Shipping

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


Friday, February 7, 2025
Baltic Index Logs First Weekly Gain in Five Weeks
Shipping

Baltic Index Logs First Weekly Gain in Five Weeks

Feb 7 (Reuters) – The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk

February 7, 2025
Total Views: 350

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

Spot Rates Sink Post-CNY: Is a Price War Brewing in Asia-Europe Trades?

Despite large parts of the Chinese workforce continuing to enjoy the new year holiday, there was a partial return to work for other parts of the economy,

February 7, 2025
Total Views: 571

Russia Assembles Flotilla of LNG Carriers in Arctic Waters Ahead of EU Transshipment Ban
Shipping

Russia Assembles Flotilla of LNG Carriers in Arctic Waters Ahead of EU Transshipment Ban

Russia continues to amass LNG carriers in preparation of the impending EU transshipment ban. Starting in March 2025 EU export terminals will be off limits to

February 7, 2025
Total Views: 10535

A warship with the EU's Operation Aspides escorts a tanker and cargo ship sail through the Southern Red Sea. Photo courtesy Operation Aspides
Shipping

Oil Executives Call for Cautious Return to Red Sea Navigation

Oil executives called on Thursday for a return to navigation through the Red Sea en route to the Suez Canal following a halt in attacks by Iran-backed

February 7, 2025
Total Views: 434

Thursday, February 6, 2025
CMA CGM Theodore Roosevelt
Shipping

Panama’s President Slams U.S. ‘Lies and Falsehoods’ About Canal

Panama President Jose Raul Mulino said on Thursday the U.S. was spreading "lies and falsehoods" after the State Department claimed U.S. government vessels

February 6, 2025
Total Views: 3737

A tanker transits the Panama Canal Locks
Shipping

BIMCO: Panama Canal Transits Remain 10% Below Average Despite Lifted Drought Restrictions

Ship transits through the Panama Canal remain significantly lower than historical averages, with capacity down 10% between September 2024 and January 2025

February 6, 2025
Total Views: 1000

File photo of an oil tanker at sea
Shipping

Denmark Intensifies Inspections of Russian Oil Tankers in Critical Shipping Lane

The Danish Maritime Authority is intensifying oversight of oil tankers in the Skagen Roads area of the Danish Straits as part of a broader European initiative

February 6, 2025
Total Views: 2378

FILE PHOTO: Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, as it sails in the Strait of Gibraltar towards the port of Algeciras, Spain January 19, 2023. REUTERS/Jon Nazca/File Photo
Shipping

Maersk Projects 4% Container Growth for 2025 as Red Sea Uncertainty Looms Over Global Trade

A.P. Moller-Maersk expects global container volume growth of approximately 4% in 2025, as the shipping giant adapts to ongoing Red Sea disruptions and

February 6, 2025
Total Views: 1061

Stock photo of an oil tanker moored at sea
Shipping

U.S. Treasury Sanctions International Network Shipping Iranian Oil to China

The new sanctions target multiple entities across China, India, and the UAE, as well as four vessels: SIRI (formerly ANTHEA), OXIS, CH BILLION, and STAR

February 6, 2025
Total Views: 685

Wednesday, February 5, 2025
U.S. Secretary of State Marco Rubio tours the Miraflores locks at the Panama Canal in Panama City. Mark Schiefelbein/Pool via REUTERS
Shipping

Panama Canal Authority Denies U.S. Claim of Free Transit for Military Vessels

The Panama Canal Authority (ACP) has directly contradicted U.S. State Department claims regarding free passage for U.S. government vessels through the

February 5, 2025
Total Views: 5405

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 Launches $2B Share Buyback Program

Maersk said on Wednesday it has initiated a share buyback program of up to 14.4 billion Danish crowns ($2.01 billion), which will be executed over a period of

February 5, 2025
Total Views: 1969

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
News

Trump’s Tariff Threat Pushes Canada to Rethink Oil Pipelines

Almost every day since the expansion of Canada’s Trans Mountain pipeline was completed in May, a tanker laden with oil sands crude shipped through the line

February 5, 2025
Total Views: 2515

lng carrier
Shipping

LNG Shipping Rates Plunge on Increasing Vessel Availability

SINGAPORE/LONDON, Feb 5 (Reuters) – Shipping costs for liquefied natural gas (LNG) cargoes have tumbled to five-year lows as newly built carriers added

February 5, 2025
Total Views: 1454

Russian ‘Shadow Fleet’ LNG Carrier Calls In Oman Signaling Possible Easing of Sanctions Concerns 
Shipping

Russian ‘Shadow Fleet’ LNG Carrier Calls In Oman Signaling Possible Easing of Sanctions Concerns 

After more than six months at sea sanctioned LNG carrier La Perouse has entered the Omani port of Duqm. It is the first time that a Russian LNG carrier, part

February 5, 2025
Total Views: 19482

The newest ultra large container ship Manila Express of Hapag-Lloyd with container cranes at the Burchardkai in the in the Port of Hamburg
Shipping

Hapag-Lloyd Says it Can Cope With U.S.-China Tariffs

Container shipping liner Hapag-Lloyd HLAG.DE will be able to cope with the advent of U.S. tariffs on Chinese products, its chief executive told reporters

February 5, 2025
Total Views: 702

Tuesday, February 4, 2025
tanker at sea
Shipping

Trump Reimposes ‘Maximum Pressure’ Campaign to Choke Off Iran’s Oil Exports

 U.S. President Donald Trump on Tuesday plans to restore his "maximum pressure" campaign on Iran in an effort to stop Tehran from obtaining a nuclear

February 4, 2025
Total Views: 1504

Crew members check the deck of the Russian oil cargo Pure Point, carrying crude oil, anchored at a port in Karachi, Pakistan June 13, 2023. REUTERS/Akhtar Soomro/File Photo
Shipping

US Sanctions Bite With Russia’s Crude Exports Facing Delays Offloading

Russia’s crude exports have yet to be curtailed by the latest US sanctions to target its oil, with flows broadly stable. But while loading cargoes onto

February 4, 2025
Total Views: 3507

U.S. President Donald Trump looks on, on the day he signs an executive order in the Oval Office at the White House in Washington
Shipping

China Launches Limited Tariffs After Trump Imposes Sweeping New Levies

China imposed targeted tariffs on U.S. imports on Tuesday and put several companies, including Google, on notice for possible sanctions, in a measured

February 4, 2025
Total Views: 944

Stock photo shows an oil tanker at a terminal
Shipping

Enterprise Products’ SPOT Oil Export Project Faces Uncertain Future Due to Low Customer Interest

Enterprise Products Partners announced today that its Sea Port Oil Terminal (SPOT) project lacks sufficient customer interest to move forward with

February 4, 2025
Total Views: 866

PYXIS PIONEER LPG tanker, registered in Singapore, leaves the Miraflores Locks at the Panama Canal, on the outskirts of Panama City, Panama December 17, 2023. REUTERS/Roberto Cisneros
Shipping

Under U.S. Scrutiny, Panama Weighs Future of Chinese Port Concessions

Panama is weighing whether to cancel its contract with the Hong Kong-based company that operates ports near the Panama Canal, according to people with

February 4, 2025
Total Views: 1471