Shipping

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


Wednesday, January 17, 2024
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 and Hapag-Lloyd Form New ‘Gemini Cooperation’ Operational Agreement

Shipping giants Maersk and Hapag-Lloyd have announced the signing of a long-term operational collaboration agreement, named the Gemini Cooperation, set to

January 17, 2024
Total Views: 3862

Tuesday, January 16, 2024
Houthi stand on beach after ship attack
Shipping

Red Sea Attacks Continue to Disrupt Global Trade

By Idrees Ali and Dmitry Zhdannikov WASHINGTON/DAVOS, Jan 16 (Reuters) – The U.S. military carried out a new strike in Yemen on

January 16, 2024
Total Views: 14110

A Maersk containership in the Suez Canal
Shipping

Ship Insurers Seeking Exclusions for US and UK Vessels from Red Sea Coverage

By Alex Longley and Áine Quinn (Bloomberg) — Some ship insurers are starting to avoid covering US and UK merchant ships against war risks when they

January 16, 2024
Total Views: 8912

Sailors assigned to the Arleigh Burke-class guided-missile destroyer USS Carney (DDG 64) stand watch in the ship’s Combat Information Center during an operation to defeat a combination of Houthi missiles and unmanned aerial vehicles, Oct. 19. U.S. Navy Photo
Shipping

U.S. Confirms New Military Strikes in Yemen, Houthis Hit Bulk Carrier

The U.S. has confirmed new military strikes in Yemen ahead of another successful Houthi missile strike on a Greek-owned, Maltese-flagged bulk carrier and

January 16, 2024
Total Views: 15418

Graphic and map showing 2023 maritime piracy incidents by location
Shipping

IMB: Rise in Piracy, Successful Somali-Based Hijacking a Cause for Concern

The International Maritime Bureau (IMB) reported an increase in maritime piracy incidents in 2023, including the first successful Somali-based hijacking since

January 16, 2024
Total Views: 1949

US Navy destroyer USS Truxtun escorts merchant ship in red sea
Shipping

The Red Sea Crisis: Possibly the Beginning of Something Bigger

By Barry Parker (gCaptain) – When it comes to shipping market predictions, analysts crunching supply and demand numbers can sometimes, but not always,

January 16, 2024
Total Views: 7147

File photo of an LNG carrier in the Suez Canal
Shipping

LNG Carriers Divert From Red Sea as Qatar Warns of Escalation

(Bloomberg) — Liquefied natural gas suppliers, including Qatar and Russia, are avoiding the Red Sea amid heightened risk of attacks by Houthis militants

January 16, 2024
Total Views: 8474

Stock photo of an oil tanker moored at sea
Shipping

Russian Oil Still Going Through Red Sea Despite Houthi Missiles

(Bloomberg) — Tankers carrying Russian crude are continuing to sail through the Red Sea, despite becoming embroiled in the attacks on merchant shipping

January 16, 2024
Total Views: 2440

Monday, January 15, 2024
Naval diplomacy in London
Shipping

Beyond G7 Gunboats: The Case for Naval Diplomacy to Secure the Red Sea

Both the G7 and the US-led military coalition have been unsuccessful in protecting trade in the Red Sea, Black Sea and other maritime regions. Is there a more

January 15, 2024
Total Views: 7753

Ship sailing in the Red Sea
Shipping

Red Sea Insurance Soars After US Airstrike

By Alex Longley (Bloomberg) The cost of war-risk insurance for vessels sailing through the Red Sea is spiraling, adding a further potential impediment to

January 15, 2024
Total Views: 4208

A tanker transits the Suez Canal. Shutterstock/Anatoly Menzhiliy
Shipping

More Tankers Avoid Red Sea After Military Strikes

By Robert Harvey, Natalie Grover and Ahmad Ghaddar LONDON, Jan 15 (Reuters) – At least six more oil tankers were steering clear of the southern

January 15, 2024
Total Views: 3538

UKMTO map showing the location of today's missile attack on a ship. Photo: UKTMO
Shipping

Eagle Bulk Ship Hit by Missile in Gulf of Aden

A ship belonging to US-based Eagle Bulk Shipping (NYSE: EGLE) has been hit by a missile in the Gulf of Aden. The United Kingdom Maritime Trade Operations

January 15, 2024
Total Views: 16992

qatar lng ship
Shipping

Qatar Reroutes LNG As More Tankers Avoid The Red Sea

By Andrew Mills and Maha El Dahan (Reuters) – Qatar’s state energy company has suspended liquefied natural gas (LNG) shipments via the

January 15, 2024
Total Views: 1997

Photo of a large group of Houthi supporters in Yemen
Shipping

Houthi’s New Narrative: Fighting Western Imperialism

by Mahad Darar (TheConversation) The U.S.- and U.K.-led strikes on the rebel Houthi group in Yemen represent a dramatic new turn in the Middle East conflict

January 15, 2024
Total Views: 1723

Photo of Chinese Foreign Minister Wang Yi with Chinese flag
Shipping

China’s Suez Investments Face Uncertainty in Red Sea Crisis

By Joe Cash (Reuters) China has called for an end to attacks on civilian vessels in the Red Sea that have dramatically widened the Hamas-Israel conflict and

January 15, 2024
Total Views: 6690

Sunday, January 14, 2024
Vessels transit through the Panama Canal, on the outskirts of Panama City. REUTERS/Roberto Cisneros
Shipping

Cost To Jump Panama Canal Line Just Got A Whole Lot Cheaper

By Ruth Liao (Bloomberg) –The cost for shippers to jump ahead of congestion at the Panama Canal has significantly dropped from multimillion-dollar

January 14, 2024
Total Views: 19963

St Nikolas ship X1 oil tanker involved in U.S.-Iran dispute in the Gulf of Oman which state media says was seized is seen in the Tokyo bay. Daisuke Nimura/Handout via REUTERS
Navy

Iran Seized Tanker Located Off Iran’s Qeshm Island

CAIRO (Reuters) – The Marshall Islands-flagged tanker seized by Iran in the Gulf of Oman on Thursday has been located east of Iran’s Qeshm

January 14, 2024
Total Views: 16184

An aircraft takes off to join the U.S.-led coalition to conduct air strikes against military targets in Yemen. US Central Command via X/Handout via REUTERS
Shipping

Hezbollah Says Security Of All Shipping Harmed After US Strikes

BEIRUT, Jan 14 (Reuters) – The Iran-backed Lebanese group Hezbollah said on Sunday U.S. actions in the Red Sea would harm the security of

January 14, 2024
Total Views: 3460

Saturday, January 13, 2024
Photo of Houthi Militants
Shipping

Houthis Vow To Escalate Attacks On Shipping

By Idrees Ali (Reuters) – The Houthi movement threatened a “strong and effective response” after the United States carried out another strike

January 13, 2024
Total Views: 1787

Friday, January 12, 2024
FILE PHOTO: Shipping containers are seen at the container terminal of the port of Oakland, California, U.S., October 28, 2021. REUTERS/Carlos Barria/File Photo
Shipping

FMC to Hold Hearing on Red Sea Impacts on Shipping

The Federal Maritime Commission (FMC) has announced an informal public hearing focussing the impact of conditions in the Red Sea and Gulf of Aden regions on

January 12, 2024
Total Views: 3849