Shipping

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


Friday, November 13, 2020
Oil tanker in Ningbo Zhoushan port
Shipping

China Oil Giant Unipec Eyes New Supertankers to Shrink Fuel Glut

By Sharon Cho, Elizabeth Low and Ann Koh (Bloomberg) –China’s biggest refiner is eyeing a creative strategy to help rid Asia of a persistent diesel

November 13, 2020
Total Views: 824

hapag-lloyd containership
Shipping

Hapag-Lloyd Sees Higher Earnings on Cheaper Fuel and Recovering Demand

By Vera Eckert FRANKFURT, Nov 13 (Reuters) – German container liner Hapag-Lloyd AG is confident of achieving higher earnings in 2020 as lower fuel prices

November 13, 2020
Total Views: 254

Thursday, November 12, 2020
CMA CGM to Expand LNG-Powered Fleet to 26 Vessels
Shipping

CMA CGM to Expand LNG-Powered Fleet to 26 Vessels

PARIS, Nov 12 (Reuters) – Container shipping group CMA CGM will expand its use of liquified natural gas (LNG) to 26 vessels, it said on Thursday, as part

November 12, 2020
Total Views: 720

Tuesday, November 10, 2020
BP and Orsted Team Up on Green Hydrogen Project in Germany
Environment

BP and Orsted Team Up on Green Hydrogen Project in Germany

By Laura Hurst (Bloomberg) — Two of Europe’s largest energy companies, BP Plc and Orsted A/S, said they’d join to develop an industrial-scale

November 10, 2020
Total Views: 308

Monday, November 9, 2020
vlcc tanker
Shipping

Ownership Shake-up at Tanker Pool Operator Heidmar

Heidmar Chief Executive Officer Pankaj Khanna has taken full control of the tanker pool management company from shipping billionaire George Economou. The

November 9, 2020
Total Views: 592

container port
Interesting

Danaos a Big Winner as Containership Charter Rates Soar

By Mike Wackett (The Loadstar) – With freight rates soaring, ocean carriers are prepared to pay more than double previous daily hire rates for chartered

November 9, 2020
Total Views: 732

cargo containers
Ports

Container Crunch Roiling Transpacific Trade

By Brendan Murray (Bloomberg) — The humble shipping container has a new status in the Covid-19 pandemic: hot commodity. Shortages of the ribbed steel

November 9, 2020
Total Views: 676

Friday, November 6, 2020
IMO greenhouse gas emissions
Interesting

IMO Charting Passage Plan for Reducing Shipping’s ‘Carbon Intensity’

By Barry Parker – Over the past year, “sustainability” has ratcheted upward to the top of the shipping industry’s radar. The activity will be

November 6, 2020
Total Views: 691

Thursday, November 5, 2020
Venezuelan Oil Tanker Undergoes Repairs in Cuba After Catching Fire
Shipping

Venezuelan Oil Tanker Undergoes Repairs in Cuba After Catching Fire

Nov 5 (Reuters) – An oil tanker owned by Venezuelan state oil company Petroleos de Venezuela’s maritime division is undergoing repairs in Cuba

November 5, 2020
Total Views: 804

shipping container
Shipping

Shippers Face Record Rates and Surcharge Surge

By Mike Wackett (The Loadstar) – With shippers facing skyrocketing container freight rates and premium fees across main and secondary trades, ocean

November 5, 2020
Total Views: 265

Wednesday, November 4, 2020
ONE Containership Diverted to Tacoma Due to Collapsed Containers
Shipping

ONE Containership Diverted to Tacoma Due to Collapsed Containers

A containership belonging to Ocean Network Express is being rerouted to the Port of Tacoma after containers collapsed on board during a transpacific voyage. A

November 4, 2020
Total Views: 2798

Tuesday, November 3, 2020
OOCL Places Orders for Seven 23,000 TEU Containerships
Shipbuilding

OOCL Places Orders for Seven 23,000 TEU Containerships

Hong Kong-based container shipping company Orient Overseas Container Lines has placed shipbuilding orders for seven additional 23,000 TEU megaships at Chinese

November 3, 2020
Total Views: 381

Monday, November 2, 2020
Molten Salt Reactor nuclear-battery
Environment

Bill Gates Launches A Nuclear Ship Battery Partnership

It’s been over sixty years since the first (and last) US-flagged nuclear-powered cargo ship set sail but, if Bill Gates has his way, the ocean may soon

November 2, 2020
Total Views: 2598

Friday, October 30, 2020
Energy Observer, a hydrogen-powered boat
Environment

Shipping Explores Hydrogen As Route To Net Zero Emissions

By Jonathan Saul and Nina Chestney (Reuters) – Developers across the world are for the first time testing the use of hydrogen to power ships as the

October 30, 2020
Total Views: 555

Tuesday, October 27, 2020
Shipping Digitalization Could Help Cut Carbon By Eliminating Food Waste
Shipping

Shipping Digitalization Could Help Cut Carbon By Eliminating Food Waste

By Ann Koh and Heesu Lee (Bloomberg) –One of the largest container port operators is calling on the shipping industry to tackle a growing yet often

October 27, 2020
Total Views: 109

Thursday, October 22, 2020
zim containership
Shipping

Zim Opens Direct Shipping Line to UAE

JERUSALEM, Oct 21 (Reuters) – Israeli shipping firm Zim said on Wednesday it would start to offer direct service to Jebel Ali port in the United Arab

October 22, 2020
Total Views: 110

Wednesday, October 21, 2020
containership underway
Shipping

Seaspan Secures Industry-First Sustainability Linked Loan

Seaspan Corporation, a leading containership owner and operator, says it has secured a $1.8 billion sustainability-linked loan, marking a first of its kind in

October 21, 2020
Total Views: 1270

Thursday, October 15, 2020
tanker loading
Shipping

U.S. Crude, Fuel Stockpiles Drop Sharply Amid Hurricane -EIA

By David Gaffen Oct 15 (Reuters) – U.S. crude stockpiles fell sharply last week, as offshore oil production was shut due to Hurricane Delta, while

October 15, 2020
Total Views: 49

shipping container
Shipping

Trade Imbalance Hits American Crop Exports With Lack of Containers

By Michael Hirtzer (Bloomberg) — With the U.S. importing more goods than it’s exporting, shipments of American cotton, grain and hay are getting

October 15, 2020
Total Views: 151

msc ship in port
Shipping

Shipping Heavyweights Join TradeLens Platform as ‘Foundation Carriers’

Two of the world’s leading global container carriers MSC Mediterranean Shipping Company and CMA CGM are now fully plugged in to the TradeLens

October 15, 2020
Total Views: 89