Shipping

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


Thursday, September 19, 2024
Bulk carrier inspection
Shipping

Ukraine War: US Warns Allies of Russia’s Sabotage Threats Against Global Shipping

By Alberto Nardelli, Jenny Leonard and Natalia Drozdiak (Bloomberg) — The US has warned its allies that Russia is targeting cargo shipping companies as

September 19, 2024
Total Views: 1036

Second ‘Shadow Fleet’ LNG Carrier Navigates Arctic’s Harsh Ice Conditions
Shipping

Second ‘Shadow Fleet’ LNG Carrier Navigates Arctic’s Harsh Ice Conditions

By Malte Humpert (gCaptain) – Undeterred by tough sea ice conditions in the East Siberian and Chukchi Sea, Russia has dispatched a conventional LNG carrier

September 19, 2024
Total Views: 1017

Wednesday, September 18, 2024
an overhead view of port of los angeles docks
Ports

U.S. Port Strike Would Spark Supply Chain Problems from the Outset, CMA CGM Warns

By Lisa Baertlein LOS ANGELES, Sept 18 (Reuters) – A threatened Oct. 1 strike by dockworkers at ports on the U.S. East Coast and Gulf

September 18, 2024
Total Views: 2383

A worker on a container crane at the Port of Los Angeles
Ports

Port of Los Angeles Sees Record-Breaking Cargo Surge

The Port of Los Angeles experienced its busiest non-pandemic month ever in August 2024, handling 960,597 Twenty-Foot Equivalent Units (TEUs), a 16% increase

September 18, 2024
Total Views: 1490

Matson ship with tug assitance in Port of Oakland
Shipping

California Maritime Safety Bill Awaits Governor’s Signature

California’s maritime industry is calling on Governor Gavin Newsom to sign Assembly Bill 1122 into law, citing crucial safety and operational benefits

September 18, 2024
Total Views: 1301

Accidents

U.S. Sues DALI Shipowner and Manager for $100 Million Over Baltimore Bridge Collapse

The U.S. Justice Department filed a civil lawsuit on Wednesday against the owner and operator of the containership that destroyed the Francis Scott Key Bridge

September 18, 2024
Total Views: 3744

Shipping

Russian Oil Earnings Slide as Waning Prices Counter Higher Flows

(Bloomberg) — A further slump in weekly average oil prices more than offset a small increase in flows from Russian ports, intensifying pressure

September 18, 2024
Total Views: 606

Shipping

Dry Bulk Ship Recycling Hits 16-Year Low

Dry bulk ship recycling has plummeted to its second-lowest level in 16 years, with only 45 ships recycled so far in 2024, according to BIMCO, the world’s

September 18, 2024
Total Views: 732

A Maersk containership berthed at the Port of Tanjung Pelepas in Malaysia.
Shipping

Maersk: Global Shipping Market Poised for Balance Despite Challenges

The global shipping industry is expected to achieve a more balanced supply and demand environment as it enters the fourth quarter of 2024, according to

September 18, 2024
Total Views: 1128

Ports

Trade Groups Urge Biden to Act as East and Gulf Coast Port Strike Looms

A coalition of 177 trade associations has appealed to President Biden for immediate intervention in stalled labor negotiations between the International

September 18, 2024
Total Views: 2743

Tuesday, September 17, 2024
Energy

Carbon Negative Energy – Woodland Biofuels Invests $1.35 Billion in Louisiana for Negative Carbon Facility

Toronto-based Woodland Biofuels has unveiled plans for a groundbreaking $1.35 billion investment at the Port of South Louisiana. The project aims to establish

September 17, 2024
Total Views: 2254

Ports

Biden Won’t Block Potential Strike at U.S. Ports, Administration Says

By Lisa Baertlein and David Shepardson LOS ANGELES/WASHINGTON, Sept 17 (Reuters) – U.S. President Joe Biden does not intend to invoke a federal law to

September 17, 2024
Total Views: 3704

Shipping

Exclusive Photos: Fire Continues to Rage on SOUNION Tanker in Red Sea

The Greek-registered oil tanker MT SOUNION has been successfully towed to a safe area in the Red Sea, marking a crucial step in a complex salvage operation.

September 17, 2024
Total Views: 3079

A Philippine supply boat sails near a Chinese Coast Guard ship during a resupply mission for Filipino troops stationed at a grounded warship in the South China Sea, October 4, 2023. REUTERS/Adrian Portugal/File Photo
Shipping

WATCH: ‘The Most Dangerous Conflict No One is Talking About’

In this gripping 60 Minutes segment, tensions in the South China Sea reach a boiling point as China and the Philippines clash over territorial claims. The

September 17, 2024
Total Views: 3100

A fire on board the Maersk Frankfurt in the Arabian Sea, July 19, 2024. Photo via Indian Coast Guard
Shipping

Maritime Safety at Risk as Nations Fail to Report Container Inspections

The Cargo Integrity Group (CIG), an industry collective dedicated to improving safety in the global supply chain, is sounding the alarm on a critical gap in

September 17, 2024
Total Views: 2454

Port of savannah ship loading at berth
Ports

US East and Gulf Coast Ports Brace for Potential Strike as Container Imports Surge

The U.S. container shipping industry is facing a critical juncture as a potential labor strike threatens to disrupt operations at East and Gulf Coast ports,

September 17, 2024
Total Views: 3902

Shipbuilding

Svitzer Orders World’s First Battery-Methanol Tug

Svitzer, a global leader in towage services, has announced a groundbreaking contract with Turkish shipyard Uzmar to construct the world’s first

September 17, 2024
Total Views: 935

Monday, September 16, 2024
Shipping

Russia’s LNG ‘Shadow Fleet’ Without Deliveries Six Weeks After First Loading

By Malte Humpert (gCaptain) – Russia’s nascent LNG shadow fleet remains in a state of disarray with no completed deliveries more than six weeks after LNGC

September 16, 2024
Total Views: 25398

Shipping

Biden Administration Invests $300 Million to Modernize U.S. Ferry Systems

The Federal Transit Administration (FTA) has announced nearly $300 million in grants to expand and modernize ferry systems across the United States. The

September 16, 2024
Total Views: 1503

Shipping

Philippines to Continue to Send Vessels to Contested South China Sea Shoal

MANILA, Sept 16 (Reuters) – The Philippines will continuously deploy vessels in the contested Sabina Shoal in the South China

September 16, 2024
Total Views: 1048