Shipping

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


Wednesday, November 20, 2024
Jane McAllister works a ZIM containership at the Port of Virginia. Photo courtesy McAllister Towing
Shipping

ZIM Rewards Investors with Massive Dividend Payout

Israeli shipping line ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) has reported stellar third-quarter results for 2024 amid record volumes and higher

November 20, 2024
Total Views: 1665

Tuesday, November 19, 2024
Massive Bomb Cyclone Explodes Off Pacific Northwest: Mariners Face Hurricane-Force Winds and 36-Foot Seas
Marine Weather

Massive Bomb Cyclone Explodes Off Pacific Northwest: Mariners Face Hurricane-Force Winds and 36-Foot Seas

A rapidly intensifying weather system, known as a “bomb cyclone,” has developed off the U.S. West Coast, creating perilous conditions for mariners

November 19, 2024
Total Views: 3744

MV Glen Sannox departure
Shipping

MV Glen Sannox: A Long-Awaited Ferry Finally Approved for Passenger Service

The long-awaited MV Glen Sannox, under construction at Scotland’s Ferguson Marine shipyard, has officially received regulatory approval to carry passengers.

November 19, 2024
Total Views: 1910

A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf.REUTERS/Raheb Homavandi//File Photo
Shipping

Iran Rejects European and British Sanctions on Its Shipping Lines as ‘Unjustified’

New EU and British sanctions are based on false claims of missile transfers to Russia and are "unjustified," Iran Foreign Ministry spokesperson Esmaeil

November 19, 2024
Total Views: 726

A tug escorts a containership at the Port of Los Angeles, California. Photo: Robert V Schwemmer / Shutterstock.com
Ports

Green Shipping Corridors Face ‘Feasibility Wall’

The maritime industry’s ambitious push towards zero-emission shipping through green corridors is gaining momentum but faces critical challenges,

November 19, 2024
Total Views: 765

irisl containers
Shipping

UK Tightens Grip on Iran with New Sanctions Targeting Shipping and Aviation Sectors

The UK government on Monday announced a new round of sanctions targeting key Iranian entities in the shipping and aviation sectors, part of a broader

November 19, 2024
Total Views: 540

Monday, November 18, 2024
FILE PHOTO: Rep. Sean Duffy, R-WI, questions Federal Reserve Chairman Jerome Powell during his testimony before a House Financial Services Committee hearing on the "Semiannual Monetary Policy Report to Congress", at the Rayburn House Office Building in Washington, U.S., July 18, 2018. REUTERS/Mary F. Calvert/File Photo
Shipping

Trump Taps Fox Host and Former Congressman Sean Duffy for Transportation Secretary

President-Elect Donald Trump has nominated former Congressman Sean Duffy as the next Secretary of Transportation, a move likely to spark discussion within the

November 18, 2024
Total Views: 2747

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

Second Subsea Cable Cut in Baltic Sea, Germany and Finland Fear Sabotage

Two undersea fiber-optic communications cables in the Baltic Sea, including one linking Finland and Germany, were severed, raising suspicions of sabotage by

November 18, 2024
Total Views: 4381

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
Shipping

One Year After Galaxy Leader Hijacking, Maritime Industry Continues to Face Unprecedented Crisis

One year after the hijacking of the M/V Galaxy Leader, the maritime industry continues to grapple with an unprecedented crisis in the Red Sea. The car carrier,

November 18, 2024
Total Views: 1693

Maersk Halifax in dry dock
Environment

Maersk Halifax Makes History as First Large Containership Converted to Methanol Fuel

The 2017-built Maersk Halifax has become the first large containership to be converted to methanol fuel, Maersk announced on Monday. The extensive retrofit

November 18, 2024
Total Views: 4831

LNG carrier
Shipping

LNG Tankers Divert to Europe From Asia After Russia Halts Supplies to Austria’s OMV

At least five cargoes of liquefied natural gas have diverted from Asia to Europe in the past few days, drawn by higher gas prices on the continent after

November 18, 2024
Total Views: 5651

port of savannah
Shipping

Project44: China Imports Surge as U.S. Shippers Navigate Tariffs

New data from supply chain technology provider project44 reveals a significant uptick in U.S. imports from China during this year’s ocean peak season.

November 18, 2024
Total Views: 3526

Greek navy warship underway with a helicopter during a NATO naval exercise
Shipping

Greece Extends Drills Hampering Transfer of Russian Oil Cargoes

Greece’s navy extended for a sixth time a series of naval drills, prolonging them by another four months as the country tries to deter Russian oil transfers

November 18, 2024
Total Views: 915

NWS OPC 48-hour surface forecast for Nov 18, 2024
Marine Weather

Massive “Bomb Cyclone” to Unleash Hurricane-Force Winds and Towering Waves Off U.S. West Coast

A powerful weather system is set to explode off the U.S. West Coast, bringing with it hurricane-force winds and massive wave heights. The rapidly intensifying

November 18, 2024
Total Views: 4496

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
Featured

Subsea Cable Linking Finland and Germany Severed

A fiber optic communications cable linking Finland and Germany along the seabed has stopped working and may have been severed by an outside force, Finnish

November 18, 2024
Total Views: 12102

iran container ship
Shipping

EU Tightens Grip on Iran: New Sanctions Target Shipping Routes, IRISL in Response to Russia Support

The European Union has expanded its sanctions framework to curb Iran’s military support to Russia, focusing on disrupting key shipping routes and

November 18, 2024
Total Views: 716

Sunday, November 17, 2024
FILE PHOTO: Shutterstock/Vallehr
Shipping

China Plans First Bio-Marine Fuel Export Quotas For 2025

SINGAPORE, Nov 15 (Reuters) – China is planning its first export quota for marine bunker that is blended with biodiesel, partly to

November 17, 2024
Total Views: 1738

Sounion oil tanker on fire in Red Sea. EUNAVFOR ASPIDES/Handout via REUTERS
Shipping

Ship Off Yemen Reports Missile Fell Into Red Sea Nearby

CAIRO, Nov 17 (Reuters) – A ship passing through the Red Sea 25 nautical miles west of Al-Mukha, Yemen, reported on Sunday that a missile had splashed

November 17, 2024
Total Views: 4880

Saturday, November 16, 2024
A view of a container at China's state-owned Cosco Shipping Chancay port inaugurated during the APEC Summit, in Chancay, Peru, in this handout image released on November 14, 2024. APEC Peru/Handout via REUTERS.
Shipping

Trump Ally Urges Duties on Goods Shipped Via China’s Peru Port

By Eric Martin Nov 16, 2024 (Bloomberg) –A veteran adviser to Donald Trump is proposing that the 60% tariffs that the President-elect has vowed to

November 16, 2024
Total Views: 3621

Norway Electric Ferry
Shipping

India Studying $2 Billion Incentive Plan for Greener Boats

By Shruti Srivastava Oct 15, 2024 (Bloomberg) —India is finalizing plans to offer almost $2 billion in incentives to replace fossil-fuel powered

November 16, 2024
Total Views: 1094