Shipping

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


Friday, November 3, 2023
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: 2137

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: 2256

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: 837

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: 1316

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: 1107

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

Wednesday, November 1, 2023
lng carrier panama canal
Shipping

U.S. October LNG Exports Climb to Second Highest on Record

By Curtis Williams HOUSTON, Nov 1 (Reuters) – U.S. liquefied natural gas (LNG) producers ramped up exports in October, to 7.92 million metric

November 1, 2023
Total Views: 1614

FILE PHOTO: People attend the launch ceremony of China's first domestically built polar icebreaker Xuelong 2, or Snow Dragon 2, at a shipyard in Shanghai, China September 10, 2018. Picture taken September 10, 2018. REUTERS/Stringer
Shipping

China Sends Fleet to Build Antarctic Research Station

BEIJING, Nov 1 (Reuters) – Two Chinese icebreaker research vessels and a cargo ship set sail on Wednesday for the Antarctic with more than 460

November 1, 2023
Total Views: 5129

Photo shows containers floating in the water next to the M/V Sivumut.
Shipping

Cargo Ship Loses Containers in Northern Canada

Recovery operations are underway after a Canadian cargo ship lost about 20 containers overboard in northeastern Canada on Friday. The cargo loss involved

November 1, 2023
Total Views: 13718

FILE PHOTO: Ships and warehouses containing grains and sugar are seen at TIPLAM (Integrator Port Terminal Luiz Antonio Mesquita) from VLI Multimodal S.A. at Santos port, in Santos, Brazil May 25, 2023. REUTERS/Amanda Perobelli/File Photo
Shipping

Sugar Piles Up at Brazilian Ports Amid Global Shortage

By Dayanne Sousa and Isis Almeida (Bloomberg) — The world needs sugar from top producer Brazil more than ever to help ease global shortages. Congestion

November 1, 2023
Total Views: 3424

Ukraine Says Russia Dropped Explosives on Black Sea Shipping Lanes
Shipping

Ukraine Says Russia Dropped Explosives on Black Sea Shipping Lanes

Nov 1 (Reuters) – Ukraine said on Wednesday Russian warplanes had dropped “explosive objects” into the likely paths of civilian

November 1, 2023
Total Views: 2851

Tuesday, October 31, 2023
Two tugboats work to refloat the grounded Bonnie G cargo ship
Shipping

Salvage Crews Refloat and Tow Cargo Ship in St. Thomas

Salvage crews have successfully refloated and towed the Bonnie G cargo ship to the Crown Bay Sandfill dock in St. Thomas, U.S. Virgin Islands. The vessel

October 31, 2023
Total Views: 7045

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

Panama Canal to Slash Daily Transits Further Due to Drought

PANAMA CITY, Oct 31 (Reuters) – The Panama Canal, one of the world’s main maritime trade routes, will further reduce daily ship crossings in the

October 31, 2023
Total Views: 4452

Hoegh Autoliners stock photo
Shipping

Höegh Autoliners Announces Vessel Sale and Purchase

Norwegian roll-on/roll-off shipping company Höegh Autoliners ASA has recently reached an agreement for the sale of the vessel Höegh Bangkok and

October 31, 2023
Total Views: 2488

Monday, October 30, 2023
Russian Oil Tankers. REUTERS/Tatiana Meel/File Photo
Shipping

Russian Diesel Cargoes Set to Surge with Export Ban Lifted

By Bloomberg News (Bloomberg) — Russia plans to boost diesel shipments from its main western ports by more than half next month as the nation’s

October 30, 2023
Total Views: 3632

blue lng carrier at sea
Shipping

LNG Export Permit Reviews Slow Under Biden Administration

By Curtis Williams HOUSTON, Oct 30 (Reuters) – U.S. Department of Energy reviews for liquefied natural gas (LNG) export permits have lengthened under

October 30, 2023
Total Views: 1030