Shipping

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


Friday, January 8, 2021
hyundai heavy industries shipbuilding
Shipping

Ship Orders Slump 50% With Owners Unsure Which Green Fuel to Use

By Elizabeth Low and Jack Wittels (Bloomberg) — Ship owners facing looming deadlines to use less-polluting fuels have slashed the number of new vessels

January 8, 2021
Total Views: 5091

dry bulk ship, bulker
Shipping

Baltic Index Jumps 11% as Chinese Coal Demand Propels Capesizes

Jan 8 (Reuters) – The Baltic Exchange’s main sea freight index jumped about 11% to its highest in nearly three months on Friday as high Chinese

January 8, 2021
Total Views: 4773

Thursday, January 7, 2021
us oil exports
Shipping

How Exporting the U.S. Shale Boom Changed Oil Markets Forever

By Sheela Tobben and Dave Merrill (Bloomberg) — Five years ago on New Year’s Eve, the Theo T left the Texas Gulf Coast with the first U.S. shale

January 7, 2021
Total Views: 4914

Ships moored Parana River Port
Shipping

Biggest Soy Exporters Breathe Relief as Union Ends 29-Day Strike

By Jonathan Gilbert (Bloomberg) — Exporters in Argentina, the world’s biggest supplier of soy products, breathed a sigh of relief on Thursday as grain

January 7, 2021
Total Views: 2504

Shipping

U.S. Transportation Secretary Elaine Chao Resigns in Response to Capitol Mob

The U.S. Secretary of Transportation, Elaine Chao, has announced her resignation following the events at the U.S. Capitol building on Wednesday. In doing so,

January 7, 2021
Total Views: 2774

Shipping

Wallenius Wilhelmsen to Reactivate Ships from Cold Lay-Up

Norwegian ro-ro shipping company Wallenius Wilhelmsen says it will be returning ships from cold lay-up as market conditions improve. In response to the

January 7, 2021
Total Views: 26817

bulk carrier sunset
Shipping

Baltic Dry Index Up for Seventh Straight Session

Jan 7 (Reuters) – The Baltic Exchange’s main sea freight index that tracks rates for ships carrying dry bulk commodities rose for a seventh session

January 7, 2021
Total Views: 1261

Ports

U.S. Trade Gap Widened to Second-Biggest on Record in November

By Eric Martin (Bloomberg) — The U.S. trade deficit widened to the second-largest on record in November as merchandise imports reached a more than

January 7, 2021
Total Views: 1983

Wednesday, January 6, 2021
Eneti offshore wind turbine installation vessel
Shipping

Scorpio Bulkers Reveals New Name in Transition to Wind

NYSE-listed Scorpio Bulkers has announced it intends to change its name to Eneti Inc. as the dry bulk shipping company sheds the bulk and transitions to the

January 6, 2021
Total Views: 1661

Shipping

Crowley Launches Offshore Wind and LNG Division

U.S.-based Crowley announced the formation a new energy division that will focus on the emerging offshore wind and liquified natural gas sectors in the United

January 6, 2021
Total Views: 3207

Shipping

USCGC Polar Star Visits Dutch Harbor for First Time Since 2013

The U.S. Coast Guard’s sole polar icebreaker, USCGC Polar Star, has arrived in Dutch Harbor, Alaska as part of its unusual Arctic deployment. The

January 6, 2021
Total Views: 3825

Shipping

Interview: SailPlan Founder Discusses Intelligent Navigation for Ships

Jacob Ruytenbeek is Founder and CEO of SailPlan, a newly launched intelligent navigation platform for ships that promises to make seafaring safer and ship

January 6, 2021
Total Views: 2882

Ports

European Shippers Claim Carriers are Breaching Contracts to Demand Higher Rates

By Mike Wackett (The Loadstar) As Asia-Europe container spot rates continue to skyrocket, shippers and freight forwarders are accusing carriers of breaching

January 6, 2021
Total Views: 2498

Shipping

South Korea Delegation Heads to Iran to Seek Release of Seized Tanker -Report

By Sangmi Cha SEOUL, Jan 6 (Reuters) – A South Korean delegation is heading to Iran on Wednesday to seek the release of a chemicals tanker and its

January 6, 2021
Total Views: 1080

Shipping

Maersk Says European Lockdowns Have Not Dented Containership Demand

By Jacob Gronholt-Pedersen (Reuters) – High shipping rates are set to continue for at least several weeks, despite new coronavirus lockdowns in

January 6, 2021
Total Views: 4043

Tuesday, January 5, 2021
Shipping

Containership and LNG Carrier Assist in Caribbean Sea Rescue

The U.S. Coast Guard last week rescued a man from a disabled sailboat in the Caribbean Sea about 114 nautical miles from Puerto Rico with assistance from the

January 5, 2021
Total Views: 8771

containership
Shipping

Navios Maritime Partners and Navios Maritime Containers Seal Merger Deal

U.S.-listed Navios Maritime Partners L.P. (NYSE: NMM) and Navios Maritime Containers L.P. (NASDAQ: NMCI) have announced a definitive merger agreement in which

January 5, 2021
Total Views: 887

Piracy

Iran Denies Seizing Korean Ship and Holding Crew Hostage

By Sangmi Cha and Josh Smith SEOUL, Jan 5 (Reuters) – Iran denied on Tuesday it was using a South Korean ship and its crew as hostages, a day

January 5, 2021
Total Views: 3364

Shipping

From Embargo to Embrace, Saudi Arabia Pushes Gulf Detente

By Aziz El Yaakoubi AL-ULA, Saudi Arabia, Jan 5 (Reuters) – Embracing Qatar’s ruler, Saudi Arabia’s Crown Prince pushed a deal to end a

January 5, 2021
Total Views: 719

bulk ship
Shipping

Rising Capesize, Panamax Rates Buoy Baltic Dry Index

Jan 5 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, climbed on Tuesday to its

January 5, 2021
Total Views: 2097