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


Wednesday, June 8, 2022
A bulk carrier departs the Port of Odessa prior to the war. Image courtesy VolodymyrT / Shutterstock.com
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De-Mining Ukraine’s Ports May Take Months, IMO Says

By Áine Quinn (Bloomberg) — Removing sea mines near Ukraine’s key ports could take months, and hundreds of seafarers are still stranded in the region

June 8, 2022
Total Views: 1330

Yangshan Port south of Shanghai, China.
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China’s Export Boom Fades as Spending Shifts

By Bloomberg News (Bloomberg) — After two years of record exports, Chinese manufacturers are turning downbeat as consumers in their biggest markets curb

June 8, 2022
Total Views: 2553

LNG carrier with letters L N G on side
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Tsakos Energy Navigation Plans Expansion of LNG Tanker Fleet

By Ira Breskin ATHENS — Tsakos Energy Navigation Ltd., a leading tanker operator, plans to “opportunistically expand its (modest size) LNG tanker fleet

June 8, 2022
Total Views: 1776

Major Transpacific Carriers Expect Contract Earnings to Soar in Second Half
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Major Transpacific Carriers Expect Contract Earnings to Soar in Second Half

By Mike Wackett (The Loadstar) – Ocean carriers with a greater percentage of their business focused on the Asia and North America trades are likely to

June 8, 2022
Total Views: 726

Explained: U.N. Plan for Ukrainian Grain Exports Faces Hurdles
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Explained: U.N. Plan for Ukrainian Grain Exports Faces Hurdles

By Pavel Polityuk and Silvia Aloisi KYIV, June 8 (Reuters) – Turkey said on Wednesday a United Nations plan to set up a sea corridor for Ukrainian

June 8, 2022
Total Views: 997

Tuesday, June 7, 2022
U.S. Sets Sail with Russian Superyacht Seized in Fiji
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U.S. Sets Sail with Russian Superyacht Seized in Fiji

SYDNEY, June 7 (Reuters) – A Russian-owned superyacht docked in Fiji departed for the United States on Tuesday after a court in the Pacific

June 7, 2022
Total Views: 7188

CMA CGM Takes Delivery of Two Boeing Cargo Planes
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CMA CGM Takes Delivery of Two Boeing Cargo Planes

CMA CGM has taken delivery of two Boeing cargo planes as the shipping giant looks to expand its end-to-end services beyond ocean freight. The two Boeing 777

June 7, 2022
Total Views: 2970

South Korean Company Claims World’s First Autonomous Ocean Crossing by a Large Ship
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South Korean Company Claims World’s First Autonomous Ocean Crossing by a Large Ship

An autonomous navigation company belonging to one of the world’s largest shipbuilders is claiming the trans-oceanic autonomous voyage of a large

June 7, 2022
Total Views: 7430

The Kozmino oil port in eastern Russia
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Russia Hikes Oil Exports from Major Eastern Port to Help Offset EU Ban

June 7 (Reuters) – Russia is ramping up oil exports from its major eastern port of Kozmino by about a fifth, aiming to meet surging demand from

June 7, 2022
Total Views: 2389

Monday, June 6, 2022
ship breaking in Chittagong, Bangladesh
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Shipbreaking Watchdog Calls Out Bangladeshi Shipbreaker Over Accidents

The NGO Shipbreaking Platform is drawing attention to a recent spate of accidents at Bangladeshi shipbreaking yards owned by Kabir Steel Re-Rolling Mills

June 6, 2022
Total Views: 4012

lng bunkering rotterdam
Environment

CMA CGM Orders Its First Methanol-Powered Containerships

French shipping giant CMA CGM has placed newbuild orders for 16 dual-fuel containerships, including six powered by carbon neutral methanol—a first for the

June 6, 2022
Total Views: 2164

tanker at sea
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Russia’s Crude Oil Revenues Take a Hit Even as Exports Swell

By Julian Lee (Bloomberg) — Russia is earning less from its oil exports, even as seaborne crude shipments surge to a six-week high.

June 6, 2022
Total Views: 3579

Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
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Is This Legal? Shipping Struggling with Lack of Sanctions Clarity

ATHENS, June 6 (Reuters) – Shipowners are struggling to know what trades are still legal as a raft of sanctions against Russia and tough

June 6, 2022
Total Views: 1188

Sunday, June 5, 2022
U.S. To Let Eni, Repsol Ship Venezuela Oil To Europe
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U.S. To Let Eni, Repsol Ship Venezuela Oil To Europe

By Marianna Parraga and Matt Spetalnick HOUSTON/WASHINGTON, June 5 (Reuters) – Italian oil company Eni SpA and Spain’s Repsol SA could

June 5, 2022
Total Views: 1575

Saturday, June 4, 2022
Kazakhstan Renames Its Export Oil To Avoid Russia Sanctions Risk
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Kazakhstan Renames Its Export Oil To Avoid Russia Sanctions Risk

(Reuters) – Kazakhstan is changing the name of the oil it exports via Russian sea ports to Kazakhstan Export Blend Crude Oil

June 4, 2022
Total Views: 2410

Iran’s Seizure of Oil Tankers Responds to ‘Robbery,’ Leader Says
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Iran’s Seizure of Oil Tankers Responds to ‘Robbery,’ Leader Says

By Arsalan Shahla Jun 4, 2022 (Bloomberg) –Iran’s supreme leader said his country’s seizure of two Greek oil tankers in Persian Gulf waters last

June 4, 2022
Total Views: 1654

Friday, June 3, 2022
File photo of a product tanker underway at sea
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Surging Tanker Rates Make Interesting Case for Jones Act Fleet

By Chunzi Xu and Sheela Tobben (Bloomberg) The global search for fuel after Russia’s war has thrust the US Gulf Coast into the role of a main supplier to

June 3, 2022
Total Views: 3926

CMA CGM Profit Surges But Risks Cloud Outlook
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CMA CGM Profit Surges But Risks Cloud Outlook

PARIS, June 3 (Reuters) – CMA CGM said on Friday that geopolitical and economic risks were clouding its outlook despite another surge in

June 3, 2022
Total Views: 1330

Shippers ‘Bled Dry’ as Long-Term Contract Rates Soar Above Spot
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Shippers ‘Bled Dry’ as Long-Term Contract Rates Soar Above Spot

By Mike Wackett (The Loadstar) – Long-term container line contract rate agreements have reached new highs and, in some cases, are in excess of spot

June 3, 2022
Total Views: 2118

container ship at sea
Environment

Danish CleanTech Firm ZeroNorth Raises $50 Million in Series B Funding

A.P. Moller Holding A/S and Cargill have increased their investment in ZeroNorth, a Danish technology startup seeking to “make global trade green.”

June 3, 2022
Total Views: 1444
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gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.