and oil products through the strategic Bab el-Mandeb Strait has plummeted by over 50% in the first eight months of 2024, according to the

October 15, 2024
Total Views: 2020