Shipping

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


Sunday, June 27, 2021
port of los angeles-long beach. photo REUTERS/Lucy Nicholson
Shipping

Shipping Woes Means You May Want to Christmas Shop Early

By Brendan Murray (Bloomberg) — If it seems like shipping delays and soaring delivery costs aren’t getting any better, it’s because they’re both

June 27, 2021
Total Views: 3997

port of rotterdam
Shipping

EU Carbon Market to Expand to Shipping

By Ewa Krukowska (Bloomberg) — The European Commission plans to include maritime transport in the world’s biggest carbon market and create an adjacent

June 27, 2021
Total Views: 1189

Friday, June 25, 2021
Matson-containership-Daniel-K.-Inouye
Shipping

Matson Announces Stock Buyback of 3 Million Shares, Raises Dividend

U.S. carrier Matson (NYSE: MATX) has announced plans to increase its quarterly dividend and repurchase 3 million shares representing nearly $190 million in

June 25, 2021
Total Views: 3312

cosco shipping
Shipping

Seaspan Forward-Fixes Charters for 17 Containerships with COSCO

Containership leasing company Seaspan Corporation has announced it has forward-fixed contracts and extended current lease terms for 17 containerships with

June 25, 2021
Total Views: 1958

shipping container
Shipping

Shipper Fury as Container Freight Rates Soar

By Mike Wackett (The Loadstar) – Short-term freight rates from China to North Europe have breached the $20,000 per 40ft mark, while transpacific

June 25, 2021
Total Views: 19739

ever given in great bitter lake
Shipping

Ever Given Awaits Deal For Release

CAIRO, June 24 (Reuters) – The operator of a giant cargo ship that blocked the Suez Canal in March said on Thursday that it would take more time for

June 25, 2021
Total Views: 2077

seafarer
Shipping

On Today’s ‘Day of the Seafarer’, There’s Little to Celebrate

Each year, on June 25th, the U.N. International Maritime Organization celebrates ‘Day of the Seafarer‘ as a way to raise awareness about issues

June 25, 2021
Total Views: 1702

Thursday, June 24, 2021
containership underway
Shipping

MPCC Bags $100,000-Plus Per Day Charter for Feeder Ship

By Mike Wackett (The Loadstar) Charterers are prepared to break the bank to fix container feeder tonnage and, according to one shipowner, the market could

June 24, 2021
Total Views: 3609

Aurora-Qamun atb
Shipbuilding

Crowley Takes Delivery of Second Alaska-Bound ATB

U.S.-based Crowley has taken delivery of its new 55,000-barrel articulated tug-barge (ATB) to serve in the Alaska Jones Act market. The Aurora/Qamun is a

June 24, 2021
Total Views: 3380

Wednesday, June 23, 2021
Elon Musk’s Boring Company Pitching Wider Freight Tunnels for Containers
Shipping

Elon Musk’s Boring Company Pitching Wider Freight Tunnels for Containers

By Sarah McBride (Bloomberg) — Elon Musk’s tunneling startup the Boring Co. is working on much wider tunnels than publicly announced, which

June 23, 2021
Total Views: 5020

Oil tankers pass through the Strait of Hormuz
Shipping

U.S. Denies Iran Claim on Lifting Oil and Shipping Sanctions

By Parisa Hafezi and Humeyra Pamuk DUBAI/BERLIN, June 23 (Reuters) – Iran said on Wednesday the United States had agreed to remove all sanctions on

June 23, 2021
Total Views: 1791

Tuesday, June 22, 2021
containership
Shipping

MPCC to Acquire Songa Container, Adding 11 Ships to Feeder Fleet

Oslo-based MPC Container Ships (MPCC) has entered into an agreement to acquire Songa Container AS and its fleet of 11 container smaller containerships for $210

June 22, 2021
Total Views: 1232

hapag-lloyd ship
Shipbuilding

Hapag-Lloyd Places New Order for Ultra-Large Containerships

Hapag-Lloyd has ordered another six ultra-large containerships in South Korea. The vessels, ordered from Daewoo Shipbuilding & Marine Engineering (DSME),

June 22, 2021
Total Views: 3484

Carrier Schedule Reliability ‘Through the Floor’ and There’s No Relief in Sight
Shipping

Carrier Schedule Reliability ‘Through the Floor’ and There’s No Relief in Sight

By Mike Wackett (The Loadstar) – Ocean carrier vessel arrivals from Asia are being delayed by 20 days, or more, and there is no improvement in sight.

June 22, 2021
Total Views: 2619

seafarer-ship-crew-covid-temp-checkjpg
Shipping

No Vaccine At Sea And Still They Worked On…

By Frank Coles (OpEd) – So there is no misunderstanding, I am not a raving lunatic, just a frustrated mariner. I get the complications of COVID, the

June 22, 2021
Total Views: 3466

Monday, June 21, 2021
Frank Coles CEO
Shipping

Seafarers Need To Strike, Says Frank Coles

By John Konrad (gCaptain) Last week maritime influencer Lena Göthberg published the 165th episode of her popular Shipping Podcast, and the content was

June 21, 2021
Total Views: 16146

zim alibaba cooperation agreement
Shipping

ZIM and Alibaba Extend Direct Sea Freight Agreement

Israeli liner shipping company ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) and e-commerce giant Alibaba.com will extend their cooperation agreement for

June 21, 2021
Total Views: 1405

containership
Environment

Trafigura Calls on IMO to Up the Pace on CO2 Curbs

By Jack Wittels (Bloomberg) — Trafigura Group said the shipping industry’s regulator needs to act with ‘lightning speed’ to cut carbon emissions

June 21, 2021
Total Views: 847

Friday, June 18, 2021
shipping container
Shipping

Mitsubishi HC Capital Pays Premium to Acquire Container Leasing Giant CAI International

Tokyo-based finance firm Mitsubishi HC Capital Inc. will acquire all outstanding shares of CAI International (NYSE: CAI), one of the world’s leading marine

June 18, 2021
Total Views: 2355

shipping containers
Shipping

‘Yantian Effect’ Could Cause Shortage of Goods as Freight Rates Set to Stay High

By Nick Savvides (The Loadstar) – Chronic congestion in Asia, particularly at Yantian, the US and Europe will force rates higher and will most likely

June 18, 2021
Total Views: 2884