Shipping

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


Monday, May 6, 2024
Greenpeace activists confront the deep sea mining vessel Hidden Gem.
Shipping

Leadership Battle Brewing at Deep Sea Mining’s Regulatory Body

By Todd Woody (Bloomberg) — The secretary-general of the International Seabed Authority is set to run for a third term leading the United

May 6, 2024
Total Views: 1126

M/V Hydrogen One rendering. Illustration credit: Elliott Bay Design Group
Shipbuilding

Hydrogen-Powered Towboat Project Receives Key USCG Approval

Maritime Partners has received a Design Basis Agreement from the U.S. Coast Guard for the M/V Hydrogen One towboat. The Hydrogen One will be use e1 Marine

May 6, 2024
Total Views: 1111

Russian FSRU LNG FPSO
Shipping

EU Eyes Shipping, Violations in New Sanctions Package

By Philip Blenkinsop BRUSSELS, May 6 (Reuters) – The European Union would ban trans-shipment of Russian LNG, the use of EUports by vessels

May 6, 2024
Total Views: 931

Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, next to cranes at the APM Terminals in the port of Algeciras, Spain January 20, 2023. REUTERS/Jon Nazca/File Photo
Shipping

Maersk Says Red Sea Disruption Could Cut Asia-Europe Capacity by 20%

COPENHAGEN, May 6 (Reuters) – Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the

May 6, 2024
Total Views: 1747

Middle East Marine LLC tug vessel
Shipping

ITF Accuses Dubai Company of Abandoning Over 100 Seafarers

The International Transport Workers’ Federation (ITF) has accused Dubai-based Middle East Marine LLC of systematic abuse and neglect of over 100 seafarers,

May 6, 2024
Total Views: 1459

Sunday, May 5, 2024
The Christophe de Margerie, an ice-class tanker fitted out to transport liquefied natural gas, is docked at the Yamal LNG facility in Arctic port of Sabetta, Yamalo-Nenets district, Russia March 30, 2017. REUTERS/Olesya Astakhova/File Photo
Shipping

How Western Sanctions Are Strangling Putin’s Arctic Gas Ambitions

By Stephen Stapczynski (Bloomberg) –Russia’s fortress economy has proved remarkably resilient to an onslaught of Western sanctions. Two years

May 5, 2024
Total Views: 1855

Saturday, May 4, 2024
Iranian Warship On The Move Amid Houthi Threat To Attack Ships
Shipping

Iranian Warship On The Move Amid Houthi Threat To Attack Ships

By Arsalan Shahla May 4, 2024(Bloomberg) –An Iranian warship has embarked on a mission in oceanic waters, Iran’s state media reported, in the wake

May 4, 2024
Total Views: 6093

An official slides down a rope during a helicopter raid on MSC Aries ship at sea in this screen grab obtained from a social media video released on April 13, 2024. Video obtained by Reuters/via REUTERS
Shipping

Iran Says Crew Of MSC Aries Freed

(Reuters) – Iran has released the crew of a seized Portuguese-flagged ship linked to Israel, but remains in control of the vessel itself, Foreign

May 4, 2024
Total Views: 1409

Friday, May 3, 2024
Houthi stand on beach after ship attack
Shipping

Houthis Threaten Ship Attacks in Mediterranean Sea

By Mohammed Hatem (Bloomberg) — The Houthi group based in Yemen threatened to start trying to attack ships in the eastern Mediterranean as it steps up a

May 3, 2024
Total Views: 3153

Maersk ship entering the Port of Rotterdam
Shipping

Shippers Frustrated as Spot rates Rise Alongside Demand

By Gavin van Marle (The Loadstar) – A strengthening demand scenario on the Asia-European trades appears to have caught carriers and forwarders by

May 3, 2024
Total Views: 1041

Thursday, May 2, 2024
White House Readying Sanctions After Russia Found Shipping Fuel to North Korea Above UN Cap
Shipping

White House Readying Sanctions After Russia Found Shipping Fuel to North Korea Above UN Cap

By Steve Holland WASHINGTON, May 2 (Reuters) – Russia has been quietly shipping refined petroleum to North Korea at levels that

May 2, 2024
Total Views: 1580

Russian FSRU LNG FPSO
Shipping

Russia’s Gazprom Sees First Loss in Two Decades as Gas Trade with Europe Plunges

By Bloomberg News (Bloomberg) — Russia’s state-controlled gas giant reported its first annual net loss since 1999 on falling shipments to Europe and

May 2, 2024
Total Views: 1254

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

Uncertainty Looms Over Long-Term Container Freight Rates

Ocean carriers are walking a tightrope between risk and reward in new long-term contract negotiations, as uncertainty in the Red Sea continues to cast a shadow

May 2, 2024
Total Views: 1135

Audax carrying a module for Arctic LNG 2 across the Arctic. (Source: Red Box Energy Services)
Shipping

U.S. Targets Russia’s Arctic Shipping Capacity in Latest Round of Sanctions

By Malte Humpert (gCaptain) – In an effort to further disrupt Russia’s ability to develop Arctic gas and oil projects the U.S. State Department

May 2, 2024
Total Views: 1106

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

Maersk Raises Financial Forecast for 2024 Amid Strong Market Demand, Red Sea Disruptions

A.P. Moller – Maersk has revised its financial guidance for 2024 after a strong Q1. The company now expects an underlying EBIT of USD -2.0 to 0.0 billion

May 2, 2024
Total Views: 669

Wednesday, May 1, 2024
U.S. Army Corps of Engineers staff onboard Hydrographic Survey Vessel CATLETT observe the damage resulting from the collapse of the Francis Scott Key Bridge in Baltimore, March 26, 2024. USACE Photo
Ports

East Coast Port Dwell Times Unaffected By Diverted Baltimore Containers

The March 26 collapse of the Francis Scott Key Bridge and subsequent closure of the Port of Baltimore has led to the diversion of containers originally bound

May 1, 2024
Total Views: 2172

A drone view of three berths able to load vessels with oil is seen after their construction at Westridge Marine Terminal, the terminus of the Canadian government-owned Trans Mountain pipeline expansion project in Burnaby, British Columbia, Canada, April 26, 2024. REUTERS/Chris Helgren/File Photo
Shipping

Port Constraints for Canada’s Trans Mountain Pipeline May Crimp Oil Exports

May 1 (Reuters) – Logistical constraints at the Port of Vancouver mean waterborne oil exports from the highly anticipated Trans Mountain pipeline

May 1, 2024
Total Views: 1643

An LNG carrier transits through the Panama Canal. Photo credit: Flystock/Shutterstock
Marine Weather

El Nino, Water Management Issues Blamed for Snarling Panama Canal

SAO PAULO, May 1 (Reuters) – The El Nino climate phenomenon, not climate change, drove lower rainfall last year that reduced the Panama

May 1, 2024
Total Views: 1276

OOCL Spain
Shipbuilding

Record Month for Containership Newbuild Deliveries in April

Alphaliner reports a record month for containership newbuild deliveries in April, surpassing the previous record set in March. A staggering 50 new ships were

May 1, 2024
Total Views: 1455

Tuesday, April 30, 2024
A screengrab of video allegedly showing a Houthi UAV attack on the bulk carrier MV Cyclades.
Shipping

Houthis Release Video of Alleged UAV Attack on Bulk Carrier

A new video released by the Iranian-backed Houthis appears to show an attack on a Maltese-flagged bulk carrier in the Red Sea on Monday. The footage, which has

April 30, 2024
Total Views: 4959