Shipping

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


Friday, June 16, 2023
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

Tanker Rates from Nigeria Soar as Owners Steer Clear

By Alex Longley (Bloomberg) — The cost of shipping oil from Nigeria surged the most in more than a year at the end of a week in which some owners

June 16, 2023
Total Views: 2899

Australia Accuses Master and Chief Engineer of Smuggling Cocaine in Ship’s Ballast Tank
Shipping

Australia Accuses Master and Chief Engineer of Smuggling Cocaine in Ship’s Ballast Tank

The Australian Federal Police has charged the Master and Chief engineer of bulk cargo carrier for their alleged roles in the smuggling of nearly a ton of

June 16, 2023
Total Views: 19799

Rates Woes Continue for Carriers Amid Claims of Transatlantic Price-Dumping
Shipping

Rates Woes Continue for Carriers Amid Claims of Transatlantic Price-Dumping

By Mike Wackett (The Loadstar) – Asia-North European carriers are being obliged to discount rates at the time of year – the build-up to the peak

June 16, 2023
Total Views: 2040

River at low levels because of drought
Shipping

Summer Just Started, But the Rhine River is Already Starting to Dry Up

By Jack Wittels (Bloomberg) — The German summer may officially be just two weeks old but the Rhine river — a vital artery for the country and

June 16, 2023
Total Views: 14002

tanker at sea
Shipping

Iranian Oil Is Quietly Flooding Into the Global Market Again

(Bloomberg) — Iran is shipping the most crude in almost five years, fortifying its re-emergence on the geopolitical stage while posing risks

June 16, 2023
Total Views: 4649

Eneti offshore wind turbine installation vessel
Shipping

Cadeler and Eneti to Merge, Creating World’s Leading Offshore Wind Turbine and Foundation Installation Shipowner

Cadeler A/S and Eneti Inc. have agreed to combine in a stock-for-stock exchange offer, creating the world’s leading offshore wind turbine and foundation

June 16, 2023
Total Views: 1113

Thursday, June 15, 2023
LNG TANKER - Sunrise
Shipping

MOL Joins Large-Scale Clean Hydrogen-Ammonia Project in Louisiana

Mitsui O.S.K. Lines (MOL), one of the world’s top shipping companies, has become the latest shareholder in a proposed large-scale clean hydrogen-ammonia

June 15, 2023
Total Views: 2002

French Startup Unveils Sailing Cargo Ship
Shipping

French Startup Unveils Sailing Cargo Ship

French transport startup VELA has unveiled the design for its first-of-its-kind trimaran cargo ship that will transport goods across the Atlantic using 100%

June 15, 2023
Total Views: 5591

Dozens drown in deadliest migrant shipwreck off Greece this year. Hellenic Coast Guard/Handout via REUTERS
Shipping

Questions Mount After Migrant Boat Tragedy Off Greece

By Lefteris Papadimas and Karolina Tagaris KALAMATA, Greece, June 15 (Reuters) – As Greece confronts its worst sea disaster in years, questions are

June 15, 2023
Total Views: 3336

nuclear icebreaker convoy
Shipping

Kremlin Urges Faster Action to Let Foreign Vessels Use Northern Sea Route

MOSCOW, June 15 (Reuters) – A Kremlin aide urged the Russian government on Thursday to adopt legislation allowing foreign flagged vessels to

June 15, 2023
Total Views: 2924

Knutsen NYK Carbon Carrier Tapped for Western Australia Carbon Capture and Storage Project
Environment

Knutsen NYK Carbon Carrier Tapped for Western Australia Carbon Capture and Storage Project

Australian oil and gas company Pilot Energy Limited has signed an agreement with Knutsen NYK Carbon Carriers AS (KNCC), an international CO2 marine

June 15, 2023
Total Views: 1423

aerial view of the ports of los angeles and long beach
Shipping

Nation’s Supply Chain Threat Diminishes With West Coast Port Deal

By Laura Curtis and Jordan Fabian (Bloomberg) — Workers and employers announced a tentative agreement on a new six-year contract that will cover

June 15, 2023
Total Views: 1188

Cargo containers pile up at a marine terminal at the Port of Los Angeles.
Ports

Tentative Deal Reached in West Coast Labor Negotiations

The Pacific Maritime Association and the International Longshore and Warehouse Union have announced a tentative agreement in West Coat labor negotiations,

June 15, 2023
Total Views: 4547

Wednesday, June 14, 2023
Dozens drown in deadliest migrant shipwreck off Greece this year. Hellenic Coast Guard/Handout via REUTERS
Shipping

Hundreds Feared Drowned in Deadliest Migrant Shipwreck Off Greece This Year

By Karolina Tagaris and Stamos Prousalis KALAMATA, Greece, June 14 (Reuters) – At least 79 migrants drowned early on Wednesday and hundreds

June 14, 2023
Total Views: 3656

lng carrier
Shipping

First Green Hydrogen Shipping Corridor to Connect Algeciras with Rotterdam

Cepsa and Yara Clean Ammonia have entered into a strategic partnership to create the first green hydrogen maritime corridor between the ports of Algeciras and

June 14, 2023
Total Views: 1955

Chief Engineer Convicted for Illegal Discharges and Obstruction of Justice
Shipping

Chief Engineer Convicted for Illegal Discharges and Obstruction of Justice

After a five-day jury trial, Chief Engineer Denys Korotkiy has been found guilty of conspiracy to obstruct justice, obstruction of justice, and failure to

June 14, 2023
Total Views: 9833

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

Global Oil Demand Approaching Peak as Clean Energy Takes Center Stage, Says IEA Report

Growth in the global demand for oil is projected to experience a significant slowdown in the coming years before stalling out this decade amid the transition

June 14, 2023
Total Views: 814

Crude oil tanker Advantage Angel transits Istanbul's Bosphorus
Shipping

Oil Supertanker Rates Surge as Cargoes From Mideast Climb

(Bloomberg) — Earnings for giant crude supertankers posted their second-largest daily gain in three years as the number of cargoes jumped from the Middle

June 14, 2023
Total Views: 1246

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

Singapore’s May Bunker Sales Hit Over 5-Year High as Vessel Arrivals Spike

SINGAPORE, June 14 (Reuters) – Monthly sales of marine fuel, also known as bunker fuel, hit over five-year highs at the world’s largest refuelling

June 14, 2023
Total Views: 522

Tuesday, June 13, 2023
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

Acting U.S. Labor Chief in California to Urge West Coast Port Labor Deal

By David Shepardson WASHINGTON, June 13 (Reuters) – Acting U.S. Labor Secretary Julie Su is in California to meet with West Coast ports unions

June 13, 2023
Total Views: 1559