Shipping

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


Sunday, January 12, 2025
Containers are seen at the Yangshan Deep-Water Port in Shanghai.REUTERS/Aly Song
Shipping

Chinese Exports Rise To Record Ahead Of Looming Trump Tariffs

By Bloomberg News Jan 12, 2025 (Bloomberg) —Chinese exports hit a record high as companies rushed to get goods out the door to make up for sluggish

January 12, 2025
Total Views: 2936

The Druzhba oil pipeline between Hungary and Russia is pictured at the Hungarian MOL Group's Danube Refinery in Szazhalombatta.Picture taken May 18, 2022. REUTERS/Bernadett Szabo
Shipping

Hungary Plans Talks On Oil Prices After US Sanctions On Russia

BUDAPEST, Jan 12 (Reuters) – Hungary plans to hold talks with regional allies to counter the impact of higher oil prices resulting from a new

January 12, 2025
Total Views: 2328

Friday, January 10, 2025
Suspected shadow fleetl tanker Eagle S anchored near the Kilpilahti port in Porvoo
Shipping

Biden’s Sweeping Sanctions Target Russia’s Oil Exports as Trump Prepares for Office

U.S. President Joe Biden's administration imposed its broadest package of sanctions so far targeting Russia's oil and gas revenues on Friday, in an effort to

January 10, 2025
Total Views: 1922

Oil Tankers Back Up Near Yemeni Port After Israel Hits Tugs
Shipping

Oil Tankers Back Up Near Yemeni Port After Israel Hits Tugs

(Bloomberg) — An unusually large flotilla of merchant vessels has backed up near Yemen’s Ras Isa port in the Red Sea after Israeli air raids damaged

January 10, 2025
Total Views: 14214

MT SOUNION pictured September 12, 2024 in the Red Sea
Defense

SOUNION Salvaged! Complex Operation Prevents Major Environmental Disaster in Red Sea

Maritime security firm Ambrey has confirmed the successful salvage of the MT SOUNION, a Greek-owned oil tanker that became a focal point as one of the

January 10, 2025
Total Views: 2541

Thursday, January 9, 2025
MV Algoma Verity at sea
Shipping

Bulk Carrier Carrying 45,000 Tons of Salt Runs Aground in Delaware River

The 623-foot motor vessel Algoma Verity ran aground in the Delaware River approximately one mile north of Philadelphia’s Benjamin Franklin Bridge on

January 9, 2025
Total Views: 4373

FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump takes the stage following early results from the 2024 U.S. presidential election in Palm Beach County Convention Center, in West Palm Beach, Florida
Ports

ILA Union Gives Trump ‘Full Credit’ for Helping Secure Labor Contract with Port Employers

The International Longshoremen’s Association (ILA) is crediting President-elect Donald Trump with helping to secure a landmark six-year master contract

January 9, 2025
Total Views: 3066

A tanker ship is seen in the English Channel at sunrise, near Dover, Britain, August 4, 2021. REUTERS/Peter Nicholls/File Photo
Environment

47 Nations and Shipping Industry Back Bold IMO Carbon Pricing Proposal

A coalition of 47 governments and the shipping industry is proposing a groundbreaking greenhouse gas (GHG) emissions pricing mechanism for international

January 9, 2025
Total Views: 1477

Martyrs’ Day Protest: Panama Reminds Trump ‘The Canal is Ours’
Shipping

Martyrs’ Day Protest: Panama Reminds Trump ‘The Canal is Ours’

 Hundreds of Panamanians marched on Thursday to mark the anniversary of a deadly uprising against U.S. control of the Panama Canal in 1964, with some

January 9, 2025
Total Views: 2447

U.S. President Joe Biden provides an update on the Hurricane Helene response and recovery efforts, during remarks in the White House Oval Office in Washington, U.S., September 30, 2024. REUTERS/Evelyn Hockstein
Shipping

Biden Set to Push New Russia Sanctions Before Trump Takes Office

President Joe Biden is expected to unveil new sanctions targeting Russia's economy this week, according to a U.S. official, as part of measures to bolster

