Shipping

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


Thursday, August 8, 2024
Aerial photos of the U.S. Merchant Marine Academy campus at Kings Point, New York
Shipping

Report: Leadership and Planning Gaps Contributing to Fragile Infrastructure Progress at U.S. Merchant Marine Academy

The U.S. Merchant Marine Academy has made progress in addressing campus facility and infrastructure needs since 2022, but progress remains fragile due to a

August 8, 2024
Total Views: 1458

Euronav Flags U.S. Election, China Economy as Risks to Shipping Momentum
Shipping

Euronav Flags U.S. Election, China Economy as Risks to Shipping Momentum

Aug 8 (Reuters) – Euronav expects a rise global sea trade this year driven by the rerouting of Red Sea shipping though a change in the U.S.

August 8, 2024
Total Views: 538

Wednesday, August 7, 2024
LNGC Pioneer traveling in a southwesterly direction around 100 nm off Norway’s northern coast on August 7. (Source: Sentinel Hub)
Shipping

‘Shadow Fleet’ LNG Carrier Reemerges Off Norway After Calling at Sanctioned Arctic LNG 2

By Malte Humpert (gCaptain) – A week after calling at Russia’s sanctioned Arctic LNG 2 project, liquefied natural gas (LNG) carrier Pioneer has

August 7, 2024
Total Views: 5504

Containers are seen at Yantian port in Shenzhen, Guangdong province, China July 4, 2019. Picture taken July 4, 2019. REUTERS/Stringer
Shipping

Record-Breaking Ocean Container Shipping Demand from China

Ocean container shipping demand from China to North America and North Europe hit record highs in June 2024, driven by importers scrambling to secure their

August 7, 2024
Total Views: 6796

oil tanker
Shipping

India’s Crude Oil Imports from Russia Surge 1000%

India now sources 40% of its crude oil imports from Russia, with year-to-date volumes averaging 1.6 million barrels per day (mbpd), according to BIMCO. This

August 7, 2024
Total Views: 2128

Inauguration of Maersk's first container ship Laura Maersk that sails on green methanol in Copenhagen, Denmark September 14, 2023. Ritzau Scanpix/ Mads Claus Rasmussen via REUTERS
Shipping

Maersk Changes Its Tune on LNG

(Bloomberg) — Shipping giant A.P. Moller-Maersk A/S is in the process of securing 50-60 vessels as part of its fleet renewal program, including ships

August 7, 2024
Total Views: 3327

A containership at the Port of Long Beach
Shipping

U.S. Container Imports Reach Record Levels in July

Descartes Systems Group’s August Global Shipping Report reveals a significant increase in U.S. container imports for July 2024, marking the third-highest

August 7, 2024
Total Views: 1089

Yangshan Port south of Shanghai, China.
Shipping

U.S. Slowdown Imperils China’s Path to Export-Driven Recovery

(Bloomberg) — China’s export engine, vital for keeping the country’s growth target of around 5% within reach, is now threatened by signs of sagging

August 7, 2024
Total Views: 898

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

Maersk Sees Growth Slowing After Red Sea Crisis Boost

COPENHAGEN, Aug 7 (Reuters) – Maersk expects global container shipping growth to slow from a strong start to the year, when customers soaked up

August 7, 2024
Total Views: 531

msc containership
Shipping

MSC Achieves Record Market Share in Container Shipping

Mediterranean Shipping Company (MSC) has reached an unprecedented market share of 19.8%, the highest ever recorded by a carrier, according to Alphaliner. The

August 7, 2024
Total Views: 3877

Ane Maersk arrives at the Port of Hamburg on maiden voyage.
Shipping

Maersk Advances Fleet Renewal with Massive Dual-Fuel Vessel Orders

Maersk is advancing its fleet renewal program by ordering and chartering 800,000 TEU of dual-fuel containerships as it seeks to keep its “competitive

August 7, 2024
Total Views: 1392

Tuesday, August 6, 2024
Höegh Aurora. Photo courtesy Höegh Autoliners
Shipbuilding

Hoegh Autoliners’ First Aurora Class PCTC Sets Sail

Höegh Autoliners has launched the first Aurora Class pure car and truck carrier (PCTC), Höegh Aurora, at China Merchants Heavy Industry’s yard in Jiangsu,

August 6, 2024
Total Views: 2172

Central rail yard project at the Port of Virginia
Ports

Port of Virginia Expands Rail Yard, Boosting Capacity By 31%

The Port of Virginia’s newly expanded central rail yard is now fully operational, significantly enhancing the port’s rail capacity to handle 2

August 6, 2024
Total Views: 951

Container-Ship-at-sea_Credt_-Robert-Schwemmer_NOAA
Shipping

Expeditors Second-Quarter Profit Falls as Red Sea Tensions Weigh

Aug 6 (Reuters) – Logistics provider Expeditors International of Washington reported a lower second-quarter profit on Tuesday, after weak demand

August 6, 2024
Total Views: 1011

A drone view of three berths able to load vessels with oil is seen after their construction at Westridge Marine Terminal, the terminus of the Canadian government-owned Trans Mountain pipeline expansion project in Burnaby, British Columbia, Canada, April 26, 2024. REUTERS/Chris Helgren/File Photo
Shipping

Crude Oil Exports Help Canada Swing to Surprise Trade Surplus in June

OTTAWA, Aug 6 (Reuters) – Canada recorded a surprise trade surplus of C$638 million ($461 million) in June, data showed on Tuesday, mainly led by a

August 6, 2024
Total Views: 782

Hoegh Autoliners stock photo
Shipping

World’s Biggest Car Shipper Warns Charter Rates Will Come Down

(Bloomberg) — High global charter shipping rates buoyed by record exports of electric vehicles from China may not last, the head of the world’s larger

August 6, 2024
Total Views: 1447

Monday, August 5, 2024
An official slides down a rope during a helicopter raid on MSC Aries ship at sea in this screen grab obtained from a social media video released on April 13, 2024. Video obtained by Reuters/via REUTERS
Shipping

Filipino Seafarers from Seized MSC Aries Return Home

The three remaining Filipino seafarers from the Portuguese-flagged MSC Aries, which was seized by Iranian authorities in April while transiting the Strait of

August 5, 2024
Total Views: 2789

A CMA CGM containerships transits the Panama Canal
Shipping

Panama Canal Authority Increases Capacity as Water Levels Return

The Panama Canal Authority (ACP) has increased the number of daily transits and maximum draft of the expanded neopanamax locks, bringing the waterway one step

August 5, 2024
Total Views: 1735

Container vessel approaching the terminal at the Port of Savannah, Georgia
Shipping

Potential Coast-Wide Port Strike Inches Closer

The International Longshoremen’s Association (ILA) has scheduled Wage Scale Committee Meetings for earlier next month in New Jersey to review demands to

August 5, 2024
Total Views: 1979

Illustration of the wind-assisted LNG carrier concept
Shipping

MOL Secures Class Approval for World’s First Wind-Assisted LNG Carrier Design

Mitsui O.S.K. Lines, Ltd. (MOL) has achieved a significant milestone by receiving approval in principle (AiP) from classification society ClassNK for the

August 5, 2024
Total Views: 1286