Shipping

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


Friday, September 20, 2024
Ports

Congressional Republicans Urge Biden Administration to Prevent Looming Port Strike

Republican members of the Transportation and Infrastructure Committee and the House of Representatives have called on the Biden-Harris Administration to take

September 20, 2024
Total Views: 1480

UKMTO map showing the location of the suspicious approach, Incident 123, 45NM south of Al Mukha, Yemen.
Shipping

Houthi Attacks Resume in Red Sea After 18-Day Lull

The United Kingdom Maritime Trade Operations (UKMTO) reported a suspicious approach by an unmanned surface drone on a merchant vessel near Yemen’s coast

September 20, 2024
Total Views: 1721

Thursday, September 19, 2024
FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump speaks during a rally at Nassau Veterans Memorial Coliseum, in Uniondale, New York, U.S., September 18, 2024. REUTERS/Brendan McDermid/File Photo
Shipping

Project 2025 Proposes Major Overhaul of MARAD and the Jones Act

The Heritage Foundation’s controversial plan dubbed “Project 2025” is proposing significant changes to the U.S. maritime industry, including a

September 19, 2024
Total Views: 4889

Shipping

A Look Behind Russian Efforts to Skirt US Energy Sanctions

(Bloomberg) — The crayon marks on the wall of the sparsely furnished apartment hint at it being a conventional family home. But the single sofa, pink

September 19, 2024
Total Views: 1967

The Titan submersible, operated by OceanGate Expeditions to explore the wreckage of the sunken SS Titanic off the coast of Newfoundland, dives in an undated photograph. OceanGate Expeditions/Handout via REUTERS
Shipping

U.S. Coast Guard Releases Titan Submersible Discovery Footage

The U.S. Coast Guard has released crucial remotely operated vehicle (ROV) footage of the Titan submersible wreckage, which provided the conclusive evidence of

September 19, 2024
Total Views: 3915

Shipping

Senator Mark Kelly Pushes for Strengthening US Maritime Capacity in Senate Hearing

During a recent Senate Armed Services Committee hearing, Arizona Senator Mark Kelly, a Navy combat veteran and the only U.S. Merchant Marine Academy graduate

September 19, 2024
Total Views: 1235

Shipping

HIF Global Partners with MOL for e-Fuels Expansion

HIF Global, the world’s leading e-Fuels company, has announced a significant investment from Mitsui O.S.K. Lines (MOL) to finance the expansion of HIF

September 19, 2024
Total Views: 310

Ports

Impending Port Strike: Carriers Announce Disruption Surcharges

By Gavin van Marle (The Loadstar) – As the possibility of strike action at ports on the US east and Gulf coasts draws nearer by the day, container

September 19, 2024
Total Views: 1322

Shipping

The Rising Costs of Insuring Ships in the Red Sea

LONDON, Sept 19 (Reuters) – The cost of insuring a ship through the Red Sea has more than doubled since the start of September and some underwriters

September 19, 2024
Total Views: 741

Shipping

Wärtsilä and Chevron Partner to Reduce Methane Slip in LNG Carriers

Finnish technology group Wärtsilä has joined forces with Chevron Shipping Company to convert engines on six of Chevron Transport Corporation’s LNG

September 19, 2024
Total Views: 392

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: 1045

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: 1022

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: 2390

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: 1501

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: 1306

Containership Dali entangled with destroyed baltimore bridge
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: 3764

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: 614

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: 740

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: 1131

Statue of Liberty overlooking Port of New York and New Jersey
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: 2747