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


Tuesday, December 5, 2023
A Yemeni Coast Guard boat sails near the Galaxy Leader commercial ship, seized by Yemen's Houthis last month, off the coast of al-Salif, Yemen, December 5, 2023.
Piracy

Galaxy Leader Crew Allowed ‘Modest’ Contact with Family

LONDON, Dec 5 (Reuters) – The crew of the Galaxy Leader commercial ship seized by Yemen’s Iran-backed Houthis last month have been allowed

December 5, 2023
Total Views: 5097

A tanker transits the Panama Canal Locks
Shipping

Panama Chaos Grows as US Diesel Shipper Takes the Long Route

(Bloomberg) — The worsening bottlenecks at the drought-stricken Panama Canal are pushing at least one US diesel shipper to sail around the tip of South

December 5, 2023
Total Views: 36170

bulk ship
Shipping

Baltic Dry Index Snaps Winning Streak as larger Vessel Rates Retreat

Dec 5 (Reuters) – The Baltic Exchange‘s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities plunged on Tuesday,

December 5, 2023
Total Views: 958

Monday, December 4, 2023
The first offshore wind turbine at the Dogger Bank wind farm
Shipping

UAE’s Masdar Acquires Stake in World’s Largest Wind Farm in UK

German energy company RWE has entered into a partnership with United Arab Emirates state-owned renewable energy company Masdar to develop the Dogger Bank South

December 4, 2023
Total Views: 915

lng bunkering rotterdam
Shipping

Opinion: Shining a Light on Grey, Not Green, Alternative Fuels

Scaling up the availability of low and zero-emission fuels will be challenging. While the long term destination is clear, in the medium term the industry will

December 4, 2023
Total Views: 1821

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
Piracy

War Risk Insurance Rates Edge Up Amid Red Sea Ship Attacks

By Jonathan Saul LONDON, Dec 4 (Reuters) – War risk insurance premiums edged up for Red Sea voyages after three vessels were attacked in the

December 4, 2023
Total Views: 1732

A Maersk containership berthed at the Port of Tanjung Pelepas in Malaysia.
Shipping

Maersk to Invest Over $500 Million in Southeast Asia’s Supply Chain

A.P. Moller-Maersk (Maersk) has announced a significant investment of more than $500 million to expand its supply chain infrastructure in Southeast Asia. This

December 4, 2023
Total Views: 1240

Drought hit Panama Canal further restricts maximum ship depth
Shipping

Panama Canal Bottleneck Prompts Detours that Could Boost Inflation

(Bloomberg) — The Panama Canal, the century-old engineering marvel that revolutionized global trade, is being squeezed shut by drought and forcing

December 4, 2023
Total Views: 2750

The picture provided by The Finnish Border Guard shows Finnish Border Guard's offshore patrol vessel Turva guarding on October 11, 2023 at sea near the place where damaged Balticconnector gas pipeline is pinpointed at the Gulf of Finland. Lehtikuva/FINNISH BORDER GUARD via REUTERS
Shipping

UK, Finland, Estonia Practice Subsea Infrastructure Protection in Baltic Sea

By Anne Kauranen HELSINKI, Dec 4 (Reuters) – The navies of Britain, Finland and Estonia were practising subsea infrastructure protection in the

December 4, 2023
Total Views: 1171

Sunday, December 3, 2023
Oil tanker on Lake Maracaibo, in Cabimas. REUTERS/Issac Urrutia
Shipping

India Resumes Imports Of Venezuelan Oil

By Nidhi Verma, Marianna Parraga and Florence Tan NEW DELHI/HOUSTON/SINGAPORE(Reuters) – Indian refiners have resumed Venezuelan oil purchases through

December 3, 2023
Total Views: 2169

U.S. Navy Arleigh Burke-class guided-missile destroyer USS Carney transits the Suez Canal. U.S. Navy/Mass Communication Specialist 2nd Class Aaron Lau/Handout via REUTERS.
Piracy

UPDATED: Multiple Commercial Vessels Attacked In Red Sea

By Aziz El Yaakoubi and Idrees Ali RIYADH, Dec 3 (Reuters) – Three commercial vessels came under attack in international waters in the southern

December 3, 2023
Total Views: 4874

Offshore Brazil Petrobras P-66 oil rig
Shipping

Brazil Never To Be Full Member Of OPEC+, Only Observer

By Jake Spring Dec 3 (Reuters) – Brazil will never join the OPEC+ group of oil-producing nations as a full member and instead only seeks to

December 3, 2023
Total Views: 1349

Sailors aboard the Arleigh Burke-class guided-missile destroyer USS Carney (DDG 64) prepare to conduct a replenishment-at-sea with the Lewis and Clark-class dry cargo and ammunition ship USNS Medgar Evers (T-AKE 13), October 12, 2023. MEDITERRANEAN SEA 10.12.2023 Photo by Petty Officer 2nd Class Aaron Lau.
Shipping

US Says UK-Owned Ship Hit By ‘Rocket Fire’

By Christine Burke Dec 3, 2023 (Bloomberg) –A US warship, the USS Carney, and multiple commercial ships came under attack Sunday in the Red Sea,

December 3, 2023
Total Views: 8250

Investigation of the possible attack on the Balticconnector gas line continues. Lehtikuva/HEIKKI SAUKKOMAA via REUTERS
Shipping

Finland Demands Investigators On Vessel That Broke Gas Pipeline

By Kati Pohjanpalo (Bloomberg) –Finland will demand its investigators be allowed on board the NewNew Polar Bear, a Hong Kong-flagged vessel whose

December 3, 2023
Total Views: 12599

Friday, December 1, 2023
Aerial top view of a containership at port. Stock Photo: Shutterstock/Avigator Fortuner
Environment

Report Reveals Progress in Green Shipping Corridor Initiatives

Significant progress has been made in the development and maturation of green shipping corridors to help decarbonize maritime shipping, according to a new

December 1, 2023
Total Views: 876

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: 2143

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: 3074

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: 1728

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: 1937

Stock photo of the bow of a ship at anchor
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: 550
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gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.