Shipping

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


Thursday, May 4, 2023
Oil tanker in Ningbo Zhoushan port
Shipping

Shipping Data Reveals Surge in Oil Shipments Bound for China

By Sharon Cho and Bill Lehane (Bloomberg) — China’s recovery may be disappointing some oil bulls, but there’s one incontrovertible fact: the

May 4, 2023
Total Views: 1313

Wednesday, May 3, 2023
CMA CGM’s CEVA Logistics Makes Entry into Car Carrier Market
Shipping

CMA CGM’s CEVA Logistics Makes Entry into Car Carrier Market

CEVA Logistics has signed a 10-year lease agreement with parent company CMA CGM to lease four roll-on, roll-off (RORO) vessels from Eastern Pacific Shipping.

May 3, 2023
Total Views: 4411

Philly Shipyard Lays Keel for Third National Training Ship
Shipping

Philly Shipyard Lays Keel for Third National Training Ship

Philly Shipyard has announced a construction milestone with the keel laying for the third of five cutting-edge training vessels being built for America’s

May 3, 2023
Total Views: 5388

STRAIT OF HORMUZ (May 3, 2023) A screenshot of a video showing fast-attack craft from Iran’s Islamic Revolutionary Guard Corps Navy swarming Panama-flagged oil tanker Niovi as it transits the Strait of Hormuz, May 3, 2023. U.S. Navy Photo
Shipping

Latest Tanker Seizure Ratchets Up Tensions for Shipping on Vital Oil Route

By Verity Ratcliffe (Bloomberg) — Iran seized a second oil tanker in less than a week, ratcheting up tensions for shipping in one of the world’s

May 3, 2023
Total Views: 2809

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

New Pure-Play Tanker ETF Launches on NYSE

A new ETF offering investors pure-play exposure to tanker shipping futures launched on the New York Stock Exchange today. The ETF, known as the Breakwave

May 3, 2023
Total Views: 1821

MARAD Awards $20.8 Million in Small Shipyard Grants
Shipping

MARAD Awards $20.8 Million in Small Shipyard Grants

The U.S. Department of Transportation’s Maritime Administration (MARAD) has announced $20.8 million in grant awards to 27 small shipyards across 20 states in

May 3, 2023
Total Views: 2285

tanker at sea
Shipping

Oil Cargo in Sanctions-Busting Claim Had Inconsistent Paperwork

By Jack Wittels and Rodrigo Orihuela (Bloomberg) — A shipment of diesel at the center of a European Union sanctions-busting claim had an inconsistency

May 3, 2023
Total Views: 1025

STRAIT OF HORMUZ (May 3, 2023) A screenshot of a video showing fast-attack craft from Iran’s Islamic Revolutionary Guard Corps Navy swarming Panama-flagged oil tanker Niovi as it transits the Strait of Hormuz, May 3, 2023. U.S. Navy Photo
Shipping

Greece Had Warned Shipowners of Iranian Threats to Shipping -Sources

By Jonathan Saul and Lefteris Papadimas ATHENS, May 3 (Reuters) – Greece issued a series of warnings to shipowners to avoid sailing close to

May 3, 2023
Total Views: 1261

STRAIT OF HORMUZ (May 3, 2023) A screenshot of a video showing fast-attack craft from Iran’s Islamic Revolutionary Guard Corps Navy swarming Panama-flagged oil tanker Niovi as it transits the Strait of Hormuz, May 3, 2023. U.S. Navy Photo
Shipping

Iran Seizes Another Tanker in Strait of Hormuz

Iranian forces have seized another tanker in the strategically important Strait of Hormuz, marking the latest in a series of seizures and attacks by Iranian

May 3, 2023
Total Views: 2008

Tuesday, May 2, 2023
File photo of an offshore drillship
Shipping

Valaris Expands Contract Backlog with New Wins and Extensions

Offshore drilling company Valaris Limited (NYSE: VAL) has announced strong first quarter results for 2023, with new contracts and extensions announced worth

