Shipping

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


Thursday, May 30, 2024
A tanker transits through the Panamax locks of the Panama Canal. Photo courtesy Panama Canal Authority
Shipping

Panama Canal Increases Maximum Draft Ahead of Schedule

The Panama Canal Authority announced Thursday an increase in the maximum authorized draft of the Panama Canal’s Neopanamax locks to 45 feet, bringing it

May 30, 2024
Total Views: 6077

File photo of an oil tanker at sea
Shipping

OPEC+ Working on Complex Deal to Extend Production Cuts into 2025, Sources Say

By Dmitry Zhdannikov, Alex Lawler and Maha El Dahan LONDON, May 30 (Reuters) – OPEC+ is working on a complex deal to be agreed at its meeting

May 30, 2024
Total Views: 527

TikTok Influencer Sheds Light on Merchant Marine Life
Defense

TikTok Influencer Sheds Light on Merchant Marine Life

Vanessa Mongiovi, a TikTok influencer with nearly 50,000 followers, is leveraging her platform to demystify life as a merchant mariner. A civil service mariner

May 30, 2024
Total Views: 3877

smoke pollution coming from a container ship
Shipping

Unexpected Global Warming Spike Due to Abrupt Reduction in Shipping Emissions, Study Finds

A new study has highlighted an unexpected consequence of reduced shipping emissions: a sudden and significant increase in global warming. Human activities have

May 30, 2024
Total Views: 4515

MSC Container ship enters portCatstyecam / Shutterstock.com
Shipping

Shippers Brace for Asia-Europe Blanked Sailings as Rates Rise

By Gavin van Marle (The Loadstar) – It was just over a month ago that forwarders began to realise significant disruption was on the way for the

May 30, 2024
Total Views: 1479

DVIDS photo of the Gaza pier being built by the DoD
Shipping

Aid for Gaza Still Leaving Cyprus by Sea While U.S. Military Pier Fixed

NICOSIA, May 30 (Reuters) – Humanitarian aid for Gaza is continuing to leave Cyprus by sea and will be held in floating storage off the coast of

May 30, 2024
Total Views: 659

A silhouette of a ship underway in the distance at dusk
Shipping

Urgent Call to End Seafarer Abandonment Crisis

Stella Maris, the world’s largest ship visiting charity and the official maritime charity of the Catholic Church, has issued an urgent call to action to

May 30, 2024
Total Views: 756

Wednesday, May 29, 2024
An illustration of Wallenius Wilhelmsen's "The Shaper Class" pure car and truck carriers. Illustration courtesy Wallenius Wilhelmsen
Shipbuilding

Wallenius Wilhelmsen Orders Four More ‘Shaper Class’ PCTCs

Oslo-based roll-on/roll-off shipping company, Wallenius Wilhelmsen, has placed orders for four more “Shaper class” vessels. With these new

May 29, 2024
Total Views: 2404

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

War Risk Insurance Challenges in the Wake of Russia-Ukraine War

The Chairman of the Association of Average Adjusters, Burkhard Fischer, highlighted the on-going complexities faced by the maritime industry during the

May 29, 2024
Total Views: 1013

File photo of a containership in port
Shipping

The $10,000 Shipping Container Looms in Latest Trade Strains

Companies transporting goods from Asia face costs of as much $10,000 for an urgent full-size shipping container over the next month — about double current

May 29, 2024
Total Views: 5317

Photo of the MV True Confidence after it was struck by a Houthi anti-ship ballistic missile in the western Gulf of Aden, March 6, 2024. Photo courtesy U.S. Central Command.
Shipping

IMO Members Adopt Resolution Condemning Attacks in Red Sea and Gulf of Aden

The International Maritime Organization (IMO), the United Nations agency that oversees global shipping, has called for an immediate end to attacks on ships and

May 29, 2024
Total Views: 2902

Damage to the M/V Laax. Photo courtesy French Forces
Shipping

Houthis Claim Attacks on Six Ships in Red, Arabian, and Mediterranean Seas

By Nayera Abdallah, Clauda Tanios and Jonathan Saul DUBAI/LONDON, May 29 (Reuters) –  Yemen’s Houthis launched attacks on six ships in three

May 29, 2024
Total Views: 2363

Responders with the Unified Command conduct an overflight assessment of the Francis Scott Key Bridge collapse in Baltimore, Maryland, March 29, 2024. The Key Bridge was struck by the Singapore-flagged cargo ship Dali early morning on March 26, 2024. (Unified Command courtesy photo)
Shipping

Johns Hopkins Engineers Launch Urgent Assessment of U.S. Bridges

In light of the March 26 collapse of Baltimore’s Francis Scott Key Bridge, engineers from Johns Hopkins University have launched an assessment of bridges

May 29, 2024
Total Views: 2518

Tugs assist a CMA CGM containership to its berth at the Port of Savannah
Shipping

Federal Maritime Commission Secures Over $2.3M in Civil Penalties from Three Companies

The Federal Maritime Commission (FMC) has successfully negotiated compromise agreements with three companies, collectively resulting in civil penalty payments

May 29, 2024
Total Views: 1627

Tuesday, May 28, 2024
Aerial view of tanker ship at sea. Stock Photo: Shutterstock/bob63
Shipping

Tankers Sit Offshore UK in Sign of Weak Demand

By Sherry Su (Bloomberg) — Three tankers carrying North Sea Forties crude have been floating off European shores for more than two weeks without

May 28, 2024
Total Views: 7928

Pure car and truck carrier in port
Shipping

Gram Car Carriers Agrees to $700 Million Acquisition by MSC Subsidiary

Gram Car Carriers ASA (GCC) has announced the acceptance of a voluntary cash offer from SAS Shipping Agencies Services Sàrl (SAS), a wholly-owned subsidiary

May 28, 2024
Total Views: 1168

The first simultaneous methanol bunkering and cargo operation (SIMOPS) at the Port of Singapore
Shipping

Singapore Achieves Latest Methanol Bunkering Milestone

Singapore, the world’s largest bunkering hub, has successfully conducted its first simultaneous methanol bunkering and cargo operation (SIMOPS). The

May 28, 2024
Total Views: 884

Finnish Border Guard's photo of a Hong Kong registered cargo ship 'Newnew Polar Bear', which was spotted moving close to the Balticconnector gas line, during the joint press conference of the investigation of the possible attack on the Balticconnector gas line on 8th Oct., 2023 between Finland and Estonia at the headquarters of the National Bureau of Investigation in Vantaa, Finland, 24 October 2023. Lehtikuva/HEIKKI SAUKKOMAA via REUTERS
Shipping

Estonia Says China Has Not Responded to Subsea Cables Probe Request

By Andrius Sytas VILNIUS, May 28 (Reuters) – Estonia’s state prosecutor said China has not responded to a six-month-old request for help

May 28, 2024
Total Views: 4003

Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Freight Rate Surge Recalls Covid ‘Chaos’

(Bloomberg) — Global goods trade is showing signs of accelerating after last year’s slump, pushing up shipping rates and giving some supply-chain

May 28, 2024
Total Views: 4679

Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

U.S. Weighs Additional Sanctions on Russia-China Trade

WASHINGTON, May 28 (Reuters) – The United States and its partners are prepared to use sanctions and export controls to prevent China-Russia

May 28, 2024
Total Views: 801