Shipping

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


Tuesday, January 5, 2021
From Embargo to Embrace, Saudi Arabia Pushes Gulf Detente
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From Embargo to Embrace, Saudi Arabia Pushes Gulf Detente

By Aziz El Yaakoubi AL-ULA, Saudi Arabia, Jan 5 (Reuters) – Embracing Qatar’s ruler, Saudi Arabia’s Crown Prince pushed a deal to end a

January 5, 2021
Total Views: 769

Shipping

Rising Capesize, Panamax Rates Buoy Baltic Dry Index

Jan 5 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, climbed on Tuesday to its

January 5, 2021
Total Views: 2159

Monday, January 4, 2021
ZIM Plans IPO on New York Stock Exchange
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ZIM Plans IPO on New York Stock Exchange

Israeli shipping company ZIM Integrated Shipping Services has notified the U.S. Securities and Exchange Commission of its intention for an initial public

January 4, 2021
Total Views: 1933

Accidents

Evergreen Ship Loses 36 Containers Off Japan

An Evergreen Marine containership lost 36 containers over the side after the vessel encountered severe weather off the coast of Japan last week. The container

January 4, 2021
Total Views: 25435

Shipping

No Happy New Year for Shippers as Rates Stay Sky High

By Mike Wackett (The Loadstar) – The final Shanghai Containerized Freight Index (SCFI) for 2020, published on 31 December, recorded a staggering 190%

January 4, 2021
Total Views: 3819

U.S. Sanctions Push Venezuela’s Oil Exports to 1940’s Level
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U.S. Sanctions Push Venezuela’s Oil Exports to 1940’s Level

By Marianna Parraga and Mircely Guanipa Jan 4 (Reuters) – Pressured by strict U.S. sanctions, Venezuela’s oil exports plunged by 376,500 barrels

January 4, 2021
Total Views: 1247

Defense

U.S. Senate Backs Key Defense Bill, Overriding Trump Veto

The American Maritime Partnership (AMP) said the National Defense Authorization Act (NDAA) (H.R. 6395) includes the most consequential maritime legislation

January 4, 2021
Total Views: 1386

South Korean-Flagged Tanker Seized by Iran
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South Korean-Flagged Tanker Seized by Iran

By Parisa Hafezi and Hyonhee Shin DUBAI/SEOUL, Jan 4 (Reuters) – Iran’s Revolutionary Guards Corps seized a South Korean-flagged tanker in Gulf

January 4, 2021
Total Views: 3172

Shipping

American Maritime Partnership Salutes Passing of Defense Bill with ‘Significant Maritime Legislation’

The American Maritime Partnership is saluting Congress’s passing of the National Defense Authorization Act, which the advocacy group said includes some

January 4, 2021
Total Views: 1010

Saturday, January 2, 2021
New Year’s Eve Storm Breaks North Pacific Record
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New Year’s Eve Storm Breaks North Pacific Record

By Yereth Rosen ANCHORAGE, Alaska (Reuters) – A Pacific storm of record proportions swept a remote stretch of Alaska’s Aleutian Islands chain on

January 2, 2021
Total Views: 15416

Shipping

The Cleanest Fossil Fuel Is Set for a Post-Pandemic Rebound

By Anna Shiryaevskaya, Stephen Stapczynski and Sergio Chapa (Bloomberg) — Liquefied natural gas traders anticipate a swift demand recovery in 2021 after

January 2, 2021
Total Views: 19552

Thursday, December 31, 2020
Explosive Found on Dynacom Tanker Off Iraq
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Explosive Found on Dynacom Tanker Off Iraq

By Verity Ratcliffe, Khalid Al-Ansary and Alex Longley (Bloomberg) — An oil tanker off the coast of Iraq discovered an explosive object attached to

December 31, 2020
Total Views: 4086

Jeff Bezos Names Rocket Landing Ship After His Mother
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Jeff Bezos Names Rocket Landing Ship After His Mother

Even the world’s richest person has a soft spot for Mom. Centi-billionaire Jeff Bezos on Wednesday christened his Blue Origin rocket landing ship, naming

December 31, 2020
Total Views: 11673

Wednesday, December 30, 2020
gCaptain’s Most-Viewed Stories of 2020
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gCaptain’s Most-Viewed Stories of 2020

As 2020 comes to a close, we’re taking a look back at the stories that were read the most by readers. For probably the first time, we’re happy to

December 30, 2020
Total Views: 6853

containers at port of los angeles
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U.S. Saw Record Goods-Trade Gap in November

By Ana Monteiro (Bloomberg) — The U.S. merchandise-trade deficit widened to an all-time high in November as American companies imported a record value

December 30, 2020
Total Views: 885

Tuesday, December 29, 2020
Losing Bet on Covid Is Changing Oil-Trading Industry Forever
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Losing Bet on Covid Is Changing Oil-Trading Industry Forever

By Alfred Cang (Bloomberg) — In January, as a mysterious illness ripped through the Chinese city of Wuhan, global oil prices plunged. Two thousand

December 29, 2020
Total Views: 2598

EU Governments Approve Post-Brexit Trade Agreement With U.K.
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EU Governments Approve Post-Brexit Trade Agreement With U.K.

By Richard Bravo and Maria Tadeo (Bloomberg) — European Union governments formally approved the bloc’s post-Brexit trade accord with the U.K., paving

December 29, 2020
Total Views: 818

UAE Emerges as Hub for Companies Helping Venezuela Avoid U.S. Oil Sanctions
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UAE Emerges as Hub for Companies Helping Venezuela Avoid U.S. Oil Sanctions

By Luc Cohen and Marianna Parraga NEW YORK, Dec 29 (Reuters) – In June, the United States imposed sanctions on half a dozen oil tankers managed by

December 29, 2020
Total Views: 3353

Year In Review – Top Maritime Stories of 2020
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Year In Review – Top Maritime Stories of 2020

What a year! With 2020 coming to a close, we’re taking a look back at the maritime stories that continued to make headlines all year long. IMO 2020 The

December 29, 2020
Total Views: 14627

offshore wind farm under construction. DJ Mattaar / Shutterstock
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Orsted Enters $2.7 Billion Deal to Sell Stake in Taiwan

By Kati Pohjanpalo (Bloomberg) — Orsted A/S, the world’s biggest developer of offshore wind parks, has agreed to sell a stake in a farm off the coast

December 29, 2020
Total Views: 1195