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


Wednesday, August 2, 2023
cargo ships underway
Shipping

Leading Port State Control Regimes Launch Fire Safety Campaign

Two of the world’s largest port state control regimes are launching a joint inspection campaign related to fire safety on board vessels. The Tokyo MOU

August 2, 2023
Total Views: 1363

The CMA CGM Marco Polo container ship passes under the Verrazzano-Narrows Bridge, to enter New York Harbor. Photo: REUTERS/Brendan McDermid
Shipping

Transatlantic Carriers Change Course

By Mike Wackett (The Loadstar) – Transatlantic container rates from North Europe to the US east coast have fallen below pre-pandemic levels after ocean

August 2, 2023
Total Views: 3178

Russia Strikes Ukraine’s Danube Port, Sending Global Grain Prices Higher
Shipping

Russia Strikes Ukraine’s Danube Port, Sending Global Grain Prices Higher

KYIV, Aug 2 (Reuters) – Russia attacked Ukraine’s main inland port across the Danube River from Romania on Wednesday, sending global food

August 2, 2023
Total Views: 1315

Tuesday, August 1, 2023
Mexico’s Top Oil-Export Terminal Shut as Summer Demand Jumps
Shipping

Mexico’s Top Oil-Export Terminal Shut as Summer Demand Jumps

By Lucia Kassai (Bloomberg) — Petroleos Mexicanos shut down the country’s largest oil-exporting terminal because of a leak, adding to a string of

August 1, 2023
Total Views: 2161

Transocean Sees Increased Demand for High-Specification Floaters Amid Offshore Market Rebound
Shipping

Transocean Sees Increased Demand for High-Specification Floaters Amid Offshore Market Rebound

Offshore drilling contractor Transocean (NYSE: RIG) says it is seeing increased demand for its fleet of high-specification semi-submersible rigs and

August 1, 2023
Total Views: 1038

containership
Shipping

No Respite for Ocean Carriers as Long-Term Freight Rates Fall to Two-Year Low, Xeneta Says

Global long-term freight rates have fallen to a two-year low, with little respite on the horizon for carriers as new capacity hits the water, according to

August 1, 2023
Total Views: 1450

Canada Dock Workers’ Union, Employers Reach Tentative Deal to Avert Strike
Ports

Canada Dock Workers’ Union, Employers Reach Tentative Deal to Avert Strike

By David Ljunggren and Ismail Shakil OTTAWA (Reuters) – A dock workers’ union on Canada’s West Coast and port employers have

August 1, 2023
Total Views: 779

Monday, July 31, 2023
LNG Shipping Rates Poised to Sail Past $200,000 Per Day
Shipping

LNG Shipping Rates Poised to Sail Past $200,000 Per Day

By Ruth Liao (Bloomberg) — Traders are poised to shell out more than $200,000 a day to ship liquefied natural gas in the coming months as tankers grow

July 31, 2023
Total Views: 3532

OCI Reaches Milestone Green Methanol Supply Deal with X-Press Feeders
Shipping

OCI Reaches Milestone Green Methanol Supply Deal with X-Press Feeders

OCI Global, a global producer of nitrogen, methanol and hydrogen, has announced an agreement with X-Press Feeders to supply the common feeder carrier with

July 31, 2023
Total Views: 886

leyal ship recycling
Shipbuilding

More Turkish Shipbreakers Added to European List of Approved Ship Recycling Facilities

The European Commission has updated its list of approved ship recycling facilities, which now contains 48 yards located primarily in Europe and Turkey. The

July 31, 2023
Total Views: 1781

INTERCARGO Warns Against Complacency as Liquefaction Risk Looms Over Dry Bulk Shipping
Accidents

INTERCARGO Warns Against Complacency as Liquefaction Risk Looms Over Dry Bulk Shipping

Cargo liquefaction continues to be the number one cause of deadly accidents in the dry bulk shipping sector, according to industry association INTERCARGO.

July 31, 2023
Total Views: 3628

hyundai heavy industries shipbuilding
Shipbuilding

A Record $90 Billion in Ship Orders Loom Over the Shipping Industry

(Bloomberg) — The world’s biggest shipping companies are plowing their pandemic windfalls into orders for new vessels on an unprecedented scale, making

July 31, 2023
Total Views: 7816

Sunday, July 30, 2023
Pope Urges Russian ‘Brothers’ To Restore Black Sea Grain Deal
Shipping

Pope Urges Russian ‘Brothers’ To Restore Black Sea Grain Deal

By Alvise Armellini VATICAN CITY, July 30 (Reuters) – Pope Francis on Sunday called on Russia to reverse its decision to abandon the Black Sea grain

July 30, 2023
Total Views: 1619

Friday, July 28, 2023
Judge Gavel
Shipping

Virginia Businessman Sentenced to 41-Months in Prison in Iranian Petrochemical Scheme

A Virginia businessman has been sentenced to 41 months in prison for violating U.S. sanctions against Iran by conspiring to engage in prohibited business

July 28, 2023
Total Views: 1679

Maersk's methanol-fueled feeder ship bunkers green methanol fuel in Singapore. Photo courtesy Maritime & Port Authority of Singapore (MPA)
Shipping

Port of Singapore Marks First Methanol Bunkering

The Port of Singapore, the world’s largest bunkering port, has marked its first methanol bunkering. The milestone operation took place Thursday involving

July 28, 2023
Total Views: 1870

The LNG-powered containership, the CMA CGM, on the river Elbe near the city of Hamburg, Germany, February 14, 2021. Photo: FrankHH / Shutterstock.com
Shipping

CMA CGM Braced for Weaker Profit Before Demand Pick-Up in 2024

PARIS, July 28 (Reuters) – French shipping group CMA CGM expects container freight demand to improve from next year but the

July 28, 2023
Total Views: 774

Trucks At Port Of LA
Shipping

FMC Improves Container Data-Sharing to Address Supply Chain Bottlenecks

By Alex Whiteman (The Loadstar) – The U.S. Federal Maritime Commission (FMC) this week unveiled plans for a major shake-up in the collection and return

July 28, 2023
Total Views: 831

Commercial vessels including vessels which are part of Black Sea grain deal wait to pass the Bosphorus strait off the shores of Yenikapi during a misty morning in Istanbul, Turkey, October 31, 2022. REUTERS/Umit Bektas/File Photo
Shipping

Russia Threatens Civilian Vessels in Black Sea, Ukraine Says

KYIV, July 28 (Reuters) – A senior Ukrainian official accused Russia on Friday of threatening civilian vessels in the Black Sea, and urged the

July 28, 2023
Total Views: 1375

“K” Line Confirms Nearly 500 Electric Vehicles on Burning Car Carrier in the North Sea
Shipping

“K” Line Confirms Nearly 500 Electric Vehicles on Burning Car Carrier in the North Sea

AMSTERDAM, July 28 (Reuters) – The car carrier burning off the Dutch coast since Tuesday night is carrying nearly 500 electric

July 28, 2023
Total Views: 14918

Thursday, July 27, 2023
Smoke rises as a fire broke out on the cargo ship Fremantle Highway, at sea on July 26, 2023. Coastguard Netherlands Photo
Accidents

Ocean Shippers Playing Catch Up to Electric Vehicle Fire Risk

By Lisa Baertlein and Anthony Deutsch LOS ANGELES/AMSTERDAM, July 27 (Reuters) – Electric vehicles are crisscrossing the globe to reach their

July 27, 2023
Total Views: 10990
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gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.