Shipping

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


Thursday, January 9, 2025
Finnish Border Guard's ship Turva and oil tanker Eagle S sail on the sea outside the Porkkalanniemi, Finland
Shipping

Baltic Sea Cable Probe: Finnish Investigators Suspect Shadow Tanker ‘Eagle S’ Dragged Anchor for Over 60 Miles

Finnish authorities investigating damage to the critical Estlink2 undersea cable in the Baltic Sea suspect the Russian shadow fleet vessel Eagle S may have

January 9, 2025
Total Views: 10255

FILE PHOTO: Docked cargo ships are loaded with shipping containers at Port Elizabeth, New Jersey, U.S., July 12, 2023.
Shipping

US East Coast Shipping Rates Expected to Cool After ILA-USMX Deal

A potentially devastating strike at U.S. East Coast and Gulf Coast ports has been averted following a tentative six-year agreement between port workers and

January 9, 2025
Total Views: 433

STRAIT OF HORMUZ (May 3, 2023) A screenshot of a video showing fast-attack craft from Iran’s Islamic Revolutionary Guard Corps Navy swarming Panama-flagged oil tanker Niovi as it transits the Strait of Hormuz, May 3, 2023. U.S. Navy Photo
Defense

Shipping in the Crosshairs: What Trump’s Return Could Mean for Iran and Maritime Trade

As the incoming Trump administration sets the stage for its foreign policy agenda, the maritime industry is bracing for the potential ripple effects of renewed

January 9, 2025
Total Views: 2955

Wednesday, January 8, 2025
MSC Tessa, one of the world's largest containerships, under construction at Hudong-Zhonghua Shipbuilding in Shanghai, China. Photo courtesy CSSC.
Shipbuilding

Record Containership Orderbook Signals Major Fleet Expansion Through 2029, BIMCO Reports

The container shipping industry is poised for unprecedented growth as its orderbook hits historic highs, with potential major implications for global maritime

January 8, 2025
Total Views: 1538

Oil tanker in Ningbo Zhoushan port
Shipping

China Foreign Ministry Not Aware of Shandong Port Group Ban on Sanctioned Ships

China's foreign ministry said on Wednesday it was not aware of Shandong Port Group's decision to ban U.S.-sanctioned vessels from its network of east coast

January 8, 2025
Total Views: 1584

Oil tanker Eagle S suspected of the disruption of the Finland-Estonia electrical link Estlink 2.Jussi Nukari/Lehtikuva/via REUTERS
Shipping

Finnish Authorities Find Alarming Safety Deficiencies on Russian Tanker Suspected Cable Damage

Finnish maritime authorities have detained the tanker Eagle S following a port state control inspection that revealed numerous serious safety deficiencies. The

January 8, 2025
Total Views: 6387

Tuesday, January 7, 2025
Aerial of Liquified Natural Gas LNG carrier moored to a small gas terminal
Shipping

Trump Promised Swift Action on LNG Exports, but Advisers Preaching Patience

Advisers to U.S.President-elect Donald Trump are urging him to take a patient approach to restarting approvals for liquefied natural gas export licenses,

January 7, 2025
Total Views: 1451

tanker at sea
Shipping

U.S. Tanker Stocks Surge After Pentagon Blacklists Major Chinese Maritime Players

U.S.-listed tanker stocks rallied sharply on Tuesday, with some shares jumping as much as 10% after the Pentagon added several Chinese maritime giants to its

January 7, 2025
Total Views: 3878

Aerial photo of an oil tanker at anchor. Stock Photo: Nickeo23/Shutterstock
Shipping

Global Crude Exports Dipped in 2024 as Trade Routes Reshuffled Again

The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic, shipping data showed, due to weak demand growth and as

January 7, 2025
Total Views: 433

A tanker transits the Panama Canal Locks
Shipping

Trump Refuses to Rule Out Military Force to Retake Panama Canal from ‘China Control’

