Shipping

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


Monday, July 1, 2024
Maersk Withdraws DB Schenker Bid
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Maersk Withdraws DB Schenker Bid

By Eyk Henning, Dinesh Nair and Sara Sjolin (Bloomberg) — A.P. Moller-Maersk A/S withdrew its bid for DB Schenker, the logistics unit of Deutsche Bahn

July 1, 2024
Total Views: 1859

Friday, June 28, 2024
The M/V Wan Hai 362 departs the Port of Long Beach, California. Picture taken in September 2023. Photo courtesy Port of Long Beach
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America Must Renew its Commitment to Maritime

By Jennifer Carpenter The United States must renew its commitment to a strong, reliable American maritime capability to confront emerging threats. China’s

June 28, 2024
Total Views: 3766

lng carrier
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After Oil, Russia May Now Be Building a Shadow Fleet for Gas

(Bloomberg) — In the months that followed its invasion of Ukraine and punitive Western restrictions imposed in response, Russia amassed a shadow fleet to

June 28, 2024
Total Views: 964

capesize bulk carrier
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Baltic Index Logs Monthly Gain on Strong Capesize Demand

June 28 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose on

June 28, 2024
Total Views: 462

tanker at sea
Shipping

U.S. Sanctions UAE Companies and Vessels in Response to Iran Nuclear Activities

The U.S. Department of State has announced sanctions on three United Arab Emirates (UAE) companies and eleven tankers over their involvement in the

June 28, 2024
Total Views: 1458

Aerial top view of a containership underway
Shipping

Continued Spot Rate Surge Looms with New FAK Hikes and Surcharges

By Gavin van Marle (The Loadstar) – As expected after last week’s surge in spot rate levels, this week saw more modest gains thanks to a week’s

June 28, 2024
Total Views: 885

Thursday, June 27, 2024
A Wallenius Wilhelmsen vessel in port
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Wallenius Wilhelmsen Secures Multi-Year Contract Valued at $195 Million

Global roll-on/roll-off (RoRo) shipping and vehicle logistics provider, Wallenius Wilhelmsen, has just announced the signing of a substantial multi-year

June 27, 2024
Total Views: 3485

A CMA CGM containerships transits the Panama Canal
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Panama Canal Boosts Capacity on Eighth Anniversary of Expansion Project

The Panama Canal is marking the eighth anniversary of its historic expansion program by increasing its draft and daily transits amid an ongoing water crisis.

June 27, 2024
Total Views: 1138

A drone view of three berths able to load vessels with oil is seen after their construction at Westridge Marine Terminal, the terminus of the Canadian government-owned Trans Mountain pipeline expansion project in Burnaby, British Columbia, Canada, April 26, 2024. REUTERS/Chris Helgren/File Photo
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Canada Finds It’s Cheaper to Ship Oil Via Stop in California

(Bloomberg) — Canada’s newest oil pipeline has turbo-charged exports of the country’s heavy crude to Asia and a diversion through California

June 27, 2024
Total Views: 2852

Ship Reports New Attack Off Red Sea Port of Hodeidah
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Ship Reports New Attack Off Red Sea Port of Hodeidah

DUBAI, June 27 (Reuters) – A merchant vessel reported being hit by a projectile in the Red Sea off the coast of Yemen on Thursday, British security firm

June 27, 2024
Total Views: 1492

Ship-to-ship transfer of Russian LNG from Yamal LNG near Honningsvåg on February 19, 2019. (Source: Courtesy of Kystverket / Norwegian Coastal Administration)
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Mounting Evidence Shows Russia Assembling Pieces for Potential LNG ‘Dark Fleet’

By Malte Humpert (gCaptain) – Signs of a Russian effort to ready an Arctic LNG “dark fleet” continue to mount.  An increasing number of

June 27, 2024
Total Views: 7622

Rear Adm. Douglas Schofield, commander, Coast Guard Seventh District, presents a Meritorious Public Service Award to Christopher Thornton with the Charleston Branch Pilots Association for his commendable actions related to the uncontrolled acceleration of the MSC Michigan VII at the Charleston Branch Pilots Station in Charleston, South Carolina, June 26, 2024. U.S. Coast Guard Photo
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Charleston Pilot Honored for Saving Runaway Ship

Charleston pilot, Christopher Thornton, was honored with the Meritorious Public Service Award by the U.S. Coast Guard on Wednesday for his heroic actions in

June 27, 2024
Total Views: 3143

Wednesday, June 26, 2024
FILE PHOTO: Ships and shipping containers are pictured at the port of Long Beach in Long Beach, California, U.S., January 30, 2019. REUTERS/Mike Blake/File Photo
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Global Freight Rises But Shows Signs of Weakness in U.S.

By John Kemp LONDON, June 26 (Reuters) – Global manufacturing activity and freight are showing signs of a recovery, after a downturn took hold

June 26, 2024
Total Views: 2857

Pure car and truck carrier in port
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SAS Achieves Key Milestone in Gram Car Carriers Acquisition

SAS Shipping Agencies Services Sàrl (SAS) has received acceptances for approximately 93.56% of Gram Car Carriers ASA’s (GCC) issued share capital,

June 26, 2024
Total Views: 718

A U.S. Coast Guard patrol vessel travels along the Patapsco River, following the collapse of the Francis Scott Key Bridge in Baltimore, Maryland, U.S., March 28, 2024. REUTERS/Tom Brenner
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Bigger Ships, Bigger Risks: Navigating the Challenges of Modern Maritime Safety

By Captain Rahul Khanna The tragic collapse of Baltimore’s Francis Scott Key Bridge in the US after it was hit by the container ship Dali made headlines

June 26, 2024
Total Views: 2452

Aerial view of Deep water port with cargo ship and container Singapore
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Singapore Port Congestion Shows Global Ripple Impact of Red Sea Attacks

SEOUL/SINGAPORE, June 26 (Reuters) – Congestion at Singapore’s container port is at its worst since the COVID-19 pandemic, a sign of

June 26, 2024
Total Views: 1440

Tuesday, June 25, 2024
An EUNAVFOR warship escorts a merchant vessel in the Red Sea
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Unions Seek Immediate Action to Protect Seafarers in the Red Sea

The International Transport Workers’ Federation (ITF) and seafarers’ unions around the world are demanding immediate action to ensure the safety of

June 25, 2024
Total Views: 2161

Chinese Coast Guard vessels fire water cannons towards a Philippine resupply vessel Unaizah May 4 on its way to a resupply mission at Second Thomas Shoal in the South China Sea. REUTERS/Adrian Portugal
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China’s Ax-Wielding Coast Guard Tests Limits in South China Sea

By Philip J. Heijmans (Bloomberg) — The latest South China Sea clash saw China’s coast guard wielding axes and a Philippine sailor lose his thumb in

June 25, 2024
Total Views: 2681

eWolf underway at the Port of San Diego. Photo courtesy Crowley
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Crowley Christens America’s First All-Electric Tug, eWolf

Crowley has launched eWolf, the first all-electric ship assist harbor tugboat in America. The launch marks a significant milestone in the maritime industry, as

June 25, 2024
Total Views: 2223

China Oil tanker at PDVSA's Jose Antonio Anzoategui industrial complex
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Venezuela Resorts to Dark Fleet to Transport Oil to Cuba

By Marianna Parraga HOUSTON, June 25 (Reuters) – Venezuela’s state oil company PDVSA has begun using tankers that navigate off radar to

June 25, 2024
Total Views: 1560