Shipping

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


Thursday, August 1, 2024
Shipping

Hydrogen Demand Will Require Hundreds of Additional Ships, Report Says

Report finds meeting annual global green hydrogen demand would require over 400 new hydrogen ships. The International Chamber of Shipping (ICS) released a

August 1, 2024
Total Views: 1672

Shipping

Gulf of Mexico Dead Zone is 12th Largest on Record

NOAA-supported scientists reported that this year’s Gulf of Mexico dead zone, an area of low oxygen harmful to marine life, is approximately 6,705 square

August 1, 2024
Total Views: 2156

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 Raises Guidance Again Amid Red Sea Disruptions

Maersk has raised its financial guidance for the third time in as many months due to ongoing Houthi attacks on shipping in the Red Sea, which are forcing ships

August 1, 2024
Total Views: 1200

Wednesday, July 31, 2024
Shipping

ONE Lifts Profit Forecast as Longer Voyages, Strong Demand Boost Container Spot Rates

Ocean Network Express (ONE) released its financial results for its first quarter of FY2024, which spanned April to June. The company reported revenue of $4.211

July 31, 2024
Total Views: 1212

Shipping

Crowley Takes Delivery of Largest U.S. Jones Act-Compliant LNG Bunker Barge

Crowley has taken delivery of the LNG bunker barge Progress, the largest U.S. Jones Act-compliant vessel of its kind, following its construction at Fincantieri

July 31, 2024
Total Views: 1687

Shipping

Israel’s Twin Strikes in Tehran, Beirut Ratchet Up Tensions

By Ethan Bronner (Bloomberg) — Within seven hours overnight, Israel targeted top leaders of Hezbollah in Beirut and Hamas in Tehran in a show of its

July 31, 2024
Total Views: 1732

Tuesday, July 30, 2024
Shipping

Panama Canal Looks to Boost Transits in September as Rains Come Early

PANAMA CITY, July 30 (Reuters) – The Panama Canal expects to increase the number of daily transit slots for vessels to 36 from the current 34

July 30, 2024
Total Views: 2376

Shipping

Enterprise Products Partners Reveals Major Expansion of Export Capacity Along Houston Ship Channel

Houston, Texas-based Enterprise Products Partners (NYSE: EPD) has announced a significant expansion project along the Houston Ship Channel due to strong demand

July 30, 2024
Total Views: 866

Monday, July 29, 2024
Shipping

Chinese Container Ships Take Arctic Shortcut Avoiding Red Sea

By Malte Humpert (gCaptain) – Two Chinese container ships have set course for the Arctic. The vessels intend to use Russia’s Northern Sea Route as a

July 29, 2024
Total Views: 25545

Russia’s Arctic LNG 2 Production Hit by U.S. Sanctions
Shipping

Russia’s Arctic LNG 2 Production Hit by U.S. Sanctions

By Bloomberg News (Bloomberg) — Russia’s biggest producer of liquefied natural gas in June cut processing at its Arctic LNG 2 facility to the lowest

July 29, 2024
Total Views: 2781

Shipping

TFG Marine to Charter New Methanol Bunker Barges in Singapore

July 29 (Reuters) – TFG Marine, a marine fuel supplier majority owned by commodities trader Trafigura, said on Monday it signed a long-term agreement

July 29, 2024
Total Views: 587

The Fortescue Green Pioneer pictured in the Port of Singapore. Photo courtesy Fortescue
Shipping

China’s COSCO and Fortescue Look to Build Green Fuel Supply Chain

BEIJING, July 29 (Reuters) – China’s COSCO Shipping Corporation has signed a preliminary agreement with Australia’s Fortescue to jointly

July 29, 2024
Total Views: 760

A handout photo released by the Philippine Coast Guard shows the tip of MT Terra Nova protruding in Manila Bay, Philippines, July 25, 2024. Philippine Coast Guard/Handout via REUTERS
Oil Spill

Oil Spill from Sunken Tanker Reaches Shore in the Philippines

TANZA, Philippines, July 29 (Reuters) – An oil spill from a marine tanker that capsized off the coast of Manila Bay in

July 29, 2024
Total Views: 1061

An aerial photo of the grounded MV Ultra Galaxy vessel being severely battered by several meter high waves early on Saturday in a remote area of the Atlantic Ocean off the west coast of South Africa. (Photo: SAMSA)
Shipping

Grounded Cargo Ship ‘Ultra Galaxy’ Breaks Apart in South Africa

The South African Maritime Safety Authority (SAMSA) has reported that the Panama-flagged general cargo vessel, MV Ultra Galaxy, grounded off South Africa’s

July 29, 2024
Total Views: 30445

oil tanker crew member
Shipping

Two Classes at Sea: Happiness Index Reveals Persistent Gaps in Seafarers’ Well-Being

The latest Seafarers Happiness Index report by the Mission to Seafarers reveals a mixed but increasingly positive picture of seafarers’ well-being, but

July 29, 2024
Total Views: 1565

Friday, July 26, 2024
Philippines Coast Guard photo of an oil spill after the sinking of the MT Terra Nova.
Shipping

Philippine Coast Guard Responding to Oil Spill from Sunken Tanker ‘Terra Nova’

The Philippine Coast Guard (PCG) has provided an update on the sinking of the MT Terra Nova and the ongoing oil spill response operations in the waters near

July 26, 2024
Total Views: 1629

The Aranui 5, a cruise ship-cum-freighter where some of the athletes competing at the Paris 2024 Olympics surfing competition will stay, is seen near Teahupo'o, Tahiti, French Polynesia, July 25, 2024. REUTERS/Carlos Barria
Interesting

Olympic Surfers Score With ‘Awesome’ Floating Athlete’s Village

TEAHUPO’O, Tahiti, July 25 (Reuters) – Olympic surfers based in Tahiti will miss out on the spectacle of the Games’ opening

July 26, 2024
Total Views: 5009

Rosco Poplar’s track, as displayed on the ship’s ECDIS. Source: RP ECDIS, annotated by ATSB
Shipping

Near-Grounding Incident in Great Barrier Reef Attributed to GPS Malfunction

A bulk carrier narrowly avoided grounding in the Great Barrier Reef after a GPS unit onboard started providing false information, an Australian Transport

July 26, 2024
Total Views: 5933

Thursday, July 25, 2024
Photo of the Maersk Frankfurt shared by the Indian Coast Guard on July 23, 2024.
Shipping

Shipowner Declares General Average Over Maersk Frankfurt Fire

By Angelo Mathais, India correspondent (The Loadstar) Shippers with cargo on the Maersk Frankfurt, which has suffered fires on board for six days, have

July 25, 2024
Total Views: 7727

A CMA CGM containership underway in the Suez Canal
Shipping

Container Shipping Rates Snap Weeks of Gains as Restock Rally Fades

By Brendan Murray (Bloomberg) — Spot rates for shipping containers fell for the first time in almost three months amid signs demand is cooling after US

July 25, 2024
Total Views: 3847