Shipping

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


Monday, July 15, 2024
A 2019 view of vessels in the Singapore Strait April 3, 2019. Picture taken on April 3, 2019. REUTERS/Henning Gloystein/File Photo
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Singapore’s Bunker Sales Rise in First Half of 2024

SINGAPORE, July 15 (Reuters) – Sales of marine bunker fuel at Singapore climbed 8.5% in the first half of 2024, official data showed on Monday, as

July 15, 2024
Total Views: 692

Maersk Tanker Underway
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Maersk Tankers and Competitors Bet Billions on Ammonia Fuel Carriers

(Bloomberg) — Some of the biggest names in shipping are betting billions of dollars on tankers to transport a type of ammonia that’s scarcely being

July 15, 2024
Total Views: 1500

A cargo ship is moored in the Port of Long Beach while cranes retrieve cargo containers from the ship
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US Importers Balk at Return of $10,000 Container Rates

LOS ANGELES, July 15 (Reuters) – The cost to ship a standard 40-foot container of toys, auto parts or other goods from Shanghai to New York has

July 15, 2024
Total Views: 2579

torm tanker
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TORM to Acquire Eight MR Vessels in $340 Million Deal

Product tanker operator TORM has agreed to acquire agreed to acquire eight second-hand Medium Range (MR) tankers for $340 million. Delivery of these vessels is

July 15, 2024
Total Views: 1599

Saturday, July 13, 2024
The Panama flagged general cargo vessel, MV Ultra Galaxy, pictured after its grounding late on Tuesday night in remote coastal area of South Africa’s west coast, known as Duiwegat. Photo courtesy SAMSA
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Ships Fleeing The Red Sea Now Face Perilous African Weather

By Alex Longley and Paul Burkhardt (Bloomberg) –Ships sailing around the southern tip of Africa are wrestling with a bout of bad weather that has

July 13, 2024
Total Views: 9699

Friday, July 12, 2024
File photo of an oil tanker at sea
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Gunvor to Ship North Sea Crude to Asia After Bull Play Wraps Up

(Bloomberg) — Gunvor Group will send a supertanker loaded with North Sea Forties crude to Asia after the trading house amassed a large volume of

July 12, 2024
Total Views: 1409

FILE PHOTO: Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, as it sails in the Strait of Gibraltar towards the port of Algeciras, Spain January 19, 2023. REUTERS/Jon Nazca/File Photo
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FMC Seeks Additional Information on Gemini Agreement Between Maersk and Hapag-Lloyd

A global operational alliance between two of the world’s largest container shipping companies will not go into effect next week due to a need for more

July 12, 2024
Total Views: 2043

CCGS Louis S. St-Laurent
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U.S. to Partner with Canada and Finland to Fix Icebreaker Program and Shipbuilding

By Malte Humpert (gCaptain) – The U.S. intends to create an Icebreaker Collaboration Effort (ICE) with Canada and Finland to overcome challenges of

July 12, 2024
Total Views: 2738

A worker on a container crane at the Port of Los Angeles
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U.S. Container Imports Continue to Rise Amid Supply Chain Challenges

The monthly inbound cargo volume at major U.S. container ports continues to rise despite a multiple supply chain challenges, according to the Global Port

July 12, 2024
Total Views: 757

Aerial view of a container ship
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Container Spot Rates Take a Breather

By Gavin van Marle (The Loadstar) – Spot freight rate levels on the major east-west container trades this week remained flat, as the third-quarter peak

July 12, 2024
Total Views: 1399

Thursday, July 11, 2024
Marshall Islands-flagged oil tanker Advantage Sweet, which, according to Refinitiv ship tracking data, is a Suezmax crude tanker which had been chartered by oil major Chevron and had last docked in Kuwait, sails at Marmara sea near Istanbul, Turkey January 10, 2023. REUTERS/Yoruk Isik
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Chevron-Chartered Tanker Seized by Iran Moving to International Waters

July 11 (Reuters) – A Chevron-chartered oil tanker that was seized by Iran more than a year ago was heading for international waters on Thursday,

July 11, 2024
Total Views: 12158

smoke pollution coming from a container ship
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Shipping Trade Associations Call for Changes to IMO’s Carbon Intensity Indicator Regulation

A coalition of leading shipping trade associations has issued a joint policy statement urging changes to the International Maritime Organization’s (IMO)

July 11, 2024
Total Views: 1114

Cameroon-flagged small bulker USKO MFU is pictures in Tuzla anchorage, east Istanbul, Turkey, November 30, 2023. REUTERS/Yoruk Isik
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Ukraine Seizes Cargo Ship, Detains Captain for Exporting ‘Looted’ Grain

KYIV, July 11 (Reuters) – Ukraine seized a foreign cargo ship in the Black Sea off its Odesa region and detained the captain on suspicion of

July 11, 2024
Total Views: 1419

Arctic LNG 2 employee overlooking the Belokamenka construction yard. (Source: Novatek)
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Exit of Chinese Yard Stops Work at Russia’s Arctic LNG 2, Murmansk LNG Delayed Indefinitely

By Malte Humpert (gCaptain) – The U.S. sanctions regime continues to curtail Russia’s flagship LNG project.  Days after Chinese company Wison New

July 11, 2024
Total Views: 1535

FILE PHOTO: Containers are seen stacked up on the container ship CMA CGM Benjamin Franklin at the port of Antwerp, Belgium September 23, 2022. REUTERS/Yves Herman//File Photo
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CMA CGM Ship Loses 44 Containers in Heavy Weather Off South Africa

A CMA CGM containership lost 44 containers overboard amid heavy weather off the coast of South Africa on Tuesday. The incident occurred while the CMA CGM

July 11, 2024
Total Views: 2288

Wednesday, July 10, 2024
A containership docking at the Port of Cape Town
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Severe Weather Halts Container Shipping at Cape of Good Hope

Severe weather conditions near the Cape of Good Hope have brought container traffic to a halt this week, according to analysis by LSEG Shipping Research.

July 10, 2024
Total Views: 5517

A photo of turbines as the South Fork Wind offshore wind farm
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Cancellations Alter the Landscape of U.S. Offshore Wind Projects

The landscape of offshore wind generating capacity in the United States is undergoing significant changes following the cancellation of two major projects in

July 10, 2024
Total Views: 2216

The Marlin Luanda pictured January 27, 2024, in the Gulf of Aden. Photo courtesy Indian Navy
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Marlin Luanda and Pemex Maya Crews Receive Top IMO Bravery Award

The International Maritime Organization (IMO) has announced the recipients of the 2024 IMO Award for Exceptional Bravery at Sea award, the highest recognition

July 10, 2024
Total Views: 1651

The Port of Savannah's Garden City Terminal courtesy Georgia Ports Authority
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U.S. Container Imports Continue to Show Robust Growth Over 2023

U.S. container import volume remained strong in June 2024, with volumes increasing by double-digits compared to the same month last year, according to

July 10, 2024
Total Views: 908

Stock photo of a tanker at sea
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Dozens of Tankers Sanctioned Over Russian Oil Are Sitting Idle Around the World

(Bloomberg) — From the frigid waters of Russia’s Baltic Sea to the Pacific shores of Vladivostok, dozens of tankers that previously moved Moscow’s

July 10, 2024
Total Views: 2455