Shipping

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


Monday, March 6, 2023
cma cgm containership
Shipping

Ocean Carriers Face Sharp Earnings Decline

By Mike Wackett (The Loadstar) – The outlook for ocean carriers is a sharp decline in earnings this year, as average freight rates fall and inflation

March 6, 2023
Total Views: 3888

tanker underway at sea from the bridge
Shipping

Russian Crude Heads to UAE as Sanctions Divert Flows

By Alex Lawler LONDON, March 6 (Reuters) – The United Arab Emirates has been taking more cargoes of Russian crude oil, according to ship tracking data

March 6, 2023
Total Views: 4632

Containers are seen stacked at the Yangshan Deep-Water Port
Shipping

Global Supply Chain Returns to Normal, NY Fed Gauge Shows

Conditions in the global supply chain have returned to normal after three-years of pandemic-induced disruptions, according to the Federal Reserve Bank of New

March 6, 2023
Total Views: 3083

Philippines Rushes to Locate Sunken Tanker Leaking Oil
Shipping

Philippines Rushes to Locate Sunken Tanker Leaking Oil

By Enrico Dela Cruz and Adrian Portugal MANILA/POLA, Oriental Mindoro, March 6 (Reuters) – Philippine authorities believe they have found the location

March 6, 2023
Total Views: 3474

tanker at sea
Shipping

Russia Oil Still Switching Hands Off Spain Coast

By Sherry Su (Bloomberg) — A large amount of Russian oil continues to be transfered between tankers just a few miles off the coast of Spain — just a

March 6, 2023
Total Views: 7252

bulk carrier at sea
Shipping

Baltic Dry Index Hits 10-Week High

March 6 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest

March 6, 2023
Total Views: 2573

Sunday, March 5, 2023
Ismailia,,Egypt,-,November,5,,2017:,Large,Container,Vessel,Ship
Shipping

Container Ship Refloated In Suez Canal After Breakdown

CAIRO, March 5 (Reuters) – A container ship that broke down in Egypt’s Suez Canal on Sunday causing some traffic to be diverted has

March 5, 2023
Total Views: 17074

International Drug Bust Nets $677 Mln Of Cocaine Off The Coast Of South America
Shipping

International Drug Bust Nets $677 Mln Of Cocaine Off The Coast Of South America

SYDNEY, March 4 (Reuters) – A joint U.S. and Australian law enforcement operation busted an international drug ring after intercepting 2.4

March 5, 2023
Total Views: 23004

Saturday, March 4, 2023
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 Wheat Exports Nearly Double What They Were Before War

By Áine Quinn and Megan Durisin (Bloomberg) –After a slow start to the season, Russia’s grain exports are booming as buyers load up on its

March 4, 2023
Total Views: 4617

Italy To Hold Cabinet Meeting In Migrant Shipwreck Area
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Italy To Hold Cabinet Meeting In Migrant Shipwreck Area

MILAN, March 4 (Reuters) – Italy’s government will hold a cabinet meeting near the southern seaside town where dozens of bodies washed ashore

March 4, 2023
Total Views: 1055

Friday, March 3, 2023
16 Crew Missing from Taiwanese Longliner Capsized During Cyclone Freddy   
Shipping

16 Crew Missing from Taiwanese Longliner Capsized During Cyclone Freddy  

By Vel Moonien in Mauritius, On Sunday, February 19th, a 98-ton Taiwanese-flagged longliner named Lien Sheng Fa lost radio contact with Taipei while cruising

March 3, 2023
Total Views: 5281

container ship underway at sea
Shipping

Platts Launches Carbon-Accounted Assessments for Container Shipping

Platts, part of S&P Global Commodity Insights, has announced the launch of daily carbon-accounted container freight assessments on 10 key routes from March

March 3, 2023
Total Views: 1319

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

CMA CGM Sees Container Shipping Slowdown Continuing in 2023

By Augustin Turpin and Dina Kartit March 3 (Reuters) – CMA CGM expects the marked slowdown seen in the fourth quarter of 2022 to continue in the

March 3, 2023
Total Views: 9349

LNG carrier
Shipping

Biden Admin Looks to Cleanup Natural Gas Supply Chain as U.S. Vies for Top LNG Spot

By Timothy Gardner and Jarrett Renshaw WASHINGTON, March 3 (Reuters) – The Biden administration is holding talks with global energy companies

March 3, 2023
Total Views: 1615

Höegh Autoliners Buys Back Fifth RoRo Under Bareboat Charter
Shipping

Höegh Autoliners Buys Back Fifth RoRo Under Bareboat Charter

Norwegian roll-on/roll-off (RoRo) provider Höegh Autoliners has exercised an option to purchase back another one of its bareboat chartered vessels—its fifth

March 3, 2023
Total Views: 2125

Thursday, March 2, 2023
Freeport LNG Ship Terminal Texas
Shipping

U.S. LNG Exports Flat Even After Freeport LNG Restart

By Marianna Parraga HOUSTON, March 2 (Reuters) – U.S. exports of liquefied natural gas (LNG) were flat last month at 6.84 million

March 2, 2023
Total Views: 2232

Historic Schooner Barge ‘Ironton’ Discovered Fully Intact in Lake Huron
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Historic Schooner Barge ‘Ironton’ Discovered Fully Intact in Lake Huron

Researchers have discovered the intact wreck of the sailing ship Ironton in Lake Huron, which has been remarkably well preserved by the lake’s cold

March 2, 2023
Total Views: 15295

Transpacific Ocean Carriers Hope to Regain Trust of Shippers Burned During Pandemic Supercycle
Shipping

Transpacific Ocean Carriers Hope to Regain Trust of Shippers Burned During Pandemic Supercycle

By Mike Wackett in Long Beach (The Loadstar) – Ocean carriers attending the S&P Global TPM conference in Long Beach this week are owning up to

March 2, 2023
Total Views: 1952

Photo of a hapag-lloyd containership in port with cranes overhead
Shipping

Hapag-Lloyd Marked 175th Year with Record Profit, But Significant Decline ‘Inevitable’ in 2023

Hapag-Lloyd posted a record $18 billion net profit in 2022 as the German shipping line celebrated its 175th year in business. Higher freight rates and

March 2, 2023
Total Views: 2069

ever given refloated
Shipping

SMIT Seeks Higher Salvage Award for Freeing Ever Given from Suez Canal

By Jonathan Browning (Bloomberg) — The Dutch salvage firm that helped prevent a global freight bottleneck when it dislodged a massive container

March 2, 2023
Total Views: 7413