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


Monday, March 4, 2024
MOLCT-operated chemical tanker Ensemble. Photo courtesy MOL
Shipping

MOL Boosts Chemical Tanker Fleet with $400 Million Fairfield Acquisition

MOL Chemical Tankers (MOLCT), a wholly-owned subsidiary of Mitsui O.S.K. Lines (MOL), has completed its acquisition of all shares of Fairfield Chemical

March 4, 2024
Total Views: 1487

Container ships on Suez Canal.
Shipping

Suez Canal Head Says Egypt Studying Further Expansion of Waterway

CAIRO, March 4 (Reuters) – Egypt is studying further expansions of the Suez Canal to extend and complete a second channel of the waterway, the

March 4, 2024
Total Views: 3134

FILE PHOTO: Houthi followers hold a Palestinian flag during a parade in solidarity with the Palestinians in the Gaza Strip and to show support to Houthi strikes on ships in the Red Sea and the Gulf of Aden, in Sanaa, Yemen January 29, 2024. REUTERS/Khaled Abdullah//File Photo
Shipping

Containership Reports Fire After Houthi Attack

Houthi military spokesperson Yahya Sarea said on Monday the Iran-aligned group had targeted the “Israeli ship MSC SKY” in the Arabian sea. DUBAI,

March 4, 2024
Total Views: 3533

Mega Rail aerial
Ports

Port of Savannah Container Volumes Surge in February

The Georgia Ports Authority (GPA) saw a significant increase in container volumes at the Port of Savannah in February, with 451,670 twenty-foot equivalent

March 4, 2024
Total Views: 1130

MAN Energy Solutions to Offer Ammonia-Fueled Ship Engines After 2027
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MAN Energy Solutions to Offer Ammonia-Fueled Ship Engines After 2027

SINGAPORE, March 4 (Reuters) – MAN Energy Solutions plans to deliver later this year its first-ever engine fueled by ammonia for

March 4, 2024
Total Views: 1382

A cargo ship is moored in the Port of Long Beach while cranes retrieve cargo containers from the ship
Shipping

TPM24: Liner Heavyweights Face Tough Transpacific Contract Talks

By Mike Wackett in Long Beach (The Loadstar) – Some 4,000 container shipping industry attendees are assembling at the Long Beach Convention Center in

March 4, 2024
Total Views: 1243

Sunday, March 3, 2024
A satellite image shows the cargo ship Rubymar before it sank, on the Red Sea. Handout via REUTERS
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Ship Sunk By Houthis Threatens Red Sea Environment

By Mohammad Ghobari ADEN, Yemen, March 2 (Reuters) – A UK-owned ship attacked by Houthi militants last month sank in the Red Sea, the U.S.

March 3, 2024
Total Views: 3280

Fuga Bluemarine crude oil tanker lies at anchor near the terminal Kozmino in Nakhodka Bay. REUTERS/Tatiana Meel
Shipping

Some OPEC+ Members Agree To Extend Oil Output Cuts

By Maha El Dahan and Alex Lawler DUBAI, March 3 (Reuters) – Some OPEC+ members agreed on Sunday to extend voluntary oil output cuts into the second

March 3, 2024
Total Views: 693

U.S. military confirms Rubymar vessel has sunk after being struck by Houthi missile. Handout via REUTERS
Shipping

Yemen’s Houthis Say They Will Continue Sinking British Ships

CAIRO, March 3 (Reuters) – Yemen’s Iran-backed Houthis vowed on Sunday to continue targeting British ships in the Gulf of Aden following

March 3, 2024
Total Views: 2427

Saturday, March 2, 2024
Oil tanker on Lake Maracaibo, in Cabimas. REUTERS/Issac Urrutia
Shipping

Venezuela’s February Oil Exports Rise, But Shipping Delays Persist

By Marianna Parraga and Mircely Guanipa March 1 (Reuters) – Venezuela’s oil exports slightly increased in February to some 670,000 barrels per

March 2, 2024
Total Views: 1389

A satellite image shows the cargo ship Rubymar before it sank, on the Red Sea. Maxar Technologies/Handout via REUTERS
Shipping

Rubymar Has Sunk, Yemeni Government Says

ADEN, Yemen, March 2 (Reuters) – The Rubymar cargo ship, attacked last month, has sunk in the southern Red Sea, Yemen’s internationally

March 2, 2024
Total Views: 3070

Friday, March 1, 2024
tanker deck
Shipping

Russian Oil Tankers Behave Strangely After Latest U.S. Sanctions

By Julian Lee (Bloomberg) — Two oil tankers appeared to stop what they were doing off the coast of Greece just a few days after the US Treasury

March 1, 2024
Total Views: 10242

A Sikorsky S-92 helicopter hovering
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Norway’s Oil Industry Resumes Helicopter Flights After Deadly Crash

By Nerijus Adomaitis and Stine Jacobsen OSLO, March 1 (Reuters) – Norwegian oil companies resumed helicopter flights to offshore oil and gas fields

March 1, 2024
Total Views: 2519

Tidewater offshore vessel at sea
Offshore

Tidewater Shares Surge as 2023 Revenue Tops $1 Billion

Shares of Houston-based offshore support vessel operator Tidewater Inc. (NYSE:TDW) surged as much as 15% on Friday following its fourth quarter and full year

March 1, 2024
Total Views: 2659

A containership at the Port of Long Beach
Shipping

Shippers, Carriers Navigate Soaring Rates Heading Into Contract Negotiations

Long-term container freight rates are soaring as many U.S. shippers begin negotiations over new long term contracts at the Journal of Commerce’s TPM24

March 1, 2024
Total Views: 3374

iron ore ship
Shipping

Baltic Dry Index Soars on Strong Vessel Rates

March 1 (Reuters) – The Baltic Exchange’s dry bulk sea freight index strengthened to hit an over two-month peak on Friday and posted a

March 1, 2024
Total Views: 767

OSV
Shipping

ITF Raises Alarm Over Saudi Shipowner Abandoning Crews

The International Transport Workers’ Federation (ITF) has raised serious concerns over unpaid wages of seafarers working on eight vessels owned by

March 1, 2024
Total Views: 2929

Palau-flagged bulk carrier Aroyat is pictured at sea, in this picture obtained from social media and released on September 22, 2023. Oleksandr Kubrakov via X/via REUTERS
Shipping

Only Grain Ships From Black Sea and for Iran Still Crossing Red Sea

HAMBURG, March 1 (Reuters) – Grain ships originating from the Black Sea or bound for Iran are about the only ones still sailing through the

March 1, 2024
Total Views: 7860

Thursday, February 29, 2024
Taiwan Faces Steady ‘Drip’ of Pressure from China
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Taiwan Faces Steady ‘Drip’ of Pressure from China

By Yimou Lee and Ben Blanchard TAIPEI, March 1 (Reuters) – Taiwan is facing a steady “drip, drip” of Chinese pressure ahead of the

February 29, 2024
Total Views: 1051

The Kozmino oil port in eastern Russia
Shipping

US Sanctions Are Moving Closer to Disrupting Russia’s Crude Exports

Sanctions by the US Treasury are quietly turning up the heat on Russia’s oil exports — to the point where they may soon be at risk of curtailment, writes

February 29, 2024
Total Views: 2560
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gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.