Shipping

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


Tuesday, January 30, 2024
lng carrier
Shipping

Biden’s LNG Pause Has Asian Fuel Buyers Hunting for Other Options

(Bloomberg) — Asian liquefied natural gas buyers have begun looking for alternatives to offset potential delays to US projects hit by a moratorium on new

January 30, 2024
Total Views: 1234

container ship at sea
Shipping

Red Sea Crisis: Surge in Ocean Freight Rates Outpaces COVID-19

Houthi attacks on shipping have triggered a sharp rise in ocean freight rates, surpassing the speed of increase experienced during the initial phase of the

January 30, 2024
Total Views: 2984

hapag-lloyd ship
Shipping

Hapag-Lloyd Earnings Hit as Global Supply Chains Returned to Normal in 2023

Hapag-Lloyd reported a significant decline in its 2023 earnings due largely to lower freight rates as global supply chains returned to normal, the company said

January 30, 2024
Total Views: 2260

Monday, January 29, 2024
File photo of a containership in port
Shipping

WTO Says Trade Growth Estimates Appear ‘Overly Optimistic’

By Philip Blenkinsop BRUSSELS, Jan 29 (Reuters) – The World Trade Organization will likely cut its estimates for goods trade growth for 2023 and 2024

January 29, 2024
Total Views: 1321

Saltchuk Reconsidering Takeover of Overseas Shipholding Group
Shipping

Saltchuk Reconsidering Takeover of Overseas Shipholding Group

Overseas Shipholding Group, Inc. (NYSE: OSG), a major provider of US-flag liquid bulk transportation services in the energy sector, has confirmed the receipt

January 29, 2024
Total Views: 2917

An illustration of ONE's ammonia fueled containership
Environment

ONE Awarded AiP for Ammonia-Fueled Containership

Ocean Network Express (ONE) is making strides towards its goal of net-zero emissions by 2050 with the recent approval in principle (AiP) for an ammonia

January 29, 2024
Total Views: 1411

Smoke rises from Marlin Luanda, merchant vessel, at the location given as Gulf of Aden.
Shipping

Houthi Hit on Russian Fuel Has Traders Recalculating Risks

(Bloomberg) — A missile attack on Friday on a tanker taking Russian fuel through the Gulf of Aden may prove to be a defining moment for an oil

January 29, 2024
Total Views: 31812

Sunday, January 28, 2024
Indian Navy's guided missile destroyer INS Visakhapatnam responds as smoke rises from Marlin Luanda, at the location given as Gulf of Aden. Handout via REUTERS
Shipping

Biden Adviser Sees Limited Inflation Impact From Red Sea Attacks

By Tony Czuczka Jan 28, 2024 (Bloomberg) –President Joe Biden’s energy security adviser said the impact of Houthi rebel attacks on commercial

January 28, 2024
Total Views: 1629

Saturday, January 27, 2024
The LNG tanker "Clean Ocean" is pictured during the first U.S. delivery of liquefied natural gas to LNG terminal in Swinoujscie. Cezary Aszkielowicz via REUTERS
Shipping

Gas-Addicted Europe Trades One Energy Risk For Another

By Anna Shiryaevskaya, Ruth Liao and Stephen Stapczynski Jan 27, 2024(Bloomberg) –Europe, long-reliant on Russian natural gas, has nearly severed

January 27, 2024
Total Views: 4766

Smoke rises from Marlin Luanda, merchant vessel, at the location given as Gulf of Aden.
Shipping

Trafigura Assesses Red Sea Risks After Tanker Attacked By Houthis

DUBAI, Jan 27 (Reuters) – Commodities trader Trafigura said on Saturday it was assessing the security risks of further Red Sea voyages after

January 27, 2024
Total Views: 6170

The Marlin Luanda on fire in Gulf of Aden. Photo courtesy French Forces
Shipping

Fire Out On ‘Marlin Luanda’ After Houthi Missile Strike

The fire on board the Marshall Islands-flagged tanker Marlin Luanda is out and all crew are safe. The situation on board was confirmed by the ship’s

January 27, 2024
Total Views: 16295

Friday, January 26, 2024
Tanker On Fire After Houthi Missile Strike in Gulf of Aden
Shipping

Tanker On Fire After Houthi Missile Strike in Gulf of Aden

Update: Fire Out on Marlin Luanda A British-owned tanker has suffered a fire after being hit by a Houthi missile in the Gulf of Aden on Friday. The UK

January 26, 2024
Total Views: 2627

The Indian Navy approaches the M/V Lila Norfolk in the Indian Ocean, January 5, 2023. Photo courtesy Indian Navy
Shipping

Amid Red Sea Crisis, Ships Now Face Rise in Somali Piracy

(Bloomberg) — Piracy off Somalia’s coast has increased since maritime security was disrupted by Houthi militants’ attacks on ships in the Red Sea in

January 26, 2024
Total Views: 8291

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

Saudi Keeps Sending Oil Through Houthi-Menaced Red Sea

(Bloomberg) — Saudi Aramco, the world’s largest oil company, is continuing to send tanker loads of crude and fuels through the southern Red Sea, where

January 26, 2024
Total Views: 5396

Maersk's methanol-powered Ane Maersk in the shipyard. Photo courtesy Maersk
Shipping

Maersk Christens ‘Ane Maersk’, The World’s First Large Methanol-Powered Containership

In a significant step towards carbon-neutral shipping, Danish shipping conglomerate Maersk has christened Ane Maersk, the world’s first large

January 26, 2024
Total Views: 3449

UNCTAD Sounds the Alarm Over Unprecedented Disruptions to Global Trade
Shipping

UNCTAD Sounds the Alarm Over Unprecedented Disruptions to Global Trade

The United Nations Conference on Trade and Development (UNCTAD) has sounded the alarm over rising disruptions in global trade due to escalating geopolitical

January 26, 2024
Total Views: 1106

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

China Presses Iran to Rein in Houthi Attacks on Shipping

By Parisa Hafezi and Andrew Hayley DUBAI, Jan 26 (Reuters) – Chinese officials have asked their Iranian counterparts to help rein in attacks on ships

January 26, 2024
Total Views: 1215

Biden Pauses LNG Export Project Approvals
Shipping

Biden Pauses LNG Export Project Approvals

By Timothy Gardner WASHINGTON, Jan 26 (Reuters) – President Joe Biden paused approvals for pending and future applications to export liquefied

January 26, 2024
Total Views: 695

Thursday, January 25, 2024
LNG terminal in Barcelona, Spain
Shipping

Qatar Notifies Spanish Utility of LNG Shipping Delay

By Marwa Rashad and Pietro Lombardi LONDON/MADRID, Jan 25 (Reuters) – Qatar, one of the world’s largest liquefied natural gas (LNG) exporters,

January 25, 2024
Total Views: 3547

A containership arrives at the Port of Rotterdam
Shipping

European Ports Alliance: EU Launches Effort to Combat Drug Trafficking and Organized Crime in Ports

The European Commission, along with various EU Member States and agencies, have launched the European Ports Alliance Public Private Partnership to combat drug

January 25, 2024
Total Views: 1238