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


Friday, March 22, 2024
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 Says Red Sea Still Too Risky to Justify Return

Danish shipping giant Maersk says it will continue to divert its containerships around the Cape of Good Hope due to the continued risk of Houthi attacks in the

March 22, 2024
Total Views: 1182

An aerial view shows an SCF tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022
Shipping

India Halts Russia Oil Supplies From Sanctioned Tanker Giant

(Bloomberg) — All of India’s refiners are now refusing to take Russian crude carried on PJSC Sovcomflot tankers due to US sanctions, further

March 22, 2024
Total Views: 3973

Oil Tanker Bridge
Shipping

Oil Tanker Firm Fractal Loses Bid to Escape UK Sanctions

By Jonathan Browning (Bloomberg) — A Dubai-based shipping firm that was targeted for being part of Russia’s shadow fleet has lost a court bid to

March 22, 2024
Total Views: 1203

FILE PHOTO: Filipino soldiers take part in a flag raising ceremony on Mavulis Island during a trip of the chief of staff of the Armed Forces of the Philippines, in Batanes, Philippines, June 29, 2023. Batanes, a group of idyllic islands at the country’s northernmost tip, lies just 140 kilometers from Taiwan. Ezra Acayan/Pool via REUTERS/File Photo
Shipping

Philippines to Build New Islands Port Near Taiwan Without U.S. Help, Governor Says

By Karen Lema MANILA, March 22 (Reuters) – The U.S. military will not be involved in development of a port in the Philippines’

March 22, 2024
Total Views: 1476

Thursday, March 21, 2024
lng ship
Shipping

Republican-Led States Sue Over Biden Administration’s LNG Permitting Pause

By Clark Mindock NEW YORK, March 21 (Reuters) – Sixteen Republican-led states on Thursday filed a lawsuit to challenge the federal

March 21, 2024
Total Views: 1128

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

Drought Threatens to Snarl Mississippi River Traffic for a Third Year

By Will Wade (Bloomberg) — The Mississippi River is at risk of bottlenecks for a third straight year as warm, dry spring weather and low winter

March 21, 2024
Total Views: 1996

Aerial top view of a ship at sea
Shipping

Cost Gap for Sustainable Shipping Fuels Could Close by 2035, Says Wärtsilä Report

The price gap between sustainable shipping fuels and conventional fossil fuels is expected to narrow and could achieve cost parity as early as 2035 with the

March 21, 2024
Total Views: 666

The Indian Navy rescues the MV RUEN in the Indian Ocean off the coast of Somalia, March 16, 2024. Photo courtesy Indian Navy
Piracy

Return of Somali Pirates Adds to Crisis for Global Shipping

By Giulia Paravicini, Jonathan Saul and Abdiqani Hassan MOGADISHU, March 21 (Reuters) – As a speed boat carrying more than a dozen Somali

March 21, 2024
Total Views: 2282

Offshore wind farm
Shipping

Study Reveals US Offshore Wind Projects Could Lower Costs, Bolster Grid Reliability

The U.S. Department of Energy (DOE) has released the findings from a two-year-long study evaluating transmission options to support offshore wind energy

March 21, 2024
Total Views: 633

FILE PHOTO: Ships and shipping containers are pictured at the port of Long Beach in Long Beach, California, U.S., January 30, 2019. REUTERS/Mike Blake/File Photo
Shipping

Global Trade Expected to Rebound in 2024, UNCTAD Reports

Global trade is projected to recover in 2024, bouncing back from a downward trend seen in 2023, according to a new report from the United Nations Conference on

March 21, 2024
Total Views: 662

The Marlin Luanda pictured January 27, 2024, in the Gulf of Aden. Photo courtesy Indian Navy
Shipping

Houthis Agree to Give China and Russia Ships a Pass in Red Sea

(Bloomberg) — The Yemen-based Houthis have told China and Russia their ships can sail through the Red Sea and Gulf of Aden without being attacked,

March 21, 2024
Total Views: 4676

Wednesday, March 20, 2024
A tanker transits the Panama Canal Locks
Shipping

Shippers Turn to Longer-Term Charters as Tanker Supply Tightens

By Arathy Somasekhar and Georgina McCartney HOUSTON, March 20 (Reuters) – Rising oil tanker chartering rates due to

March 20, 2024
Total Views: 1248

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

Panama Canal Forced to Balance Shipping Demand with Need for Drinking Water

By Anastasia Moloney PANAMA CITY, March 20 (Thomson Reuters Foundation) – As a colossal Chinese container ship maneuvered into the narrow Miraflores

March 20, 2024
Total Views: 2831

sovcomflot tanker in sea ice
Shipping

India’s Reliance Refusing Sovcomflot Oil Cargoes After Sanctions

NEW DELHI/MOSCOW, March 20 (Reuters) – India’s Reliance Industries, operator of the world’s biggest refining complex, will not buy Russian

March 20, 2024
Total Views: 1512

An Indian Navy helicopter hovers over captured pirates on the deck of the MV Ruen after retaking the ship. Photo courtesy Indian Navy
Piracy

India to Prosecute 35 Somali Pirates Over RUEN Hijacking

By Krishn Kaushik NEW DELHI, March 20 (Reuters) – India will bring in and prosecute 35 Somali pirates its navy captured on a hijacked ship off

March 20, 2024
Total Views: 1961

Tuesday, March 19, 2024
An aerial view shows an SCF tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022
Shipping

Tanker Operators Navigate Russian Crude Trade Amid Sanctions

Despite restrictions, the Russian crude trade is expected to continue at discounted prices, benefiting the crude tanker market for vessels not subject to

March 19, 2024
Total Views: 1175

File photo of an oil tanker at sea
Shipping

Two Tankers With Russian Crude Idle for Weeks Off India

By Sherry Su (Bloomberg) — Two tankers carrying Russian flagship Urals crude have been idling off the West Coast of India for more than three weeks

March 19, 2024
Total Views: 4955

The LNG-powered containership, the CMA CGM, on the river Elbe near the city of Hamburg, Germany, February 14, 2021. Photo: FrankHH / Shutterstock.com
Shipping

Nike Commits to Sustainable Biofuel for Portion of CMA CGM Cargo Volumes

Sports apparel leader Nike has teamed up with French shipping group CMA CGM to reduce the carbon emissions from its ocean shipping, part of a broader strategy

March 19, 2024
Total Views: 848

Stock photo of a tanker at sea
Shipping

Panama Has No knowledge of Iranian-Owned Ships on Registry

PANAMA CITY, March 18 (Reuters) – Panama’s maritime authority said on Monday it has no knowledge of ships owned by Iranians being in its

March 19, 2024
Total Views: 2207

oil tanker
Shipping

Shadow-Fleet Tanker Damaged in Collision Near Denmark

(Bloomberg) — A tanker from the shadow fleet of ships assembled to carry Russian oil was involved in a collision near Denmark, casting fresh light on the

March 19, 2024
Total Views: 6121
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gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.