Shipping

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


Friday, March 1, 2024
iron ore ship
Shipping

Baltic Dry Index Soars on Strong Vessel Rates

March 1 (Reuters) – The Baltic Exchange’s dry bulk sea freight index strengthened to hit an over two-month peak on Friday and posted a

March 1, 2024
Total Views: 837

OSV
Shipping

ITF Raises Alarm Over Saudi Shipowner Abandoning Crews

The International Transport Workers’ Federation (ITF) has raised serious concerns over unpaid wages of seafarers working on eight vessels owned by

March 1, 2024
Total Views: 3018

Palau-flagged bulk carrier Aroyat is pictured at sea, in this picture obtained from social media and released on September 22, 2023. Oleksandr Kubrakov via X/via REUTERS
Shipping

Only Grain Ships From Black Sea and for Iran Still Crossing Red Sea

HAMBURG, March 1 (Reuters) – Grain ships originating from the Black Sea or bound for Iran are about the only ones still sailing through the

March 1, 2024
Total Views: 7956

Thursday, February 29, 2024
Taiwan Faces Steady ‘Drip’ of Pressure from China
Shipping

Taiwan Faces Steady ‘Drip’ of Pressure from China

By Yimou Lee and Ben Blanchard TAIPEI, March 1 (Reuters) – Taiwan is facing a steady “drip, drip” of Chinese pressure ahead of the

February 29, 2024
Total Views: 1185

The Kozmino oil port in eastern Russia
Shipping

US Sanctions Are Moving Closer to Disrupting Russia’s Crude Exports

Sanctions by the US Treasury are quietly turning up the heat on Russia’s oil exports — to the point where they may soon be at risk of curtailment, writes

February 29, 2024
Total Views: 2667

Feeport, Bahamas - May 2019: Tug boat RT Raptor near the pier close to the Freeport Container Port and Cruise Port
Shipping

KOTUG International Takes Full Ownership of Freeport Towage Joint Venture

Dutch towage operator KOTUG International has acquired full ownership of its Freeport, Bahamas-focussed joint venture with SEACOR Holdings, with KOTUG buying

February 29, 2024
Total Views: 1148

offshore oil rig
Shipping

Exxon Plays Hardball With Chevron Over Guyana’s Oil Riches

By Kevin Crowley and Rachel Graf (Bloomberg) — It’s rare for disputes between any of the world’s supermajor oil companies to spill out in public.

February 29, 2024
Total Views: 2465

cma cgm headquaters and logo with French flag
Shipping

CMA CGM Completes $5 Billion Bollore Logistics Takeover

By Gus Trompiz PARIS, Feb 29 (Reuters) – France’s CMA CGM has completed a $5 billion takeover of Bollore Logistics, its biggest-ever

February 29, 2024
Total Views: 1413

Wednesday, February 28, 2024
A image collage of Jumbo, SAL and Intermarine vessels
Shipping

Jumbo Shipping, SAL Heavy Lift and Intermarine Form Break Bulk Alliance

Dutch heavy-lift specialist Jumbo Shipping and German breakbulk and project cargo company SAL Heavy Lift are teaming up with U.S.-based multipurpose and liner

February 28, 2024
Total Views: 1857

A tug escorts a containership at the Port of Los Angeles, California. Photo: Robert V Schwemmer / Shutterstock.com
Shipping

Biden Administration Launches $3 Billion Clean Ports Program

The U.S. Environmental Protection Agency has announced the launch of the $3 billion Clean Ports Program to help fund zero-emission port equipment and

February 28, 2024
Total Views: 2055

The crew aboard the USS Gravely launches Tomahawk Land Attack Missiles in response to attacks on shipping by the Iranian-backed Houthi terrorist group in the Red Sea, Jan. 12, 2024. U.S. Navy Photo
Defense

U.S. Has Hit 230 Houthi Targets in Yemen

By Daniel Flatley and Tony Capaccio (Bloomberg) — The US has struck 230 targets in Yemen following Houthi-led attacks against shipping in the Red Sea, a

February 28, 2024
Total Views: 3603

MV Ubuntu Loyalty. Photo: Anglo American
Shipping

Anglo American Completes 10-Ship Fleet Expansion

Multinational mining corporation Anglo American has taken delivery of its final chartered LNG dual-fuelled Capesize+ bulk carrier, the MV Ubuntu Liberty. The

February 28, 2024
Total Views: 2381

FILE PHOTO: FSG Hessen. Credit: tm/CC BY 2.0
Defense

German Frigate Shoots Down Houthi Drones

BERLIN/LONDON, Feb 28 (Reuters) – A German warship shot down two drones in the Red Sea on Tuesday amid escalating attacks by Yemen’s Houthis and

February 28, 2024
Total Views: 7445

Tuesday, February 27, 2024
A Yemeni Coast Guard boat sails near the Galaxy Leader commercial ship, seized by Yemen's Houthis last month, off the coast of al-Salif, Yemen, December 5, 2023.
Shipping

Houthis Say No End to Red Sea Attacks Until Israeli ‘Aggression’ Stops

By Jonathan Saul and Mohamad Ghobari LONDON/ADEN/CAIRO, Feb 27 (Reuters) – Yemen’s Houthis said on Tuesday they could only reconsider their missile

February 27, 2024
Total Views: 4631

FMC Adds Chinese Shipping Company to Controlled Carrier List
Shipping

FMC Adds Chinese Shipping Company to Controlled Carrier List

The Federal Maritime Commission, the independent federal agency responsible for ensuring a competitive and reliable international ocean transportation

February 27, 2024
Total Views: 4161

FILE PHOTO: Containers are seen stacked up on the container ship CMA CGM Benjamin Franklin at the port of Antwerp, Belgium September 23, 2022. REUTERS/Yves Herman//File Photo
Shipping

Ocean Alliance Carriers Squash Defector Rumors with Extension Until 2032

By Mike Wackett The Ocean Alliance east-west liner services vessel-sharing agreement between CMA CGM, Cosco, OOCL and Evergreen, has been extended until 31

February 27, 2024
Total Views: 1537

Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

OPEC+ to Consider Extending Voluntary Output Cuts, Sources Say

By Olesya Astakhova, Alex Lawler and Ahmad Ghaddar LONDON/MOSCOW, Feb 27 (Reuters) – OPEC+ will consider extending voluntary oil output cuts into the

February 27, 2024
Total Views: 617

tanker at sea
Shipping

U.S. Blacklists Companies Over $100 Million Iranian Commodity Shipment to China

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued new sanctions against two companies for operating a tanker

February 27, 2024
Total Views: 4082

An illustration of Wallenius Wilhelmsen's "The Shaper Class" pure car and truck carriers. Illustration courtesy Wallenius Wilhelmsen
Shipbuilding

Wallenius Wilhelmsen Continues Fleet Expansion with Four More Eco-Friendly ‘Shaper’ Class Car Carriers

Oslo-based roll-on/roll-off shipping company, Wallenius Wilhelmsen, has announced the expansion of its fleet with the addition of four new next-generation

February 27, 2024
Total Views: 2232

Houthi stand on beach after ship attack
Shipping

U.S. and UK Coordinate Sanctions Against Iran-Backed Houthis

In a coordinated effort, the governments of the United States and the United Kingdom have imposed a series of sanctions on individuals and organizations

February 27, 2024
Total Views: 732