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


Tuesday, October 22, 2024
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UNCTAD’s Maritime Review Exposes the Real Winners from Global Shipping Disruptions

By Lori Ann LaRocco (gCaptain) – UNCTAD’s yearly review on the maritime industry meticulously breaks out all the headwinds facing the world of

October 22, 2024
Total Views: 977

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US Will Continue to ‘Tighten the Screws’ on Russia LNG Flows

(Bloomberg) — The US will continue to “tighten the screws” on Russian liquefied natural gas exports to deprive Moscow of funds for its war in

October 22, 2024
Total Views: 895

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Global Shipping in Crisis: How Vulnerable Maritime Chokepoints Threaten the Global Economy

Vulnerability of supply chains exposed as global maritime chokepoints come under pressure, UNCTAD’s Review of Maritime Transport 2024 report reveals. As

October 22, 2024
Total Views: 1358

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Freight Costs for Russian Oil Soar: What Rising Winter Costs Mean for Moscow’s Revenue

MOSCOW, Oct 22 (Reuters) – Freight rates for tankers exporting oil from Russian ports to Asia have risen this month ahead

October 22, 2024
Total Views: 834

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Price Cap Coalition Cracks Down on Sanctions-Busting: New Advisory Takes Aim at Russia’s ‘Shadow Fleet’

The Price Cap Coalition has released an updated advisory aimed at curbing illicit practices and enhancing safety in the oil shipping industry. The coalition,

October 22, 2024
Total Views: 475

Monday, October 21, 2024
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Is the Tanker Market Set for a Comeback? Experts Say a ‘November Surge’ Could Be Just the Beginning

By Barry Parkger (gCaptain) – The tanker market session at Capital Link’s Maritime Forum in New York drew a standing-room-only crowd. Although

October 21, 2024
Total Views: 1203

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UK Cracking Down on ‘Dubious’ Oil Tankers in the English Channel

The UK government has announced stringent measures targeting the so-called “shadow fleet” of oil tankers operating with questionable insurance. The

October 21, 2024
Total Views: 1888

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Fed Up: The World’s Largest Ship Registry is Giving Sanctioned Vessels the Boot

The Panama Maritime Authority (PMA) is taking a decisive move to safeguard the integrity of the world’s largest ship registry, introducing strict legal

October 21, 2024
Total Views: 4675

Ports

MSC Snaps Up Brazilian Shipping Powerhouse in a $765M Deal

SAO PAULO/BENGALURU, Oct 21 (Reuters) – Investment holding company Ocean Wilsons OCN.L has agreed to sell its 56.47% stake in Brazilian unit Wilson

October 21, 2024
Total Views: 1672

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Belgium Quietly Resumes Controversial Russian LNG Transfers as 2025 Ban Looms

(Bloomberg) — Belgium is resuming transshipments of Russian liquefied natural gas destined for Asia after a summer lull — a practice that’s been used

October 21, 2024
Total Views: 2340

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Cape of Good Profits: Maersk Sees Red Sea Chaos and Soaring Demand Pushing Earnings Even Higher

A.P. Moller – Maersk A/S (Maersk) has raised its full-year financial guidance for 2024, marking the fourth upward revision this year as strong demand and

October 21, 2024
Total Views: 1883

Sunday, October 20, 2024
A 47-foot Motor Lifeboat crew arrives on scene during a search and rescue case off the coast of La Push, Washington, October 18, 2024
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Harrowing Tug Rescue Nearly Ends in Disaster Off Washington’s Coast

A dramatic rescue unfolded off the coast of La Push, Washington, on Friday as the Coast Guard and commercial tug crews raced against time to save the 130-foot

October 20, 2024
Total Views: 10466

Friday, October 18, 2024
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Caught on Camera: Teen Surrenders After Burglary Aboard Iconic SS United States

A 17-year-old has reportedly surrendered to Philadelphia authorities in connection with a burglary aboard the historic SS United States, a once-proud ocean

October 18, 2024
Total Views: 4595

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Mysterious Dubai Firm Takes Control of Russian LNG Ships in Apparent Effort to Skirt Sanctions

(Bloomberg) — A newly established company in Dubai has taken over three liquefied natural gas tankers, in what appears to be Russia’s latest effort to

October 18, 2024
Total Views: 12050

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No End in Sight: New Ships Won’t Stop Freight Rates From Climbing in 2025

By Charlie Bartlett (The Loadstar) – Some three million TEU of new tonnage arriving next year will most likely be “more than offset” by further

October 18, 2024
Total Views: 1856

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Greek Dockworkers Block Ammunition Shipment to Israel in Anti-War Protest

ATHENS, Oct 18 (Reuters) – Dozens of members of a Greek dockworkers’ union have blocked the loading of a container of ammunition destined for

October 18, 2024
Total Views: 1734

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Hapag-Lloyd and Maersk Confident in Gemini’s Ambitious 90% Reliability Target

The heads of the new Gemini Cooperation—Rolf Habben Jansen, CEO of Hapag-Lloyd, and Kenni Skotte, Vice President and Head of Ocean Network Product at

October 18, 2024
Total Views: 1211

Thursday, October 17, 2024
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U.S. Sanctions Additional Ships and Captains in Iranian Oil Smuggling Network Linked to Houthi Attacks

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed additional sanctions on 18 entities, individuals, and vessels

October 17, 2024
Total Views: 1612

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Coast Guard Says ‘Swift Action’ Helped Avert Disaster in Alaska

The 738-foot cargo vessel Pan Viva safely departed Dutch Harbor, Alaska, on Monday night, bound for Kalama, Washington, after narrowly avoiding a potential

October 17, 2024
Total Views: 3675

Ports

Baltimore’s Coal Exports Roar Back to Life After Bridge Collapse

Coal exports from the Port of Baltimore have made a remarkable recovery following a complete halt in shipments earlier this year due to the collapse of the

October 17, 2024
Total Views: 2044
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