Shipping

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


Tuesday, March 14, 2023
Aerial top view of a containership underway
Shipping

More Bad News for Ocean Carriers as Rate Erosion Continues

By Mike Wackett (The Loadstar) – Ocean carriers are writing-off the first six months of this year, banking on a restocking demand boost in H2 to

March 14, 2023
Total Views: 3443

smoke pollution coming from a container ship
Shipping

Why the Global Shipping Industry is Struggling to Clean Up its Act

By William Ralston (Bloomberg) — Singapore-based BW LPG goes about its business differently than many shipowners. If during a vessel’s passage it

March 14, 2023
Total Views: 7226

Monday, March 13, 2023
Australia’s Submarine Program with U.S. and Britain Could Could Run Up to $245 Billion
Shipping

Australia’s Submarine Program with U.S. and Britain Could Could Run Up to $245 Billion

By Lewis Jackson CANBERRA, March 14 (Reuters) – Australia’s nuclear-powered submarine program with the United States and Britain

March 13, 2023
Total Views: 3017

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

Venezuela to Ship Oil to Cuba on Blacklisted Supertanker

By Marianna Parraga March 13 (Reuters) – Venezuela’s state-run oil company PDVSA on Monday was loading a supertanker with crude and fuel for

March 13, 2023
Total Views: 8696

Starlink logo on a computer
Shipping

Anglo-Eastern Installs Starlink Internet Service on First of More Than 200 Managed Ships

Hong Kong-based ship manager Anglo-Eastern says it has rolled out SpaceX’s Starlink broadband internet service on an initial dozen vessels with more than 200

March 13, 2023
Total Views: 7107

Biden Backs $8 Billion Alaska Oil Project at Odds with Climate Agenda
Shipping

Biden Backs $8 Billion Alaska Oil Project at Odds with Climate Agenda

By Jennifer A. Dlouhy (Bloomberg) — President Joe Biden authorized a giant ConocoPhillips oil project in northwest Alaska that environmentalists argue

March 13, 2023
Total Views: 1753

Scorpio Tankers' handymax tanker STI Batterdea enters the port of Rotterdam
Shipping

Scorpio Tankers Exercises Purchase Options for Six Ships

Product tanker shipping company Scorpio Tankers (NYSE: STNG) announced Monday that it has exercised purchase options on six ships that will reduce its debt by

March 13, 2023
Total Views: 2192

Container ships wait off the coast of the congested Ports of Los Angeles and Long Beach in Long Beach, California
Shipping

Fewer Containerships in U.S. Waters Reveals Trade Slowdown

By Kevin Varley (Bloomberg) — The number of container ships in US coastal waters has fallen to less than half of the count a year earlier, in the latest

March 13, 2023
Total Views: 4884

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

Black Sea Grain Deal Extension Talks Kick Off in Geneva

GENEVA, March 13 (Reuters) – Negotiations began on Monday between U.N. officials and Russian Deputy Foreign Minister Sergei Vershinin on a

March 13, 2023
Total Views: 785

Sunday, March 12, 2023
A view shows a grain terminal in the sea port in Odesa after restarting grain exports, as Russia's attack on Ukraine continues, Ukraine August 19, 2022.
Shipping

Turkish Defence Minister Believes Black Sea Grain Initiative Will Be Extended

ANKARA, March 12 (Reuters) – Turkish Defence Minister Hulusi Akar said on Sunday that he believes that a deal allowing Ukrainian grain to be

March 12, 2023
Total Views: 701

Friday, March 10, 2023
UN Re-Launches Crowdfunding Campaign for FSO Safer Oil Removal Operation
Accidents

UN Re-Launches Crowdfunding Campaign for FSO Safer Oil Removal Operation

With yesterday’s news that the United Nations has secured the purchase of an oil tanker to receive oil from the decaying FSO Safer in the Red Sea, the UN

March 10, 2023
Total Views: 3507

Close Call in Panama Canal Locks Raises Safety Concerns
Shipping

Close Call in Panama Canal Locks Raises Safety Concerns

By Charlie Bartlett (The Loadstar) – OOCL Utah‘s near-collision on Sunday with a Panama Canal lock gate suggests a tragic and costly accident

March 10, 2023
Total Views: 28962

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

Turkey Blocks Sanctioned Goods to Russia

By Bloomberg News (Bloomberg) — Turkey abruptly stopped the transit of sanctioned goods to Russia this month as the European Union and the US pressure

March 10, 2023
Total Views: 18088

A stock photo of a vessel servicing an offshore wind farm at sunset
Shipping

Offshore Wind Farms Fall Victim to Global Inflation Fight

By Josh Saul, Will Mathis and Rachel Morison (Bloomberg) — Off the coast of New England, winds whip over the frigid Atlantic Ocean creating perfect

March 10, 2023
Total Views: 3741

The Virginia-class USS North Dakota submarine is seen during bravo sea trials in this U.S. Navy handout picture
Shipping

Biden to Reveal Submarine Pact with Australia and Britain to Counter China

By David Brunnstrom WASHINGTON, March 10 (Reuters) – U.S. President Joe Biden will meet leaders of Australia and Britain in San Diego on Monday

March 10, 2023
Total Views: 2082

Dry bulk coal shipping. ImagineStock/Shutterstock
Shipping

Baltic Dry Index Gains for Third Straight Week

March 10 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, gained for the

March 10, 2023
Total Views: 1357

Thursday, March 9, 2023
MSC Takes Delivery of MSC Tessa, One of the World’s Largest Containerships
Shipbuilding

MSC Takes Delivery of MSC Tessa, One of the World’s Largest Containerships

Hudong-Zhonghua Shipbuilding Group has delivered one of the world’s largest containerships to MSC Mediterranean Shipping Company. The MSC Tessa is one of

March 9, 2023
Total Views: 12737

Ukraine, Romania Agree to Check Depths of Danube Canals to Boost Grain Exports
Shipping

Ukraine, Romania Agree to Check Depths of Danube Canals to Boost Grain Exports

By Pavel Polityuk KYIV, March 9 (Reuters) – Ukraine and Romania have agreed to check the depth of canals off the Danube river which Kyiv uses

March 9, 2023
Total Views: 2789

Report Finds Vessels Speeding in Virginia Beach Slow Zones Before Right Whale Death
Shipping

Report Finds Vessels Speeding in Virginia Beach Slow Zones Before Right Whale Death

Ocean conservation organization Oceana has released a report showing that a majority of vessels sped through mandatory and voluntary slow zones off Virginia

March 9, 2023
Total Views: 8326

An empty ZIM containership
Shipping

ZIM’s First LNG-Powered Containership Sets Sail on Maiden Voyage

Israeli shipping company ZIM Integrated Shipping Services (NYSE: ZIM) has announced that its first LNG-powered newbuild has set sail on its maiden voyage. The

March 9, 2023
Total Views: 7621