May 2, 2023
Total Views: 1904

Crowley to Launch New Ocean-Rail Service Connecting Mexico, U.S. Midwest, and Canada
Shipping

Crowley to Launch New Ocean-Rail Service Connecting Mexico, U.S. Midwest, and Canada

US-based maritime and logistics solutions provider Crowley is set to introduce an integrated ocean and rail service linking Mexico, the U.S. Midwest, and

May 2, 2023
Total Views: 2705

port of long beach 2
Shipping

Bankrupt Bed Bath & Beyond Files FMC Complaint Against OOCL

By Alex Lennane (The Loadstar) – US retailer Bed Bath & Beyond, which last week filed for bankruptcy protection, has filed a claim of $37.65m

May 2, 2023
Total Views: 2924

Scorpio Tankers' handymax tanker STI Batterdea enters the port of Rotterdam
Shipping

Scorpio Tankers: Bulls, Bears, and ‘Shiptwits’

By Barry Parker (gCaptain) – Tanker market watchers eagerly awaited the Q1 earnings report from product tanker behemoth Scorpio Tankers (NYSE: STNG),

May 2, 2023
Total Views: 1884

An aerial view shows the Vladimir Arsenyev tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel/File Photo
Shipping

Russia’s Seaborne Crude Flows Climb with No Sign of Easing

By Julian Lee (Bloomberg) — Two months into Moscow’s threatened oil output cut, there is no sign of a sustained drop in crude flows out of the

May 2, 2023
Total Views: 1939

A 2019 view of vessels in the Singapore Strait April 3, 2019. Picture taken on April 3, 2019. REUTERS/Henning Gloystein/File Photo
Shipping

Singapore Ammonia Bunkering Faced with Reality Check

By Jeslyn Lerh SINGAPORE, May 2 (Reuters) – Top global ship fuelling hub Singapore is unlikely to be ready for ammonia bunkering by the end of this

May 2, 2023
Total Views: 5924

Monday, May 1, 2023
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
Shipping

Tanker Seized By Iran Carrying Kuwaiti Crude And Has Indian Crew

By Verity Ratcliffe (Bloomberg) — An oil tanker seized by Iran last Thursday was carrying Kuwaiti crude and had a crew of 24 Indians, according to

May 1, 2023
Total Views: 33821

World’s Largest Bunkering Company Secures Record Credit Facility Amid Energy Transition
Shipping

World’s Largest Bunkering Company Secures Record Credit Facility Amid Energy Transition

Danish-based Bunker Holding Group, the world’s largest bunkering company, has secured a new sustainability-linked unsecured committed bank credit

May 1, 2023
Total Views: 3031

Iran Releases Video of ‘Advantage Sweet’ Boarding in Gulf of Oman
Shipping

Iran Releases Video of ‘Advantage Sweet’ Boarding in Gulf of Oman

New footage aired by Iran’s state television on Friday revealed Iranian navy commandos boarding a U.S.-bound oil tanker in the Gulf of Oman. The U.S.

May 1, 2023
Total Views: 10562

lng carrier
Shipping

Full Steam Ahead for U.S. LNG Exports

By Marianna Parraga HOUSTON, May 1 (Reuters) – U.S. producers of liquefied natural gas (LNG) exported at top capacity in April for a second

May 1, 2023
Total Views: 3377

Sunday, April 30, 2023
The oil tanker Minerva Virgo, docked at the oil terminal, is seen after leaving a Russian port around the time that nation invaded Ukraine in late February. REUTERS/Bjoern Kils/File Photo
Shipping

Spain Finds No Proof of Sanctions-Violating Russian Diesel

By Thomas Gualtieri and Rodrigo Orihuela (Bloomberg) –The Spanish government said an initial inquiry found no evidence to justify allegations that

April 30, 2023
Total Views: 2012