Shipping

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


Wednesday, March 22, 2023
containership
Shipping

UBS Likely to Shrink Credit Suisse’s $10 Billion Shipping Portfolio -Report

March 22 (Reuters) – UBS Group AG will likely shrink Credit Suisse Group’s $10 billion shipping portfolio that it inherited as part of its

March 22, 2023
Total Views: 1980

Deep Sea Mining Loses its Biggest Corporate Backer
Offshore

Deep Sea Mining Loses its Biggest Corporate Backer

By Todd Woody (Bloomberg) — A growing number of countries are calling to delay plans to strip-mine the seabed for metals to make electric car

March 22, 2023
Total Views: 3505

U.S. Coast Guard Seeking Suspension of  Midshipman X’s Alleged Rapist’s Mariner Credential Pending DOJ Decision -Report
Shipping

U.S. Coast Guard Seeking Suspension of Midshipman X’s Alleged Rapist’s Mariner Credential Pending DOJ Decision -Report

Over a year after a U.S. Merchant Marine Academy midshipman came forward about how she was raped by her supervisor while training on board a U.S.-flagged ship

March 22, 2023
Total Views: 16067

Samskip Orders Pair of Hydrogen-Powered Short-Sea Containerships
Environment

Samskip Orders Pair of Hydrogen-Powered Short-Sea Containerships

European multimodal logistics provider Samskip has confirmed an order for two hydrogen fuel cell-powered vessels to serve its west European routes. The company

March 22, 2023
Total Views: 2098

Tuesday, March 21, 2023
oldendorff ship hits bridge
Shipping

Oldendorff Carriers’ Peter Twiss on Retirement: ‘Timing is Everything’

Peter Twiss has stepped down from his role as President and CEO of German-based shipping company Oldendorff Carriers, effective immediately, after more than 20

March 21, 2023
Total Views: 2565

port of los angeles
Shipping

McCown Report: Record Drop for U.S. Container Imports in February

The top ten container ports in the U.S. had a their biggest monthly decline on record in February, reflecting the dramatic boom-to-bust cycle caused by the

March 21, 2023
Total Views: 2843

cma cgm logo on a shipping container
Shipping

CMA CGM Eyes Booming Car Carrier Market

By Nick Savvides (The Loadstar) – French container carrier CMA CGM, already spreading its wings by entering the air cargo and logistics markets, is

March 21, 2023
Total Views: 4200

Port Arthur LNG export project. Illustration courtesy Sempra Infrastructure
Offshore

Sempra Launches $13 Billion Port Arthur LNG Export Project

Sempra Infrastructure Partners, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), has reached a final investment decision (FID) for the development, construction

March 21, 2023
Total Views: 3081

Aerial photo of an oil tanker at anchor. Stock Photo: Nickeo23/Shutterstock
Shipping

Record U.S. Crude Flows to Europe and China

By Arathy Somasekhar HOUSTON, March 20 (Reuters) – U.S. crude exports to Europe have hit a record 2.1 million barrels per day on average so far

March 21, 2023
Total Views: 2498

Philippines Finds Leaking Tanker After Three-Week Search
Accidents

Philippines Finds Leaking Tanker After Three-Week Search

MANILA, March 21 (Reuters) – A leaking fuel tanker that sank off the central Philippines three weeks ago has been found using an underwater

March 21, 2023
Total Views: 8899

Monday, March 20, 2023
Vulcan Says Mexico Limestone Terminal Seized by Authorities
Ports

Vulcan Says Mexico Limestone Terminal Seized by Authorities

U.S. construction materials company Vulcan Materials has alleged that Mexican security forces have illegally taken control of its port terminal in southern

March 20, 2023
Total Views: 7590

Oil tanker on Lake Maracaibo, in Cabimas. REUTERS/Issac Urrutia
Shipping

Chevron-Chartered Tanker Involved in Minor Collision in Venezuela

HOUSTON, March 20 (Reuters) – A Liberia-flagged oil tanker chartered by Chevron Corp had a minor collision with another vessel, the Bueno, in

March 20, 2023
Total Views: 2524

FILE PHOTO: The sun sets behind container cranes at the Port of Los Angeles in Los Angeles, California, U.S. October 14, 2021. REUTERS/David Swanson/File Photo
Ports

West Coast Port Labor Talks Strained Over Lunch Breaks

By Laura Curtis (Bloomberg) — Negotiations over a new labor contract for West Coast dockworkers are under increasing strain as their employers say a

March 20, 2023
Total Views: 5965

The container ship Ever Given reaches the port of Rotterdam
Shipping

Evergreen Employees Get Another Windfall

By Low De Wei and Cindy Wang (Bloomberg) — Soon after giving its employees a bumper 50-month bonus, Taiwan’s Evergreen Marine Corp. is handing out

March 20, 2023
Total Views: 8108

Australia Bans Dutch Ship Amid Crackdown on ‘Poor Performers’
Shipping

Australia Bans Dutch Ship Amid Crackdown on ‘Poor Performers’

The Australian Maritime Safety Authority (AMSA) has handed down a 90-day ban to a Netherlands-flagged ship as part of a crackdown on “poor

March 20, 2023
Total Views: 13664

Rising Rates Are Reshaping Once-Lucrative Commodity Trades
Shipping

Rising Rates Are Reshaping Once-Lucrative Commodity Trades

By Archie Hunter (Bloomberg) — Higher interest rates are forcing commodity traders to rethink some deals and push up prices, in the latest example of

March 20, 2023
Total Views: 1290

Sunday, March 19, 2023
Oil, Gas And Shipping Are Key Charts To Watch In Global Commodity Markets This Week
Shipping

Oil, Gas And Shipping Are Key Charts To Watch In Global Commodity Markets This Week

By Sophie Caronello Mar 19, 2023(Bloomberg) –Here are some notable charts to monitor in commodities markets over the coming days. Oil & Gas Oil

March 19, 2023
Total Views: 1319

Saturday, March 18, 2023
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

Tanker Giants Sprout From Nowhere To Keep Russian Oil Moving

By Elizabeth Low Mar 18, 2023 (Bloomberg) –At a downtown office block in Mumbai, packing tape peels off a black door whose handle appears to have

March 18, 2023
Total Views: 16644

Commercial vessels including vessels which are part of Black Sea grain deal wait to pass the Bosphorus strait off the shores of Yenikapi during a misty morning in Istanbul, Turkey, October 31, 2022. REUTERS/Umit Bektas/File Photo
Shipping

Black Sea Grain Initiative Extended

By Megan Durisin and Áine Quinn Mar 18, 2023(Bloomberg) –The agreement allowing Ukraine to export crops out of key Black Sea ports was renewed for

March 18, 2023
Total Views: 1343

LNG Activities Resume At Dunkirk Terminal In France
Shipping

LNG Activities Resume At Dunkirk Terminal In France

PARIS,(Reuters) – Disruption at Fluxys’s FLUX.BR liquefied natural gas (LNG) terminal in Dunkirk, northern France, ended on Friday morning, a

March 18, 2023
Total Views: 1733