Shipping

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


Tuesday, April 9, 2024
Photo: Star Bulk
Shipping

Star Bulk Completes Merger with Eagle Bulk Shipping

Star Bulk Carriers Corp. (Nasdaq: SBLK) announced the completion of its merger with Eagle Bulk Shipping Inc., creating the largest US-listed dry bulk shipping

April 9, 2024
Total Views: 1059

STRAIT OF HORMUZ (May 3, 2023) A screenshot of a video showing fast-attack craft from Iran’s Islamic Revolutionary Guard Corps Navy swarming Panama-flagged oil tanker Niovi as it transits the Strait of Hormuz, May 3, 2023. U.S. Navy Photo
Shipping

Iran Says it Can Close the Strait of Hormuz, But Won’t For Now

DUBAI, April 9 (Reuters) – The commander of Iran’s Revolutionary Guard’s navy said on Tuesday Israel’s presence in

April 9, 2024
Total Views: 3832

Stock photo shows an oil tanker at a terminal
Shipping

Enterprise Product Partners Issued MARAD Port License for Largest Offshore Oil Export Terminal in U.S.

Houston-based Enterprise Products Partners L.P. has made significant progress in developing the nation’s largest offshore oil export terminal, the Sea

April 9, 2024
Total Views: 1394

Monday, April 8, 2024
Aerial top view of a ship at sea
Environment

Alternative Fueled Ships Gain Momentum with 50% Increase in Orders

The shipping industry continues to make strides in the transition to alternatively-fueled with a significant rise in orders for cleaner ships to start 2024.

April 8, 2024
Total Views: 696

A Coast Guard Station Milford Haven 29-foot Response Boat-Small boat crew assesses the Francis Scott Key Bridge collapse in Baltimore, Maryland, March 29, 2024. U.S. Coast Guard Photo
Shipping

Container Shipping Rates Unaffected by Baltimore Key Bridge Collapse, Xeneta Says

The recent collapse of the Francis Scott Key Bridge in Baltimore has not led to an increase in ocean freight container shipping rates, according to ocean

April 8, 2024
Total Views: 1486

Hurricanes Idalia and Franklin captured by NOAA's GOES West satellite, August 29, 2023. Photo: NOAA
Marine Weather

Conditions Ripe for Extremely Active Atlantic Hurricane Season in 2024

The 2024 Atlantic hurricane season is expected to be exceptionally active, according to researchers at Colorado State University. In their initial forecast,

April 8, 2024
Total Views: 1982

Armed men stand on the beach as the Galaxy Leader commercial ship, seized by Yemen's Houthis last month, is anchored off the coast of al-Salif, Yemen, December 5, 2023. REUTERS/Khaled Abdullah
Shipping

Houthis Back to Attacking Ships After Brief Pause

By Charlotte Goldstone (The Loadstar) – The past week has seen an increase in attacks on shipping in the Red Sea, and a Houthi spokesperson has sparked

April 8, 2024
Total Views: 1996

Ørsted and Cadeler Sign Long-Term Lease for New Wind Farm Installation Vessel
Shipping

Ørsted and Cadeler Sign Long-Term Lease for New Wind Farm Installation Vessel

Offshore wind developer Ørsted and Cadeler, a key supplier of offshore wind installation services, have entered into a long-term lease agreement for a

April 8, 2024
Total Views: 787

A worker near a ship under construction at Hyundai Heavy Industries' Shipyard in Ulsan, South Korea, May 13, 2015. REUTERS/Kim Hong-Ji/File Photo
Shipping

Hyundai’s Ship Repair Firm Seeks Biggest Korean IPO Since 2022

(Bloomberg) — A company that repairs and manages ships kicked off what’s poised to be South Korea’s biggest initial public offering in two years,

April 8, 2024
Total Views: 734

Sunday, April 7, 2024
A satellite image shows the cargo ship Rubymar before it sank, on the Red Sea. Maxar Technologies/Handout via REUTERS
Shipping

