Shipping

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


Tuesday, May 11, 2021
Shipping

Another ‘New Normal’ as Container Rollover Rates Increase

By Gavin van Marle (The Loadstar) – The number of container rollovers at major box ports continued to climb last month, affecting some 39% of all

May 11, 2021
Total Views: 7326

Shipping

Global Commodities Scramble Sends Shipping Prices Soaring

By Thomas Biesheuvel, Prejula Prem and Annie Lee (Bloomberg) — The super-charged rally in commodity prices has made shipping more expensive than any

May 11, 2021
Total Views: 2271

houston ship channel
Shipping

Gulf Coast Refiners Book Tankers to Store Fuel Amid Pipeline Closure

By Ron Bousso and Laura Sanicola LONDON/NEW YORK, May 11 (Reuters) – Refiners booked at least five tankers to store gasoline stranded at U.S. Gulf Coast

May 11, 2021
Total Views: 1130

Shipping

Suez Canal Chief Says Southern Stretch to Be Expanded

AIRO, May 11 (Reuters) – The Suez Canal Authority (SCA) plans to expand and deepen the southern stretch of the waterway where a container ship became

May 11, 2021
Total Views: 1905

Monday, May 10, 2021
Shipping

Colonial Pipeline CEO Privately Warns States of Fuel Shortages

By Ari Natter (Bloomberg) — The leader of the company whose fuel pipeline was paralyzed by a cyber attack warned state officials in a private meeting

May 10, 2021
Total Views: 5185

colonial pipeline tanks
Shipping

Colonial Pipeline Still Days from Reopening After Cyberattack

By Stephanie Kelly and Devika Krishna Kumar NEW YORK, May 10 (Reuters) – America’s biggest gasoline pipeline will not resume full operations for

May 10, 2021
Total Views: 3066

Shipping

Containerships Increasing Speeds as Rates Continue to Climb

By Mike Wackett (The Loadstar) – A new survey by VesselsValue has found a “significant increase” in the average speed of containerships. The

May 10, 2021
Total Views: 9837

Shipping

Ever Given Insurer Says Suez Canal’s Reduced Claim is Still Too High

CAIRO, May 10 (Reuters) – UK Club, an insurer of the container ship that blocked the Suez Canal in March, said on Monday a reduced compensation claim

May 10, 2021
Total Views: 5756

Sunday, May 9, 2021
oil tanker
Shipping

Oil Traders Work to Avert Shortages After Cyberattack on Major U.S. Pipeline

By Sheela Tobben and Jeffrey Bair (Bloomberg) — The shutdown of America’s largest fuel pipeline after a cyberattack is threatening to send gasoline

May 9, 2021
Total Views: 4330

ever given
Shipping

Egypt Offers to Cut Ever Given Compensation Claim to $600 Million

By Abdel Latif Wahba (Bloomberg) Egypt offered to reduce claims by a third for compensation from owners of the container ship that blocked the Suez Canal in

May 9, 2021
Total Views: 19791

Friday, May 7, 2021
Shipping

Coast Guard Promoting Commercial Fishing Vessel Safety, Use of EPIRBs

The U.S. Coast Guard Mid-Atlantic is working to raising awareness related to commercial fishing vessel safety including the importance of having and properly

May 7, 2021
Total Views: 2040

Shipping

Shippers Compete for Space as Container Freight Rates Continue Rise

By Mike Wackett (The Loadstar) – Shippers from Asia to Europe saw a further spike in container spot rates this week, particularly for Mediterranean

May 7, 2021
Total Views: 6270

Shipbuilding

Shipyards in China’s Repair Hub Ban Arrivals from India

By Elizabeth Low and Alfred Cang (Bloomberg) — Shipyards in the Chinese coastal city of Zhoushan have banned vessels that called at or changed crews in

May 7, 2021
Total Views: 5435

Thursday, May 6, 2021
Shipping

Red Hot Dry Bulk Shipping ETF Marks Performance Milestone

The red hot dry bulk shipping ETF Breakwave Dry Bulk Shipping ETF (NYSE Arca: BDRY) surpassed the $100 million in assets under management milestone after a

May 6, 2021
Total Views: 2908

Shipping

Shippers Brace for Two More Years of Freight Rate Pain

By Mike Wackett (The Loadstar) – Shippers must brace themselves for at least two more years of elevated freight rates and tight supply, according to

May 6, 2021
Total Views: 4434

Shipbuilding

New Foss Tug to Use Autonomous Systems for West Coast Tanker Escort and Ship Assists

A new harbor tug for Seattle-based Foss Maritime is set become the first vessel of its kind in the United States to use autonomous systems in real-world

May 6, 2021
Total Views: 3114

Shipping

Baltic Dry Index Snaps 15-Session Winning Streak

May 6 (Reuters) – The Baltic exchange’s main sea freight index dropped from an 11-year peak on Thursday, breaking its 15-session winning steak,

May 6, 2021
Total Views: 1930

Wednesday, May 5, 2021
Shipping

Crew Welfare Charities Launch Fund to Help Indian Seafarers Amid Surging Virus Cases

A group of the leading seafarer welfare charities and other shipping industry stakeholders have launched a $1 million emergency relief fund to support

May 5, 2021
Total Views: 1744

container ship underway at sea
Shipping

Retail Brands Pledge Supply Chain Audit to Help Seafarers Stranded by COVID-19

By K. Oanh Ha (Bloomberg) — Unilever Plc and other big retail brands are among consumer giants adopting a toolkit to audit their shipping supply chains

May 5, 2021
Total Views: 1427

Shipping

Low Water on Parana River ‘Trims’ Argentine Farm Exports

By Hugh Bronstein and Maximilian Heath BUENOS AIRES, May 5 (Reuters) – Argentina’s Parana River, the grains superhighway that takes soy and corn

May 5, 2021
Total Views: 2261