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


Saturday, July 10, 2021
jakarta container terminal
Shipping

Skyrocketing Containership Rates Draw EU Scrutiny

By Aoife White (Bloomberg) Container shipping’s surging rates are getting scrutiny by the European Union, adding to a U.S. call for more competition among

July 10, 2021
Total Views: 2738

Friday, July 9, 2021
oocl containership
Shipping

OOCL’s Second Quarter Results Confirm ‘Turbocharging’ of Carrier Bottom Lines

By Mike Wackett (The Loadstar) – Cosco subsidiary Orient Overseas (International) Q2 figures from its container arm, OOCL, give an early indication of

July 9, 2021
Total Views: 2839

Federal Maritime Commission Vows to Keep Pressure on Carriers Despite Challenges
Shipping

Federal Maritime Commission Vows to Keep Pressure on Carriers Despite Challenges

By Brendan Murray (Bloomberg) — President Joe Biden’s targeting of shipping lines in a crackdown on uncompetitive industries should be welcome

July 9, 2021
Total Views: 2706

port of los angeles
Ports

Nation’s Retail Imports Continuing Momentum Despite Supply Chain Challenges

Strong consumer demand is continuing to drive double-digit growth of imports at the nation’s top container ports now a year since the economic recovery

July 9, 2021
Total Views: 1359

Detention and Demurrage Charges Targeted in White House Executive Order
Shipping

Detention and Demurrage Charges Targeted in White House Executive Order

President Biden signed a wide-ranging executive order on Friday directing over a dozen federal agencies to take action to promote competition in the American

July 9, 2021
Total Views: 3547

Thursday, July 8, 2021
port of long beach
Ports

Port of Long Beach: June Cargo Volumes Stay Strong Amid Signs of Leveling Off

Cargo volumes through the Port of Long Beach remained strong in June but showed signs of leveling off as retail spending cooled down and consumers warmed up to

July 8, 2021
Total Views: 1848

Containership docking Port of Long Beach
Shipping

Frantic Spending Spree in Containership S&P Market

By Mike Wackett (The Loadstar) – Ocean carriers have sucked dry the sale and purchase containership market, outbidding one another to acquire tonnage

July 8, 2021
Total Views: 2141

port of los angeles-long beach. photo REUTERS/Lucy Nicholson
Shipping

White House Order to Address Competition in Ocean and Rail Shipping

By David Shepardson WASHINGTON, July 8 (Reuters) – President Joe Biden will soon order U.S. transportation agencies to crack down on anti-competitive

July 8, 2021
Total Views: 2199

Wednesday, July 7, 2021
Egypt’s Ever Given Sendoff Filled with Fanfare
Shipping

Egypt’s Ever Given Sendoff Filled with Fanfare

By Tarek El-Tablawy, Mirette Magdy and Abdel Latif Wahba (Bloomberg) — For a nation that provides safe passage for so many ships through its waters,

July 7, 2021
Total Views: 5361

sugar
Shipping

Surging Shipping Rates Seen Tightening Sugar Market

By Fabiana Batista (Bloomberg) — Sugar refineries waiting for sky-high shipping rates to ease before locking in purchases may find that supplies tighten

July 7, 2021
Total Views: 977

Tuesday, July 6, 2021
port vancouver
Shipping

British Columbia Wildfires Impacting Canadian Exports and Imports

By Marcy Nicholson and Natalie Obiko Pearson (Bloomberg) — Hundreds of rail cars have been halted by wildfires that damaged tracks in western Canada

July 6, 2021
Total Views: 2761

Turkish Captain Returns Home After a Year as ‘Legal Guardian’ of Abandoned Ship in Egypt
Shipping

Turkish Captain Returns Home After a Year as ‘Legal Guardian’ of Abandoned Ship in Egypt

Captain Kara was stuck in Egypt for more than a year as a court-appointed legal guardian of the bulk carrier MV Kenan Mete. A Turkish ship captain is heading

July 6, 2021
Total Views: 3750

port of los angeles and long beach
Shipping

Ocean Carriers Underway to Making $100 Billion Annual Profit in 2021

By Mike Wackett (The Loadstar) – Ocean carriers could be on course to make a profit of $100bn this year. And Drewry says their medium-term

July 6, 2021
Total Views: 2132

Israel Probes Suspected Attack on Containership in Indian Ocean
Shipping

Israel Probes Suspected Attack on Containership in Indian Ocean

JERUSALEM/DUBAI (Reuters) – Israeli defense officials were checking whether Iranian forces were behind a possible attack on a cargo ship under partial

July 6, 2021
Total Views: 2433

Ever Given Suez Canal
Shipping

Ever Given Detention Order Lifted by Court

SMAILIA, July 6 (Reuters) – An Egyptian court has lifted the detention order on the Ever Given container ship, allowing its expected release from the

July 6, 2021
Total Views: 2798

Friday, July 2, 2021
First Atlantic Hurricane of 2021 Threatens Caribbean
Shipping

First Atlantic Hurricane of 2021 Threatens Caribbean

By Jeff Kearns (Bloomberg) — Elsa, the first hurricane of the 2021 Atlantic storm season, is bearing down on the Caribbean as extreme weather continues

July 2, 2021
Total Views: 3412

Coast Guard Cracking Down on Boating Under the Influence This Holiday Weekend
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Coast Guard Cracking Down on Boating Under the Influence This Holiday Weekend

The U.S. Coast Guard and its partner agencies are kicking off a national campaign this Fourth of July weekend aimed at preventing accidents and fatalities due

July 2, 2021
Total Views: 1723

Danaos Takes Full Stake in Five-Ship Gemini Joint Venture
Shipping

Danaos Takes Full Stake in Five-Ship Gemini Joint Venture

Greek containership owner Danaos (NYSE: DAC) has exercised its option to acquire the remaining 51% equity in its joint venture Gemini Shipholdings Corporation.

July 2, 2021
Total Views: 1366

containers at port of los angeles
Shipping

Shippers Fret as ‘Opaque’ Detention and Demurrage Charges Soar

By Nick Savvides (The Loadstar) – A doubling of detention and demurrage charges (D&D) during the pandemic has resulted in complaints across the US,

July 2, 2021
Total Views: 2936

port of los angeles-long beach. photo REUTERS/Lucy Nicholson
Shipping

U.S. Trade Deficit Increased to Second Biggest on Record in May

By Augusta Saraiva and Eric Martin (Bloomberg) — The U.S. trade gap widened in May to the second-largest on record as imports increased faster than

July 2, 2021
Total Views: 1314
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