Shipping

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


Monday, November 1, 2021
Ports

Maersk to Set Up Logistics Park at Saudi Arabia’s Jeddah Islamic Port

Danish shipping giant Maersk has signed an agreement with Saudi Ports Authority “Mawani” to set up an Integrated Logistics Park at the Jeddah Islamic Port

November 1, 2021
Total Views: 1467

smoke pollution coming from a container ship
Shipping

At COP26, Denmark, US and Other Nation’s Back Tougher Climate Target for Shipping

By Kate Abnett, Jonathan Saul and Ilze Filks GLASGOW, Nov 1 (Reuters) – Denmark, the United States and 12 other countries on Monday backed a goal to

November 1, 2021
Total Views: 1783

Shipping

Rising Cost of Christmas Ornaments Shows Supply Chain Challenges Facing Manufacturers and Retailers

By Bloomberg News (Bloomberg) — This year, the Chinese city of Yiwu — the world’s biggest hub for the manufacture of plastic

November 1, 2021
Total Views: 656

ship loading coal
Shipping

Dry Bulk Market: Room for Some Bouncing Around with Doomsday Not on The Horizon

Savvy traders, analysts and math whizzes had seen it coming- the drybulk market’s “parabolic rise” during September was simply not sustainable. Big

November 1, 2021
Total Views: 802

Hapag-Lloyd Container-ship BOSTON EXPRESS
Shipping

Shipping Lines Could Be Sailing Towards Astonishing $200 Billion Profit This Year

By Mike Wackett (The Loadstar) – With stock market-listed ocean carriers reporting even better-than-expected profits for the third quarter, their

November 1, 2021
Total Views: 2616

Friday, October 29, 2021
Shipping

Containership Charter Rates Fall for First Time in 16 Months

Containership charter rates fell for the first time in at least 16 months in what could be the first sign of container freight rates easing. This is according

October 29, 2021
Total Views: 3505

Container ships wait off the coast of the congested Ports of Los Angeles and Long Beach in Long Beach, California
Shipping

Biden Port Envoy Vows Alliance Will Help Break California Logjam

By Michael Sasso (Bloomberg) — President Joe Biden’s point-person for clearing the supply-chain bottleneck in southern California hailed a new

October 29, 2021
Total Views: 1317

Shipping

Ohio Man Charged After Suspected Bombs Found on Tugboats

An Ohio man has been charged with possession of suspected explosive devices that he allegedly dropped onto two tugboats on the Ohio River. Nathaniel Blayn

October 29, 2021
Total Views: 3244

brussels express lng ship converstion
Shipping

Hapag-Lloyd Raises Earnings Outlook Thanks to ‘Unabated’ Demand for Container Shipping

German liner company Hapag-Lloyd has raised its 2021 earnings outlook to up to $12.6 billion due to the “unabated” global demand for container

October 29, 2021
Total Views: 1136

Shipping

Royal Caribbean Revenue Disappoints as Delta Hits Ticket Sales

Oct 29 (Reuters) – Royal Caribbean Group missed market estimates for quarterly revenue on Friday, as people were apprehensive about going on cruises due

October 29, 2021
Total Views: 1358

cargo ships loading at port of oakland
Shipping

ONE Reports $4 Billion Quarterly Profit and Expects $12 Billion For The Year

By Mike Wackett (The Loadstar) – Japanese ocean carrier Ocean Network Express (ONE) said it now expects a net profit of nearly $12bn for its financial

October 29, 2021
Total Views: 967

bulk carrier ballast water
Shipping

Baltic Dry Index Logs Worst Month Since January 2020 on Weak Vessel Demand

Oct 29 (Reuters) – The Baltic Exchange’s dry bulk sea freight index eased on Friday and posted its biggest monthly fall since January 2020, hurt by

October 29, 2021
Total Views: 1192

panama canal lng transit record
Shipping

Panama Canal Reports Record Annual Tonnage With LNG Leading Gains

The Panama Canal reported record tonnage in its 2021 fiscal year amid unprecedented supply chain challenges. Containers led in total tonnage, while LNG, LPG,

October 29, 2021
Total Views: 1187

Thursday, October 28, 2021
Amazon Shipping Containers
Shipping

Amazon’s Holiday Forecast Disappoints as Labor, Supply Issues Mount

By Jeffrey Dastin and Nivedita Balu Oct 28 (Reuters) – Amazon.com Inc on Thursday reported a slump in profit that it expects will continue through the

October 28, 2021
Total Views: 1467

Ports

Port of Long Beach Lands New Space Tech Tenant

Move over SpaceX, there’s a new rocket launch company coming to the Port of Long Beach. The Long Beach Board of Harbor Commissioners on Thursday approved

October 28, 2021
Total Views: 2228

container terminal at port
Shipping

DP World: COVID-19, Supply Chain Disruptions and Geopolitical Uncertainty Continue to Threaten Global Economic Recovery

Dubai-based ports operator DP World says COVID-19, supply chain disruptions and geopolitical uncertainty could continue to hinder global economic recovery. DP

October 28, 2021
Total Views: 569

port of long beach
Shipping

White House Says Federal Vaccine Mandate Won’t Strain Supply Chains

By Josh Wingrove and Lillianna Byington (Bloomberg) — A requirement for federal workers and contractors to be fully vaccinated for Covid-19 —

October 28, 2021
Total Views: 809

Shipping

Singapore Court Dismisses Oil Tycoon Family’s Appeal Against Ocean Tanker Suit

By Jessica Jaganathan and Florence Tan SINGAPORE, Oct 28 (Reuters) – Singapore’s highest court has dismissed an appeal by oil tycoon Lim Oon Kuin

October 28, 2021
Total Views: 1446

Shipping

Industry Looks to U.N. Climate Talks to Steer Cleaner Shipping

By Jonathan Saul LONDON, Oct 28 (Reuters) – World leaders attending COP26 climate talks from the end of the month must ratchet up pressure to

October 28, 2021
Total Views: 446

Wednesday, October 27, 2021
Shipping

Trade Group Tells FMC to Start Enforcement Action Against Carriers

WASHINGTON, Oct 27 (Reuters) – A U.S. trade group representing companies selling luggage, backpacks and other travel products has written President Joe

October 27, 2021
Total Views: 2767