Shipping

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


Monday, March 21, 2022
Ever Forward Grounding Follows East Coast Ports’ Rush to Expand
Shipping

Ever Forward Grounding Follows East Coast Ports’ Rush to Expand

By Augusta Saraiva (Bloomberg) — The $5.25 billion expansion of the Panama Canal doubled its capacity in 2016, allowing the world’s largest cargo

March 21, 2022
Total Views: 6533

Russian Billionaire’s Yacht Detained in Gibraltar
Shipping

Russian Billionaire’s Yacht Detained in Gibraltar

By Jon Nazca GIBRALTAR, March 21 (Reuters) – A luxurious super-yacht linked to the owner of Russia’s largest steel pipe maker, who is

March 21, 2022
Total Views: 17418

American Sealift Capacity Gets Much-Needed Booster Shot with Addition of 12 Ships
Shipping

American Sealift Capacity Gets Much-Needed Booster Shot with Addition of 12 Ships

President Biden’s $1.5 trillion federal spending bill includes funds for ten tankers and two cable layers to be added to the U.S. Maritime

March 21, 2022
Total Views: 3473

Ocean Carriers’ U.S. Export Services Face Greater Scrutiny Under New FMC Directive
Shipping

Ocean Carriers’ U.S. Export Services Face Greater Scrutiny Under New FMC Directive

The top international cean carriers serving the U.S. market have been requested to begin sharing information with the Federal Maritime Commission about export

March 21, 2022
Total Views: 1880

tanker at sea
Shipping

Pre-Ban Russian Fuel Oil Cargoes Sail for U.S. Ports

By Chunzi Xu (Bloomberg) — U.S. ports are set to admit more Russian fuel oil than they’ve seen in eight months under contracts signed prior to the

March 21, 2022
Total Views: 8223

Russian Landing Ship Docks in Ukraine
Shipping

Russian Landing Ship Docks in Ukraine

Update: Russian Landing Ship ‘Orsk’ Destroyed at Port of Berdiansk, Ukraine Claims March 21 (Reuters) – Russia’s armed forces said on

March 21, 2022
Total Views: 12862

East vs. West: McCown Report Highlights Continued Gains for East Coast Container Ports
Ports

East vs. West: McCown Report Highlights Continued Gains for East Coast Container Ports

The queues of anchored vessels on the West Coast are shrinking- now with a “60” or “70” handle, down from the print of over 100 vessels at end 2021.

March 21, 2022
Total Views: 1584

Friday, March 18, 2022
brexit port
Shipping

Wan Hai Lines Announces Big Fines for Misdeclared Cargo Containers

Tawainese shipping company Wan Hai Lines (WHL) says it will begin charging shippers with steep fines for misdeclared cargoes. “From now on, if the

March 18, 2022
Total Views: 8072

U.S. Grain Shipping Costs Soar With War and Drought Swinging Demand
Shipping

U.S. Grain Shipping Costs Soar With War and Drought Swinging Demand

(Bloomberg) — War in Ukraine and drought in Brazil have global crop importers turning to the U.S., and the pivot means costs to ship grains and soybeans

March 18, 2022
Total Views: 3368

Ever Forward Refloating Timeline Unclear Days After Grounding
Shipping

Ever Forward Refloating Timeline Unclear Days After Grounding

A salvage plan and timeline for refloating of the Ever Forward containership firmly stuck in Chesapeake Bay remains uncertain now almost five full days since

March 18, 2022
Total Views: 5230

Bangladesh Seeks $22.4 Million Insurance Claim from Missile Strike on Ship in Ukraine
Shipping

Bangladesh Seeks $22.4 Million Insurance Claim from Missile Strike on Ship in Ukraine

By Ruma Paul and Jonathan Saul DHAKA/LONDON, March 18 (Reuters) – State-owned Bangladesh Shipping Corp is seeking $22.4 million from

March 18, 2022
Total Views: 47615

ningbo port congestion
Shipping

Ocean Carriers Blank More Sailings as Spot Rates Fall

By Mike Wackett (The Loadstar) – Container spot rates continued their decline this week across most Chinese export routes, prompting ocean

March 18, 2022
Total Views: 7131

Pay-Anything Mentality Grips U.S. Importers Fearful of More Shipping Woes
Shipping

Pay-Anything Mentality Grips U.S. Importers Fearful of More Shipping Woes

By Laura Curtis (Bloomberg) — U.S. importers, straining under a tapped-out supply chain, are increasingly offering top dollar for long-term shipping

March 18, 2022
Total Views: 1809

Protesters Gather at UK Ports After P&O Sacks Ferry Crews
Shipping

Protesters Gather at UK Ports After P&O Sacks Ferry Crews

DOVER, England, March 18 (Reuters) – Trade unions protested at British ferry ports on Friday after Dubai-owned P&O Ferries abruptly sacked 800

March 18, 2022
Total Views: 1812

Thursday, March 17, 2022
LNG carrier with letters L N G on side.
Shipping

Europe’s LNG Void: Can the U.S. Fill It?

With the Russian invasion of Ukraine, described by researchers at Evercore ISI as a “Black Swan Event”, the potential for shifting flows of liquified

March 17, 2022
Total Views: 3018

Ships Carrying Big Sugar Cargoes Head Toward Russia as Store Shelves Empty
Shipping

Ships Carrying Big Sugar Cargoes Head Toward Russia as Store Shelves Empty

By Marcelo Teixeira NEW YORK, March 17 (Reuters) – At least five vessels are headed toward Russia with nearly 200,000 tonnes of Brazilian raw

March 17, 2022
Total Views: 51710

Unions Slam P&O Ferries’ Abrupt ‘Mass Sacking’ of Seafarers
Shipping

Unions Slam P&O Ferries’ Abrupt ‘Mass Sacking’ of Seafarers

Maritime unions are condemning today’s abrupt announcement by ferry operator P&O Ferries, owned by Dubai-based DP World, that it has sacked 800

March 17, 2022
Total Views: 4090

FILE PHOTO: A P&O ferry arrives at the Port of Dover, following the end of the Brexit transition period, in Dover, Britain, January 15, 2021. REUTERS/John Sibley/File Photo
Shipping

P&O Ferries Sacks 800 Crew in Major Fleet Shake-Up

By William James and Muvija M LONDON, March 17 (Reuters) – Britain’s P&O Ferries made 800 staff redundant with immediate effect and

March 17, 2022
Total Views: 4293

Wednesday, March 16, 2022
An illustration of the National Security Multi-Mission Vessel
Shipping

Funding Secured For Final Training Ship Bound for Cal Maritime

With President Biden’s signing of the massive $1.5 billion omnibus spending package, funding has been secured for a fifth and final National Security

March 16, 2022
Total Views: 6405

Port of Los Angeles Reports Record February as ‘Terminal Velocity’ Improves
Shipping

Port of Los Angeles Reports Record February as ‘Terminal Velocity’ Improves

The Port of Los Angeles reported processing 857,764 TEU in February, marking the busiest February on record for the nation’s top port for containerized

March 16, 2022
Total Views: 1567