Shipping

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


Friday, March 31, 2023
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

Asia, Middle East Refining Fueling Booming Tanker Demand

By Chunzi Xu and Alex Longley (Bloomberg) — The center of gravity in the global oil-refining complex is shifting sharply eastward — and that’s

March 31, 2023
Total Views: 1693

A tanker ship is seen in the English Channel at sunrise, near Dover, Britain, August 4, 2021. REUTERS/Peter Nicholls/File Photo
Environment

IMO Moving Towards Agreements on Decarbonization

By Barry Parker (gCaptain) – The International Maritime Organization’s (IMO) upcoming environmental meeting, MEPC 80, is now three months away. It

March 31, 2023
Total Views: 1494

EU Will Continue to Recognize Filipino Seafarer Training and Certification
Shipping

EU Will Continue to Recognize Filipino Seafarer Training and Certification

European Commission decision reinforces the crucial role Filipino seafarers play in global shipping and trade. The European Commission announced today that it

March 31, 2023
Total Views: 1767

Master Claims Recreational Voyage While Towing a Barge
Shipping

Master Claims Recreational Voyage While Towing a Barge

Australia has convicted the master of a Sydney-based commercial vessel for breaching a condition on his vessel’s certificate of operation. The March 20

March 31, 2023
Total Views: 6852

Russian Oil Tankers. REUTERS/Tatiana Meel/File Photo
Shipping

IMO Raises Concern About Shadow Tanker Fleet

By Alaric Nightingale and Thomas Gualtieri (Bloomberg) — A United Nations agency that oversees shipping raised concerns about the shadow fleet that has

March 31, 2023
Total Views: 1436

tanker at sea
Shipping

Spain Calls for Tougher Enforcement of Oil Transfers at Sea

MADRID, March 31 (Reuters) – Spain has called for tighter scrutiny of oil transfers involving tankers at sea as the number of unregulated ships

March 31, 2023
Total Views: 784

Thursday, March 30, 2023
Oaktree Bails on TORM Stake Sale
Shipping

Oaktree Bails on TORM Stake Sale

Asset management giant Oaktree Capital Management has abruptly terminated its sale of 5 million Class A common shares in TORM plc (Nasdaq: TRMD or TRMD A), a

March 30, 2023
Total Views: 2477

Oil tanker Kerala, chartered by Chevron, is loaded in the Bajo Grande oil terminal at Maracaibo Lake, in the municipality of San Francisco, Venezuela, January 5, 2023. REUTERS/Isaac Urrutia
Shipping

Valero Seeks U.S. Approval to Import Venezuelan Oil

By Marianna Parraga and Matt Spetalnick HOUSTON/WASHINGTON, March 30 (Reuters) – Valero Energy Corp VLO.N, the second-largest U.S. oil

March 30, 2023
Total Views: 1784

The Kozmino oil port in eastern Russia
Shipping

Russia Relying on Western Insurance for Half of Oil its Shipments

By Bloomberg News (Bloomberg) — Russia still relies on Western insurers to cover more than half of the tanker fleet that exports its oil, according to

March 30, 2023
Total Views: 4451

A Wallenius Wilhelmsen vessel in port
Shipping

Wallenius Wilhelmsen Reveals New Company Structure Focused on Decarbonization

Shipping company Wallenius Wilhelmsen has announced a new management team and company structure, effective from March 30. The changes are aimed at

March 30, 2023
Total Views: 1384

Peter Zeihan interview
Shipping

Zeihan Calls For US Short Sea Shipping And Nearshoring

Geopolitical strategist Peter Zeihan recently shared his insights on globalization, security paradigms, and the need for North America to strengthen its supply

March 30, 2023
Total Views: 2751

NORDEN Enters Capesize Market
Shipping

NORDEN Enters Capesize Market

By Jonathan Saul LONDON, March 30 (Reuters) – Shipping group NORDEN has acquired larger capesize dry bulk ships, aiming to benefit from

March 30, 2023
Total Views: 1447

Wednesday, March 29, 2023
World Shipping Council Responds to Ocean Shipping Antitrust Enforcement Act: Why?
Shipping

World Shipping Council Responds to Ocean Shipping Antitrust Enforcement Act: Why?

The World Shipping Council (WSC) has voiced its opposition to the bipartisan Ocean Shipping Antitrust Enforcement Act, introduced this week by U.S.

March 29, 2023
Total Views: 1741

Cargill to Halt Grain Exports from Russia
Shipping

Cargill to Halt Grain Exports from Russia

By Olga Popova and Karl Plume MOSCOW/CHICAGO, March 29 (Reuters) – Cargill said on Wednesday it would take a further step back from the Russian

March 29, 2023
Total Views: 2609

Tuesday, March 28, 2023
Bulker Owner Himalaya Shipping Announces $45 Million IPO on NYSE
Shipping

Bulker Owner Himalaya Shipping Announces $45 Million IPO on NYSE

Himalaya Shipping Ltd., an independent bulk carrier company, announced today its plan to launch an initial public offering (IPO) of $45,000,000 of its common

March 28, 2023
Total Views: 3076

Stock photo of a ONE containership at berth
Shipping

Controlling Shareholders Complete Atlas Corp. Buyout with ONE

Atlas Corp. (NYSE: ATCO) has announced the completion of its merger with Poseidon Acquisition Corp., a consortium of Atlas’ controlling shareholders

March 28, 2023
Total Views: 2018

Coast Guard Launches Marine Casualty Investigation into ‘Spirit of Boston’ Fire
Shipping

Coast Guard Launches Marine Casualty Investigation into ‘Spirit of Boston’ Fire

The U.S. Coast Guard has launched a formal marine casualty investigation into the fire that occurred aboard the Spirit of Boston passenger vessel on Friday.

March 28, 2023
Total Views: 6005

Unions Grill Maersk Over Labor Issues
Shipping

Unions Grill Maersk Over Labor Issues

Trade unions representing employees and contractors at Maersk gathered in Copenhagen this week to raise concerns about labor issues with management at the

March 28, 2023
Total Views: 2388

Monday, March 27, 2023
container ship
Shipping

CMA Shipping 2023: Liner Shipping’s Commercial and Data-Driven Future

By Barry Parker (gCaptain) – On Day 3 of the Connecticut Maritime Association’s well-attended Shipping 2023 conference, the Liner Shipping panel

March 27, 2023
Total Views: 2588

Terntank Lands Charters for New Methanol and Wind-Ready Product Tankers
Shipping

Terntank Lands Charters for New Methanol and Wind-Ready Product Tankers

Finnish-based Neste has announced a partnership with Swedish shipping company Terntank Rederi A/S to time charter two state-of-the-art, lower-emission methanol

March 27, 2023
Total Views: 1801