Shipping

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


Friday, April 19, 2024
smoke pollution coming from a container ship
Shipping

U.S. Department of Energy Commits to Decarbonizing the Maritime Sector by 2050

During the Singapore Maritime Week, the U.S. Department of Energy endorsed a strategy to achieve net-zero emissions in the marine transportation sector by

April 19, 2024
Total Views: 721

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

Shipping Industry Issues Plea to UN to Protect Maritime Security and Seafarers

The global shipping industry has sent an urgent joint letter to the Secretary-General of the United Nations, Antonio Guterres, urging the UN to do more to

April 19, 2024
Total Views: 638

Thursday, April 18, 2024
port vancouver
Shipping

Canada Raises Penalties for Maritime Violations

Canada’s Minister of Transport, Pablo Rodriguez, has announced a substantial increase in the value of monetary penalties for violations under the Canada

April 18, 2024
Total Views: 1545

China Oil tanker at PDVSA's Jose Antonio Anzoategui industrial complex
Shipping

Venezuela’s Loss of Key U.S. Export License to Hit Oil Sector

By Marianna Parraga and Deisy Buitrago HOUSTON/CARACAS, April 18 (Reuters) – Venezuela’s loss of a key U.S. license that allowed it to freely

April 18, 2024
Total Views: 1648

Yahya Sarea, the Houthi military spokesperson delivers a statement, during a rally to show continued support to the Palestinians in the Gaza Strip, on the first Friday of the fasting month of Ramadan, in Sanaa, Yemen, March 15, 2024. REUTERS/Khaled Abdullah
Shipping

Houthis Claim They Conducted ‘Operations’ in Indian Ocean

DUBAI, April 18 (Reuters) – The leader of Yemen’s Iran-aligned Houthis, who have been attacking shipping in the Red Sea, said on Thursday the

April 18, 2024
Total Views: 3530

tanker at sea
Shipping

Pop-Up Russian Oil Traders Emerge As US Tightens Sanctions Grip

(Bloomberg) — As the US intensifies sanctions pressure on Moscow, Russia’s crude trade with India has begun to resemble a game of oil whack-a-mole.

April 18, 2024
Total Views: 657

Wednesday, April 17, 2024
A worker on a container crane at the Port of Los Angeles
Ports

Port of Los Angeles Eyes Continued Momentum as Container Volumes Surge

The Port of Los Angeles reported a 19% increase in container units handled in March, marking the eighth consecutive month of year-over-year growth. The port

April 17, 2024
Total Views: 1468

The Washington State Ferry Wenatchee
Shipping

$316 Million in Funding Announced to Modernize U.S. Ferries

The U.S. Department of Transportation’s Federal Transit Administration (FTA) has announced the availability of $316 million to support and modernize

April 17, 2024
Total Views: 1926

Biden to survey collapsed Baltimore bridge, meet families of workers who died. REUTERS/Nathan Howard
Accidents

Maersk Gives Update Following Baltimore Key Bridge Collapse

Global shipping giant Maersk has released a detailed update on its operations following the collapse of Baltimore’s Key Bridge. The company, which

April 17, 2024
Total Views: 16529

msc ship in port
Shipping

MSC Aries’ Crew Reported Safe

By Jonathan Saul LONDON, April 17 (Reuters) – The 25 crew members of the MSC Aries, which was seized by Iran on April 13, are safe, shipping firm

April 17, 2024
Total Views: 3118

Oil tanker Kerala, chartered by Chevron, is loaded in the Bajo Grande oil terminal at Maracaibo Lake, in the municipality of San Francisco, Venezuela, January 5, 2023. REUTERS/Isaac Urrutia
Shipping

US to Reimpose Venezuela Oil Ban Unless Maduro Acts Quickly

(Bloomberg) — President Joe Biden’s administration intends to reimpose oil sanctions on Venezuela, ending a six-month reprieve, if Nicolas Maduro’s

April 17, 2024
Total Views: 1696

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

Seized Ship’s Cargo Reveals Impact of Iran Tensions on Global Trade

By Brendan Murray and Alex Tanzi (Bloomberg) — The MSC Aries wasn’t much different from the other 7,000 container ships plying the high seas, until it

April 17, 2024
Total Views: 10153

Yangshan Port south of Shanghai, China.
Shipping

China and EU Trade Tensions Risk a Full Trade War, European Chamber President Warns

GUANGZHOU, China, April 17 (Reuters) – China and Europe face a “slow motion train accident” as a rising tide of protectionism threatens

April 17, 2024
Total Views: 985

Tuesday, April 16, 2024
hapag-lloyd ship
Shipping

Seaspan and Hapag-Lloyd to Retrofit Five Containerships to Methanol Fuel

Containership owner and lessor Seaspan Corporation has partnered with Hapag-Lloyd, one of the world’s largest container shipping lines, to retrofit five

April 16, 2024
Total Views: 2059

Eureka Shipping cement carrier
Shipping

Eureka Shipping to Launch Eco-Friendly Cement Carrier in the Great Lakes

Eureka Shipping, a joint venture between SMT Shipping and The CSL Group, has announced the construction an innovative mechanical/pneumatic cement ship to help

April 16, 2024
Total Views: 1684

Yangshan Port south of Shanghai, China.
Shipping

IMF Sees Slow and Steady Growth of Global Economy

By David Lawder WASHINGTON, April 16 (Reuters) – The global economy is set for another year of slow but steady growth, the International

April 16, 2024
Total Views: 606

Several freighters, assisted by tugboats, are entering the Panama Canal at Gatun Locks on the Atlantic side.
Shipping

Panama Canal Increases Booking Slots Amid Expected Rainfall

The Panama Canal Authority (ACP) has announced an increase in booking slots for its Panamax locks starting mid-May, in response to current and predicted water

April 16, 2024
Total Views: 1617

EUNAVFOR Operation Atalanta warships escort the MV Abdullah after it was freed by Somali pirates. Photo courtesy EUNAVFOR
Piracy

EU Naval Operation Warns Ransom Payments to Pirates Could Trigger More Attacks

The European Union’s counter-piracy naval operation off the Somali coast, known as Operation Atalanta, has reiterated its warning that ransom payments

April 16, 2024
Total Views: 1248

Indian Navy's guided missile destroyer INS Visakhapatnam responds as smoke rises from Marlin Luanda, at the location given as Gulf of Aden. Handout via REUTERS
Shipping

Broker Howden Launches Red Sea Cargo War Insurance as Ship Risks Surge

LONDON, April 16 (Reuters) – Howden has started offering war risk cargo insurance to cover vessels sailing through the Red Sea against drone

April 16, 2024
Total Views: 1031

US Sanctions Cover 8% of Tankers Shipping Russian Oil
Shipping

US Sanctions Cover 8% of Tankers Shipping Russian Oil

MOSCOW, April 16 (Reuters) – U.S. sanctions are limiting tanker activity for Russia’s top shipping group, Sovcomflot, the

April 16, 2024
Total Views: 783