Shipping

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


Tuesday, February 13, 2024
An oil spill in Tobago Island, Trinidad and Tobago, is seen in this handout photo released February 10, 2024. Office of the Chief Secretary - THA/Handout via REUTERS
Shipping

Trinidad and Tobago Cleans Up Beaches After Overturned Vessel Spills Oil

Feb 13 (Reuters) – First responders and volunteers from Trinidad and Tobago on Tuesday sought to contain an oil spill detected last week in the

February 13, 2024
Total Views: 3172

Wind turbines off of Block Island
Shipping

Biden Administration Finalizes Two Offshore Wind Areas in Oregon

The Bureau of Ocean Energy Management (BOEM) has designated two final Wind Energy Areas (WEAs) offshore Oregon, totaling approximately 195,012 acres, for the

February 13, 2024
Total Views: 1048

Watch: Iran Launches Ballistic Missiles from Converted Warship
Shipping

Watch: Iran Launches Ballistic Missiles from Converted Warship

Iran’s Islamic Revolutionary Guard Corps (IRGC) is claiming a historic first with the test firing of two ballistic missiles from the deck of a former

February 13, 2024
Total Views: 15075

Oil tankers wait at anchorage in the Black Sea off Kilyos near Istanbul, Turkey
Shipping

Tankers Tied to the Russian Oil Trade Grind to a Halt Following US Sanctions

(Bloomberg) — A chunk of the vast fleet of tankers that Russia uses to deliver its crude oil is grinding to a halt under the weight of US sanctions,

February 13, 2024
Total Views: 8028

Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, meets with Narendra Modi, Prime Minister of India, during a reception at the Presidential Airport in Abu Dhabi, United Arab Emirates, February 13, 2024. Mohamed Al Hammadi/UAE Presidential Court/Handout via REUTERS
Shipping

India, UAE Sign Pact on Trans-Continental Trade Corridor

DUBAI/NEW DELHI, Feb 13 (Reuters) – India and the United Arab Emirates on Tuesday signed an agreement on a trade corridor that aims to connect Europe

February 13, 2024
Total Views: 1148

Monday, February 12, 2024
superyacht Amadea in port
Shipping

US Seeking to Auction Russian Oligarch’s Yacht Costing $7 Million a Year to Maintain

By Luc Cohen NEW YORK, Feb 12 (Reuters) – The U.S. government said it is spending more than $7 million a year to maintain a superyacht it

February 12, 2024
Total Views: 4719

Angela Chao
Shipping

Foremost Group CEO Angela Chao Killed in Car Accident

New York-based shipping company Foremost Group has confirmed the death of Angela Chao, its Chair and CEO, in a tragic car accident. Angela Chao, 50, was

February 12, 2024
Total Views: 14154

The M/V Berge Olympus equipped with four WindWings by Yara Marine Technologies. Photo courtesy Berge Bulk
Environment

BAR Technologies Lands European Supply Deal for WindWings Tech

Wind-assisted propulsion specialist BAR Technologies has formed a strategic partnership with Nervion Naval Offshore, known for its work in floating offshore

February 12, 2024
Total Views: 1273

An oil spill in Tobago Island, Trinidad and Tobago, is seen in this handout photo released February 10, 2024. Office of the Chief Secretary - THA/Handout via REUTERS
Shipping

Mystery Shipwreck Leaking Oil in Trinidad and Tobago

Trinidad and Tobago is currently dealing with a significant oil spill from a mystery ship that ran aground last week. The country’s Prime Minister, Keith

February 12, 2024
Total Views: 11246

Livestock Ship Signals ‘All Crew Muslims’ to Avoid Houthi Attack
Shipping

Livestock Ship Signals ‘All Crew Muslims’ to Avoid Houthi Attack

By Patrick Sykes (Bloomberg) — Commercial ships in the Red Sea are getting more creative in their efforts to avoid attacks by Yemen’s Houthi

February 12, 2024
Total Views: 3142

Aerial view of tanker ship at sea. Stock Photo: Shutterstock/bob63
Shipping

Diesel Market Flashes Supply Tightness in Europe

By Jack Wittels (Bloomberg) — The diesel market in Europe is flashing signs of tightness as refinery halts and Red Sea disruption squeeze supplies of a

February 12, 2024
Total Views: 995

Rear view from ship to sea with UKMTO attack warning overlaid
Shipping

Houthis Target Star Bulk Ship Bound for Iran

By Nayera Abdallah and Jonathan Saul DUBAI/LONDON, Feb 12 (Reuters) – Yemen’s Iran-aligned Houthis have targeted a cargo ship in the Red

February 12, 2024
Total Views: 3152

Saturday, February 10, 2024
Ukrainian coast guard patrols the "grain corridor" in the Black Sea. REUTERS/Thomas Peter
Shipping

Russia Says It Foiled Ukrainian Drone Attack On Civilian Cargo Ships In Black Sea

MOSCOW, Feb 10 (Reuters) – Russia said on Saturday it had repelled an attempted Ukrainian drone attack on Russian “civilian

February 10, 2024
Total Views: 1984

Friday, February 9, 2024
A tug escorts a containership at the Port of Los Angeles, California. Photo: Robert V Schwemmer / Shutterstock.com
Ports

US Container Imports Expected to Rise in First Half of 2024

The first half of this year is projected to see an increase in inbound cargo volume at major U.S. container ports despite recent attacks on ships in the Red

February 9, 2024
Total Views: 3524

vlcc tanker u-turn
Shipping

Russian Oil Tanker U-Turns Hours After Being Hit by US Sanctions

By Julian Lee (Bloomberg) — A Russian oil tanker performed a near-immediate u-turn off the coast of Portugal after being subjected to US sanctions. The

February 9, 2024
Total Views: 19666

Bob Burke. Photo courtesy Marine Money
Shipping

Should I Stay or Do I Go? Ridgebury Tankers’ Burke Reflects on Selling His Fleet

By Barry Parker (gCaptain) – After leaning into a surging tanker market and selling off his fleet at, or near, its peak, what should is a shipowner to

February 9, 2024
Total Views: 1580

Illustration of the Deltamarin-designed Ro-Ro's for LDA. Image courtesy Norsepower/LDA
Shipping

Louis Dreyfus Armateurs Places Largest Order for Rotor Sails

Wind propulsion specialist Norsepower Oy Ltd has received its largest order to date for its cutting-edge Rotor Sail™ technology. The order was placed by

February 9, 2024
Total Views: 1888

laden oil tanker
Shipping

US Insurer Covers Oil Tankers Suspected Of Violating Iran, Russia Sanctions

(Bloomberg) — Last June, a rusting tanker named Sincere 02 picked up oil at an Iranian port and steamed across the Persian Gulf on its way to

February 9, 2024
Total Views: 6817

Bulk carrier Aroyat and general cargo vessel Resilient Africa arrives to the sea port of Chornomorsk. Photo September 16, 2023. REUTERS/Stringer.
Shipping

More Grain Ships Diverted From Red Sea Due to Houthi Attacks

HAMBURG, Feb 9 (Reuters) – More ships carrying grain were diverted from the Suez Canal to sailings around the Cape of Good Hope this week as concern

February 9, 2024
Total Views: 1145

A Maersk containership berthed at the Port of Tanjung Pelepas in Malaysia.
Shipping

Spot Rates Roller Coaster for Container Shipping

By Mike Wackett (The Loadstar) – Container spot rates on the transatlantic shot up this week and, ahead of Chinese New Year tomorrow, transpacific rates

February 9, 2024
Total Views: 1311