Shipping

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


Tuesday, November 7, 2023
Barges make their way down the Mississippi River, where the water levels have reached historically record lows in Memphis, Tennessee, U.S. October 23, 2022. Photo REUTERS/Karen Pulfer Focht
Shipping

U.S. Wheat Exports Plunge as Mississippi River Dries Up

(Bloomberg) — American wheat shipments dropped to the lowest ever, hampered by a shrinking Mississippi River and competition from ample global grain

November 7, 2023
Total Views: 3606

The M/V American Courage aground on the St. Clair River near Marine City, Michigan, November 7, 2023. U.S. Coast Guard
Shipping

Tugs Refloat Lake Freighter on St. Clair River in Michigan

Update: The lake freighter American Courage, which ran aground in the St. Clair River Tuesday morning at 7:21 a.m. local time, was successfully refloated

November 7, 2023
Total Views: 18591

A photo of the Saildrone Voyager in calm seas
Shipping

Saildrone Receives First-Ever Classification for Autonomous Surface Vehicle

Alameda, California-based Saildrone, a leading company in ocean data collection using autonomous vehicles, has achieved a significant milestone by receiving

November 7, 2023
Total Views: 1826

Monday, November 6, 2023
cargo ships loading at port of oakland
Ports

ONE Expands Terminal Capacity in Rotterdam and US West Coast

Ocean Network Express (ONE) has completed its acquisition of significant stakes in three major container terminals on the U.S. West Coast and in Rotterdam. The

November 6, 2023
Total Views: 2424

ship navigation bridge
Shipping

Seafarers’ Declining Happiness Raises Concern

The latest Seafarers Happiness Index has raised further concern about the welfare of seafarers, revealing a continuous decline in their happiness. The report,

November 6, 2023
Total Views: 2448

Crude Oil Tanker MT Aegean Unity Transiting New Panama Canal Locks
Shipping

Panama Canal Drought Risks Driving Away Large Oil Tankers

(Bloomberg) — Dry weather is set to force large oil tankers to completely stop using the Panama Canal, requiring the vessels to extend their voyages by

November 6, 2023
Total Views: 5543

two tankers conduct ship-to-ship transfer
Shipping

Iran Oil Flows Fell Sharply Last Month, Tanker Watchdog Says

By Alaric Nightingale (Bloomberg) — Iran’s oil exports dropped for a second month in October, data from a firm that analyzes satellite imagery of

November 6, 2023
Total Views: 1444

Sunday, November 5, 2023
U.S. Secretary of State Blinken visits Cyprus. REUTERS/Jonathan Ernst/Pool
Shipping

Blinken Discussed Maritime Aid Corridor To Gaza In Cyprus 

NICOSIA, Nov 5 (Reuters) – U.S. Secretary of State Antony Blinken briefly stopped over in Cyprus on Sunday where a Cypriot proposal to establish a

November 5, 2023
Total Views: 1107

Saturday, November 4, 2023
The 'Wonder of the Seas' cruise ship leaves a port in Malaga. REUTERS/Jon Nazca
Shipping

Royal Caribbean Alters 2024 Cruise Itineraries To Skip Israel

NEW YORK, Nov 2 (Reuters) – Royal Caribbean Group RCL.N is removing Israel from its 2024 itineraries due to the Israel-Hamas war, according to an

November 4, 2023
Total Views: 2139

Friday, November 3, 2023
Journalists onboard a Philippines Coast Guard ship take photos of a China Coast Guard vessel, during a resupply mission for troops stationed at a grounded Philippines ship, in the South China Sea, September 8, 2023. REUTERS/Jay Ereno
Shipping

U.S. and China Hold Talks on South China Sea Issues

WASHINGTON, Nov 3 (Reuters) – The United States and China held “candid” talks on maritime issues, including on the contested South China

November 3, 2023
Total Views: 21698

A Russian state flag flies on the top of a diesel plant in the Irkutsk Oil Company-owned Yarakta Oil Field in Irkutsk Region. Picture REUTERS/Vasily Fedosenko
Shipping

Russia’s October Seaborne Diesel Exports Fall on Ban, Maintenance

MOSCOW, Nov 3 (Reuters) – Seaborne diesel and gasoil exports from Russian ports fell 11% in October from a month earlier to about 2.55

November 3, 2023
Total Views: 690

Close in photo of Maersk ship loaded with containers
Shipping

Maersk Slumps After Forecasting Weak Global Trade Until 2026

(Bloomberg) — A.P. Moller-Maersk A/S, a bellwether for global trade, fell after saying it’s cutting at least 10,000 jobs to shield its profitability in

November 3, 2023
Total Views: 3055

An LNG carrier transits through the Panama Canal. Photo credit: Flystock/Shutterstock
Shipping

Panama Canal Traffic Is Being Throttled by Climate Change

(Bloomberg) — The Panama Canal doesn’t have enough water. A lack of rainfall, blamed on climate change, is leading to a steady decline in water levels

November 3, 2023
Total Views: 2136

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
Shipping

Maersk to Reduce Headcount by 10,000 Amid Challenging Market Conditions

A.P. Moller-Maersk has announced plans to cut its workforce by 10,000 employees due to challenging market conditions in the ocean shipping industry as the

November 3, 2023
Total Views: 2252

Thursday, November 2, 2023
A Foss Maritime tug wrangles a breakaway barge in Elliot Bay, near downtown Seattle, Washington, November 2, 2023. U.S. Coast Guard Photo
Shipping

Breakaway Barge Damages Pier in Downtown Seattle

A breakaway barge loaded with containers has damaged a pier along Seattle’s downtown waterfront. The U.S. Coast Guard’s 13th District said it was

November 2, 2023
Total Views: 9007

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

Okeanis Eco Tankers Files for Direct Listing on NYSE

Greece-based Okeanis Eco Tankers Corp. (OET) has filed a registration statement with the U.S. Securities and Exchange Commission to directly list its common

November 2, 2023
Total Views: 836

LNG carrier
Shipping

Israel Lowers Gas Exports With Tamar Field Shut

JERUSALEM, Nov 2 (Reuters) – Israel is exporting 70% less natural gas since it shut down its Tamar field, with the economic toll of the closure

November 2, 2023
Total Views: 1315

Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Carriers’ Failure to Boost Spot Prices Could Threaten Contract Rates

By Mike Wackett (The Loadstar) – Ocean carriers aim to have at least 50% of their business fixed by way of annual contracts, which are generally agreed

November 2, 2023
Total Views: 1106

General view of Ashdod port, Israel October 23, 2023.
Shipping

Israel’s Shipping Industry Urges Government to Help With Jump in War Insurance

JERUSALEM, Nov 2 (Reuters) – Ships sailing for Israel face a 10-fold jump in war risk premiums as the conflict in Gaza intensifies, prompting

November 2, 2023
Total Views: 669

An illustration of the Yara Eyde, planned to be the world's first ammonia-powered containership. Image courtesy Yara International
Environment

World’s First Ammonia-Powered Containership Under Development

Yara Clean Ammonia, North Sea Container Line, and Yara International have joined forces to develop the world’s first containership powered by pure

November 2, 2023
Total Views: 2304