Shipping

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


Tuesday, August 17, 2021
ningbo port congestion
Ports

China Port Congestion Worsens as Ningbo Shuts for Seventh Day

By Kevin Varley and Ann Koh (Bloomberg) — The partial closure of the world’s third-busiest container port is worsening congestion at other major

August 17, 2021
Total Views: 2289

Containership Bottleneck Off Southern California Ports Approaches February Record
Ports

Containership Bottleneck Off Southern California Ports Approaches February Record

By Brendan Murray (Bloomberg) — The biggest U.S. trade gateway with Asia is clogged with the most inbound container vessels in more than six months,

August 17, 2021
Total Views: 7877

Monday, August 16, 2021
svitzer tugs assisting ever given
Shipping

Two Additional Svitzer Tugs to Join Suez Canal Fleet

Global towage provider Svitzer has extended its contract with the Suez Canal Authority to include two additional tugs, providing the waterway with additional

August 16, 2021
Total Views: 2757

port of savannah
Shipping

Georgia Ports Kick Off Fiscal Year with Record Container and Ro/Ro Traffic

The Georgia Ports Authority kicked off its 2022 fiscal year with record volumes in both containers and Roll-on/Roll-off traffic as consumer demand continues to

August 16, 2021
Total Views: 964

Seacor Holdings Acquires Jones Act Shipping Company U.S. Shipping Corp
Shipping

Seacor Holdings Acquires Jones Act Shipping Company U.S. Shipping Corp

Fort Lauderdale, Florida-based Seacor Holdings has acquired Jones Act shipping company U.S. Shipping Corp. USSC is provider of long-haul marine transportation

August 16, 2021
Total Views: 4731

Containers are seen at Yantian port in Shenzhen, Guangdong province, China July 4, 2019. Picture taken July 4, 2019. REUTERS/Stringer
Shipping

Global Supply Chains Are Being Battered by Fresh Covid Surges

By Enda Curran and Michelle Jamrisko (Bloomberg) — Asia’s renewed surge in Covid-19 infections is compounding supply-chain blockages across the

August 16, 2021
Total Views: 1437

Friday, August 13, 2021
Tanker Sector Leads Demolition Surge in First 6 Months of 2021 -VesselsValue
Shipping

Tanker Sector Leads Demolition Surge in First 6 Months of 2021 -VesselsValue

A total of 275 ships were sold for scrap in the first half 2021 with the tanker sector leading the charge, according to a half-year demolition review by

August 13, 2021
Total Views: 2866

HMM containership in port
Shipping

Derivatives Losses Punch Massive Hole in HMM Bottom Line

By Mike Wackett (The Loadstar) – HMM posted a net profit of $310m for the first six months of the year, but its bottom-line result would have been

August 13, 2021
Total Views: 841

COVID-19 Scare on Containership in New Zealand
Shipping

COVID-19 Scare on Containership in New Zealand

New Zealand health officials have confirmed at least 11 cases of COVID-19 on board a Hamburg Sud containership off the coast of Tauranga, putting dozens of

August 13, 2021
Total Views: 1241

bulk ship
Shipping

Higher Vessel Rates Lift Baltic Dry Index to 11-Year High

Aug 13 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rallied to its highest

August 13, 2021
Total Views: 694

bulk carrier ballast water
Shipping

Surging Bulk Shipping ETF Struggles to Get New Cash

By Sam Potter (Bloomberg) — An expensive ETF riding both the commodity boom and the supply-chain chaos is shedding millions in assets, a sign of

August 13, 2021
Total Views: 809

Thursday, August 12, 2021
Scorpio Tankers President Robert Bugbee Continues to Binge on STNG Call Options
Shipping

Scorpio Tankers President Robert Bugbee Continues to Binge on STNG Call Options

Robert Bugbee, the well-known President of NYSE-listed Scorpio Tankers (NYSE: STNG), spent another $465,000 on STNG call options on Wednesday, bringing his

August 12, 2021
Total Views: 1499

Grain ship in argentina
Shipping

100-Year Drought Impacting Argentina’s Grain Exports

By Hugh Bronstein BUENOS AIRES, Aug 12 (Reuters) – A once-a-century drought has lowered the water level of Argentina’s main grains transport river,

August 12, 2021
Total Views: 1020

maine maritime academy
Shipping

Maine Maritime Academy to Require COVID-19 Vaccination for Students

Maine Maritime Academy will require students to be vaccinated for COVID-19 this fall as the Delta variant continues to complicate the return of normal

August 12, 2021
Total Views: 1153

Survey Shows Frighteningly Low Vaccination Rate Among Seafarers
Shipping

Survey Shows Frighteningly Low Vaccination Rate Among Seafarers

Only about 15% of the world’s seafarers have been vaccinated from COVID-19, according to data from the Neptune Declaration Crew Change Indicator.

August 12, 2021
Total Views: 776

brussels express lng ship converstion
Shipping

Hapag-Lloyd Reports First Half Profit of $3.3 Billion

German liner company Hapag-Lloyd has posted a $3.3 billion profit in the first half of the year amid “very strong demand” for container shipping

August 12, 2021
Total Views: 602

Oil tanker in Ningbo Zhoushan port
Shipping

Oil Supertankers in Doldrums With Bunker Costs High

By Damian Shepherd (Bloomberg) — The summer doldrums are here for oil supertankers. Freight rates on the benchmark route from the Middle East to Asia

August 12, 2021
Total Views: 1398

A member of staff at satellite communications company Inmarsat poses in front of a section of the screen showing the southern Indian Ocean to the west of Australia, during a search for missing flight MH370, at their headquarters in London
Shipping

Inmarsat to Drive Growth with Industry-Leading L-band Upgrade

By Paul Sandle LONDON, Aug 12 (Reuters) – British satellite operator Inmarsat said it would launch a major upgrade to its L-band services to offer faster

August 12, 2021
Total Views: 582

Wednesday, August 11, 2021
Biden Says His Administration is Working to Relieve Bottlenecks that Threaten Economic Recovery
Shipping

Biden Says His Administration is Working to Relieve Bottlenecks that Threaten Economic Recovery

By Jeff Mason and Trevor Hunnicutt WASHINGTON, Aug 11 (Reuters) – President Joe Biden said on Wednesday that his administration is working to relieve

August 11, 2021
Total Views: 1310

jones act enforcer
Shipping

Crew of ‘Jones Act Enforcer’ Meets with Customs and Border Protection

The crew of a privately chartered Jones Act enforcement vessel has met with the U.S. Customs and Border Protection to touch base on issues that the vessel and

August 11, 2021
Total Views: 6054