Shipping

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


Friday, December 1, 2023
lng carrier
Shipping

US LNG Exports Approach Record Levels

HOUSTON, Dec 1 (Reuters) – U.S. liquefied natural gas (LNG) exports in November rose to the second highest monthly production level on record,

December 1, 2023
Total Views: 2089

Iranian-flagged fishing boat AL-MERAJ 1 off the coast of Somalia. Photo courtesy EUNAVFOR
Piracy

EUNAVFOR Reveals Details of Alleged Piracy Incident Off Somalia

EU Naval Force Operation (EUNAVFOR) ATALANTA intervened in an alleged piracy-related incident involving the Iranian-flagged fishing boat AL-MERAJ 1 off the

December 1, 2023
Total Views: 2942

smoke pollution coming from a container ship
Shipping

Shipping Giants Want an End Date for Fossil Fuel-Only Vessels

By Jack Wittels and Tara Patel (Bloomberg) — Europe’s biggest container lines want to phase out ships powered only by fossil fuels. The proposal was

December 1, 2023
Total Views: 1672

imo headquarters
Shipping

Russia Fails to Get Re-Elected to IMO Council

By Jonathan Saul LONDON, Dec 1 (Reuters) – Russia on Friday failed to win enough votes for re-election to the United Nation’s shipping

December 1, 2023
Total Views: 1905

Hahn & Co. Weighs Sale of South Korea’s SK Shipping, Sources Say
Shipping

Hahn & Co. Weighs Sale of South Korea’s SK Shipping, Sources Say

By Manuel Baigorri, Cathy Chan and Vinicy Chan (Bloomberg) — South Korean buyout firm Hahn & Co. is reviewing strategic options for its majority

December 1, 2023
Total Views: 508

Aerial view of a container ship
Shipping

Failure of Rate Increases Points to Tough Times Ahead for Ocean Carriers

By Mike Wackett (The Loadstar) – Notwithstanding three attempts at GRIs (general rate increases) in 45 days, Asia-North Europe container spot rates have

December 1, 2023
Total Views: 969

Russian Oil Tankers. REUTERS/Tatiana Meel/File Photo
Shipping

US Issues Fresh Sanctions Over Russian Oil Price Cap Violations

By Daphne Psaledakis and Timothy Gardner WASHINGTON, Dec 1 (Reuters) – The United States on Friday imposed additional sanctions related to the price

December 1, 2023
Total Views: 625

Inauguration of Maersk's first container ship Laura Maersk that sails on green methanol in Copenhagen, Denmark September 14, 2023. Ritzau Scanpix/ Mads Claus Rasmussen via REUTERS
Shipping

CEOs of Leading Global Shipping Lines Call for Action to Accelerate Transition to Green Fuels

The Chief Executive Officers (CEOs) of major global shipping lines have issued a joint declaration at COP 28, urging the International Maritime Organization

December 1, 2023
Total Views: 823

FILE PHOTO: Drought hit Panama Canal further restricts maximum ship depth
Shipping

Baltic Dry Index Finishes Bumper November

Dec 1 (Reuters) – The Baltic Exchange’s dry bulk sea freight index gained for the fourth straight week, marking its best week since

December 1, 2023
Total Views: 716

Maersk Tanker Underway
Shipping

Maersk Tankers Orders Very Large Ammonia Carriers

Maersk Tankers has confirmed an order for up to ten very large ammonia carriers (VLACs) from Hyundai Samho Heavy Industries in Korea. The first four vessels

December 1, 2023
Total Views: 2952

Thursday, November 30, 2023
An alaska state ferry underway near Ketchikan, Alaska
Shipping

Biden Administration Announces $220 Million in Grants to Modernize Ferry Systems

The U.S. Department of Transportation’s Federal Transit Administration (FTA) has announced grants totaling $220.2 million to modernize the nation’s

November 30, 2023
Total Views: 2637

A hydrogen fuel graphic for shipping
Shipping

Bureau Veritas Launches Classification Rules for Hydrogen-Fuelled Ships

Bureau Veritas (BV) has launched its first classification Rules for hydrogen-fuelled ships (NR678) to support the safe development of hydrogen propulsion in

November 30, 2023
Total Views: 881

FILE PHOTO: Shipping containers are stacked at Gwangyang port in Gwangyang, South Korea, June 14, 2022. Yonhap via REUTERS
Shipping

Container Shipping Market Faces ‘Brutal’ 2024, Xeneta Says

The latest data from Oslo-based Xeneta suggests that 2024 could be an even more difficult year for carriers in the ocean freight shipping market. The Xeneta

November 30, 2023
Total Views: 1571

A tanker transits the Suez Canal
Shipping

OPEC+ Agrees to Deeper Supply Cuts

By Grant Smith, Salma El Wardany and Fiona MacDonald 1(Bloomberg) — OPEC+ agreed to make 1 million barrels a day of additional oil-supply cuts to go

November 30, 2023
Total Views: 935

Ship Ever Given Departs Suez Canal with Pilot Boat
Shipping

Maersk Settles Lawsuit Over Ever Given Grounding in Suez

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S settled a Danish lawsuit against the companies behind a ship that blocked the Suez canal in

November 30, 2023
Total Views: 5847

Wednesday, November 29, 2023
Vytautas Kielaitis / Shutterstock.com
Shipping

Former Bed Bath & Beyond Files Massive Lawsuit Against MSC Alleging Profiteering

The bankruptcy estate of Bed Bath & Beyond Inc. has filed a complaint with the U.S. Federal Maritime Commission against Swiss-based MSC Mediterranean

November 29, 2023
Total Views: 4112

The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released November 20, 2023. Houthi Military Media/Handout via REUTERS
Shipping

Red Sea Attacks on Ships Spark Safety Concerns for Seafarers

By Jonathan Saul LONDON, Nov 29 (Reuters) – Commercial ships face increasing dangers at sea after armed groups have attacked and seized vessels in

November 29, 2023
Total Views: 2909

Commercial vessels, including oil tankers, wait at an anchorage in the Black Sea off Kilyos near Istanbul, Turkey, December 9, 2022. REUTERS/Umit Bektas
Shipping

Flows Redirected as Oil Loadings from Black Sea Ports Remain Suspended

MOSCOW, Nov 29 (Reuters) – Oil loadings from the Black Sea port of Novorossiysk and the Caspian Pipeline Consortium (CPC) terminal

November 29, 2023
Total Views: 1236

A red LNG carrier in the Suez Canal
Shipping

Panama Canal Congestion Could Hit Suez

By Anna Shiryaevskaya (Bloomberg) — Unprecedented congestion at the Panama Canal could ultimately result in delays at Egypt’s Suez Canal, potentially

November 29, 2023
Total Views: 2481

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

OPEC+ Talks Continue with Prospect for Deeper Oil Cuts Unclear

By Maha El Dahan, Olesya Astakhova and Alex Lawler DUBAI/LONDON, Nov 29 (Reuters) – OPEC+ is continuing to hold talks on

November 29, 2023
Total Views: 572
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