Shipping

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


Monday, July 17, 2023
The bulk carrier Tq Samsun leaves the sea port of Odesa
Shipping

Insurers Reviewing Black Sea Ship Cover After Russia Quits Deal -Sources

By Jonathan Saul LONDON, July 17 (Reuters) – Insurers are reviewing whether to freeze cover for any ships willing to sail to Ukraine after Russia on

July 17, 2023
Total Views: 2070

Salvage Industry Saw Revenue Plummet in 2022 Amid COVID-19 Challenges
Shipping

Salvage Industry Saw Revenue Plummet in 2022 Amid COVID-19 Challenges

The International Salvage Union (ISU) has reported a sharp decline in revenue for international salvage companies in 2022, as the full impact of the COVID-19

July 17, 2023
Total Views: 879

Why the Expiration of the Black Sea Grain Deal Matters
Shipping

Why the Expiration of the Black Sea Grain Deal Matters

LONDON, July 17 (Reuters) – A deal allowing Ukraine to export grain via the Black Sea will expire at the end of Monday after Russia

July 17, 2023
Total Views: 4684

SMIT Team Set to Begin Oil Transfer from Decaying FSO Safer
Shipping

SMIT Team Set to Begin Oil Transfer from Decaying FSO Safer

The UN-led effort to prevent a potential environmental and humanitarian catastrophe from the decaying supertanker FSO Safer off Yemen’s coast has taken

July 17, 2023
Total Views: 2713

Port of Durban south africa.File photo: Shutterstock/michaeljung
Ports

Biggest African Port to Be Partially Privatized

By Antony Sguazzin (Bloomberg) — Africa’s biggest harbor will be partly owned and operated by the Philippines’ International Container Terminal

July 17, 2023
Total Views: 4020

Vessels are seen as they await inspection under the Black Sea Grain Initiative, brokered by the United Nations and Turkey, in the southern anchorage of the Bosphorus in Istanbul, Turkey December 11, 2022. REUTERS/Yoruk Isik/File Photo
Shipping

Russia Quits Black Sea Grain Deal

By Megan Durisin and Áine Quinn (Bloomberg) — Russia ended the Ukraine grain-export deal nearly a year into the agreement, heightening uncertainty over

July 17, 2023
Total Views: 818

Ukraine Grain Ship Guard
Shipping

Moscow Halts Grain Deal After Bridge to Crimea Struck

Russia halted participation on Monday in the year-old U.N.-brokered deal which lets Ukraine export grain through the Black Sea, just hours after a blast

July 17, 2023
Total Views: 1001

Sunday, July 16, 2023
Crew members check the deck of the Russian oil cargo Pure Point, carrying crude oil, anchored at a port in Karachi, Pakistan June 13, 2023. REUTERS/Akhtar Soomro/File Photo
Shipping

Oil Surge To $80 Shows Long-Awaited Market Tightening Is Here

By Grant Smith Jul 16, 2023 (Bloomberg) –Betting on a tighter oil market has been a bad trade for most of this year. But there are signs it’s

July 16, 2023
Total Views: 2487

Tanker Arrives in Yemen to Start Risky Oil Pumping Operation
Shipping

Tanker Arrives in Yemen to Start Risky Oil Pumping Operation

By Mohammed Hatem Jul 16, 2023 (Bloomberg) –A United Nations oil tanker arrived in Yemen on Sunday to begin the risky operation of pumping over a

July 16, 2023
Total Views: 14216

Turkey-flagged bulk carrier Tq Samsun leaves the sea port of Odesa, amid Russia's attack on Ukraine, in Ukraine
Shipping

Last Ship Leaves Ukraine Port Ahead Of Black Sea Grain Deal Deadline

KYIV, July 16 (Reuters) – The last ship to travel under a U.N.-brokered deal that allows the safe Black Sea export of Ukrainian grain left the port of

July 16, 2023
Total Views: 1304

Friday, July 14, 2023
Port of Richards Bay Partially Shut Over Environmental Concerns
Ports

Port of Richards Bay Partially Shut Over Environmental Concerns

The Port of Richards Bay, South Africa’s largest cargo port, is facing a partial shutdown due to environmental management issues. The Transnet National

July 14, 2023
Total Views: 4406

UN Awaits Russia’s Answer to as Black Sea Grain Deal Deadline Looms
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UN Awaits Russia’s Answer to as Black Sea Grain Deal Deadline Looms

By Michelle Nichols UNITED NATIONS, July 14 (Reuters) – United Nations Secretary-General Antonio Guterres is still waiting for a response from Russian

July 14, 2023
Total Views: 965

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

Mississippi, Ohio Rivers Drying Up for a Second Straight Year

By Brian K Sullivan (Bloomberg) — Water levels on the Mississippi and Ohio rivers are falling for a second straight year, raising the prospect of

July 14, 2023
Total Views: 4908

containership
Shipping

WISTA Achieves Observer Status with UN Trade Body UNCTAD

WISTA International, the international organization dedicated to promoting women and diversity in the maritime and logistics industries, has been approved as

July 14, 2023
Total Views: 505

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

Container Freight Rates Inch Upward, But Lingering Challenges Impede Full Recovery

By Charlie Bartlett (The Loadstar) – Global container freight rates are still – marginally – exceeding pre-pandemic levels, according to

July 14, 2023
Total Views: 1426

Tiangin,,China. Photo: ambient_pix / Shutterstock.com
Shipping

China’s Worse-Than-Expected Exports Deal New Blow to Economy

(Bloomberg) — China is facing pressure on trade as foreign shipments drop off and domestic demand remains weak, with a darkening global growth outlook

July 14, 2023
Total Views: 14941

MAN Reaches Milestone with Successful Test of Two-Stroke Ammonia Marine Engine
Shipping

MAN Reaches Milestone with Successful Test of Two-Stroke Ammonia Marine Engine

MAN Energy Solutions has announced the successful first test of a two-stroke marine engine on ammonia fuel, marking a major milestone in the development of a

July 14, 2023
Total Views: 7050

Thursday, July 13, 2023
Shipping containers are stacked at New Westminster Port in Surrey, British Columbia, Canada July 4, 2023. REUTERS/Chris Helgren/File Photo
Ports

Deal Reached to End British Columbia Port Strike

By Randy Thanthong-Knight (Bloomberg) — A 13-day strike that disrupted shipments at Canada’s western ports is set to end after the dockworkers’

July 13, 2023
Total Views: 2079

Philly Shipyard Wins Contract for Hospital Ship Design Study
Shipping

Philly Shipyard Wins Contract for Hospital Ship Design Study

Philly Shipyard, Inc. has announced the contract award to conduct a six-month feasibility study of the U.S. Navy’s new T-AH(X) hospital ship. The T-AH(X)

July 13, 2023
Total Views: 3841

Liquefaction Jul
Shipping

Gard Warns of Liquefaction Risks with Unlisted Cargoes

P&I club Gard is warning of the liquefaction risk of cargoes that are not listed as Group A cargoes in the IMSBC Code, citing recent incidents where ships

July 13, 2023
Total Views: 3263