Shipping

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


Wednesday, August 28, 2024
Shipping

Red Sea Insurance Nearly Doubles After ‘Sounion’ Attack

By Jonathan Saul and Mohammed Ghobari LONDON/ADEN, Aug 28 (Reuters) – The cost of insurance for ships sailing through

August 28, 2024
Total Views: 913

Accidents

IMO Secretary-General Condemns ‘Cowardly’ Attacks on Shipping in Red Sea

The International Maritime Organization (IMO) has expressed serious concern over the recent attack on the MT Sounion, a Greek-flagged oil tanker, in the

August 28, 2024
Total Views: 2339

Tuesday, August 27, 2024
Shipping

Container Shipping’s Fleet Expansion Continues

The global container shipping industry is experiencing a significant surge in fleet expansion, according to recent data from BIMCO. Despite initial signs of a

August 27, 2024
Total Views: 2681

Photo shows the MT Sounion on fire on Sunday, August 25, 2024
Shipping

Tanker SOUNION Appears to Be Leaking Oil in Red Sea, Pentagon Says

WASHINGTON, Aug 27 (Reuters) – The Greek-flagged crude oil tanker Sounion that was recently attacked by Yemen’s Houthis is still on fire

August 27, 2024
Total Views: 2969

Shipping

Palau Flag Suspends Russian LNG ‘Shadow’ Fleet Ships

By Ruth Liao and Stephen Stapczynski (Bloomberg) — The Republic of Palau, an island nation in the Western Pacific, has temporarily suspended the

August 27, 2024
Total Views: 5041

Shipping

Crude Oil Tankers Divert Via Arctic Bypassing Red Sea Chaos

By Malte Humpert (gCaptain) – Crude oil shipments via the Arctic look set to reach a new highpoint in the coming weeks. The largest oil tanker to venture

August 27, 2024
Total Views: 8172

Monday, August 26, 2024
Ports

U.S. Container Ports See Significant Growth in Inbound Volumes

The ten largest container ports in the United States experienced “striking” growth in year-over-year inbound cargo volumes in July, according to

August 26, 2024
Total Views: 1944

Shipping

Panama Canal Plans Reservoir Expansion to Combat Next Drought

By Marianna Parraga Aug 26 (Reuters) – The Panama Canal expects to be ready to combat a possible new drought, which could hit the world’s

August 26, 2024
Total Views: 917

Shipping

Houthi Attack on Oil Tanker Sparks Fears of Environmental Disaster

The Greek-flagged oil tanker Sounion has been ablaze since August 23 following an attack by Yemen’s Houthi forces. According to a statement released

August 26, 2024
Total Views: 1152

Shipping

Russia Expands Shadow Fleet with First Ship-to-Ship LNG Transfer

By Malte Humpert (gCaptain) – Russia’s shadow fleet operation continues to expand and now includes the first apparent ship-to-ship transfer of liquefied

August 26, 2024
Total Views: 6643

Friday, August 23, 2024
Shipping

Uncertainty Reigns as Union Vows to Fight Canada’s Move to End Rail Shutdown

By Allison Lampert, David Ljunggren and Anna Mehler Paperny MONTREAL/OTTAWA, Aug 23 (Reuters) – The union representing over 9,000

August 23, 2024
Total Views: 1138

The ammonia-fueled tug Sakigake underway
Environment

World’s First Commercial Ammonia-Fueled Tugboat Launches in Tokyo Bay

INYK and IHI Power Systems, in collaboration ClassNK, have completed the world’s first ammonia-fueled vessel for commercial use. The tugboat, named

August 23, 2024
Total Views: 1902

An image purportedly showing the MT SOUNION on fire in the Red Sea
Shipping

Video Purportedly Shows Massive Explosion on Laden Oil Tanker ‘SOUNION’ in Red Sea

Houthis set tanker with 1 million barrels of crude oil on fire, threatening environmental catastrophe in the Red Sea. CAIRO, Aug 23 (Reuters) – Three

August 23, 2024
Total Views: 16558

Defense

U.S. Sanctions 400 Targets for Aiding Russia’s War Effort

WASHINGTON, Aug 23 (Reuters) – The United States on Friday imposed sanctions on more than 400 entities and individuals for supporting

August 23, 2024
Total Views: 1533

Shipping

Canada Rail Lines Prepare to Restart After Government Intervenes

By Brian Platt and Monique Mulima (Bloomberg) — Canada’s two largest railways are preparing to restart operations after Prime Minister Justin

August 23, 2024
Total Views: 624

Environment

X-Press Feeders Launches Second Green Methanol-Powered Route in Europe

X-Press Feeders, the world’s largest independent common carrier, has announced the launch of its second green methanol-powered route, the Green Baltic

August 23, 2024
Total Views: 736

Thursday, August 22, 2024
Shipping

London-Based Ship Registry Helps Keep Russian Oil Tankers Underway

(Bloomberg) — Three oil tankers that are under British sanctions for transporting Russian petroleum are sailing under the flag of a nation that bases its

August 22, 2024
Total Views: 1012

Photo of the laden MT Sounion courtesy French Forces
Shipping

Abandoned Tanker SOUNION Poses ‘Environmental Risk’ After Red Sea Attack

By Jana Choukeir and Renee Maltezou DUBAI/ATHENS, Aug 22 (Reuters) – A Greek-flagged oil tanker carrying 150,000 tonnes of crude that

August 22, 2024
Total Views: 1305

A 2019 view of vessels in the Singapore Strait April 3, 2019. Picture taken on April 3, 2019. REUTERS/Henning Gloystein/File Photo
Shipping

Russia Uses Vessels Sanctioned by EU for Fuel Exports, LSEG Data Shows

MOSCOW, Aug 22 (Reuters) – Russia has started to use vessels sanctioned by the Europe Union (EU) for oil products exports, LSEG and market

August 22, 2024
Total Views: 423

Ports

Canada’s Railways Lock Out Unionized Workers, Snarling Trade

By Thomas Seal (Bloomberg) — Canada’s two biggest railways shut down early Thursday after talks with union leaders failed, immediately blocking

August 22, 2024
Total Views: 534