Shipping

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


Monday, November 25, 2024
Accidents

Canadian Freighter ‘Tim S. Dool’ Hard Aground in St. Lawrence River

A Canadian-flagged bulk carrier, the Tim S. Dool, is currently hard aground on the U.S. side of the St. Lawrence River, prompting a complex salvage operation.

November 25, 2024
Total Views: 11737

Shipping

UK Cracks Down on Russia’s Shadow Fleet with Largest Sanctions Package to Date

The UK has sanctioned 30 vessels from Russia’s so-called “shadow fleet” representing a decisive move to curtail Russia’s ability to fund its war in

November 25, 2024
Total Views: 2913

Shipping

Sixteen Missing After Tourist Boat Sinks off Egypt’s Red Sea Coast

 Sixteen people including 12 foreign nationals are missing after a tourist boat sank off Egypt's Red Sea coast, the local government said on

November 25, 2024
Total Views: 2786

The groundbreaking zero-emission, hydrofoiling ferry will reduce travel times for Tahoe locals and visitor
Shipping

Nation’s First Electric Hydrofoil Ferry Coming to Lake Tahoe

Lake Tahoe, the pristine alpine lake located in the Sierra Nevada mountain range, is poised to make maritime history with the introduction of the first

November 25, 2024
Total Views: 2002

Marine Weather

Record-Breaking 2024 Atlantic Hurricane Season Winds Down After Unprecedented Late-Season Surge

The 2024 Atlantic hurricane season is drawing to a close on November 30, marking a year of extraordinary storm activity that defied typical patterns. With 18

November 25, 2024
Total Views: 1100

Shipping

Iran Braces for Trump Reset With Economy Buckling From Sanctions

When Donald Trump first entered the White House in 2017, Cyrus Razzaghi was running an Iranian business consultancy, advising US, Japanese and European

November 25, 2024
Total Views: 1563

Saturday, November 23, 2024
Shipping

KKR, Mitsui OSK Said Among Bidders in €1.5 Billion LBC Tank Sale

US private equity firm KKR & Co. and Japanese shipping company Mitsui OSK Lines Ltd. are among bidders for bulk liquid storage company LBC Tank Terminals,

November 23, 2024
Total Views: 1582

Friday, November 22, 2024
Shipping

China-Mexico Trade Hits Record Volumes, But Volatility Looms in 2025

The China-Mexico trade route has experienced unprecedented growth in 2024, with shipping volumes surging 18.9% in the first nine months compared to 2023,

November 22, 2024
Total Views: 1191

Shipping

U.S. Coast Guard Sounds Alarm on Cyber Threats from Chinese Port Cranes

The U.S. Coast Guard has issued a new cybersecurity directive targeting Chinese-manufactured ship-to-shore cranes, addressing mounting concerns over national

November 22, 2024
Total Views: 5803

Shipping

Nut Allergy? Singapore and Rotterdam Ships Hit by Cashew-Related Failures

Several ships in Singapore and Rotterdam reported operational problems in recent months after using marine fuel blended with cashew nutshell liquid biofuel,

November 22, 2024
Total Views: 3833

Shipping

FAK Fantasy: Carriers Struggle to Keep Rates Afloat

Container spot rates were largely unchanged for a third consecutive week, as it became evident that a 15 November rate hike on Asia-Europe trades had failed to

November 22, 2024
Total Views: 1112

Thursday, November 21, 2024
Shipping

Container Shipping Hedges Green Transition With Dual-Fuel Vessel Orders

Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash

November 21, 2024
Total Views: 594

Shipping

Australia Bans Dutch Cargo Ship for 180 Days Over Repeated Safety Violations

The Australian Maritime Safety Authority (AMSA) has issued a 180-day ban on the Netherlands-flagged general cargo ship Marsgracht, prohibiting its entry into

November 21, 2024
Total Views: 1490

Shipping

UK Cracks Down on Russian Oil Sanctions Evasion: New Advisory Targets Falsified Origin Certificates

The UK’s sanctions enforcement agency said it has identified cases where falsified documents are being used to evade a Group of Seven price cap on Russian

November 21, 2024
Total Views: 681

Wednesday, November 20, 2024
Shipping

Container Shipping Industry Sees Exponential Profit Surge Driven by Red Sea Situation

The container shipping industry has experienced a remarkable turnaround in the third quarter of 2024, with total net income soaring to $26.8 billion, marking a

November 20, 2024
Total Views: 2428

Ports

Cargo Surge Continues at Port of Los Angeles

The Port of Los Angeles handled an unprecedented 905,026 Twenty-Foot Equivalent Units (TEUs) in October—marking a significant 25% increase from the previous

November 20, 2024
Total Views: 1011

Shipping

Seaspan Energy Secures First LNG Bunkering Accreditation at Port of Vancouver

Seaspan Energy has received the first-ever liquefied natural gas (LNG) bunkering accreditation from the Vancouver Fraser Port Authority (VFPA). This landmark

November 20, 2024
Total Views: 1297

Defense

Danish Navy Staying With Chinese Ship Suspected of Severing Baltic Sea Cables

The Danish military said on Wednesday that it was staying close to a Chinese ship currently sitting idle in Danish waters, days after two fiber-optic data

November 20, 2024
Total Views: 5555

Shipping

ZIM Rewards Investors with Massive Dividend Payout

Israeli shipping line ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) has reported stellar third-quarter results for 2024 amid record volumes and higher

November 20, 2024
Total Views: 1680

Tuesday, November 19, 2024
Massive Bomb Cyclone Explodes Off Pacific Northwest: Mariners Face Hurricane-Force Winds and 36-Foot Seas
Marine Weather

Massive Bomb Cyclone Explodes Off Pacific Northwest: Mariners Face Hurricane-Force Winds and 36-Foot Seas

A rapidly intensifying weather system, known as a “bomb cyclone,” has developed off the U.S. West Coast, creating perilous conditions for mariners

November 19, 2024
Total Views: 3764