Shipping

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


Sunday, March 5, 2023
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
Shipping

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: 1320

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: 2233

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

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: 1954

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: 7414

Wednesday, March 1, 2023
Aerial photo of an oil tanker at anchor. Stock Photo: Nickeo23/Shutterstock
Shipping

Earnings Season: Big Tankers Rake In Big Bucks

By Barry Parker (gCaptain) – The listed companies running the big fleet of tankers have now reported earnings for 2022’s Q4. As last year ended, the

March 1, 2023
Total Views: 2829

smoke pollution coming from a container ship
Shipping

New Report Reveals Ocean Shipping Emissions of Top U.S. Importers

The top U.S. importers emitted 3.5 million metric tons of greenhouse gases from shipping during the height of the pandemic-driven imports surge in 2021,

March 1, 2023
Total Views: 2412

Falling Bunker Fuel Premiums in Singapore Reflect Slow Shipping Market
Shipping

Falling Bunker Fuel Premiums in Singapore Reflect Slow Shipping Market

By Jeslyn Lerh SINGAPORE, March 1 (Reuters) – Premiums of marine fuel, also known as bunkers, are set for a bumpy recovery in March in

March 1, 2023
Total Views: 1803

MARAD Announces More Than $12 Million in Funding for the Renamed U.S. Marine Highway Program
Shipping

MARAD Announces More Than $12 Million in Funding for the Renamed U.S. Marine Highway Program

The U.S. Department of Transportation’s Maritime Administration (MARAD) has announced the availability of more than $12 million for the newly-renamed United

March 1, 2023
Total Views: 3465

Aerial view of a container ship
Shipping

WTO Sees Slowdown of Global Goods Trade Growth Being Short-Lived

GENEVA, March 1 (Reuters) – Global merchandise trade growth slowed at the end of 2022 and was likely to remain weak in the first quarter of

March 1, 2023
Total Views: 1029

Methanex Claims World’s First Net Zero Voyage Fueled by Bio-Methanol
Environment

Methanex Claims World’s First Net Zero Voyage Fueled by Bio-Methanol

Methanex Corporation and Mitsui O.S.K. Lines this week announced that the dual-fuel vessel Cajun Sun successfully completed the first-ever net-zero voyage

March 1, 2023
Total Views: 1417

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
Shipping

Biden’s Supply Chain Envoy Says Automating Ports Doesn’t Have to Cost Jobs

By Laura Curtis (Bloomberg) — The White House’s supply-chain envoy said the ports and logistics industry must move toward automation, a sticking point

March 1, 2023
Total Views: 1424