President-elect Donald Trump refused to rule out military force to retake control of the Panama Canal, while making unsubstantiated claims about Chinese

January 7, 2025
Total Views: 2980

Oil tanker Eagle S suspected of the disruption of the Finland-Estonia electrical link Estlink 2.Jussi Nukari/Lehtikuva/via REUTERS
Defense

UK Launches AI-Powered Maritime Surveillance System to Counter Russian Shadow Fleet in Baltic

In response to recent damage to critical undersea infrastructure, the UK-led Joint Expeditionary Force (JEF) has activated an advanced AI-powered surveillance

January 7, 2025
Total Views: 2018

china cosco headquarters
Shipping

China’s Biggest Shipping Line Added to US Military Blacklist

The US has blacklisted China’s largest shipping line and two shipbuilders over alleged links with the People’s Liberation Army, as Washington turns its

January 7, 2025
Total Views: 9935

Monday, January 6, 2025
general cargo bulk carrier
Shipping

Pangaea Logistics Expands Bulk Fleet with $271M Acquisition

Pangaea Logistics Solutions (NASDAQ: PANL) has successfully expanded its existing fleet with fifteen handy-size vessels from Strategic Shipping Inc. (SSI), a

January 6, 2025
Total Views: 1638

Iran’s Oil Exports Soar to 587M Barrels, Led by China’s Thirst
Shipping

Iran’s Oil Exports Soar to 587M Barrels, Led by China’s Thirst

Despite tightening Western sanctions, Iran’s oil exports reached 587 million barrels in 2024, marking a significant 10.75% increase from the previous

January 6, 2025
Total Views: 2017

Russian President Vladimir Putin attends a meeting
Shipping

Putin Has Options for Russian Gas After Ukraine Route Closed

Vladimir Putin might have lost a slice of revenue after Kyiv closed its gas pipeline to Russian supplies, but Moscow already has alternatives for shipping the

January 6, 2025
Total Views: 2608

A view of the anchor of the Chinese ship, the bulk carrier Yi Peng 3.
Shipping

Taiwan Accuses Chinese Vessel of Sabotaging Undersea Cable

Taiwan suspects a Chinese-owned cargo vessel damaged an undersea cable near its northeastern coast Friday, in an alleged act of sabotage that highlights the

January 6, 2025
Total Views: 2683

ILA picketers wearing orange safety shirts and carrying ILA signs with port cranes in the background
Ports

Reality Check: Inside the Debate Over Automation at America’s Ports

Ongoing side discussions prior to the much-anticipated January 7th meeting between the International Longshoremen's Association (ILA) and United States

January 6, 2025
Total Views: 3565

Screenshot of video released by the Iranian-backed Houthis showing the attack on the MT CHIOS LION in the Red Sea, July 15, 2024.
Shipping

The Wartime Risk Insurers Making Fortunes Keeping Trade Moving

Inside faceless office buildings scattered around London, a niche corner of the insurance market is keeping hundreds of billions of dollars in commodity trade

January 6, 2025
Total Views: 3125

Saturday, January 4, 2025
Vessels carrying supplies for an offshore oil platform operated by Exxon Mobil are seen at the Guyana Shore Base Inc wharf on the Demerara River, south of Georgetown, Guyana January 23, 2020. REUTERS/Luc Cohen/File Photo/File Photo
Shipping

Guyana Removes Wrecks To Increase Safety For Oil Supply Vessels

By Denis Chabrol Jan 4, 2025 (Bloomberg) —Guyana said it is making a concerted effort to clear wreckage from its waterways and improve navigation as

January 4, 2025
Total Views: 2452

Friday, January 3, 2025
Finnish Border Guard's ship Turva and oil tanker Eagle S sail on the sea outside the Porkkalanniemi, Finland
Shipping

A Timeline of Suspected Baltic Sea Sabotage Incidents

A Finnish court has denied a request for the release of an oil tanker suspected of damaging an undersea power line and four telecommunications cables in the

January 3, 2025
Total Views: 4136