Shipping

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


Thursday, July 18, 2024
FILE PHOTO: Liquified natural gas vessel Kmarin Diamond, the LNG tanker in eight months to arrive at Freeport LNG fire-idled export plant, is seen at the facility in Freeport, Texas, U.S., February 11, 2023. REUTERS/Arathy Somasekhar/File Photo
Shipping

LNG Carrier Bottleneck Grows On Slow Freeport LNG Restart After Beryl

HOUSTON, July 18 (Reuter) – The number of liquefied natural gas (LNG) tankers waiting to load at Freeport LNG in Texas has increased since the U.S.

July 18, 2024
Total Views: 1609

Screenshot of video released by the Iranian-backed Houthis showing the attack on the MT CHIOS LION in the Red Sea, July 15, 2024.
Shipping

Large Oil Slick Spotted in Red Sea After Explosive Tanker Attack

By Krishna Karra, Alex Longley and Verity Ratcliffe (Bloomberg) — An oil slick extending more than 125 miles appeared in the Red Sea, satellite images

July 18, 2024
Total Views: 2544

International Maritime Organization headquarters in London, England. Photo: cktravels.com / Shutterstock.com
Shipping

IMO Embraces Live-Streaming and Public Access to Documents in Boost to Transparency

The International Maritime Organization (IMO) Council has decided to live-stream its plenary meetings and make its documents publicly accessible for the first

July 18, 2024
Total Views: 680

shipping container
Shipping

Global Shipping Strains Spark Fears of an Inflation Comeback

(Bloomberg) — Jason Starr felt the first flashbacks of pandemic PTSD back in mid-April. That’s when the vice president of operations at

July 18, 2024
Total Views: 967

Ismailia,,Egypt,-,November,5,,2017:,Large,Container,Vessel,Ship
Shipping

Suez Canal Revenue Drops as Some Shippers Shun Red Sea

July 18 (Reuters) – The Suez Canal’s annual revenue dropped by almost a quarter in its latest financial year as some shippers switched to

July 18, 2024
Total Views: 1573

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

CMA CGM to Integrate Google AI Across Shipping and Logistics Operations

French shipping and logistics company CMA CGM and Google have announced a strategic partnership to integrate artificial intelligence (AI) across CMA CGM’s

July 18, 2024
Total Views: 729

Wednesday, July 17, 2024
The MV Rubymar pictured before its sinking
Shipping

Damaged Subsea Cables Repaired in Red Sea

By Olivia Solon and Mohammed Hatem (Bloomberg) — Repairs have finally commenced on three subsea telecommunications cables that were damaged in the Red

July 17, 2024
Total Views: 3339

BYD’s EXPLORER NO.1. Photo courtesy BYD
Shipping

EV Maker BYD Using Chinese-Built Ships for Global Distribution

By Ira Breskin Shenzhen-based BYD is chartering the first Chinese-built and owned ships to deliver its electric vehicles (EVs) to export markets. With BYD’s

July 17, 2024
Total Views: 2342

The Indian Navy frigate INS Teg approaches a lifeboat containing nine crew members from the MT Prestige Falcon, July 17, 2024. Photo courtesy Indian Navy
Shipping

Prestige Falcon Capsizing: Nine Crew Members Rescued By Indian Navy

NEW DELHI, July 17 (Reuters) – At least nine of the 16-member crew of a Comoros-flagged oil tanker that capsized off Oman on Monday have been rescued

July 17, 2024
Total Views: 6047

Oil Tanker Bridge
Shipping

Russian Games Make Secret Tanker Oil Switching Harder to Trace

(Bloomberg) — Two near-identical oil tankers trying to beat western sanctions. A secret transfer of Russian crude halfway between Iran and Oman. A

July 17, 2024
Total Views: 4301

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

Global Supply Chains Disrupted by Ongoing Red Sea Crisis, Warns Maersk

The fallout from the Red Sea crisis continues to cascade globally, creating significant challenges for supply chains, according to a recent market update from

July 17, 2024
Total Views: 3465

Tuesday, July 16, 2024
a seafarers enters an enclosed space on board a ship
Accidents

Concerning Rise in Enclosed Space Casualties Aboard Ships, Reports InterManager

InterManager has reported a troubling increase in the number of enclosed space casualties aboard ships. The association’s latest statistics, which have

July 16, 2024
Total Views: 1832

grounded Panama-flagged general cargo vessel, the Ultra Galaxy, on its side, showing the breach of its cargo holds. Photo courtesy SAMSA
Accidents

Calm Weather Helps Salvage of ‘MV Ultra Galaxy’ Off South Africa’s Coast

Pockets of calmer weather off South Africa’s west coast have provided a much-needed boost to the salvage efforts of the grounded Panama-flagged cargo

July 16, 2024
Total Views: 14704

Screenshot of video released by the Iranian-backed Houthis showing the attack on the MT CHIOS LION in the Red Sea, July 15, 2024.
Shipping

WATCH: Houthi Surface Drone Strike on Tanker in Red Sea

CAIRO, July 16 (Reuters) – Liberia-flagged oil tanker Chios Lion was assessing damage and investigating a potential oil spill after it was attacked by

July 16, 2024
Total Views: 6134

Arc7 ice-class LNG carrier Eduard Toll. (Source: Teekay)
Shipping

LNG Carrier Completes Arctic Voyage to China in 18 Days, Four More En Route

By Malte Humpert (gCaptain) – This year’s Arctic summer shipping season is off to a busy start. Liquefied natural gas (LNG) Carrier Eduard Toll

July 16, 2024
Total Views: 6160

Yahya Sarea, the Houthi military spokesperson, prepares to deliver a statement, during a pro-Palestinian rally saying they launched an attack on the "Pacific 01" ship in the Red Sea with missiles, in Sanaa, Yemen, March 15, 2024. REUTERS/Khaled Abdullah
Shipping

Shipowner Denies Houthi Attack Claim

NICOSIA, July 16 (Reuters) – Yemen’s Houthis did not attack the Cyprus-flagged Olvia tanker in the Mediterranean, the ship’s owner told

July 16, 2024
Total Views: 1370

STS cranes at APM Terminals' Port Elizabeth Terminal, at the Port of New York and New Jersey. Photo: Mihai_Andritoiu/Shutterstock
Ports

Growing Threat of Strike Looms Over Atlantic and Gulf Coast Ports

The leader of the International Longshoremen’s Association (ILA) has warned that a strike at all Atlantic and Gulf Coast ports is becoming increasingly

July 16, 2024
Total Views: 1997

Monday, July 15, 2024
UKMTO map showing the location of the first attack, Monday, July 15, 2024. Map courtesy UKMTO
Shipping

Multiple New Attacks Reported in Southern Red Sea

The United Kingdom Maritime Trade Operations (UKMTO) office has reported three new attacks in the southern Red Sea, including two taking place on Monday. One

July 15, 2024
Total Views: 6212

shipping container
Shipping

Xeneta Sees Ocean Container Spot Rates Peaking

The dramatic surge in ocean freight container shipping rates appears to be reaching its peak as importers push back against rising spot rates, according to

July 15, 2024
Total Views: 2367

two tankers conduct ship-to-ship transfer
Shipping

Greece Extends Naval Drills That Deter Russian Oil Transfers

By Alex Longley, Julian Lee and Jack Wittels (Bloomberg) — Greece is again extending the naval drills that have largely deterred transfers of Russian

July 15, 2024
Total Views: 1061