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


Wednesday, November 15, 2023
A diver inspects the propeller of the M/V Berge Torre in Turkey.
Shipping

Cocaine Found Tied to Anchor on Berge Bulk Ship in Turkey

Turkish authorities have seized nearly 52 kilograms of cocaine that was found wrapped in plastic and tied to the chain of a ship’s anchor. The operation

November 15, 2023
Total Views: 7427

Wärtsilä Launches First Ammonia-Fueled 4-Stroke Ship Engine
Shipping

Wärtsilä Launches First Ammonia-Fueled 4-Stroke Ship Engine

Wärtsilä has unveiled the marine sector’s first commercially available 4-stroke engine-based solution for ammonia fuel. The Finnish technology group

November 15, 2023
Total Views: 2410

A containership in port
Shipping

Danaos Navigates Market Uncertainty with Strong Q3 Profits

By Mike Wackett (The Loadstar) – Greece-based non-operating containership owner (NOO) Danaos recorded another strong result in the third quarter,

November 15, 2023
Total Views: 573

Grain is loaded onto a ship in Odessa, Ukraine, August 9, 2021
Shipping

New War Risk Ship Insurance Program to Cut Grain Costs

LONDON, Nov 15 (Reuters) – Insurance broker Marsh , Lloyd’s of London insurers and Ukrainian state banks have launched a programme to cut the

November 15, 2023
Total Views: 545

Stock photo of an oil tanker moored at sea
Shipping

Russian Oil Tankers Not Targeted in EU Sanctions Proposal -Diplomats

Nov 15 (Reuters) – Russian oil tankers are not targeted in the European Commission’s proposal for tightening the implementation of a

November 15, 2023
Total Views: 762

Tuesday, November 14, 2023
LNG carrier in open sea during daytime
Shipping

North America’s LNG Export Capacity Expected to Double by 2027

North America’s liquefied natural gas (LNG) export capacity is set to more than double by the end of 2027 with the addition of new LNG export terminals

November 14, 2023
Total Views: 1647

B+H Shipping's Michael Hudner on the cover of Tradewinds.
Shipping

Watch: Life Lessons from Viral ‘Billionaire Shipowner’ Michael Hudner

This is a fascinating interview with an interesting backstory of how it came to be. A few months ago Youtuber Noah Kagan was out on the streets of New

November 14, 2023
Total Views: 4857

Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

US Alarms Tanker Owners With Russian Price Cap Letters

(Bloomberg) — The US Treasury’s sudden flurry of letters to tanker companies for potentially breaching a Group of Seven price cap on Russian oil

November 14, 2023
Total Views: 3148

ships at anchor
Shipping

Kremlin Dismisses US Probe Into Oil Sanctions

MOSCOW, Nov 14 (Reuters) – The Kremlin said on Tuesday that Russia was acting in its own interests when asked about a probe by the United

November 14, 2023
Total Views: 585

A silhouette of a ship underway in the distance at dusk
Shipping

Houthi Leader Threatens to Attack Israeli Ships in Red Sea

By Mohammed Alghobari ADEN, Nov 14 (Reuters) – Yemen’s Houthi leader said on Tuesday his forces would make further attacks on Israel and

November 14, 2023
Total Views: 1307

Bulk carrier Aroyat arrives to the sea port of Chornomorsk. Photo REUTERS/Stringer
Shipping

Ukraine and Britain Reach Deal on Discounted Insurance for Black Sea Exports

By Pavel Polityuk KYIV, Nov 14 (Reuters) – Ukraine and Britain have agreed on a special mechanism for discounts on war risk insurance on exports through

November 14, 2023
Total Views: 700

Monday, November 13, 2023
A containership arrives at the Port of Rotterdam
Shipping

Shipping Industry Faces Rising Fuel Costs from Energy Transition

The cost of fuel in shipping’s energy transition will increase along with compliance costs, according to an executive at Yara Marine Technologies. The

November 13, 2023
Total Views: 1567

Odfjell tanker Tankers Bow Olympus on the river Elbe near Wedel, Port of Elbe, April 17, 2021.
Shipping

Odfjell Expands Chemical Tanker Fleet with Six Newbuilds

Oslo-based Odfjell SE, a leading global chemical tanker company, has announced the expansion of its fleet with the addition of six newbuildings. The vessels

November 13, 2023
Total Views: 1575

Australia Cyberattack Leaves 30,000 Containers Stuck at Ports
Shipping

Australia Cyberattack Leaves 30,000 Containers Stuck at Ports

(Bloomberg) — DP World Plc is struggling to work through a backlog of 30,000 shipping containers piled up at ports across Australia as the company

November 13, 2023
Total Views: 1679

File photo of an oil tanker at sea
Shipping

US Investigating 30 Ship Managers Over Suspected Russia Oil Sanctions Violations

WASHINGTON, Nov 13 (Reuters) – The U.S. Treasury Department has sent notices to ship management companies requesting information about 100 vessels it

November 13, 2023
Total Views: 3728

An LNG carrier at night
Shipping

Capital Product Partners Shifts Focus to LNG Carriers

Capital Product Partners L.P. (NASDAQ: CPLP) has announced its entry into an umbrella agreement with Capital Maritime & Trading Corp. and Capital GP L.L.C.

November 13, 2023
Total Views: 441

Sunday, November 12, 2023
A shipping container passes through the Suez Canal in Suez. REUTERS/Mohamed Abd El Ghany/File Photo
Shipping

Shipping Shifts From Jackpot To Job Cuts After $364 Billion Boom

By Brendan Murray and Tara Patel Nov 12, 2023 (Bloomberg) –Consumers gearing up to buy the latest imported appliances, clothes or electronic gadgets

November 12, 2023
Total Views: 8426

Saturday, November 11, 2023
An LNG carrier transits through the Panama Canal. Photo credit: Flystock/Shutterstock
Shipping

Soaring Fees At Panama Canal Have LNG Shippers Taking Long Route

By Ruth Liao (Bloomberg) –Liquefied natural gas shippers increasingly are opting to travel up to two weeks longer and almost 6,000 nautical miles

November 11, 2023
Total Views: 14342

Friday, November 10, 2023
Mega Container-ship CMA CGM Louis Bleriot
Shipping

CMA CGM Urges Industry to Avoid Price War

By Tara Patel (Bloomberg) — CMA CGM SA, the world’s No. 3 container carrier, urged the industry to avoid a price war as the delivery of new vessels

November 10, 2023
Total Views: 3117

FILE PHOTO: Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, as it sails in the Strait of Gibraltar towards the port of Algeciras, Spain January 19, 2023. REUTERS/Jon Nazca/File Photo
Shipping

Ocean Carriers’ Race to the Bottom Hits Earnings

By Alexander Whiteman (The Loadstar) – Carriers are themselves driving the rates ‘race to the bottom’ they warned would lead to a “dire

November 10, 2023
Total Views: 7665
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gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.