Shipping

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


Thursday, June 22, 2023
bulk ship
Shipping

Eagle Bulk Repurchases Oaktree Stake at a Premium

Eagle Bulk repurchases Oaktree’s entire stock ownership of 28%. U.S.-based Eagle Bulk Shipping Inc. (NYSE: EGLE) has announced that its Board of

June 22, 2023
Total Views: 2273

smiles rower rescued
Shipping

Solo Rower Rescued by Tanker in the South Pacific

The solo rower spent weeks aboard a life raft before his rescue. An ocean rower on an around-the-world voyage was rescued by the crew of crude oil tanker last

June 22, 2023
Total Views: 6629

A Wallenius Wilhelmsen vessel in port
Shipping

Wallenius Wilhelmsen Signs Shipping Contract with Major EV Manufacturer

Wallenius Wilhelmsen has announced the signing a new contract with an undisclosed major electric vehicle manufacturer for shipping EVs from Asia to Europe and

June 22, 2023
Total Views: 1815

Titan Lost: Debris Field Consistent with ‘Catastrophic Implosion’ of Tourist Submersible
Shipping

Titan Lost: Debris Field Consistent with ‘Catastrophic Implosion’ of Tourist Submersible

The U.S. Coast Guard has confirmed that the Titan submersible suffered a “catastrophic implosion” with the loss of all five people on board. The

June 22, 2023
Total Views: 14409

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

Flotilla of Saudi Oil Tankers Near the Suez Shrinks a Little

(Bloomberg) — A cluster of Saudi Arabian oil tankers that are idling in the Red Sea is showing tentative signs of shrinking, suggesting whatever issue

June 22, 2023
Total Views: 1713

expanded panama canal
Shipping

Drought-Hit Panama Canal Further Restricts Maximum Ship Depth

By Elida Moreno PANAMA CITY, June 21 (Reuters) – The Panama Canal will expand restrictions on the largest ships crossing the waterway, one of

June 22, 2023
Total Views: 2649

Wednesday, June 21, 2023
OceanGate Expeditions/Handout via REUTERS
Shipping

Here Are the Vessels Working to Find the Titan Sub

A massive search continues in the remote North Atlantic Wednesday for the missing Titan submersible with five people on board as the clock ticks for any

June 21, 2023
Total Views: 13866

Search for Missing Titan Sub Focuses on Area Where Sounds Detected
Shipping

Search for Missing Titan Sub Focuses on Area Where Sounds Detected

By Joseph Ax and Steve Gorman June 21 (Reuters) – Rescuers searching for a missing submersible near the wreck of the Titanic on Wednesday concentrated

June 21, 2023
Total Views: 3802

Aerial view of a container ship
Shipping

UNCTAD: Positive Start, Pessimistic Outlook for Global Trade in 2023

Trade growth was positive for both goods and services in the first quarter of 2023, according to the UNCTAD’s latest Global Trade Update report. However the

June 21, 2023
Total Views: 1032

sabine pass lng exports
Shipping

Equinor Doubles LNG Offtake from Cheniere’s Sabine Pass Plant

Norwegian energy giant Equinor is doubling the volume of liquified natural gas that it exports out of Cheniere’s Sabine Pass LNG terminal on the U.S. Gulf

June 21, 2023
Total Views: 1272

Aerial top view of a ship at sea
Shipping

Survival of the Fittest for Shortsea Shipping Market

By Mike Wackett (The Loadstar) – Shortsea shipping lines in Northern Europe are facing a fight for survival as demand weakens and rates plummet. As in

June 21, 2023
Total Views: 3059

FILE PHOTO: Shipping containers are stacked at Gwangyang port in Gwangyang, South Korea, June 14, 2022. Yonhap via REUTERS
Shipping

South Korea Early Exports Hint at Budding Global Recovery

(Bloomberg) — South Korean exports offered an early sign of improvement in global trade after their first year-on-year gain since last summer.

June 21, 2023
Total Views: 719

maersk ship
Shipping

Maersk to Retrofit Containership to Green Methanol Fuel

Danish shipping giant Maersk has announced plans to retrofit one of its existing ships to dual-fuel methanol power capable of operating on green methanol. The

June 21, 2023
Total Views: 1328

OceanGate Expeditions/Handout via REUTERS
Shipping

‘Underwater Noises’ Offer Glimmer of Hope in Desperate Search for Titan Sub

By Steve Gorman and Joseph Ax June 21 (Reuters) – Rescue teams were racing on Wednesday to trace the origin of sounds heard from the depths of the

June 21, 2023
Total Views: 2365

Tuesday, June 20, 2023
Gasoline tanker at terminal. Photo Shutterstock
Shipping

Navigator and Bumi Armada to Form CO2 Shipping and Injection Company in the UK

Gas shipping company Navigator Holdings has signed a non-binding memorandum of understanding with Bumi Armada Berhad, the Malaysian-based offshore oil services

June 20, 2023
Total Views: 550

DNV Strengthens Cyber Security Offering with Nixu Acquisition
Shipping

DNV Strengthens Cyber Security Offering with Nixu Acquisition

International classification society and risk management firm DNV has announced plans to acquire Helsinki-headquartered cyber security firm Nixu. Under the

June 20, 2023
Total Views: 576

ocean plastic trash
Shipping

UN Adopts Landmark High Seas Treaty

After nearly two decades of negotiations, the UN’s 193 Member States have adopted a legally binding marine biodiversity agreement covering two thirds of

June 20, 2023
Total Views: 1421

Monday, June 19, 2023
File photo of an oil tanker at sea
Shipping

Last Oil Tanker Waiting to Load Kurdish Crude Sails Empty

By Anthony Di Paola (Bloomberg) — A last tanker that had been waiting in the Mediterranean Sea for nearly three months to load Kurdish crude

June 19, 2023
Total Views: 6964

Ellie M, a Marshall Islands-flagged cargo ship carrying Ukrainian corn, waits for the inspection at the anchorage area of the Bosphorus southern entrance in Istanbul, Turkey
Shipping

If Grain Deal Ends, UN Pledge on Russian Exports Will go on – Russian Official

June 19 (Reuters) – Russia’s deputy foreign minister said on Monday that even if a deal allowing shipments of Ukrainian grain via the

June 19, 2023
Total Views: 1386

msc containership
Shipping

MSC is Bleeding the Charter Market Dry

By Mike Wackett (The Loadstar) – The containership charter market shows no sign of softening as it goes into the usually slack summer season, despite

June 19, 2023
Total Views: 8194