Shipping

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


Wednesday, June 7, 2023
Tiangin,,China. Photo: ambient_pix / Shutterstock.com
Shipping

China Exports Drop More Than Expected, Fueling Growth Risks

(Bloomberg) — Chinese exports fell for the first time in three months in May, adding to risks in the world’s second-largest economy as global demand

June 7, 2023
Total Views: 1155

Tuesday, June 6, 2023
The Kozmino oil port in eastern Russia
Shipping

Russian Crude Exports Stay High as OPEC+ Partners Call for Clarity

By Julian Lee (Bloomberg) — Russian crude oil flows to international markets continue unabated, with no substantive sign of the output cuts that

June 6, 2023
Total Views: 1946

Aircraft Carrier Underway Replenishment with oiler
Shipping

USTRANSCOM Takes on New Role as DOD’s Sole Fuel Supply Manager

The U.S. Transportation Command (USTRANSCOM) has officially taken on a new role as the sole manager for the management and delivery of all bulk fuel supplies

June 6, 2023
Total Views: 3262

FILE PHOTO: Shipping containers are stacked at Gwangyang port in Gwangyang, South Korea, June 14, 2022. Yonhap via REUTERS
Shipping

Low Container Shipping Freight Rates Unsustainable, Says Hapag Lloyd CEO

FRANKFURT, June 6 (Reuters) – Global container shipping freight rates have reached unsustainable levels and must rebound, the chief executive of

June 6, 2023
Total Views: 2687

File photo of an oil tanker at sea
Shipping

UAE to Tighten Insurance Cover for Ships Flying Its Flag

LONDON, June 6 (Reuters) – The United Arab Emirates is tightening insurance requirements for vessels registered under its flag, according to a

June 6, 2023
Total Views: 869

panama canal tonnage record
Shipping

Drought-Stricken Panama Canal Prepares for El Niño Impacts

The Panama Canal Authority (ACP) is closely monitoring the development of climatic events that could impact water availability in the region and shipping

June 6, 2023
Total Views: 5156

an overhead view of port of los angeles docks
Ports

West Coast Port Disruptions to Extend to Tuesday

By Laura Curtis and Jordan Fabian (Bloomberg) — Intermittent disruptions at several key US West Coast ports are set to stretch into their fifth day

June 6, 2023
Total Views: 3631

Monday, June 5, 2023
Nor-Shipping 2023 Kicks Off in Norway
Shipping

Nor-Shipping 2023 Kicks Off in Norway

One of the maritime industry’s most highly-anticipated trade shows, Nor-Shipping 2023, officially kicked off Monday with a series of high-profile events

June 5, 2023
Total Views: 1887

Containership berthed at the Port of Los Angeles.Photo courtesy Port of Los Angeles.
Ports

Pressure Builds for White House to Mediate West Coast Port Labor Dispute

By David Shepardson and Lisa Baertlein WASHINGTON/LOS ANGELES, June 5 (Reuters) – Groups representing major retailers and manufacturers urged the White

June 5, 2023
Total Views: 2699

ONE Takes Delivery of First 24,000 TEU Containership
Shipbuilding

ONE Takes Delivery of First 24,000 TEU Containership

Ocean Network Express (ONE) has announced the successful delivery of their first-ever 24,000-TEU class “Megamax” vessel. The vessel, named ONE

June 5, 2023
Total Views: 10687

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

Saudi Pledges Big Oil Cuts in July as OPEC+ Extends Deal into 2024

By Maha El Dahan, Alex Lawler and Ahmad Ghaddar VIENNA, June 4 (Reuters) – Saudi Arabia will make a deep cut to its output in July on top of a

June 5, 2023
Total Views: 1057

WinGD and Mitsubishi Shipbuilding Team Up on Ammonia-Fueled Vessels
Shipbuilding

WinGD and Mitsubishi Shipbuilding Team Up on Ammonia-Fueled Vessels

Swiss marine power company WinGD and Japanese shipbuilder Mitsubishi Shipbuilding have signed a memorandum of understanding for a partnership on ammonia-fueled

June 5, 2023
Total Views: 929

Stock photo of an oil tanker moored at sea
Shipping

Ports in China’s Oil Hub Shandong Scrutinizing Old Tankers -Sources

SINGAPORE, June 5 (Reuters) – Ports in China’s Shandong province are demanding more detailed information about oil tankers that are more

June 5, 2023
Total Views: 1496

Iran Harasses Merchant Ship in Strait of Hormuz – US Navy
Shipping

Iran Harasses Merchant Ship in Strait of Hormuz – US Navy

U.S. and UK forces came to the aid of a merchant ship being harassed by Iranian fast-attack boats in Strait of Hormuz on Sunday. The incident highlights the

June 5, 2023
Total Views: 2496

Sunday, June 4, 2023
Egypt Tows Away Stranded Tanker In Suez Canal
Shipping

Egypt Tows Away Stranded Tanker In Suez Canal

CAIRO, June 4 (Reuters) – An oil tanker that suffered engine failure in Egypt’s Suez Canal, briefly disrupting traffic in the vital waterway,

June 4, 2023
Total Views: 5839

Saturday, June 3, 2023
Shipping

Greek Police Find 3.2 Mln Euros Of Cocaine In Banana Containers

ATHENS, June 3 (Reuters) – Police in northern Greece have seized dozens of packages of cocaine stashed in containers laden with bananas that

June 3, 2023
Total Views: 3209

Superyacht Alfa Nero docked in Falmouth Harbour in Antigua. Photo Credit:Bloomberg
Shipping

Abandoned Russian Superyacht To Be Auctioned After Sanctions Lifted

By Stephanie Baker (Bloomberg) –The US Treasury removed an abandoned $120 million Russian superyacht from its sanctions list, clearing the way for

June 3, 2023
Total Views: 18992

panama canal tonnage record
Shipping

The Fed’s Inflation Fight Faces A New Challenge: A Dry Panama Canal

By Laura Curtis, Ruth Liao and Michael D McDonald (Bloomberg) –Federal Reserve Chair Jerome Powell keeps careful track of employment levels,

June 3, 2023
Total Views: 86702

Friday, June 2, 2023
Commercial vessels, including oil tankers, wait at an anchorage in the Black Sea off Kilyos near Istanbul, Turkey, December 9, 2022. REUTERS/Umit Bektas
Shipping

Russian Port Set to Suspend LPG Exports Over Drone Danger

MOSCOW, June 2 (Reuters) – Russia’s Black Sea port of Taman is poised to suspend exports of highly-explosive liquefied petroleum gas

June 2, 2023
Total Views: 1946

FILE PHOTO: The sun sets behind container cranes at the Port of Los Angeles in Los Angeles, California, U.S. October 14, 2021. REUTERS/David Swanson/File Photo
Ports

Tensions Boil Over In West Coast Labor Talks

The International Longshore Workers’ Union’s local union in Southern California has issued a statement today slamming the actions of foreign ocean

June 2, 2023
Total Views: 9211