Shipping

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


Thursday, July 18, 2024
Shipping

Global Shipping Strains Spark Fears of an Inflation Comeback

(Bloomberg) — Jason Starr felt the first flashbacks of pandemic PTSD back in mid-April. That’s when the vice president of operations at

July 18, 2024
Total Views: 950

Shipping

Suez Canal Revenue Drops as Some Shippers Shun Red Sea

July 18 (Reuters) – The Suez Canal’s annual revenue dropped by almost a quarter in its latest financial year as some shippers switched to

July 18, 2024
Total Views: 1551

Shipping

CMA CGM to Integrate Google AI Across Shipping and Logistics Operations

French shipping and logistics company CMA CGM and Google have announced a strategic partnership to integrate artificial intelligence (AI) across CMA CGM’s

July 18, 2024
Total Views: 706

Wednesday, July 17, 2024
Shipping

Damaged Subsea Cables Repaired in Red Sea

By Olivia Solon and Mohammed Hatem (Bloomberg) — Repairs have finally commenced on three subsea telecommunications cables that were damaged in the Red

July 17, 2024
Total Views: 3303

Shipping

EV Maker BYD Using Chinese-Built Ships for Global Distribution

By Ira Breskin Shenzhen-based BYD is chartering the first Chinese-built and owned ships to deliver its electric vehicles (EVs) to export markets. With BYD’s

July 17, 2024
Total Views: 2294

Shipping

Prestige Falcon Capsizing: Nine Crew Members Rescued By Indian Navy

NEW DELHI, July 17 (Reuters) – At least nine of the 16-member crew of a Comoros-flagged oil tanker that capsized off Oman on Monday have been rescued

July 17, 2024
Total Views: 6031

Shipping

Russian Games Make Secret Tanker Oil Switching Harder to Trace

(Bloomberg) — Two near-identical oil tankers trying to beat western sanctions. A secret transfer of Russian crude halfway between Iran and Oman. A

July 17, 2024
Total Views: 4275

Shipping

Global Supply Chains Disrupted by Ongoing Red Sea Crisis, Warns Maersk

The fallout from the Red Sea crisis continues to cascade globally, creating significant challenges for supply chains, according to a recent market update from

July 17, 2024
Total Views: 3441

Tuesday, July 16, 2024
Accidents

Concerning Rise in Enclosed Space Casualties Aboard Ships, Reports InterManager

InterManager has reported a troubling increase in the number of enclosed space casualties aboard ships. The association’s latest statistics, which have

July 16, 2024
Total Views: 1800

Accidents

Calm Weather Helps Salvage of ‘MV Ultra Galaxy’ Off South Africa’s Coast

Pockets of calmer weather off South Africa’s west coast have provided a much-needed boost to the salvage efforts of the grounded Panama-flagged cargo

July 16, 2024
Total Views: 14676

Screenshot of video released by the Iranian-backed Houthis showing the attack on the MT CHIOS LION in the Red Sea, July 15, 2024.
Shipping

WATCH: Houthi Surface Drone Strike on Tanker in Red Sea

CAIRO, July 16 (Reuters) – Liberia-flagged oil tanker Chios Lion was assessing damage and investigating a potential oil spill after it was attacked by

July 16, 2024
Total Views: 6089

Shipping

LNG Carrier Completes Arctic Voyage to China in 18 Days, Four More En Route

By Malte Humpert (gCaptain) – This year’s Arctic summer shipping season is off to a busy start. Liquefied natural gas (LNG) Carrier Eduard Toll

July 16, 2024
Total Views: 6128

Shipping

Shipowner Denies Houthi Attack Claim

NICOSIA, July 16 (Reuters) – Yemen’s Houthis did not attack the Cyprus-flagged Olvia tanker in the Mediterranean, the ship’s owner told

July 16, 2024
Total Views: 1357

Ports

Growing Threat of Strike Looms Over Atlantic and Gulf Coast Ports

The leader of the International Longshoremen’s Association (ILA) has warned that a strike at all Atlantic and Gulf Coast ports is becoming increasingly

July 16, 2024
Total Views: 1981

Monday, July 15, 2024
Shipping

Multiple New Attacks Reported in Southern Red Sea

The United Kingdom Maritime Trade Operations (UKMTO) office has reported three new attacks in the southern Red Sea, including two taking place on Monday. One

July 15, 2024
Total Views: 6174

Shipping

Xeneta Sees Ocean Container Spot Rates Peaking

The dramatic surge in ocean freight container shipping rates appears to be reaching its peak as importers push back against rising spot rates, according to

July 15, 2024
Total Views: 2350

Shipping

Greece Extends Naval Drills That Deter Russian Oil Transfers

By Alex Longley, Julian Lee and Jack Wittels (Bloomberg) — Greece is again extending the naval drills that have largely deterred transfers of Russian

July 15, 2024
Total Views: 1058

Shipping

Singapore’s Bunker Sales Rise in First Half of 2024

SINGAPORE, July 15 (Reuters) – Sales of marine bunker fuel at Singapore climbed 8.5% in the first half of 2024, official data showed on Monday, as

July 15, 2024
Total Views: 667

Shipping

Maersk Tankers and Competitors Bet Billions on Ammonia Fuel Carriers

(Bloomberg) — Some of the biggest names in shipping are betting billions of dollars on tankers to transport a type of ammonia that’s scarcely being

July 15, 2024
Total Views: 1467

Shipping

US Importers Balk at Return of $10,000 Container Rates

LOS ANGELES, July 15 (Reuters) – The cost to ship a standard 40-foot container of toys, auto parts or other goods from Shanghai to New York has

July 15, 2024
Total Views: 2554