Shipping

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


Wednesday, January 17, 2024
Convoy of ships in the Suez Canal
Shipping

Suez Canal Transits Fall to Lowest Level Since Ever Given Grounding

By Brendan Murray (Bloomberg) — Commercial ship transits through the Suez Canal dropped to the lowest level since the Ever Given blocked the

January 17, 2024
Total Views: 4913

FILE PHOTO: Crew members look out from the MV Maersk Mc-Kinney Moller as it berths at a PSA International port terminal in Singapore,
Shipping

Maersk CEO Sees Red Sea Shipping Disruption Lasting ‘at Least a Few Months’

DAVOS, Switzerland, Jan 17 (Reuters) – Maersk CEO Vincent Clerc said on Wednesday the disruption to global shipping caused by the attacks on vessels

January 17, 2024
Total Views: 2243

Bulk carrier Aroyat and general cargo vessel Resilient Africa arrives to the sea port of Chornomorsk. Photo September 16, 2023. REUTERS/Stringer.
Shipping

More Ships Flag No Link With Israel to Avoid Houthi Attacks

(Bloomberg) — Cargo ships are broadcasting that they are not connected with Israel in an effort to avoid Houthi attacks in the Red Sea area. At least 21

January 17, 2024
Total Views: 3102

FILE PHOTO: U.S. National Security Advisor Jake Sullivan speaks during a press briefing, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in Tel Aviv, Israel, December 15, 2023. REUTERS/Violeta Santos Moura/File Photo
Shipping

Biden Administration Re-Designates Houthis as Terrorist Group

The United States has announced the re-designation of the Yemen-based group Ansarallah, also known as the Houthis, as a Specially Designated Global Terrorist

January 17, 2024
Total Views: 892

A worker on a container crane at the Port of Los Angeles
Ports

Port of Los Angeles Ends 2023 On a High Note

The Port of Los Angeles saw a 2.5% increase in the amount of cargo processed in December, marking the fifth consecutive month of year-over-year gains. Total

January 17, 2024
Total Views: 1578

Joint design image by Yangzijiang Shipbuilding representing 6 of the vessels. Image courtesy Ocean Network Express
Shipbuilding

ONE Orders First Methanol-Fueled Ships

Ocean Network Express (ONE), the world’s sixth-largest container carrier, has placed orders for the construction twelve 13,000 TEU methanol dual-fuel

January 17, 2024
Total Views: 2331

FILE PHOTO: Container vessel Maersk Hangzhou sails in the Wielingen channel, Westerschelde, Netherlands, July 15, 2018. Rene van Quekelberghe/Handout via REUTERS/File Photo
Shipping

Maersk and Hapag-Lloyd Form New ‘Gemini Cooperation’ Operational Agreement

Shipping giants Maersk and Hapag-Lloyd have announced the signing of a long-term operational collaboration agreement, named the Gemini Cooperation, set to

January 17, 2024
Total Views: 3871

Tuesday, January 16, 2024
Houthi stand on beach after ship attack
Shipping

Red Sea Attacks Continue to Disrupt Global Trade

By Idrees Ali and Dmitry Zhdannikov WASHINGTON/DAVOS, Jan 16 (Reuters) – The U.S. military carried out a new strike in Yemen on

January 16, 2024
Total Views: 14112

A Maersk containership in the Suez Canal
Shipping

Ship Insurers Seeking Exclusions for US and UK Vessels from Red Sea Coverage

By Alex Longley and Áine Quinn (Bloomberg) — Some ship insurers are starting to avoid covering US and UK merchant ships against war risks when they

January 16, 2024
Total Views: 8914

Sailors assigned to the Arleigh Burke-class guided-missile destroyer USS Carney (DDG 64) stand watch in the ship’s Combat Information Center during an operation to defeat a combination of Houthi missiles and unmanned aerial vehicles, Oct. 19. U.S. Navy Photo
Shipping

U.S. Confirms New Military Strikes in Yemen, Houthis Hit Bulk Carrier

The U.S. has confirmed new military strikes in Yemen ahead of another successful Houthi missile strike on a Greek-owned, Maltese-flagged bulk carrier and

January 16, 2024
Total Views: 15418

Graphic and map showing 2023 maritime piracy incidents by location
Shipping

IMB: Rise in Piracy, Successful Somali-Based Hijacking a Cause for Concern

The International Maritime Bureau (IMB) reported an increase in maritime piracy incidents in 2023, including the first successful Somali-based hijacking since

January 16, 2024
Total Views: 1953

US Navy destroyer USS Truxtun escorts merchant ship in red sea
Shipping

The Red Sea Crisis: Possibly the Beginning of Something Bigger

By Barry Parker (gCaptain) – When it comes to shipping market predictions, analysts crunching supply and demand numbers can sometimes, but not always,

January 16, 2024
Total Views: 7149

File photo of an LNG carrier in the Suez Canal
Shipping

LNG Carriers Divert From Red Sea as Qatar Warns of Escalation

(Bloomberg) — Liquefied natural gas suppliers, including Qatar and Russia, are avoiding the Red Sea amid heightened risk of attacks by Houthis militants

January 16, 2024
Total Views: 8482

Stock photo of an oil tanker moored at sea
Shipping

Russian Oil Still Going Through Red Sea Despite Houthi Missiles

(Bloomberg) — Tankers carrying Russian crude are continuing to sail through the Red Sea, despite becoming embroiled in the attacks on merchant shipping

January 16, 2024
Total Views: 2440

Monday, January 15, 2024
Naval diplomacy in London
Shipping

Beyond G7 Gunboats: The Case for Naval Diplomacy to Secure the Red Sea

Both the G7 and the US-led military coalition have been unsuccessful in protecting trade in the Red Sea, Black Sea and other maritime regions. Is there a more

January 15, 2024
Total Views: 7757

Ship sailing in the Red Sea
Shipping

Red Sea Insurance Soars After US Airstrike

By Alex Longley (Bloomberg) The cost of war-risk insurance for vessels sailing through the Red Sea is spiraling, adding a further potential impediment to

January 15, 2024
Total Views: 4212

A tanker transits the Suez Canal. Shutterstock/Anatoly Menzhiliy
Shipping

More Tankers Avoid Red Sea After Military Strikes

By Robert Harvey, Natalie Grover and Ahmad Ghaddar LONDON, Jan 15 (Reuters) – At least six more oil tankers were steering clear of the southern

January 15, 2024
Total Views: 3540

UKMTO map showing the location of today's missile attack on a ship. Photo: UKTMO
Shipping

Eagle Bulk Ship Hit by Missile in Gulf of Aden

A ship belonging to US-based Eagle Bulk Shipping (NYSE: EGLE) has been hit by a missile in the Gulf of Aden. The United Kingdom Maritime Trade Operations

January 15, 2024
Total Views: 16994

qatar lng ship
Shipping

Qatar Reroutes LNG As More Tankers Avoid The Red Sea

By Andrew Mills and Maha El Dahan (Reuters) – Qatar’s state energy company has suspended liquefied natural gas (LNG) shipments via the

January 15, 2024
Total Views: 1998

Photo of a large group of Houthi supporters in Yemen
Shipping

Houthi’s New Narrative: Fighting Western Imperialism

by Mahad Darar (TheConversation) The U.S.- and U.K.-led strikes on the rebel Houthi group in Yemen represent a dramatic new turn in the Middle East conflict

January 15, 2024
Total Views: 1723