Shipping

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


Thursday, August 3, 2023
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Shipping

Container Lessors Benefit from Rising Demand and Slow Steaming

By Mike Wackett (The Loadstar) – Container leasing companies reported a slowdown in the return of boxes by ocean carrier customers in the second

August 3, 2023
Total Views: 1454

Boskalis CEO Says Fremantle Highway Fire Started in Upper Vehicle Decks
Shipping

Boskalis CEO Says Fremantle Highway Fire Started in Upper Vehicle Decks

By Sarah Jacob and Cagan Koc (Bloomberg) — The nearly week-long fire that ravaged a ship off the Dutch coast started in the upper decks where some cars

August 3, 2023
Total Views: 10737

Aerial shot of big Jebel Ali container port
Shipping

Global Shipping Costs Creep Higher After 16-Month Freefall

(Bloomberg) — Spot rates for shipping containers jumped by the most in more than two years, a sign that a 16-month slump in ocean-freight costs that

August 3, 2023
Total Views: 864

Romania Bids to Clear Danube Logjam After Ukraine Attack
Shipping

Romania Bids to Clear Danube Logjam After Ukraine Attack

BUCHAREST/KYIV, Aug 3 (Reuters) – Romania expects around 30 ships from Ukraine to clear customs on the Danube River over the next two days as

August 3, 2023
Total Views: 1295

lng carrier
Shipping

ConocoPhillips Signs LNG Sales and Purchase Agreements with Mexico Pacific, Boosting Asian Market Access

ConocoPhillips has signed sales and purchase agreements with Mexico Pacific for the offtake approximately 2.2 million tonnes per year of liquefied natural gas

August 3, 2023
Total Views: 663

Wednesday, August 2, 2023
The Ever Max ready to transit the Panama Canal. Photo courtesy Panama Canal Authority
Shipping

Panama Canal Authority Defies Drought Challenges with Transit of Biggest Containership

In the face of severe drought conditions that have impacted Panama Canal operations, the Panama Canal Authority (ACP) has celebrated the northbound transit of

August 2, 2023
Total Views: 8031

Fire damaged Fremantle Highway at sea with response vessels nearby
Accidents

Rolls-Royce Confirms a ‘Small Number’ of Vehicles on Burned Out Fremantle Highway

By Wilfried Eckl-Dorna (Bloomberg) — BMW AG’s Rolls-Royce has a small number of its exclusive cars aboard the ship that went up in flames off the

August 2, 2023
Total Views: 30261

Bunker Fuel Spill Closes Port of Gibraltar
Shipping

Bunker Fuel Spill Closes Port of Gibraltar

Operations at the Port of Gibraltar are on hold after a bunker fuel spill from a ship anchored in the Bay of Gibraltar. The spill occurred at approximately

August 2, 2023
Total Views: 2719

cargo ships underway
Shipping

Leading Port State Control Regimes Launch Fire Safety Campaign

Two of the world’s largest port state control regimes are launching a joint inspection campaign related to fire safety on board vessels. The Tokyo MOU

August 2, 2023
Total Views: 1422

The CMA CGM Marco Polo container ship passes under the Verrazzano-Narrows Bridge, to enter New York Harbor. Photo: REUTERS/Brendan McDermid
Shipping

Transatlantic Carriers Change Course

By Mike Wackett (The Loadstar) – Transatlantic container rates from North Europe to the US east coast have fallen below pre-pandemic levels after ocean

August 2, 2023
Total Views: 3235

Russia Strikes Ukraine’s Danube Port, Sending Global Grain Prices Higher
Shipping

Russia Strikes Ukraine’s Danube Port, Sending Global Grain Prices Higher

KYIV, Aug 2 (Reuters) – Russia attacked Ukraine’s main inland port across the Danube River from Romania on Wednesday, sending global food

August 2, 2023
Total Views: 1364

Tuesday, August 1, 2023
Offshore platform
Shipping

Mexico’s Top Oil-Export Terminal Shut as Summer Demand Jumps

By Lucia Kassai (Bloomberg) — Petroleos Mexicanos shut down the country’s largest oil-exporting terminal because of a leak, adding to a string of

August 1, 2023
Total Views: 2248

Transocean_enabler. Photo: Jan Arne Wold / Equinor
Shipping

Transocean Sees Increased Demand for High-Specification Floaters Amid Offshore Market Rebound

Offshore drilling contractor Transocean (NYSE: RIG) says it is seeing increased demand for its fleet of high-specification semi-submersible rigs and

August 1, 2023
Total Views: 1121

containership
Shipping

No Respite for Ocean Carriers as Long-Term Freight Rates Fall to Two-Year Low, Xeneta Says

Global long-term freight rates have fallen to a two-year low, with little respite on the horizon for carriers as new capacity hits the water, according to

August 1, 2023
Total Views: 1512

Canada Dock Workers’ Union, Employers Reach Tentative Deal to Avert Strike
Ports

Canada Dock Workers’ Union, Employers Reach Tentative Deal to Avert Strike

By David Ljunggren and Ismail Shakil OTTAWA (Reuters) – A dock workers’ union on Canada’s West Coast and port employers have

August 1, 2023
Total Views: 827

Monday, July 31, 2023
LNG Shipping Rates Poised to Sail Past $200,000 Per Day
Shipping

LNG Shipping Rates Poised to Sail Past $200,000 Per Day

By Ruth Liao (Bloomberg) — Traders are poised to shell out more than $200,000 a day to ship liquefied natural gas in the coming months as tankers grow

July 31, 2023
Total Views: 3661

OCI Reaches Milestone Green Methanol Supply Deal with X-Press Feeders
Shipping

OCI Reaches Milestone Green Methanol Supply Deal with X-Press Feeders

OCI Global, a global producer of nitrogen, methanol and hydrogen, has announced an agreement with X-Press Feeders to supply the common feeder carrier with

July 31, 2023
Total Views: 988

leyal ship recycling
Shipbuilding

More Turkish Shipbreakers Added to European List of Approved Ship Recycling Facilities

The European Commission has updated its list of approved ship recycling facilities, which now contains 48 yards located primarily in Europe and Turkey. The

July 31, 2023
Total Views: 1893

A view of the half-sunk cargo ship OS 35 in Catalan Bay after its collision with an LNG tanker near Gibraltar
Accidents

INTERCARGO Warns Against Complacency as Liquefaction Risk Looms Over Dry Bulk Shipping

Cargo liquefaction continues to be the number one cause of deadly accidents in the dry bulk shipping sector, according to industry association INTERCARGO.

July 31, 2023
Total Views: 3747

hyundai heavy industries shipbuilding
Shipbuilding

A Record $90 Billion in Ship Orders Loom Over the Shipping Industry

(Bloomberg) — The world’s biggest shipping companies are plowing their pandemic windfalls into orders for new vessels on an unprecedented scale, making

July 31, 2023
Total Views: 7906