Shipping

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


Wednesday, September 16, 2020
tanker
Maritime News

Business of Shipping: Considerations When Vetting a Tank Vessels to Charter

By Ira Breskin – A tanker charterer should carefully vet a nominated vessel by conducting prudent risk assessments to reduce liability. In fact, it is

September 16, 2020
Total Views: 201

Friday, September 11, 2020
Maritime News

Oil Traders Snap Up Tankers in Sign of Second-Wave Contango

By Sheela Tobben and Javier Blas (Bloomberg) –Some of the world’s biggest oil traders are getting ready for the possible resurgence of a

September 11, 2020
Total Views: 87

Thursday, September 10, 2020
oil tanker photo
Maritime News

BP Books Tanker for Storage at Lowest Rate This Year

By Florence Tan and Roslan Khasawneh SINGAPORE, Sept 10 (Reuters) – Oil major BP has provisionally chartered a supertanker to store crude oil off

September 10, 2020
Total Views: 103

Wakashio ship sinking
Accidents

IMO FAIL – Forbes Drills Deep Into The Wakashio Salvage Efforts

by John Konrad (gCaptain) According to a new report by Forbes, M/V Wakashio salvage and oil recovery efforts are failing on many fronts. These failures have

September 10, 2020
Total Views: 568

Wednesday, September 9, 2020
imo-Matthew-Sommerville
Oil Spill

Watch An IMO ‘Expert’ Give Mauritius The Worst Advice Ever

by Captain John Konrad (gCaptain) Last week Forbes contributor Nishan Degnarain, continued his penetrating coverage of the Wakashio oil spill by questioning

September 9, 2020
Total Views: 713

Tuesday, September 8, 2020
Maritime News

MOL Charisma Underway After Cargo Fire

The MOL Charisma is back underway today following a fire in a cargo hold earlier this month off Sri Lanka. Hapag-Lloyd confirmed the incident in a Sept 3

September 8, 2020
Total Views: 74

oil tanker
Maritime News

Supertanker Earnings Go from Boom to Bust as Demand Wavers

By Alex Longley (Bloomberg) –Just six months ago, oil supertankers experienced a windfall as the pandemic slashed demand for crude and traders raced to

September 8, 2020
Total Views: 200

Tuesday, September 1, 2020
maersk ship
Maritime News

Maersk to Cut Jobs and Retire Brands in Major Reorganization

COPENHAGEN, Sept 1 (Reuters) – Maersk will cut jobs in a major shake-up that will affect a third of the shipping giant’s staff as it seeks to

September 1, 2020
Total Views: 123

Friday, August 28, 2020
Lomonosov Prospect northern sea route
Maritime News

As Arctic Ice Melts, Polluting Ships Stream Into Polar Waters

By Jonathan Saul LONDON, Aug 28 (Reuters) – As melting sea ice opens the Arctic to navigation, more ships are plying the loosely regulated polar waters,

August 28, 2020
Total Views: 91

Thursday, August 27, 2020
containership
Maritime News

Carriers Scramble to Charter Larger Containerships at ‘Whatever it Takes’ Prices

By Mike Wackett (The Loadstar) Ocean carriers are scrambling to charter larger containerships to take advantage of skyrocketing freight rates caused by a spike

August 27, 2020
Total Views: 112

Monday, August 17, 2020
Ocean Princess Tanker
Finance

Ocean Tankers Seeks To Reclaim $19 Million From Lim Family

by Jessica Jaganathan (Reuters) – The court-appointed manager of Singapore Ocean Tankers is seeking to reclaim about $19 million from the Lim family

August 17, 2020
Total Views: 52

Tuesday, August 11, 2020
Oil tanker is docked in Venezuela
Maritime News

How Venezuela Lost Three Supertankers to Its Chinese Partner

By Luc Cohen and Roslan Khasawneh NEW YORK/SINGAPORE, Aug 11 (Reuters) – A shipping joint venture between Venezuela and China has fallen apart in the

August 11, 2020
Total Views: 32

Tuesday, August 4, 2020
ship emissions
Maritime News

Shipping’s Share of Global Carbon Emissions Increases

By Jonathan Saul LONDON, Aug 4 (Reuters) – Carbon emissions from shipping rose in the six-year period to 2018 and accounted for 2.89% of the world’s

August 4, 2020
Total Views: 205

Wednesday, July 29, 2020
Maritime News

Oil Tankers’ Strange Trips Reveal a Stubborn Glut of Diesel

By Ryan Hesketh, Prejula Prem and Jack Wittels (Bloomberg) — For clues about how glutted the global diesel market remains, just look at the bizarre

July 29, 2020
Total Views: 52

Thursday, July 23, 2020
container port
Maritime News

Strong Demand Sees Carriers Pile Back Capacity Into East – West Trades

By Mike Wackett (The Loadstar) – Due to continued increased demand, THE Alliance is extending its Asia – North Europe ‘extra loader’ programme with

July 23, 2020
Total Views: 34

Monday, July 20, 2020
Oil tanker in Ningbo Zhoushan port
Maritime News

Oil Tanker Titans to Get Little Joy From OPEC+ Opening the Taps

By Ryan Hesketh (Bloomberg) –At almost any other moment in history, the promise of oil producers pouring millions of barrels of crude to the global

July 20, 2020
Total Views: 8

Wednesday, July 15, 2020
Maritime News

COVID-19 Cases Confirmed on Two U.S.-Flagged Ships -Hapag-Lloyd

Hapag-Lloyd has announced positive COVID-19 cases on board two of its U.S.-flagged ships. The German container shipping group said the cases were confirmed on

July 15, 2020
Total Views: 127

tanker at sea
Maritime News

Gunvor CEO Says Oil Trading and Shipping Thrived Amid Coronavirus Crash

By Andy Hoffman and Laura Hurst (Bloomberg) –The billionaire CEO of Gunvor Group told staff the firm thrived during the oil market meltdown caused by the

July 15, 2020
Total Views: 31

Friday, July 10, 2020
Maritime News

Containership Demolition Increasing Despite Falling Scrap Prices

By Mike Wackett (The Loadstar) – With the containership charter market in the doldrums, demolition sales have picked up, with reports of a number of

July 10, 2020
Total Views: 228

Wednesday, July 8, 2020
Maritime News

Carriers Accused of ‘Profiteering from the Crisis’ Get Benefit of the Doubt for Now

By Mike Wackett (The Loadstar) – After better-than-expected first-quarter results, ocean carriers have upgraded their financial guidance, despite the

July 8, 2020
Total Views: 39