Shipping

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


Monday, October 25, 2021
bulk carrier at sea
Shipping

Baltic Dry Index Slides Further On Weak Capesize Demand

The Baltic Dry Index, at 4,257 points, has now fallen over 24% from its 13-year peak earlier this month. Oct 25 (Reuters) – The Baltic Exchange’s

October 25, 2021
Total Views: 1084

Sunday, October 24, 2021
Containers and ships sit idle at the Port of Long Beach in this file photo
Shipping

Effective Immediately And Set To Last For 90 days, Long Beach Eases Container Rules

By Brendan Murray (Bloomberg) –Officials in Long Beach, California, relaxed restrictions on storing shipping containers in a bid to ease a

October 24, 2021
Total Views: 20677

Friday, October 22, 2021
general cargo bulk ship
Shipping

‘Containergeddon’ Drives Sugar, Rice Shippers Back to Bulkers

By Marcelo Teixeira NEW YORK, Oct 22 (Reuters) – Food traders are switching from containers back to dry bulk vessels to transport refined sugar and rice,

October 22, 2021
Total Views: 2497

US LNG Exports Are Falling At Just the Wrong Time
Shipping

US LNG Exports Are Falling At Just the Wrong Time

By Sergio Chapa, Anna Shiryaevskaya and Ann Koh (Bloomberg) — Production issues at two of the largest U.S. liquefied natural gas export terminals

October 22, 2021
Total Views: 1996

Tug Completes 1,000 Nautical Mile Autonomous Voyage Around Denmark
Shipping

Tug Completes 1,000 Nautical Mile Autonomous Voyage Around Denmark

Boston-based Sea Machines Robotics announced today that it has completed the world’s first 1,000+ nautical miles autonomous and remotely commanded journey of

October 22, 2021
Total Views: 2235

containerships anchored off port of los angeles
Ports

Containerships Headed for West Coast Poised to Worsen Port Bottleneck

By Kevin Varley (Bloomberg) — The backlog of ships outside the twin ports of Los Angeles and Long Beach — America’s largest gateway for ocean

October 22, 2021
Total Views: 1792

Thursday, October 21, 2021
zim containership
Shipping

Asset Light ZIM Acquires Seven Secondhand Containerships

Israeli shipping line ZIM Integrated Shipping Services (NYSE: ZIM) confirmed today the purchase of seven secondhand containerships this month for a total price

October 21, 2021
Total Views: 2672

Leading Toymaker (Not Santa) Says Supply Snags Will Not Ruin Christmas This Year
Ports

Leading Toymaker (Not Santa) Says Supply Snags Will Not Ruin Christmas This Year

By Uday Sampath Kumar Oct 21 (Reuters) – Mattel Inc on Thursday raised its 2021 sales forecast, saying it would overcome

October 21, 2021
Total Views: 723

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

Few Options for G7 Trade Chiefs to Alleviate Supply Chain Problems

By David Lawder WASHINGTON, Oct 21 (Reuters) – Trade chiefs from the developed world’s economic powerhouses gathering on Friday have few options at

October 21, 2021
Total Views: 562

Congested Port of Savannah Just Had Its Busiest September On Record
Shipping

Congested Port of Savannah Just Had Its Busiest September On Record

Georgia’s Port of Savannah just had its busiest September on record as it works to alleviate congestion that has led to the largest backlog of ships on

October 21, 2021
Total Views: 3308

Viking Presence in North America Dated to AD 1021, Centuries Before Columbus
Shipping

Viking Presence in North America Dated to AD 1021, Centuries Before Columbus

In 1492, Columbus sailed the ocean blue – more than 470 years after the Vikings, according to new science. Research published this week in the scientific

October 21, 2021
Total Views: 3785

Clock Ticking as Biden Tackles Supply Chain Crisis With Few Tools
Ports

Clock Ticking as Biden Tackles Supply Chain Crisis With Few Tools

By Josh Wingrove, Jill R. Shah and Brendan Case (Bloomberg) — U.S. ports are full of goods, U.S. yards and warehouses are full of goods, hardly

October 21, 2021
Total Views: 1441

Wednesday, October 20, 2021
qatar lng ship
Shipping

Gas Squeeze Has India Requesting Cargoes Not Wanted in 2015

By Debjit Chakraborty and Ann Koh (Bloomberg) — The global energy shortage has prompted India to ask Qatar, the world’s biggest supplier of liquefied

October 20, 2021
Total Views: 2889

Wärtsilä to Retrofit Ethylene Tanker with Pilot Carbon Capture and Storage System
Shipping

Wärtsilä to Retrofit Ethylene Tanker with Pilot Carbon Capture and Storage System

Finnish technology group Wärtsilä will be working with a Norwegian shipping company to install a full-scale carbon capture and storage system on board one of

October 20, 2021
Total Views: 1605

Containership docking Port of Long Beach
Shipping

California Ports Key to US Supply Chain Rank Among World’s Least Efficient

By Lisa Baertlein LOS ANGELES, Oct 19 (Reuters) – Southern California’s Los Angeles and Long Beach ports handle the most ocean cargo of any ports

October 20, 2021
Total Views: 2875

ship anchorage
Shipping

Singapore Charges Two Bunker Execs with Taking Bribes

Singapore has charged two individuals with corruption for allegedly taking bribes in relation to the trading and supplying of bunker fuel. The individuals

October 20, 2021
Total Views: 1227

Global Supply Chain Faces ‘Very Prolonged’ Crisis, Port Operator ICTSI Says
Shipping

Global Supply Chain Faces ‘Very Prolonged’ Crisis, Port Operator ICTSI Says

By Jonathan Saul LONDON, Oct 20 (Reuters) – The world faces “very prolonged” disruptions to shipping cargo flows, an executive at

October 20, 2021
Total Views: 1462

LNG carrier
Shipping

LNG Shipping Rates More Than Double in Two Weeks as Power Crisis Drives Demand

By Jessica Jaganathan SINGAPORE, Oct 20 (Reuters) – Tanker rates to ship liquefied natural gas (LNG) have more than doubled since the start of the month

October 20, 2021
Total Views: 1133

Tuesday, October 19, 2021
a washington state ferry underway
Shipping

Washington States Ferries Faces Mariner Shortage as State’s Vaccine Mandate Takes Effect

Washington States Ferries is continuing with temporary service schedule changes amid a mariner shortage now made worse by the state’s vaccine mandate.

October 19, 2021
Total Views: 2070

nyc-tanker-ship-konrad
Shipping

Shipping Industry Faces ESG Heat from Lenders

By Jonathan Saul LONDON, Oct 19 (Reuters) – Banks are demanding much stricter environmental criteria when financing shipping companies as

October 19, 2021
Total Views: 1088