January 9, 2025
Total Views: 820

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

EPA Approves California’s Controversial Harbor Craft Emissions Rule Despite Industry Safety Concerns

The U.S. Environmental Protection Agency has approved the majority of California’s waiver requests for its controversial Commercial Harbor Craft (CHC)

January 9, 2025
Total Views: 1354

Finnish Border Guard's ship Turva and oil tanker Eagle S sail on the sea outside the Porkkalanniemi, Finland
Shipping

Baltic Sea Cable Probe: Finnish Investigators Suspect Shadow Tanker ‘Eagle S’ Dragged Anchor for Over 60 Miles

Finnish authorities investigating damage to the critical Estlink2 undersea cable in the Baltic Sea suspect the Russian shadow fleet vessel Eagle S may have

January 9, 2025
Total Views: 10264

FILE PHOTO: Docked cargo ships are loaded with shipping containers at Port Elizabeth, New Jersey, U.S., July 12, 2023.
Shipping

US East Coast Shipping Rates Expected to Cool After ILA-USMX Deal

A potentially devastating strike at U.S. East Coast and Gulf Coast ports has been averted following a tentative six-year agreement between port workers and

January 9, 2025
Total Views: 440

STRAIT OF HORMUZ (May 3, 2023) A screenshot of a video showing fast-attack craft from Iran’s Islamic Revolutionary Guard Corps Navy swarming Panama-flagged oil tanker Niovi as it transits the Strait of Hormuz, May 3, 2023. U.S. Navy Photo
Defense

Shipping in the Crosshairs: What Trump’s Return Could Mean for Iran and Maritime Trade

As the incoming Trump administration sets the stage for its foreign policy agenda, the maritime industry is bracing for the potential ripple effects of renewed

January 9, 2025
Total Views: 2967

Wednesday, January 8, 2025
MSC Tessa, one of the world's largest containerships, under construction at Hudong-Zhonghua Shipbuilding in Shanghai, China. Photo courtesy CSSC.
Shipbuilding

Record Containership Orderbook Signals Major Fleet Expansion Through 2029, BIMCO Reports

The container shipping industry is poised for unprecedented growth as its orderbook hits historic highs, with potential major implications for global maritime

January 8, 2025
Total Views: 1550

Oil tanker in Ningbo Zhoushan port
Shipping

China Foreign Ministry Not Aware of Shandong Port Group Ban on Sanctioned Ships

China's foreign ministry said on Wednesday it was not aware of Shandong Port Group's decision to ban U.S.-sanctioned vessels from its network of east coast

January 8, 2025
Total Views: 1599

Oil tanker Eagle S suspected of the disruption of the Finland-Estonia electrical link Estlink 2.Jussi Nukari/Lehtikuva/via REUTERS
Shipping

Finnish Authorities Find Alarming Safety Deficiencies on Russian Tanker Suspected Cable Damage

Finnish maritime authorities have detained the tanker Eagle S following a port state control inspection that revealed numerous serious safety deficiencies. The

January 8, 2025
Total Views: 6394

Tuesday, January 7, 2025
Aerial of Liquified Natural Gas LNG carrier moored to a small gas terminal
Shipping

Trump Promised Swift Action on LNG Exports, but Advisers Preaching Patience

Advisers to U.S.President-elect Donald Trump are urging him to take a patient approach to restarting approvals for liquefied natural gas export licenses,

January 7, 2025
Total Views: 1457

tanker at sea
Shipping

U.S. Tanker Stocks Surge After Pentagon Blacklists Major Chinese Maritime Players

U.S.-listed tanker stocks rallied sharply on Tuesday, with some shares jumping as much as 10% after the Pentagon added several Chinese maritime giants to its

January 7, 2025
Total Views: 3884

Aerial photo of an oil tanker at anchor. Stock Photo: Nickeo23/Shutterstock
Shipping

Global Crude Exports Dipped in 2024 as Trade Routes Reshuffled Again

The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic, shipping data showed, due to weak demand growth and as

January 7, 2025
Total Views: 447