Shipping

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


Thursday, June 20, 2024
Port of Singapore
Shipping

Transhipment Hubs Hit Hard By Red Sea Reroutings

Key transhipment ports around the world are facing severe congestion in response to the Red Sea crisis, with Singapore being a prime example. The escalating

June 20, 2024
Total Views: 2584

Shipping

Crude Oil Shipments Return to Arctic as Russia Sends Tanker To Asia

By Malte Humpert (gCaptain) – Russia looks set to continue using the Arctic Ocean as a shortcut to deliver crude oil to Asia.  Even before the

June 20, 2024
Total Views: 2028

Shipping

EU Sanctions Target Russian Gas for the First Time

BRUSSELS, June 20 (Reuters) – European Union countries agreed on a 14th package of sanctions against Russia over its war in Ukraine, diplomats said

June 20, 2024
Total Views: 447

Photo shows the M/V Tutor sinking after it was struck by a Houthi unmanned vessel on Wednesday, June 12, 2024.
Shipping

Tutor Sinking Takes Red Sea Perils to New Level

(Bloomberg) — The sinking of a coal-carrier by a sea drone has boosted the risk of navigating the vital Bab el-Mandeb chokepoint to a new level and is

June 20, 2024
Total Views: 995

Wednesday, June 19, 2024
Shipping

China’s LNG Boom Threatened by Alternative Fuels

By Bloomberg News (Bloomberg) — Cracks are appearing in the bullish picture for liquefied natural gas demand in China. Global majors like Shell Plc and

June 19, 2024
Total Views: 1744

Shipbuilding

Mitsubishi Shipbuilding Lands Order for Japan’s First Methanol-Powered Car Carriers

Mitsubishi Shipbuilding Co., a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has been contracted to construct Japan’s first two methanol-fueled

June 19, 2024
Total Views: 1383

Shipping

Canada Lists Iran’s Islamic Revolutionary Guard Corps as a Terrorist Entity

The Canadian Government has officially designated the Islamic Revolutionary Guard Corps (IRGC) as a terrorist organization. The government siad the decision is

June 19, 2024
Total Views: 909

Shipping

Shipping Selloff Shows ‘Inverse Correlation’ Between Liner Profits and War in Gaza

By Charlie Bartlett (The Loadstar) – Shareholders are hoping their container line will not be the first to resume Red Sea transits, analysts say, after

June 19, 2024
Total Views: 1532

Shipping

Dali Crew’s Departure in Question Amid Ongoing Litigation Over Bridge Collapse

Lawyers are seeking to prevent crew members of the containership Dali from leaving the U.S. amid ongoing litigation related to the Francis Scott Key Bridge

June 19, 2024
Total Views: 3189

Ports

India Approves New Deep Sea Port to Boost Trade with Europe

NEW DELHI, June 19 (Reuters) – India’s cabinet approved development on Wednesday of a new deep-water port that the government

June 19, 2024
Total Views: 1762

Shipping

Shipping Industry Calls for Action After Tutor Sinking in Red Sea

The international shipping industry has voiced its outrage and concern following the reported sinking of the M/V Tutor. One crew member is feared lost after

June 19, 2024
Total Views: 5964

Tuesday, June 18, 2024
Shipping

Panama Canal Considers New Reservoir to Help Maintain Water Levels

By Charlotte Goldstone (The Loadstar) – A new reservoir at the Panama Canal to improve reliability could be ready within four to five years of

June 18, 2024
Total Views: 3037

Shipping

In South China Sea Dispute, Philippines’ Bolder Hand Tests Beijing

By Karen Lema, Greg Torode MANILA/HONG KONG, June 19 (Reuters) – Huddled in the presidential situation room in February last year, senior

June 18, 2024
Total Views: 2029

Photo shows the M/V Tutor sinking after it was struck by a Houthi unmanned vessel on Wednesday, June 12, 2024.
Shipping

M/V Tutor Sinks After Houthi Attack in Red Sea

The M/V Tutor appears to have sunk after it was struck in the stern last week by an unmanned surface vessel in the Red Sea. The sinking marks the

June 18, 2024
Total Views: 11064

Shipping

Historic ‘SS United States’ Faces Eviction from Philadelphia Pier

The SS United States, America’s sole remaining historic ocean liner, is under threat of eviction from a Philadelphia pier following a recent court

June 18, 2024
Total Views: 4442

Shipping

‘Galaxy Leader’ Crew Held Hostage for 200 Days by Houthi Militants

The manager of the seized car carrier Galaxy Leader is renewing its plea for the release of 25 crew members held hostage by Houthi militants on board the

June 18, 2024
Total Views: 2194

Monday, June 17, 2024
Shipping

U.S. Dishes Out New Sanctions Targeting Houthi Weapons Network

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced new sanctions on two individuals, including a tanker master, and

June 17, 2024
Total Views: 2905

French frigate escort. Photo: EUNAVFOR
Shipping

Industry Mixed on Duration of Prolonged Red Sea Crisis

The maritime industry faces an uncertain future due to the ongoing Red Sea crisis, with a majority of industry insiders predicting the issues will continue

June 17, 2024
Total Views: 2403

FILE PHOTO: An oil and gas drilling platform stands offshore in Alabama, October 5, 2013. REUTERS/Steve Nesius/File Photo
Shipping

States Sue to Block Biden Administration Rule on Offshore Decommissioning

By Georgina McCartney HOUSTON, June 17 (Reuters) – Texas, Louisiana and Mississippi on Monday sued the U.S. government to block the Biden

June 17, 2024
Total Views: 2245

Shipping

Top Shipping Flag Withdraws Approval for Russian Insurer

(Bloomberg) — The world’s largest shipping register withdrew its approval for Russia’s Ingosstrakh Insurance Co. to provide a key document enabling

June 17, 2024
Total Views: 2384