Shipping

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


Wednesday, January 17, 2024
Shipping

More Ships Flag No Link With Israel to Avoid Houthi Attacks

(Bloomberg) — Cargo ships are broadcasting that they are not connected with Israel in an effort to avoid Houthi attacks in the Red Sea area. At least 21

January 17, 2024
Total Views: 3077

Shipping

Biden Administration Re-Designates Houthis as Terrorist Group

The United States has announced the re-designation of the Yemen-based group Ansarallah, also known as the Houthis, as a Specially Designated Global Terrorist

January 17, 2024
Total Views: 888

Ports

Port of Los Angeles Ends 2023 On a High Note

The Port of Los Angeles saw a 2.5% increase in the amount of cargo processed in December, marking the fifth consecutive month of year-over-year gains. Total

January 17, 2024
Total Views: 1575

Shipbuilding

ONE Orders First Methanol-Fueled Ships

Ocean Network Express (ONE), the world’s sixth-largest container carrier, has placed orders for the construction twelve 13,000 TEU methanol dual-fuel

January 17, 2024
Total Views: 2327

Shipping

Maersk and Hapag-Lloyd Form New ‘Gemini Cooperation’ Operational Agreement

Shipping giants Maersk and Hapag-Lloyd have announced the signing of a long-term operational collaboration agreement, named the Gemini Cooperation, set to

January 17, 2024
Total Views: 3856

Tuesday, January 16, 2024
Shipping

Red Sea Attacks Continue to Disrupt Global Trade

By Idrees Ali and Dmitry Zhdannikov WASHINGTON/DAVOS, Jan 16 (Reuters) – The U.S. military carried out a new strike in Yemen on

January 16, 2024
Total Views: 14102

A Maersk containership in the Suez Canal
Shipping

Ship Insurers Seeking Exclusions for US and UK Vessels from Red Sea Coverage

By Alex Longley and Áine Quinn (Bloomberg) — Some ship insurers are starting to avoid covering US and UK merchant ships against war risks when they

January 16, 2024
Total Views: 8909

Shipping

U.S. Confirms New Military Strikes in Yemen, Houthis Hit Bulk Carrier

The U.S. has confirmed new military strikes in Yemen ahead of another successful Houthi missile strike on a Greek-owned, Maltese-flagged bulk carrier and

January 16, 2024
Total Views: 15417

Shipping

IMB: Rise in Piracy, Successful Somali-Based Hijacking a Cause for Concern

The International Maritime Bureau (IMB) reported an increase in maritime piracy incidents in 2023, including the first successful Somali-based hijacking since

January 16, 2024
Total Views: 1943

US Navy destroyer USS Truxtun escorts merchant ship in red sea
Shipping

The Red Sea Crisis: Possibly the Beginning of Something Bigger

By Barry Parker (gCaptain) – When it comes to shipping market predictions, analysts crunching supply and demand numbers can sometimes, but not always,

January 16, 2024
Total Views: 7139

Shipping

LNG Carriers Divert From Red Sea as Qatar Warns of Escalation

(Bloomberg) — Liquefied natural gas suppliers, including Qatar and Russia, are avoiding the Red Sea amid heightened risk of attacks by Houthis militants

January 16, 2024
Total Views: 8469

Shipping

Russian Oil Still Going Through Red Sea Despite Houthi Missiles

(Bloomberg) — Tankers carrying Russian crude are continuing to sail through the Red Sea, despite becoming embroiled in the attacks on merchant shipping

January 16, 2024
Total Views: 2439

Monday, January 15, 2024
Shipping

Beyond G7 Gunboats: The Case for Naval Diplomacy to Secure the Red Sea

Both the G7 and the US-led military coalition have been unsuccessful in protecting trade in the Red Sea, Black Sea and other maritime regions. Is there a more

January 15, 2024
Total Views: 7730

Shipping

Red Sea Insurance Soars After US Airstrike

By Alex Longley (Bloomberg) The cost of war-risk insurance for vessels sailing through the Red Sea is spiraling, adding a further potential impediment to

January 15, 2024
Total Views: 4202

Shipping

More Tankers Avoid Red Sea After Military Strikes

By Robert Harvey, Natalie Grover and Ahmad Ghaddar LONDON, Jan 15 (Reuters) – At least six more oil tankers were steering clear of the southern

January 15, 2024
Total Views: 3531

UKMTO map showing the location of today's missile attack on a ship. Photo: UKTMO
Shipping

Eagle Bulk Ship Hit by Missile in Gulf of Aden

A ship belonging to US-based Eagle Bulk Shipping (NYSE: EGLE) has been hit by a missile in the Gulf of Aden. The United Kingdom Maritime Trade Operations

January 15, 2024
Total Views: 16979

Shipping

Qatar Reroutes LNG As More Tankers Avoid The Red Sea

By Andrew Mills and Maha El Dahan (Reuters) – Qatar’s state energy company has suspended liquefied natural gas (LNG) shipments via the

January 15, 2024
Total Views: 1991

Shipping

Houthi’s New Narrative: Fighting Western Imperialism

by Mahad Darar (TheConversation) The U.S.- and U.K.-led strikes on the rebel Houthi group in Yemen represent a dramatic new turn in the Middle East conflict

January 15, 2024
Total Views: 1717

Photo of Chinese Foreign Minister Wang Yi with Chinese flag
Shipping

China’s Suez Investments Face Uncertainty in Red Sea Crisis

By Joe Cash (Reuters) China has called for an end to attacks on civilian vessels in the Red Sea that have dramatically widened the Hamas-Israel conflict and

January 15, 2024
Total Views: 6678

Sunday, January 14, 2024
Shipping

Cost To Jump Panama Canal Line Just Got A Whole Lot Cheaper

By Ruth Liao (Bloomberg) –The cost for shippers to jump ahead of congestion at the Panama Canal has significantly dropped from multimillion-dollar

January 14, 2024
Total Views: 19957