Shipping

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


Friday, October 11, 2024
NSR escort July 2024
Shipping

Arctic Shipping Boom Continues as China and Russia Push Cargo Volume To New Heights

By Malte Humpert (gCaptain) – Arctic shipping continues to have a breakout year setting new records for transit traffic and container ship voyages. As of

October 11, 2024
Total Views: 5245

FILE PHOTO: Ships and shipping containers are pictured at the port of Long Beach in Long Beach, California, U.S., January 30, 2019. REUTERS/Mike Blake/File Photo
Shipping

WTO Sees Modest Global Trade Growth Amid Geopolitical Uncertainties

The World Trade Organization (WTO) has released updated projections for global trade growth, painting a picture of cautious optimism tempered by ongoing

October 11, 2024
Total Views: 500

A CMA CGM containership underway in the Suez Canal
Shipping

China Seeks Carbon Data From Ships as Trading Scheme Grows

(Bloomberg) — Authorities in China have started to ask some overseas shipowners to report on their carbon emissions, highlighting greater scrutiny of the

October 11, 2024
Total Views: 1144

Crowley's 330,000-barrel petroleum tank Articulated Tug Barge Liberty en route to Florida.
Shipping

Florida’s Petroleum Supply Chain Recovering from Milton

As Hurricane Milton struck Florida’s Gulf Coast, the state’s petroleum supply chain faced significant challenges. The Category 3 hurricane prompted

October 11, 2024
Total Views: 1304

Thursday, October 10, 2024
Aerial of a containership underway
Shipping

Shipping’s New Normal: How Red Sea Diversions are Reshaping Global Trade

(gCaptain) – The Red Sea diversions over the last year have shown trade is like water—it will always find a way to flow. The old adage “trade at

October 10, 2024
Total Views: 2785

Ukrainian coast guard patrols the "grain corridor" in the Black Sea. REUTERS/Thomas Peter
Shipping

Russian Attacks Spark Surge in War Insurance for Ukraine Grain Ships

By Áine Quinn and Alex Longley (Bloomberg) — The cost of insuring vessels that transit Ukraine’s shipping corridor in the Black Sea jumped this week

October 10, 2024
Total Views: 816

Yahya Sarea, the Houthi military spokesperson delivers a statement, during a rally to show continued support to the Palestinians in the Gaza Strip, on the first Friday of the fasting month of Ramadan, in Sanaa, Yemen, March 15, 2024. REUTERS/Khaled Abdullah
Shipping

Houthis Strike Tanker ‘Olympic Spirit’ in Red Sea

CAIRO, Oct 10 (Reuters) – A Liberia-flagged tanker was struck twice with missiles and drones in the Red Sea on Thursday morning, in an attack

October 10, 2024
Total Views: 2015

A worker near a ship under construction at Hyundai Heavy Industries' Shipyard in Ulsan, South Korea, May 13, 2015. REUTERS/Kim Hong-Ji/File Photo
Shipping

Hyundai Heavy Industries Claims Zero-Carbon Ammonia Dual-Fuel Engine Breakthrough

South Korean shipbuilder HD Hyundai Heavy Industries has achieved a significant milestone in eco-friendly shipbuilding with the development of the

October 10, 2024
Total Views: 1042

Damage to the Saint Kitts and Nevis-flagged Paresa
Shipping

Russian Strikes on Ukraine’s Ports and Ships Raises Black Sea Tensions

KYIV/LONDON, Oct 10 (Reuters) – A series of Russian missile strikes on Ukrainian Black Sea port infrastructure and commercial vessels

October 10, 2024
Total Views: 893

Wednesday, October 9, 2024
tanker deck
Shipping

Geopolitical Volatility Fuels Surge in Tanker Rates

With tensions in the Middle East ratcheting upward again, the tanker market is taking notice. In a weekly market opinion piece titled “Tankers in

October 9, 2024
Total Views: 968

FILE PHOTO: A P&O ferry arrives at the Port of Dover, following the end of the Brexit transition period, in Dover, Britain, January 15, 2021. REUTERS/John Sibley/File Photo
Shipping

UK Government Introduces New Employment Rights Bill to Strengthen Seafarer Protections

The UK government has unveiled a draft Employment Rights Bill aimed at enhancing protections for seafarers, a move welcomed by UK-based maritime union Nautilus

October 9, 2024
Total Views: 1090

The Fortescue Green Pioneer pictured in the Port of Singapore. Photo courtesy Fortescue
Shipping

Singapore Bunker Standards for Methanol, Ammonia Expected by 2025

SINGAPORE, Oct 9 (Reuters) – New standards for bunkering methanol and ammonia will be developed by 2024 and 2025 respectively, the Maritime and Port

October 9, 2024
Total Views: 692

Aerial view of a container terminal at the Port of Montreal
Shipping

Port of Montreal Dockworkers to Refuse Overtime Amid Stalled Labor Negotiations

The Port of Montreal faces potential disruptions as longshore workers prepare to refuse overtime starting Thursday. This labor action, announced by the

October 9, 2024
Total Views: 805

Close in photo of Maersk ship loaded with containers
Shipping

Court Blocks Top Africa Port Deal as Maersk Contests Award

(Bloomberg) — A South African court temporarily blocked a deal between the nation’s state-owned logistics firm and a company owned by Filipino

October 9, 2024
Total Views: 2678

Illustration of ESL's green handy-size newbuild bulk carriers
Shipping

ESL Shipping Orders Four Green Methanol-Fueled Baltic Bulkers

Helsinki-based ESL Shipping, the Baltic region’s leading dry bulk carrier, has announced a major investment in four new fossil-free handysize vessels to

October 9, 2024
Total Views: 700

Commandant Ann Phillips
Shipping

MARAD Taps ABS to Establish U.S. Center for Maritime Innovation

The Maritime Administration (MARAD) has chosen the American Bureau of Shipping (ABS) to establish and maintain the U.S. Center for Maritime Innovation as its

October 9, 2024
Total Views: 833

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 and Hapag-Lloyd Confirm ‘Cape’ Route for Gemini Cooperation Launch

Shipping giants Maersk and Hapag-Lloyd have announced their decision to utilize the Cape of Good Hope network for the launch of their “Gemini

October 9, 2024
Total Views: 2875

Tuesday, October 8, 2024
A youtube thumbnail of a ship sailing past a hawaiin island
Shipping

Shipping To Hawaii: Unpacking The Islands Maritime Supply Chain

In the United States, the Jones Act is an explosive topic, drawing fierce debate between supporters in the U.S. Merchant Marine and well-funded lobbyists on

October 8, 2024
Total Views: 2938

FILE PHOTO: Shipping containers are stacked for storage at Wando Welch Terminal operated by the South Carolina Ports Authority in Mount Pleasant, South Carolina, U.S. May 10, 2018. Picture taken May 10, 2018. REUTERS/Randall Hill/File Photo
Ports

Short-Lived U.S. Port Strike Unlikely to Slow Import Surge

Imports at major U.S. container ports are expected to stay elevated this month, despite last week’s labor strike that halted operations at East and Gulf

October 8, 2024
Total Views: 1262

Satellite imagery captured by the European Space Agency's Copernicus Sentinel-2 shows three tankers at Iran's Kharg Island export terminal, October 8, 2024.
Shipping

Iran Is Still Shipping Crude Oil From Kharg Island Export Terminal

By Julian Lee (Bloomberg) — Iran is still exporting crude oil from its main Kharg Island terminal even after a flotilla of oil tankers fled nearby

October 8, 2024
Total Views: 1831