Shipping

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


Friday, April 7, 2023
The shipping ports of Los Angeles (top left) and Long Beach are seen from the window of a commercial aircraft over Long Beach, California, U.S. March 13, 2023. REUTERS/Chris Helgren
Shipping

PMA Says ‘Coordinated Action’ By ILWU Shut Los Angeles, Long Beach Ports

By Laila Kearney April 7 (Reuters) – A shortage of West Coast port workers has forced the busiest U.S. ocean trade gateway to largely shut on Friday,

April 7, 2023
Total Views: 5711

containership underway
Shipping

Positive Sentiment Keeps Container Shipping’s Charter Market Afloat

By Mike Wackett (The Loadstar) – More optimistic demand forecasts and the prospect of a better peak season this year are driving a containership charter

April 7, 2023
Total Views: 1450

CMA CGM Orders 16 Large Containerships at  China State Shipbuilding -Reports
Shipbuilding

CMA CGM Orders 16 Large Containerships at China State Shipbuilding -Reports

French shipping giant CMA CGM has reportedly signed a shipbuilding order with China State Shipbuilding Corporation for 16 large containerships valued at over

April 7, 2023
Total Views: 5323

Cargo containers pile up at a marine terminal at the Port of Los Angeles.
Ports

US Container Imports Climbing But Will Stay Well-Below Pandemic Peaks

Import cargo volume at the nation’s busiest container ports should climb steadily through this summer, but will remain well-below the record-setting levels

April 7, 2023
Total Views: 2323

Commercial vessels including vessels which are part of Black Sea grain deal wait to pass the Bosphorus strait off the shores of Yenikapi in Istanbul. REUTERS/Umit Bektas
Shipping

Russia Warns West: We May Work Around Black Sea Grain Deal

By Guy Faulconbridge MOSCOW, April 7 (Reuters) – Russia warned the West on Friday that unless obstacles to its exports of grain and fertilizers

April 7, 2023
Total Views: 3821

Thursday, April 6, 2023
South Africa Says Contentious Chinese Ship is for Research, Not Surveillance
Shipping

South Africa Says Contentious Chinese Ship is for Research, Not Surveillance

By Prinesha Naidoo (Bloomberg) — A Chinese ship — capable of tracking rocket and spacecraft launches — that docked at a South African port is a

April 6, 2023
Total Views: 6036

Former Euronav VLCC Departs China on FSO Safer Oil Removal Mission
Shipping

Former Euronav VLCC Departs China on FSO Safer Oil Removal Mission

The former Euronav Very Large Crude Carrier (VLCC) that the UN purchased as part of a mission to prevent a catastrophic oil spill in Yemen’s Red Sea has

April 6, 2023
Total Views: 5769

cma cgm headquaters and logo with French flag
Shipping

CMA CGM’s Saade Forges Ahead With China, Media Deals

By Samy Adghirni and Tara Patel (Bloomberg) –CMA CGM SA Chief Executive Officer Rodolphe Saade said the world’s third-largest container line has

April 6, 2023
Total Views: 2059

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

Western Curbs on Russian Oil Products Redraw Global Shipping Map

By Mohi Narayan and Jonathan Saul NEW DELHI/LONDON, April 6 (Reuters) – Global fuel suppliers are turning to longer and costlier routes that

April 6, 2023
Total Views: 1925

Wednesday, April 5, 2023
an overhead view of port of los angeles docks
Shipping

Ocean Carriers Backpedal on D&D Charges as New Rules Loom

By Ian Putzger, Americas Correspondent (The Loadstar) – While US ports and container terminals still resist a regulatory drive to curtail detention and

April 5, 2023
Total Views: 2681

tanker at sea
Shipping

Russia Using Ship-to-Ship Diesel Transfers for Transatlantic Exports

MOSCOW, April 5 (Reuters) – Russia has started to make ship-to-ship (STS) transfers of diesel near African ports as it seeks transatlantic

April 5, 2023
Total Views: 3195

Tuesday, April 4, 2023
Statue of Liberty overlooking Port of New York and New Jersey
Ports

Port of New York and New Jersey Regains Status as Busiest Container Port in US

The Port of New York and New Jersey has officially regained its status as the busiest container port in the United States. Despite a traditionally slow period

April 4, 2023
Total Views: 4661

capesize bulk carrier
Shipping

Capesize Second-Hand Ship Prices Surge Amid Chinese Economic Recovery

Capesize second-hand ship prices experienced a significant surge in March due to China’s economic recovery, according to a new report from the Baltic and

April 4, 2023
Total Views: 2102

Product Tanker Loading Gasoline In Venezuela Port
Shipping

Supertankers, Chevron Cargoes Fuel Rise in Venezuela’s Oil Exports

By Marianna Parraga and Mircely Guanipa HOUSTON/PUNTO FIJO, Venezuela, April 4 (Reuters) – Venezuela’s oil exports rose in March to the highest

April 4, 2023
Total Views: 2081

Port Houston Sees Solid Volumes Despite Softening Demand
Ports

Port Houston Sees Solid Volumes Despite Softening Demand

Port Houston experienced solid February volumes compared to the same month last year, with a total of 313,452 TEUs handled during the month, marking a 15%

April 4, 2023
Total Views: 878

FILE PHOTO: Norwegian-born shipping tycoon John Fredriksen speaks in Oslo, Norway, June 1, 2017. REUTERS/Ints Kalnins/File Photo
Shipping

Fredriksen Becomes Euronav’s Largest Shareholder

Shipping magnate John Fredriksen has increased his stake in Belgian tanker company Euronav, making him the largest shareholder. According to a filing with the

April 4, 2023
Total Views: 1245

Australia Port State Control Campaign Targets Ships’ Watertight and Weathertight Integrity
Shipping

Australia Port State Control Campaign Targets Ships’ Watertight and Weathertight Integrity

Persistent and concerning issues with the watertight and weathertight integrity of ships in Australian ports have been revealed in recently released ship

April 4, 2023
Total Views: 2066

Monday, April 3, 2023
Scorpio Tankers' handymax tanker STI Batterdea enters the port of Rotterdam
Shipping

Scorpio Tankers Repurchases 1.27 Million Shares for $164 Million

Scorpio Tankers Inc. (NYSE: STNG) has announced the repurchased of its common shares in as part of its $250 million securities repurchase program announced in

April 3, 2023
Total Views: 1777

Aerial top view of a containership underway
Shipping

Container Shipping Industry Expected to Remain Profitable Despite Downturn

The container shipping industry experienced a second straight earnings downturn in the fourth quarter of 2022, with net income reaching $34.7 billion,

April 3, 2023
Total Views: 2861

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

Surprise OPEC+ Output Cuts Pummel Tanker Stocks

By Sharon Cho (Bloomberg) — OPEC+’s shock decision to cut oil production isn’t just redrawing the outlook for crude prices, it’s also hit the

April 3, 2023
Total Views: 2066