Shipping

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


Tuesday, February 22, 2022
Shipping

Vitol CEO Sees Oil Above $100 for a ‘Prolonged Period’ This Year

By Archie Hunter and Anna Edwards (Bloomberg) — Oil prices could be set for a “prolonged period” above $100 a barrel over the next six to nine

February 22, 2022
Total Views: 1394

Shipping

Germany Freezes Nord Stream 2 Gas Project as Ukraine Crisis Deepens

By Sarah Marsh and Madeline Chambers BERLIN, Feb 22 (Reuters) – Germany on Tuesday halted the Nord Stream 2 Baltic Sea gas

February 22, 2022
Total Views: 1792

Shipping

Containership Charter Rates Continue to Set New Records, But Some See Softening on the Horizon

By Mike Wackett (The Loadstar) – Containership charter rates and second-hand values are heading for a correction according to a broker source, after

February 22, 2022
Total Views: 1364

Shipping

Provocative Views on the Tanker Market, Disconnects, Carrots, Sticks, Penalties and Incentives

“Could I be a little bit provocative here?” asked Hugo De Stoop, the CEO of listed tanker giant Euronav- the NYSE listed owner Euronav, one of a handful of

February 22, 2022
Total Views: 1419

Shipping

Qatar Says ‘Almost Impossible’ to Quickly Replace Russian LNG Supplies to Europe

By Maha El Dahan and Andrew Mills DOHA, Feb 22 (Reuters) – Neither Qatar nor any other single country has the capacity to replace Russian gas

February 22, 2022
Total Views: 2647

Shipping

ADM Ships Record Soybean Cargo from Northern Brazil

By Nayara Figueiredo SAO PAULO, Feb 22 (Reuters) – U.S. grains merchant Archer-Daniels-Midland Co ADM.N said on Tuesday it has

February 22, 2022
Total Views: 6072

Ports

Narrow Window to Clear Congested Southern California Ports Hinges on Demand Waning

By Laura Curtis (Bloomberg) — The bottlenecked ports in Los Angeles face a narrow window between now and midyear to clear container backlogs before

February 22, 2022
Total Views: 1171

Monday, February 21, 2022
Product Tanker Loading Gasoline In Venezuela Port
Shipping

Greek Tanker Manager Says Its Probing Possible Iran Oil Transfer

LONDON, Feb 21 (Reuters) – Greece-based Empire Navigation is investigating whether Iranian oil was transferred onto one of the vessels it

February 21, 2022
Total Views: 1584

Shipping

Soaring Diesel and Gasoline Prices Are Bleeding Into Shipping

By Jack Wittels (Bloomberg) — The shipping industry is starting to feel the full force of surging diesel and gasoline costs. Ship fuel can be made from

February 21, 2022
Total Views: 2885

Friday, February 18, 2022
U.S. Justice Department Cracking Down on Collusive Conduct in Supply Chains
Shipping

U.S. Justice Department Cracking Down on Collusive Conduct in Supply Chains

The U.S. Department of Justice on Thursday announced an initiative to investigate and prosecute collusive conduct in the supply chains. The initiative comes in

February 18, 2022
Total Views: 2179

Shipping

Matson Shares Surge as Company Reports Huge Profit

Shares of U.S. shipping company Matson, Inc. ended Friday up over 11% after the company reported fourth quarter net income of nearly $395 million, bringing its

February 18, 2022
Total Views: 2711

Ports

China Port Delays Slow Shipments From Iron Ore to Electronics

By Bloomberg News (Bloomberg) — Port congestion in China is slowing the delivery of everything from iron ore to electronics, forcing companies to rely

February 18, 2022
Total Views: 1351

Shipping

Volkswagen Internal Email Confirms Thousands of Vehicles — Including VW, Porsche, and Audis — On Board Burning ‘Felicity Ace’

By Madison Muller (Bloomberg) — The Felicity Ace, a massive cargo ship carrying thousands of Volkswagen Group vehicles, caught fire near the

February 18, 2022
Total Views: 4676

Thursday, February 17, 2022
Viral Video: Wave Crashes Through Ferry’s Windows in Germany
Shipping

Viral Video: Wave Crashes Through Ferry’s Windows in Germany

Some dramatic video is going viral today showing a large wave crashing through the windows of a passenger ferry in Germany. The incident took place on Thursday

February 17, 2022
Total Views: 16527

Stacked containers are shown as ships unload their cargo at the Port of Los Angeles in Los Angeles, California, U.S. November 22, 2021. REUTERS/Mike Blake/File Photo
Shipping

Port of Los Angeles Reports Cargo Increase in January

The Port of Los Angeles has reported processing 865,595 TEU in January, making for a 3.6% increase compared to one year ago. The January volume marks the first

February 17, 2022
Total Views: 698

Shipping

Zim’s Long-Term Charter Strategy is Outgunning Its Rivals

By Mike Wackett (The Loadstar) – Through its brokers, Zim has made it known to containership owners that it is prepared to outbid competitor lines to

February 17, 2022
Total Views: 3086

Shipping

Global Trade ‘Likely To Be Subdued’ This Year After Hitting Record in 2021 -UN Trade Body

Global trade is likely to be subdued this year after hitting a record high in 2021, according to data published Thursday by the UN Conference on Trade and

February 17, 2022
Total Views: 549

Shipping

Freeport LNG Planning LNG Barge Terminal in Texas

By Sergio Chapa (Bloomberg) — Freeport LNG Development LP wants to supply fuel for ships and to start loading liquefied natural gas onto seafaring

February 17, 2022
Total Views: 1052

Shipping

Brimming European LNG Terminals Have Limited Space for More Gas

By Marwa Rashad and Isla Binnie LONDON/MADRID, Feb 17 (Reuters) – Europe’s liquefied natural gas (LNG) terminals have limited available

February 17, 2022
Total Views: 1601

Wednesday, February 16, 2022
Record Rogue Wave Measured Off British Columbia
Accidents

Record Rogue Wave Measured Off British Columbia

Researchers have measured what they believe to be the most extreme rogue wave ever recorded at 17.6 meters – the equivalent of a four-story building. The

February 16, 2022
Total Views: 11674