Yemen’s Houthis Say They Targeted Western Ships

CAIRO, April 7 (Reuters) – Houthi forces in Yemen said on Sunday they had launched rockets and drones at British, U.S. and Israeli ships, the latest in

April 7, 2024
Total Views: 2027

Saturday, April 6, 2024
Smoke rises from Marlin Luanda, merchant vessel, at the location given as Gulf of Aden.
Shipping

UK Security Firm Says Vessel Targeted Near Yemen’s Hodeidah

CAIRO, April 6 (Reuters) – British maritime security firm Ambrey said on Saturday it had received information that a vessel had been targeted

April 6, 2024
Total Views: 3769

UK Royal Navy mines ship
Shipping

UK Dispatches Royal Navy To Aid Gaza, Establish New Maritime Route

LONDON, April 6 (Reuters) – A British Royal Navy ship will supply aid to Gaza as part of an international effort to help set up a new humanitarian

April 6, 2024
Total Views: 1158

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

Key Facts About The Collapse Of Baltimore’s Francis Scott Key Bridge

By Lisa Shumaker April 6 (Reuters) – Work is underway to begin clearing the wreckage of Baltimore’s Francis Scott Key Bridge more than a week

April 6, 2024
Total Views: 4184

Friday, April 5, 2024
U.S. President Joe Biden delivers remarks near the collapsed Francis Scott Key Bridge, in Dundalk, Maryland, U.S., April 5, 2024. REUTERS/Nathan Howard
Shipping

Biden Urges Congress to Approve Funds for Baltimore Bridge Rebuild

By Jennifer Jacobs and Michelle Jamrisko (Bloomberg) — President Joe Biden pressed Congress to quickly approve funds to rebuild a collapsed Baltimore

April 5, 2024
Total Views: 909

The crew of the U.S. Coast Guard Cutter Polar Star (WAGB 10) walks toward the Ross Ice Shelf, Antarctica, Feb. 3, 2024. U.S. Coast Guard Photo
Shipping

U.S. Coast Guard Icebreaker ‘Polar Star’ Returns from 27th Antarctic Deployment

The U.S. Coast Guard icebreaker USCGC Polar Star and its crew have returned to the U.S. after a 138-day deployment to Antarctica. This year marked the Polar

April 5, 2024
Total Views: 2404

File photo of a containership in port
Shipping

Carriers Unveil New FAK Hikes in Bid to Halt Asia-Europe Rates Slide

By Gavin van Marle (The Loadstar) – Container spot freight rates on the main deepsea east-west trades continued their gentle descent over the course of

April 5, 2024
Total Views: 940

X-Press Feeders' first dual-fuel ship, Eco Maestro. Photo courtesy X-Press Feeders
Shipping

X-Press Feeders Partners with European Ports on the Establishment of Green Shipping Corridors

European feeder shipping company X-Press Feeders, the world’s largest independent common carrier, has entered into a memorandum of understanding (MOU) with

April 5, 2024
Total Views: 826

Container-ship Dali entangled in the Baltimore bridge
Ports

Federal Grant Boosts Cargo Capacity at Tradepoint Atlantic Amid Baltimore Bridge Collapse

In the wake of the Francis Scott Key Bridge collapse in Baltimore, Tradepoint Atlantic (TPA) is set to use an $8.26 million grant from the U.S. Department of

April 5, 2024
Total Views: 2748

Thursday, April 4, 2024
Stock photo shows an oil tanker at a terminal
Ports

US Court Upholds MARAD License for Deepwater Oil Export Facility

By Arathy Somasekhar April 4 (Reuters) – A U.S. appeals court on Thursday upheld federal approval of a deepwater oil-export facility planned off the

April 4, 2024
Total Views: 1619

File photo of an LNG carrier in the Suez Canal
Shipping

Egypt Buys LNG in Rare Move to Avoid Summer Gas Crunch

By Stephen Stapczynski and Salma El Wardany (Bloomberg) — Egypt began buying liquefied natural gas, a rare move by the fuel exporter to avoid shortages

April 4, 2024
Total Views: 1293